Beishui Trends | Beishui's net sale was 3.277 billion, Beishui raised to raise SMIC and Huahong to sell Yingfu Fund (02,800) for nearly HK$6 billion

The Zhitong Finance App learned that on November 4, in the Hong Kong stock market, Beishui traded net sales of HK$3.277 billion. Among them, Hong Kong Stock Connect (Shanghai) had net sales of HK$3.163 billion and Hong Kong Stock Connect (Shenzhen) had net sales of HK$115 million.

The individual stocks that Beishui Net bought the most were SMIC (00981), Zhongji Xuchuang (03308), and Huahong Hongli (01347). The individual stocks sold the most by Beishui Net were Yingfu Fund (02800) and Jiantao Multilayer Board (01888).

Hong Kong Stock Connect (Shanghai) active trading stocks

Hong Kong Stock Connect (Shenzhen) active trading stocks

SMIC (00981) and Huahong Hongli (01347) received net purchases of HK$1,184 million and HK$543 million respectively. According to reports, Samsung Electronics is planning to completely withdraw from the 8-inch wafer foundry business by the end of 2030. Samsung Electronics previously only stated that it would gradually reduce its 8-inch chip production line, but this is the first time that an end date has been specified.

Zhongji Innox (03308) received a net purchase of HK$557 million. Recently, a screenshot of a research report stating that the publishing agency is Nomura and claims to lower the target price of Zhongji Xuchuang A shares to 330 yuan is rapidly circulating in the investment community. Interface News sought evidence from Nomura. A person related to Nomura exclusively replied, “The matter is untrue.” In other words, Nomura has never published this research report on lowering the target price; the relevant circulating content is untrue information.

Alibaba-W (09988) received a net purchase of HK$430 million. Alibaba and Apple have reached a partnership to integrate Qian Q into Apple Intelligence. Chinese users can directly invoke QianQ's ability to understand text and images and generate content in Siri, writing tools, and visual intelligence. These features will be open tested with the latest iOS developer beta on November 4, and will be rolled out to Chinese users when iOS 27.3 is officially released in December.

Changfei Optical Fiber Cable (06869) received a net purchase of HK$425 million. Nomura said that the steady growth of Changfei Optical Fiber Cable is mainly due to strong AIDC demand and supply shortages driven by sharp increases in optical fiber prices, as well as product portfolio improvements. It is expected that the company will continue to benefit from strong AIDC demand in the second half of 2026 and 2027.

Smart Spectrum (02513) received a net purchase of HK$48.59 million. Komo released a research report saying that demand for AI models in China is between the two stages of demand for programming and more extensive white-collar work. Demand for AI other than programming appeared later than the bank's original expectations, but the bank believes that the market is too pessimistic, remains optimistic about the sector, and uses intelligent spectrum AI as the first choice.

Yingfu Fund (02800) had a net sale of HK$5.979 billion. Dongwu Securities believes that the relative earnings of Hong Kong stocks may be moderate compared to July. First, even if there is short-term capital shortfall to make up, the current liquidity environment is not as good as in July; second, market capital is awaiting a signal of a rebound in technology and hardware. Hong Kong stocks are not at a high or low pace. It depends more on the resonance effect, but the technology and hardware content is low, so there is relatively limited room for a rebound.

In addition, Tencent (00700) received a net purchase of HK$109 million, while Jiantao laminates (01888) received a net sale of HK$185 million.