Beishui Trends | Beishui Transactions made a net purchase of 3.125 billion dollars of domestic capital and increased the position of SMIC (00981) over HK$700 million throughout the day

The Zhitong Finance App learned that on December 22, the Hong Kong Stock Exchange had a net purchase of HK$3.125 billion, of which the Hong Kong Stock Connect (Shanghai) transaction had a net sale of HK$824 million and the Hong Kong Stock Connect (Shenzhen) transaction had a net purchase of HK$3,949 million.

The individual stocks that Beishui Net bought the most were SMIC (00981), Xiaomi Group-W (01810), and Tencent (00700). The individual stocks sold the most by Beishui Net were China Mobile (00941) and Alibaba-W (09988).

Hong Kong Stock Connect (Shanghai) active trading stocks

Hong Kong Stock Connect (Shenzhen) active trading stocks

Hokusui added a position to chip stocks. SMIC (00981) and Huahong Semiconductor (01347) received net purchases of HK$730 million and HK$2 million respectively. According to the news, the business changes of Agile Meiwei Electronics Co., Ltd. attracted attention — the original shareholder Agile Electronics Industrial Co., Ltd. officially withdrew, while new shareholders such as the SDIC New Equity Investment Fund under National Capital Phase III, Guoxin Development Investment Management Co., Ltd. and Guangzhou Industrial Investment Holding Group Co., Ltd. joined. This marks the establishment of the third phase of the National Big Fund in the field of IC carrier boards.

Xiaomi Group-W (01810) received a net purchase of HK$686 million. According to the news, on December 17, the Xiaomi Renchejia All-Ecological Partnership Conference was successfully held. MiMO team leader Luo Fuli completed her debut speech and released the MIMO-v2-Flash model. Also, the Xiaomi 17 Ultra press conference is scheduled for December 25th. Lu Weibing, president of the Xiaomi Group, said that the new generation flagship model, the Xiaomi 17 Ultra, will see a price increase, mainly affected by rising memory costs.

Tencent (00700) received a net purchase of HK$597 million. According to the news, GF Securities released a research report saying that Tencent has achieved solid results in the advertising and game business through AI technology and category expansion. Looking ahead, the advertising business benefits from the continuous iteration of AI technology and the spread of AIM+ and other systems, and is expected to maintain a strong growth trend. The product development and investment system in the shooting category is rich, and it has entered a new product expansion cycle, which is expected to maintain steady growth in overseas and local markets. In 2026, AI breakthroughs and cloud business expansion are expected to be new growth highlights.

Changfei Optical Fiber Cable (06869) received a net purchase of HK$425 million. According to the news, CITIC Construction Investment pointed out that since the third quarter of this year, fiber prices in the Chinese market have continued to rise, reflecting improved demand and tight overall supply. Strong overseas demand and strong export performance also reflect strong demand in the global fiber optic cable market. Considering that global demand for optical modules will continue to increase significantly in 2026, the demand for corresponding optical fibers will also increase.

ICBC (01398) received a net purchase of HK$122 million. According to the news, CITIC Securities anticipates that the decline in net interest spreads in the banking sector will narrow to around 4 bps in 2026, the first annual interest rate reduction since 2022 at a low single-digit level. Benefiting from this, the year-on-year growth rate of listed banks' annual operating income and net profit to mother improved to around 3.3%/2.8%, respectively. The steady improvement in performance lays a solid foundation for stable returns in the sector.

Additionally, CNOOC (00883), Meituan-W (03690), and CSPC Group (01093) received net purchases of HK$232 million, 58.44 million, and HK$16.18 million respectively. Meanwhile, China Mobile (00941) and Alibaba-W (09988) were net sold at HK$579 million and HK$519 million respectively.