Beishui Trends | Beishui's net purchase of 6.128 billion yuan, locked in orders, strong performance, Beishui added a warehouse of Xiaomi (01810) over HK$500 million
The Zhitong Finance App learned that on September 8, in the Hong Kong stock market, Beishui traded a net purchase of HK$6.128 billion. Among them, Hong Kong Stock Connect (Shanghai) had net purchases of HK$3.457 billion and Hong Kong Stock Connect (Shenzhen) had net purchases of HK$2,671 billion.
The individual stocks that Beishui Net bought the most were Changfei Optical Fiber Cable (06869), Alibaba-W (09988), and Xiaomia-W (01810). The most sold individual stock by Beishui Net is SMIC (00981).
Hong Kong Stock Connect (Shanghai) active trading stocks
Hong Kong Stock Connect (Shenzhen) active trading stocks
Changfei Optical Fiber Cable (06869) and Cambridge Technology (06166) received net purchases of HK$654 million and HK$2.03 million respectively. The Ministry of Industry and Information Technology issued the “Fifteenth Five-Year Plan for the Development of the Information and Communications Industry”. Among them, it was mentioned that the construction of computing power transmission channels will be promoted, high-speed transmission technology of 400G and above will be deployed, direct optical fiber links will be built, and 100G optical network equipment will sink. In addition, Goldman Sachs expects the global optical module market to reach approximately US$67.7 billion, US$131.4 billion and US$148.5 billion, respectively, from 2026 to 2028, up 33%, 81%, and 115% from the previous forecast.
Alibaba-W (09988) received a net purchase of HK$627 million. Ali released QoderWake 1.0, a digital employee product. According to the introduction, when users describe job requirements in one sentence, QoDerWake can generate a character document. After users modify, configure, and confirm, they can generate a digital employee who understands information such as job responsibilities, collaborative relationships, and work rights. Currently, QoderWake has built-in 10 positions, including front-end, back-end, product manager, content operator, data analyst, project manager, and UI designer.
Xiaomi Group-W (01810) received a net purchase of HK$559 million. Morgan Stanley pointed out that at the fall press conference, the Xiaomi Group officially launched Pengcheng and recorded a strong flow of new orders. Customer feedback was very strong, and the number of locked orders had exceeded 10,000 units within 4 minutes of release. Pengcheng is very hopeful for success, and it is expected that a strong flow of new orders will drive Xiaomi's electric vehicle shipments in the coming months. The bank reaffirmed its “Overweight” rating, with a target price of HK$33.
Jiantao Laminate (01888) received a net purchase of 398 million yuan. Jiantao Laminate recently issued the 7th price increase letter to customers during the year: FR-4 copper-clad plate increased the uniform price by 10%, and the maximum price increase of PP semi-cured sheets was 20%. Since March of this year, Jiantao has basically maintained a “monthly increase” rhythm. FR-4 copper clad plate alone has accumulated a cumulative increase of more than 100% based on compound interest. Leading price increases quickly attracted peers to follow up. Panasonic announced an increase in the price of copper clad plates starting September 1, with an increase of up to 30% for some products. South Asia Plastics followed suit at the same time, with an increase of 20% to 25%.
CNOOC (00883) received a net purchase of HK$198 million. In addition to the situation in the US and Iran, the situation in Saudi Arabia and Yemen has also been rapidly heating up recently. Since September, the price of crude oil futures in Shanghai has exceeded 100 US dollars/barrel, and the price difference with Brent crude oil has narrowed sharply from the lowest price of -20 US dollars in April and turned to a positive premium, indicating that the procurement behavior of Chinese refineries has changed from “watching and shrinking” to “actively grabbing goods.” According to reports, as the world's largest importer of crude oil, China is actively snapping up alternative sources in markets such as Africa, Canada, and Latin America.
Tencent (00700) received a net purchase of HK$48.7 million. According to HSBC's latest research report, Tencent's chief strategy officer revealed during the investor roadshow conference call that the company prepaid more than 50 billion yuan in the second quarter to lock in existing and next-generation memory chips. At the same time, it was revealed that Harness's monetization potential was highlighted. The estimated gross margin of paying users was at the same level as the MaaS business, and the token consumption rate of paid users was more than double that of free users.
In addition, GigaYi Innovation (03986) received a net purchase of HK$9.15 million, while SMIC (00981) received a net sale of HK$662 million.