North Water Trends | Beishui's net purchase of 2,021 billion dollars, commercialization ushered in an inflection point, Beishui added MINIMAX (00100) to exceed HK$1 billion
The Zhitong Finance App learned that on August 10, in the Hong Kong stock market, Beishui traded a net purchase of HK$2,021 billion. Among them, Hong Kong Stock Connect (Shanghai) had a net purchase of HK$2,796 million, and Hong Kong Stock Connect (Shenzhen) had a net sale of HK$776 million.
The individual stocks that Beishui Net bought the most were MINIMAX-W (00100), Jiantao Laminate (01888), and Kingsley Biotechnology (01548). The individual stocks sold the most by Beishui Net were SMIC (00981) and Jiantao Group (00148).
Hong Kong Stock Connect (Shanghai) active trading stocks
Hong Kong Stock Connect (Shenzhen) active trading stocks
MINIMAX-W (00100) and Smart Spectrum (02513) received net purchases of HK$1,013 million and HK$313 million respectively. China Merchants Securities released a research report saying that DeepSeek officially announced plans to drastically raise the API price. Combined with Silicon Data data, the open source model Token price index continues to rise, marking that the industry has completely left the loss expansion model of low prices for scale and has entered a new stage of commercialization where pricing is based on performance, computing power, and service capacity, and focusing on profit quality. It is recommended to focus on large model manufacturers with strong product strength and proven commercialization capabilities, focus on smart spectrum, and focus on MiniMax.
Jiantao Laminate (01888) received a net purchase of HK$599 million, while Jiantao Group (00148) received a net sale of HK$50.3 million. Goldman Sachs's latest research report shows that the market size forecast for AI servers has been drastically raised. The bank expects the global AI server PCB market to reach US$37.5 billion in 2027, up 38% from the previous forecast, and further increase to US$84 billion in 2028; the CCL market is expected to reach US$22.1 billion in 2027, an increase of 18%, and is expected to rise to US$48 billion in 2028.
Kingsley Biotech (01548) and Pharmaceutical Biotech (02269) received net purchases of HK$472 million and HK$29.41 million respectively. Yao Ming Kant issued an announcement. The US District Court for the District of Columbia approved the company's preliminary injunction motion on August 7. While the company is being sued for inclusion in the 1260H list, the US Department of Defense is prohibited from enforcing the relevant findings or taking any other action based on it. Experts pointed out that phased buffering can reduce the concerns of US customers, but US policy risks still require continuous attention.
Xiaomi Group-W (01810) received a net purchase of HK$384 million. On August 2, Xiaomi officially announced the third round of price increases during the year. Prices of various major models, such as the Xiaomi 17 series, all REDMI K90 series, and REDMI Turbo 5, were raised from 300 yuan to 500 yuan. Guosheng Securities believes that the gross margin trend in the mobile phone business is expected to stabilize as the increase in storage costs in Q3 and beyond narrows, product structure optimization, and the pace of price increases becomes smoother.
Tencent (00700) and Alibaba-W (09988) received net purchases of HK$376 million and HK$81.16 million respectively. Goldman Sachs released a research report saying that in anticipation of the Internet giants that are about to announce their second-quarter results, the expected key topics include: cloud growth as a highlight, annual capital expenditure increases, trading platform profit inflection points, and increased market attention to the classification plus valuation method.
In addition, Changfei Optical Fiber Cable (06869) and GigaYi Innovation (03986) received net purchases of HK$422 million and HK$315 million respectively, while SMIC (00981) received a net sale of HK$452 million.