Beishui Trends | Beishui Trading sold a net sale of 3,845 billion dollars of chips and robot concepts, and was sold by domestic investors in additional positions with Yingfu Fund (02800)

The Zhitong Finance App learned that on December 30, the Hong Kong Stock Exchange had a net sale of HK$3,845 billion, of which the Hong Kong Stock Connect (Shanghai) transaction had a net sale of HK$1,327 billion and the Hong Kong Stock Connect (Shenzhen) transaction had a net sale of HK$2,518 billion.

The individual stocks that Beishui Net bought the most were SMIC (00981), CNOOC (00883), and ICBC (01398). The individual stocks sold the most by Beishui Net were Yingfu Fund (02800), Tencent (00700), and China Mobile (00941).

Hong Kong Stock Connect (Shanghai) active trading stocks

Hong Kong Stock Connect (Shenzhen) active trading stocks

Beishui is once again increasing its holdings in chip stocks. SMIC (00981) and Huahong Semiconductor (01347) received net purchases of HK$759 million and HK$177 million respectively. According to the news, on the evening of December 29, SMIC announced that the company plans to issue shares to 5 shareholders of SMIC North, including the National Integrated Circuit Fund, to purchase 49% of their shares in the target company at a transaction price of 40.6 billion yuan. After the transaction is completed, SMIC will hold 100% of SMIC North's shares. Guotai Junan believes that as the global semiconductor cycle bottoms out and recovers, combined with domestic policy and financial support, manufacturing leaders represented by SMIC will usher in a double recovery window for performance and valuation.

CNOOC (00883) received a net purchase of HK$460 million. According to the news, Huatai Securities believes that the risk premium brought about by the US and European sanctions against Russia has basically subsided. Demand in the northern hemisphere is gradually released in off-season and OPEC+ targets are gradually released. Under the easing of supply and demand, 26Q1 oil prices may still have some room to decline. 26Q2-Q3 oil prices are expected to bottom out and rise as demand enters the peak season. It is expected that the average price of Brent will be 68/62 US dollars/barrel in 25/26.

ICBC (01398) received a net purchase of HK$356 million. According to the news, Guoxin Securities said that looking ahead to 2026, the factors driving the bank's pre-Spring Festival market will continue to gain strength. First, the steady growth policy continues, and the 2026 credit investment growth target is expected to be about the same as last year. However, the recovery in credit demand in the physical sector is expected to be slow. Adhering to principles such as “early investment, early benefit,” it is expected that banks are more willing to rush into credit investment this year. The scale of credit investment is slightly higher than last year's, which is beneficial to banks that are starting off well.

Beishui pursues robotics concept stocks. Sanhua Intelligent Control (02050) and Premium Choice (09880) received net purchases of HK$215 million and HK$41.87 million respectively. According to the news, according to reports from brokerage China, there are rumors that supply chain companies have recently visited customers in North America, and the market expects the Tesla Optimus project to be contracted soon; other sources say that the Trump administration is considering issuing an executive order on robots in 2026.

Technology Network stocks were clearly divided, and Meituan-W (03690) received a net purchase of HK$70.39 million. Meanwhile, Alibaba-W (09988) and Tencent (00700) had net sales of HK$492 million and HK$1,278 billion respectively. According to the news, Dongwu Securities said earlier that Hong Kong stocks may have short-term market conditions, but it is still recommended to keep an eye on it. The current location is attractive in terms of medium- to long-term configurations. US stocks are expected to have a “Christmas market” in the short term. There are signs of a rebound in US technology stocks. Hong Kong stock technology may resonate with US stock technology, but the lifting of the ban will still disrupt Hong Kong stocks. Furthermore, the allocation of Hong Kong stocks still requires position control. The bank is worried that there is still a risk of a pullback in US stocks in January.

Yingfu Fund (02800) had a net sale of HK$1,612 billion. According to the news, Huatai Securities believes that the current market is still in the left-hand layout range, and the inflection point on the right side is not clear. The market's unanimous expectations for spring unrest ahead of time are strong, but Hong Kong stocks are still under pressure on supply and demand at the end of the year. “Santa Rally” is uncertain. The first quarter may be at a stage where the win rate is higher.

Additionally, Xiaomi Group-W (01810) received a net purchase of HK$226 million, while China Mobile (00941) received a net sale of HK$992 million.