According to Zhitong Finance APP, on December 30, in the Hong Kong stock market, the northbound capital recorded a net purchase of 7.351 billion HK dollars, of which the SH->HK Connect had a net purchase of 4.814 billion HK dollars, and the SZ->HK Connect had a net purchase of 2.537 billion HK dollars.

The stocks with the highest net purchases from the northbound capital are Semiconductor Manufacturing International Corporation (00981), UBTECH (09880), and XIAOMI-W (01810). The stocks with the highest net sales are Tencent (00700) and Alibaba (09988).

Active traded stocks under SH->HK Connect.

Active trading stocks on SZ->HK Connect.

Semiconductor Manufacturing International Corporation (00981) received a net purchase of 1.604 billion HKD. On the news front, Ping An Securities released a Research Report stating that the current Consumer Electronics sector is seeing a rebound, and the localization process of Semiconductors continues to advance. In addition, the AI-driven computing power Industry Chain will also continue to benefit, and the Semiconductor industry is currently in a recovery phase. The rebound in Consumer Electronics will drive a new upward cycle in Semiconductors, with optimism about the recovery trend and the two main lines of the AI computing power Industry Chain. Huaxin Securities pointed out that Semiconductor Manufacturing International Corporation, as a leader in the integrated circuit manufacturing industry in Mainland China and one of the world's leading integrated circuit foundries, has obvious scarcity and importance, initiating coverage and giving a "Buy" investment rating.

UBTECH Robotics (09880) received a net purchase of 1.055 billion HKD. In the news, UBTECH announced that Chairman and CEO Zhou Jian has terminated the concerted action agreement with several shareholders; Zhou Jian also pledged not to reduce his holding of 70.4 million H shares within the next year. UBTECH stated that the company respects shareholders' differing plans for the disposal of Pre-IPO shares based on long-term optimism about the company. The management has strong confidence in the company’s various business operations and the implementation of the humanoid robot industry while also disclosing a long-term lock-up announcement regarding the shares.

Industrial And Commercial Bank Of China (01398) received a net purchase of 0.57 billion HKD. In the news, the Stock Exchange shareholding disclosure document showed that Ping An increased its holdings of over 0.107 billion shares of Industrial And Commercial Bank Of China H shares on December 20, involving 0.522 billion HKD. After the purchase, Ping An's shareholding in the bank rose from 14.99% to 15.11%. CITIC SEC pointed out that with the mid-term dividend season approaching for banks, there is a demand for allocation from absolute return funds, while relative return funds seek to adjust their industry structure, which jointly increases the allocation in the banking Sector.

CHINA MOBILE (00941) received a net purchase of 0.558 billion HKD. In the news, CICC released a research report stating that telecommunications 5G has begun to enter a return phase, with capital expenditures expected to decline supporting free cash flow performance, and cost control also underpinning profit stability. In this low interest rate environment, the valuation of the Telecommunication Services Sector is attractive. The firm expressed optimism about CHINA MOBILE and CHINA TELECOM within the Telecommunication Services sector.

China National Offshore Oil Corporation (00883) received a net purchase of 0.273 billion HKD. In the news, Everbright Securities previously indicated that with the peak season for Henry Hub Natural Gas approaching, as well as improving medium to long-term natural gas demand and ongoing market reforms, the "three oil giants" are expected to benefit significantly. In addition, the valuation of the "three oil giants" is significantly undervalued compared to overseas giants, and their long-term growth potential is likely to continue to be realized.

WEIMOB INC (02013) received a net purchase of 0.186 billion HKD. In the news, WEIMOB INC announced that on December 20, 23, and 27, major shareholders Sun Taoyong, Fang Tongshu, and You Fengchun sold a total of 86 million shares, 13 million shares, and 24.593 million shares respectively. At the same time, the three major shareholders pledged not to reduce their holdings in the company within twelve months from December 27. Kaiyuan Securities indicated that WEIMOB was the first to integrate mini-programs into WeChat's mini-store, and as the WeChat e-commerce ecosystem improves in the future, WEIMOB is expected to be one of the primary beneficiaries as Tencent's leading service provider.

SMOORE INTL (06969) received a net buy of 81.18 million HKD. On the news front, SMOORE INTL recently announced a stock option plan and a share reward sale plan, intending to grant 61 million and 2.26 million stock options to Chen Zhiping and 12 participants respectively, with a grant price of 11.26 HKD per share, and plans to grant 1.416 million reward shares to 9 participants. CICC issued a research report stating that the company's stock-based incentive market cap target setting is positive; the medium- and long-term assessment highlights the management's strategic determination and confidence in development, and the core staff assessment target setting is reasonable, efficiently binding the core team's interests, motivating employees' enthusiasm and internal development momentum.

ZTE (00763) received a net buy of 8.39 million HKD. On the news front, Goldman Sachs published a report expecting ZTE's revenue for the fourth quarter to be 35 billion RMB, flat year-on-year, but up 27% quarter-on-quarter. Domestic telecommunication network demand is still affected by a slowdown in capital expenditure cycles, but overseas revenue is growing strongly. The bank expects ZTE's net profit for the fourth quarter to grow 52% year-on-year to 2.3 billion RMB. The company is viewed as Bullish on growth potential in the Enterprise and Consumer Electronics sector, and in the long run, demand for AI infrastructure and AI devices will continue to grow.

Additionally, XIAOMI-W (01810) and LI AUTO-W (02015) received net buys of 0.856 billion and 93.42 million HKD respectively. Meanwhile, TENCENT (00700) and Alibaba-W (09988) experienced net sells of 0.331 billion and 10.41 million HKD respectively.