Beishui Trends | Beishui traded net sales of 10.621 billion, and OpenAI “exploded” AI hardware stocks were sold off by Beishui

The Zhitong Finance App learned that in the Hong Kong stock market on August 19, Beishui traded net sales of HK$10.621 billion. Among them, Hong Kong Stock Connect (Shanghai) had net sales of HK$3.31 billion and Hong Kong Stock Connect (Shenzhen) had net sales of HK$7.311 billion.

The individual stocks that Beishui Net bought the most were Tencent (00700) and Zhaoyi Innovation (03986). The individual stocks sold the most by Beishui Net were Huahong Hongli (01347), Yingfu Fund (02800), and Jiantao Laminated Board (01888).

Hong Kong Stock Connect (Shanghai) active trading stocks

Hong Kong Stock Connect (Shenzhen) active trading stocks

Tencent (00700) received a net purchase of HK$321 million. “Wanqing WorkBuddy”, which provides AI intelligent office capabilities for Guangdong government affairs systems, was officially released. “Wanqing” is a provincial government intelligence hub platform built in Guangdong. The “Wanqing WorkBuddy” government intelligence application is innovatively developed based on the “Wanqing” platform, which deeply combines the general AI capabilities of Tencent's AI office intelligence WorkBuddy with government scenarios. At present, various departments in Guangdong Province have initiated scenario docking and pilot exploration.

GigaYi Innovation (03986) received a net purchase of HK$137 million. Zhaoyi Innovation announced that in the first half of the year, it achieved operating income of 11.566 billion yuan, an increase of 178.67%; net profit attributable to shareholders of listed companies was 6.857 billion yuan, an increase of 1091.50% year on year; net profit after deducting non-recurring profit and loss was 4.883 billion yuan, an increase of 796.90% year on year. At the same time, net cash flow from operating activities reached 6.048 billion yuan, an increase of 531.47% over the previous year.

China Unicom (00762) had a net sale of HK$267 million. China Unicom achieved revenue of 2014 billion yuan in the first half of the year, up 0.6% year on year; main business revenue of 178 billion yuan, down 0.2% year on year; net profit to mother of 4.1 billion yuan, down 34.8% year on year; total profit of 11.2 billion yuan, down 36.6% year on year. During the reporting period, the company announced that it would not pay an interim dividend for 2026. The company said that due to changes in profits due to value-added tax adjustments and changes in the pace of labor cost investment, the decline in profit will narrow markedly throughout the year.

Changfei Optical Fiber Cable (06869), SMIC (00981), Jiantao Laminate (01888), and Huahong Hongli (01347) were net sold at HK$442 million, HK$511 million, 906 million and HK$2,968 million respectively. OpenAI's second-quarter revenue increased 18% to $6.7 billion, but losses widened further, and the business growth rate lagged behind Anthropic. The generative AI industry is moving from a simple “scale competition” stage to a new stage of “commercial viability and return on investment (ROI) considerations” at an accelerated pace.

Yingfu Fund (02800) had a net sale of HK$1.79 billion. Guoyuan International believes that domestic fundamentals, profit expectations, and incremental capital are becoming more important pricing variables. Therefore, the bank still uses “the index remains volatile, and structural opportunities are the main focus” as the current benchmark situation. The trend rise still needs to wait for improvements in domestic demand and profits, as well as further inflows of southbound and foreign capital.