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Capital movements | Northbound funds sold more than 1.2 billion Hong Kong dollars worth of Meituan, while continuously buying more than 4 billion Hong Kong dollars worth of Tencent for two consecutive days.
Today, the net Buy of Hong Kong stocks is 2.65 billion Hong Kong dollars.
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On December 23, southbound funds net bought over 2.6 billion Hong Kong dollars: significantly increased positions in Industrial And Commercial Bank Of China and Semiconductor Manufacturing International Corporation while reducing holdings in Meituan and K
① The southbound capital traded about 63.9 billion Hong Kong dollars on the day, which stocks are experiencing continued Inflow? ② The Inflow of the Industrial And Commercial Bank Of China exceeds 1 billion Hong Kong dollars, how has the stock price performed?
Infographic | Southern funds are massively increasing their positions in Industrial and Commercial Bank of China and Semiconductor Manufacturing International Corporation.
Southbound capital today net bought 2.65 billion Hong Kong dollars of Hong Kong stocks. Among them: net purchased Industrial And Commercial Bank Of China 1.069 billion, Semiconductor Manufacturing International Corporation 0.657 billion, CHINA MOBILE 0.379 billion, TENCENT 0.276 billion, China Construction Bank Corporation 0.23 billion, WEIMOB INC 0.188 billion, XIAOMI-W 0.172 billion, EAST BUY 0.114 billion, net sold MEITUAN-W 1.222 billion, KUAISHOU-W 0.428 billion. According to Statistics, southbound capital has: net bought WEIMOB INC for 3 consecutive days, totaling 1.1618 billion Hong Kong dollars; net bought TENCENT for 3 consecutive days, totaling 4.36059 billion Hong Kong dollars; net bought for 4 consecutive days.
Chip stocks showed strong performance at the beginning, with Semiconductor Manufacturing International Corporation (00981) rising by 3.71%. Institutions indicate that the independence and controllability of Semiconductors will be a long-term trend.
Jinwu Financial News | Chip stocks are strong at the beginning of the trading session. As of the time of writing, Semiconductor Manufacturing International Corporation (00981) is up 3.71%, SOLOMON SYSTECH (02878) is up 2.13%, Beike Micro (02149) is up 1.69%, HUA HONG SEMI (01347) is up 1.4%, SHANGHAI FUDAN (01385) is up 1.03%.
Semiconductors are soaring across the board! Semiconductor Manufacturing International Corporation rises over 10% as the Industry welcomes a "dual drive of investment and application."
① The semiconductor sector in the A-shares and Hong Kong stocks surged collectively, with Espressif Systems, Starry Technology, Peak Technology, Cambricon, and SFTP seeing their stock prices reach historic highs during trading. ② Cambricon has become the second highest stock in the A-shares market, with a year-to-date increase of over 388%, exceeding NVIDIA and Broadcom. ③ SEMI recently pointed out that investments in mainland China related to AI are beyond expectations.