Beishui Trends | Beishui Trading made a net purchase of 9.178 billion Beishui Jiacangke Online Stocks and Hong Kong Stock ETFs to raise Tencent (00700) over HK$1.9 billion

The Zhitong Finance App learned that on January 7, the Hong Kong Stock Exchange had a net purchase of HK$9.178 billion, of which the Hong Kong Stock Connect (Shanghai) transaction made a net purchase of HK$3.49 billion and the Hong Kong Stock Connect (Shenzhen) transaction made a net purchase of HK$5.688 billion.

The individual stocks that Beishui Net bought the most were Tencent (00700), Xiaomi Group-W (01810), and Yingfu Fund (02800). The individual stocks sold the most by Beishui Net were China Mobile (00941), SMIC (00981), and CNOOC (00883).

Hong Kong Stock Connect (Shanghai) active trading stocks

Hong Kong Stock Connect (Shenzhen) active trading stocks

Beishui Capital once again added Cangke Network shares. Tencent (00700), Meituan-W (03690), and Alibaba-W (09988) received net purchases of HK$1,955 million, 402 million, and HK$123 million respectively. According to the news, Citi released a research report saying that in 2026, the mainland Internet industry will focus on three major themes: first, recurring revenue growth using cloud infrastructure, model stacks, and inference tokens; second, major Internet companies compete to seize user traffic from AI chatbots in order to monetize the future ecosystem; and third, vertical enterprises deploy self-trained proprietary data AI agents to maintain competitive advantage and enhance user engagement and monetization potential.

Xiaomi Group-W (01810) received a net purchase of HK$1,632 billion. According to the news, on the morning of January 7, Lei Jun, founder, chairman and CEO of the Xiaomi Group, announced on social platforms that the next-generation Xiaomi SU7 is scheduled to be launched in April this year. This is a facelifted model of the current Xiaomi SU7. It is expected to be upgraded in terms of design, assisted driving, and intelligence. Notably, Xiaomi Group Chairman Lei Jun previously revealed that the target delivery target for Xiaomi cars is 550,000 vehicles for the whole year of 2026.

Hong Kong stock ETF positions have also been increased. Yingfu Fund (02800) and Hang Seng China Enterprises (02828) received net purchases of HK$1,465 million and HK$912 million respectively. On the news, Zhejiang Business International pointed out that the fundamentals of the Hong Kong stock market are still weak, the capital environment has declined somewhat, the policy focus is on new productivity and expanding domestic demand, and sentiment is picking up in the short term. Goldman Sachs, on the other hand, maintained an “overmatched” rating for China's A shares and H shares. The bank believes that in the current context of profit growth, valuation levels, and generally low investor positions, the risk-reward ratio of Chinese stocks is attractive.

Goldwind Technology (02208) received a net purchase of HK$210 million. According to the news, the Blue Rocket Aerospace Science and Technology Innovation Board's IPO application was recently accepted. Goldwind Technology holds 4.1412% of Blue Rocket Aerospace's shares through its Jiang Han assets, making it the sixth largest shareholder. Yamato recently stated that any positive progress in the Blue Rocket Aerospace Science and Technology Innovation Board IPO, as well as positive news on commercial space policy, can bring further positive stock price catalysts to Goldwind and an opportunity for Goldwind to re-evaluate its valuation. Xiaomo, on the other hand, believes that Goldwind Technology's stock price has risen or overreacted because of Blue Arrow Aerospace.

CNOOC (00883) each had a net sale of HK$78.74 million. According to the news, Goldman Sachs published a report saying that after the US takes over Venezuela, Venezuela's oil production this year will depend on the US sanctions policy. It believes that the situation in Venezuela poses an uncertain but moderate risk to oil prices in the short term, and the forecast for this year's oil prices remains unchanged. The bank believes that Venezuela's oil production may rise in the long run, which increases the risk of a downside in the oil price forecast for 2027 and beyond.

In addition, China Life (02628) received a net purchase of HK$416 million. Meanwhile, China Mobile (00941), SMIC (00981), and Huahong Semiconductor (01347) received net sales of 1,126 billion, 1.07 billion, and 65.91 million Hong Kong dollars respectively.