The Zhitong Finance App learned that on November 27, the Hong Kong Stock Exchange had a net purchase of HK$5.271 billion, of which Hong Kong Stock Connect (Shanghai) had a net purchase of HK$1.914 billion and the Hong Kong Stock Connect (Shenzhen) transaction had a net purchase of HK$3.357 billion.

The individual stocks that Beishui Net bought the most were Alibaba-W (09988), Meituan-W (03690), and Tencent (00700). The individual stocks sold the most by Beishui Net were Yingfu Fund (02800), Xiaopeng Automobile-W (09868), and SMIC (00981).

Hong Kong Stock Connect (Shanghai) active trading stocks

Hong Kong Stock Connect (Shenzhen) active trading stocks

Beishui Capital Raising Technology Network shares, Alibaba-W (09988), Meituan-W (03690), and Tencent (00700) received net purchases of HK$1.686 billion, 0.954 billion, and HK$0.718 billion respectively. According to the news, Guotai Junan released a research report saying that the southbound capital inflow continues to maintain a net inflow, and the net monthly inflow since November has reached a record high in the past three years. The Hang Seng Technology Index's profit forecast continues to rise for the next 12 months, and realistic expectations are gradually stabilizing. Currently, Hong Kong stocks have a high allocation cost ratio. Considering subsequent improvements in overseas liquidity combined with increased domestic policies, there is still room for hope in the Hong Kong stock market. According to the Shanghai Securities News, Wells Fargo Fund previously indicated that the current correction in Hong Kong stocks may have been quite sufficient, and the valuation has once again returned to a cost-effective position.

Ping An of China (02318) received a net purchase of HK$0.273 billion. According to the news, GF Securities pointed out that the industry's release of property insurance and personal insurance claims regulations is conducive to further enhancing residents' perceptions of insurance and long-term growth. At the same time, the gradual introduction of steady growth policies is conducive to the continued recovery of long-term interest rates and equity markets. It is beneficial to maintain a high growth rate of profits throughout the year. The value growth rate is expanding due to the improvement in superposition differences, and insurance stock valuations are expected to continue to rise. It is recommended to pay active attention to the insurance sector.

Suteng Juchuang (02498) received a net purchase of HK$0.199 billion. According to the news, US stock Hesai Technology soared by more than 44% overnight, stimulated by favorable performance. According to reports, Suteng Juchuang will release the third quarter results on November 29. In the third quarter, Sagiteng Juchuang's total lidar sales volume was about 0.1386 million units, up 134.9% year on year. Among them, automotive lidar sales were about 0.1314 million units, up 147.0% year on year. Dongwu Securities previously stated that in the future, as the cost performance ratio of the company's products continues to improve, and the penetration rate of superimposed in-vehicle lidars continues to rise, the company's shipments are expected to maintain a high increase, scale effects will gradually become apparent, and profitability is expected to increase rapidly.

Auto Street (02443) plummeted 44% today. Beishui's capital attracted funds due to dips, with a net purchase of HK$0.189 billion throughout the day. According to the news, Auto Street was listed on May 31. The ban expires today, involving 0.55 billion shares being lifted today, accounting for 66.1% of the total share capital. It is worth noting that the Hong Kong Stock Exchange recently announced the revised list of short sellable equity securities, which will take effect on November 8; a total of 35 stocks have been included in the short sale, including Auto Street.

CNOOC (00883) received a net purchase of HK$73.9 million. According to the news, according to reports, major OPEC+ countries have begun discussions to delay the resumption of crude oil production, which was originally scheduled to begin in January, which may be delayed for several months. Delegates who asked to remain anonymous due to discussions on undisclosed negotiations said that under signs of global oversupply, these countries doubt whether they can continue to advance plans to increase production in January, and may also need to delay the planned further increase in production in the next few months.

Yingfu Fund (02800) had a net sale of HK$1.037 billion. According to the news, CICC pointed out earlier that in the short term, external pressure and geographical disturbances seem to be the main reason for the “sudden” decline in the market. However, it is essentially because the market itself is in a kind of “weak balance” between expectations and policy implementation. China and Thailand International, on the other hand, pointed out that the policy base needs to be re-consolidated, and that external uncertainties such as potentially high tariffs and heightened geopolitical conflicts are an important logic of “forcing” the current policy to be introduced earlier and strengthened.

Additionally, China Mobile (00941) received a net purchase of HK$49.03 million. Meanwhile, Xiaopeng Motor-W (09868) and SMIC (00981) had net sales of HK$18.57 million and HK$0.7 million respectively.