Beishui Trends | Beishui transaction sold a net sale of 6.554 billion, Beishui Fengdi Jiantao sold Yingfu Fund (02,800) over HK$2.1 billion

The Zhitong Finance App learned that on September 28, in the Hong Kong stock market, Beishui traded net sales of HK$6.554 billion. Among them, Hong Kong Stock Connect (Shanghai) had net sales of HK$1,738 billion and Hong Kong Stock Connect (Shenzhen) had net sales of HK$4.816 billion.

The individual stocks that Beishui Net bought the most were Jiantao Laminate (01888), CNOOC (00883), and MINIMAX-W (00100). The individual stocks sold the most by Beishui Net were Yingfu Fund (02800), Hang Seng China Enterprise (02828), and Tencent (00700).

Hong Kong Stock Connect (Shanghai) active trading stocks

Hong Kong Stock Connect (Shenzhen) active trading stocks

The Jiantao department has plummeted today, and Beishui's capital positions have increased due to dips. Jiantao Laminate (01888) and Jiantao Group (00148) received net purchases of HK$434 million and HK$14.58 million respectively. Morgan Stanley said that the total potential global CCL market is expected to increase from US$19 billion in 2025 to US$47 billion in 2030, corresponding to a compound annual growth rate of 20%, which is significantly higher than the general market forecast of US$35 billion to US$40 billion. J.P. Morgan said that it is predicted that the earnings per share of Jiantao Laminate will increase 8 times between 2025 and 2028. The core drivers include rising copper clad plate prices, expansion of production capacity, and a 75% increase in the scale of loom equipment.

CNOOC (00883) received a net purchase of HK$426 million. US President Trump said on the 27th that it is expected that the US and Iran will resume negotiations within the next week. However, at the same time, he said that he “has been considering” whether to resume military attacks on Iran. Iranian Foreign Minister Alagzi said that Iran is ready to restart war with the US, but it has not given up contacts through diplomatic channels.

MINIMAX-W (00100) received a net purchase of HK$5.55 million. On September 23, an anonymous big model called Space Bunny launched OpenRouter, a world-renowned model aggregation platform, and OpenCode, a programming platform. According to statistics from September 27, Space Bunny ranked first with about 3.99 trillion token calls on OpenRouter and 8.3 trillion in OpenCode. Currently, Space Bunny has been “dominating” the two platforms for three consecutive days. Netizens speculate that it is a new MiniMax model.

Shandong Gold (01787) had a net sale of HK$230 million. Shandong Gold announced that the company's 2026 production and operation plan will be adjusted from the original “no less than 49 tons of gold production” to “36 tons to 38 tons of gold production”. In 2025, the company's mineral gold production was 48.89 tons. In 2026, mineral gold production is expected to decrease by about 11-13 tons year-on-year. Net profit is expected to decline year on year in 2026.

Changfei Optical Fiber Cable (06869) had a net sale of HK$477 million. Optical fiber leader Hengtong Optoelectronics revealed a fixed increase plan to issue no more than 740 million A-shares, raise no more than 6.636 billion yuan in total capital, and plan to invest in 9 projects including Optical Communications. Specifically, the “Next Generation Optical Fiber R&D and Production Project” plans to invest 758 million yuan, and the “Inner Mongolia Optical High-end Optical New Material Construction Project” plans to invest 862 million yuan. These two form the core of the expansion of production capacity for prefabricated optical fibers and special optical fibers.

Yingfu Fund (02800) and Hang Seng China Enterprises (02828) were net sold at HK$2,117 billion and HK$1,277 billion respectively. Galaxy Securities pointed out that the market needs to reprice a “higher and longer” interest rate environment, and Hong Kong stocks lack trending catalysts in the short term. Previously, interest rate hikes in some capital games rebounded, but the overall tone of the Federal Reserve's September interest rate meeting was more hawkish than market expectations. The bitmap shows that interest rates are expected to be raised at least once more during the year. Chairman Walsh listed inflation as the main contradiction, sending a clear anti-inflation signal. This means that the logic of running out of profit has been broken, and the uncertainty has not been eliminated, but rather delayed until the fourth quarter.

Additionally, Alibaba-W (09988), SMIC (00981), and Tencent (00700) received net sales of HK$137 million, $600 million, and HK$976 million respectively.