Beishui trends | Beishui made a net purchase of 3,654 billion yuan, and the financial sector raised a large financial sector to increase positions of China Ping An (02318) by nearly HK$1.2 billion throughout the day

The Zhitong Finance App learned that on December 15, the Hong Kong Stock Exchange had a net purchase of HK$3,654 billion, of which Hong Kong Stock Connect (Shanghai) had a net purchase of HK$489 million, and the Hong Kong Stock Connect (Shenzhen) transaction had a net purchase of HK$3.166 billion.

The individual stocks that Beishuijing bought the most were Xiaomi Group-W (01810), Ping An of China (02318), and Meituan-W (03690). The individual stocks sold the most by Beishui Net were Tencent (00700), Huahong Semiconductor (01347), and China Mobile (00941).

Hong Kong Stock Connect (Shanghai) active trading stocks

Hong Kong Stock Connect (Shenzhen) active trading stocks

Xiaomi Group-W (01810) received a net purchase of HK$1,381 billion. According to the news, the first phase of the Wuhan Xiaomi Smart Home Appliance Factory, the first phase of Xiaomi's major appliance factory, was officially completed and put into operation. The factory is another key milestone in Xiaomi's home appliance strategy. It is the third large-scale intelligent manufacturing base under Xiaomi's “Full Ecosystem for People and Cars” strategy after Xiaomi's smart phone factory and automobile gigafactory.

Beishui raised large financial sectors, and China Ping An (02318), China Life Insurance (02628), and China Construction Bank (00939) received net purchases of HK$1,189 million, $350 million, and HK$104 million respectively. According to the news, domestic and foreign seller agencies such as Morgan Stanley, CITIC Securities, etc. have successively released research reports and are optimistic about insurance stocks such as Ping An of China. Furthermore, the State Financial Supervisory Administration recently lowered risk factors related to insurance companies' business, freeing up more long-term investment capital for insurers. Meanwhile, bank stocks have ushered in a wave of mid-term dividends, and the six major banks will collectively distribute more than 200 billion yuan in cash dividends.

Alibaba-W (09988) received a net purchase of HK$304 million. According to the news, the Science and Technology Innovation Board Daily recently reported that Meta uses Ali Qianwen to optimize its latest AI model. Also, on December 10, Alibaba Cloud officially released the Function Compute AgentRun. According to reports, this is a one-stop Agentic AI infrastructure platform.

Kuaishou-W (01024) received a net purchase of HK$7,903. According to the news, DahuajiXian reported that Kuaishou Keling AI's revenue contribution in 2026 is expected to be higher than expected because it still focuses on user growth rather than profitability. The bank believes that Kuaishou's strong performance in monetization progress will form a moat in a competitive environment. Maintain Kuaishou's “buy” rating.

SMIC (00981) and Huahong Semiconductor (01347) received net sales of HK$434 million and HK$555 million respectively. According to the news, Trump said he will allow Nvidia to sell H200 chips to approved Chinese customers and hand over 25% of sales revenue to the US government, and that this model may be extended to US chip manufacturers such as AMD and Intel in the future. Open Source Securities believes that H200 entry will increase the computing power supply to domestic manufacturers, while Nvidia's supply chain is expected to benefit. However, in the long run, domestic substitution and autonomy and control are still the main lines.

In addition, Meituan-W (03690) and Changfei Optical Cable (06869) received net purchases of HK$547 million and HK$177 million respectively. Meanwhile, Tencent (00700), China Mobile (00941), and CNOOC (00883).