Beishui Trends | Beishui's net sale of 1,238 billion AI hardware shares were sold again, and Xiaomi (01810) received a HK$500 million increase in its position

The Zhitong Finance App learned that on October 27, in the Hong Kong stock market, Beishui traded net sales of HK$1,238 billion. Among them, Hong Kong Stock Connect (Shanghai) had net sales of HK$900 million and Hong Kong Stock Connect (Shenzhen) had net sales of HK$338 million.

The individual stocks that Beishuijing bought the most were Xiaomi-W (01810), Zhiguo (02513), and China Mobile (00941). The individual stocks sold the most by Beishui Net were Changfei Optical Fiber Cable (06869), Jiantao Laminate (01888), and SMIC (00981).

Hong Kong Stock Connect (Shanghai) active trading stocks

Hong Kong Stock Connect (Shenzhen) active trading stocks

The Xiaomi-W (01810) received a net purchase of HK$545 million. The official Xiaomi Technology account revealed the results of exploration of bionic dexterous hand technology. The new generation of products is based on the flexible manufacturing scenario of the Xiaomi car factory. It uses 21 degrees of freedom, 26 motor hybrid drives, and is equipped with 1,500 points of high density full palm feel. Xiaomi revealed that the new bionic hand has been tested with multiple positions, and the grip accuracy and grip success rate have improved compared to the previous low-freedom version.

Smart Spectrum (02513) and MINIMAX-W (00100) received net purchases of HK$426 million and HK$175 million respectively. Anthropic officially submits S-1 documents. According to reports, Anthropic plans to launch an IPO in the week of November 16. Anthropic's target valuation is as high as $2 trillion. If successfully implemented, it will be the largest IPO in history. CITIC Securities released a research report saying that although the market is currently cautious about the big model, it is still firmly optimistic about the long-term commercial value and valuation growth space of the Sino-US model.

China Mobile (00941) received a net purchase of HK$415 million. J.P. Morgan Chase released a research report saying that China Mobile's profit for the third quarter fell 12% year on year, 5% lower than the overall market forecast, but emphasized that the profit decline was mainly due to non-operating projects. If no operating projects were excluded, net profit for the third quarter remained flat, improving from the 4% and 15% year-on-year decline in the first quarter and the second quarter, respectively, reflecting the effectiveness of optimizing operating expenses.

China Shenhua (01088) received a net purchase of HK$142 million. According to a report published by Morgan Stanley, China Shenhua's net profit for the first nine months of this year rose 4% year on year to 44 billion yuan, which means that net profit for the third quarter rose 3% year on year to 15.7 billion yuan, which is generally in line with market expectations. The bank expects the fourth quarter's earnings to be resilient.

AI hardware stocks were sold off again. Jiantao Group (00148), SMIC (00981), Jiantao Laminate (01888), and Changfei Optical Fiber Cable (06869) were net sold at HK$42.09 million, 192 million, 305 million, and 518 million, respectively. This week, the three tech giants Alphabet, Microsoft, and Amazon will focus on releasing financial reports. According to Nomura's latest report, AI capital expenditure is in a dilemma. If capital expenditure of hyperscale manufacturers continues to accelerate, the market will focus heavily on the continued consumption of free cash flow and further question the sustainability of overall financing; if capital expenditure of hyperscale manufacturers decelerates substantially, AI transactions will face an even more severe impact.

CNOOC (00883) had a net sale of HK$133 million. Officials from Saudi Arabia, Turkey, Pakistan and Iran held talks in Tehran on Monday (26th) to step up efforts to ease tension in the Middle East. All parties agree that the security of West Asia must rely on its own strength and avoid any foreign intervention. After the meeting, the parties agreed to continue to hold relevant talks in the future to strengthen cooperation between the four countries in areas including regional peace and security.

In addition, Conoa-B (02162) received a net purchase of HK$73.08 million, while Tencent (00700) and Alibaba-W (09988) had net sales of HK$119 million and HK$161 million respectively.