Trends in Beishui | Beishui made a net purchase of 4,093 billion yuan, and continued to sell gold stocks throughout the day

The Zhitong Finance App learned that on September 2, in the Hong Kong stock market, Beishui traded a net purchase of HK$4,093 billion. Among them, the Hong Kong Stock Connect (Shanghai) transaction had a net purchase of HK$5.763 billion, and the Hong Kong Stock Connect (Shenzhen) transaction had a net sale of HK$1.67 billion.

The individual stocks that Beishui Net bought the most were AIA (01299), Zhongji Innosun (03308), and Tencent (00700). The individual stocks sold the most by Beishui Net were Alibaba-W (09988), Huahong Hongli (01347), and SMIC (00981).

Hong Kong Stock Connect (Shanghai) active trading stocks

Hong Kong Stock Connect (Shenzhen) active trading stocks

AIA (01299) received a net purchase of HK$965 million. According to a research report, AIA's new business value increased by 0.4% year-on-year in the first half of the year, and operating profit after tax exceeded expectations by 4.1%. The bank raised the company's earnings per share estimate for fiscal year 2026 by 3.5%, and also raised its new business value forecast by 0.7%.

Zhongji Innox (03308) received a net purchase of HK$451 million. Zhongji Xuchuang announced that it plans to repurchase some A-shares. The total repurchase capital is not less than 4 billion yuan, not more than 8 billion yuan. The repurchase price is no more than 1,200 yuan/share. Shares will be repurchased for equity incentives or employee stock ownership plans. Based on the maximum repurchase amount, it is estimated that approximately 6.6667 million shares will be repurchased, accounting for 0.57% of the total share capital.

Tencent (00700) received a net purchase of HK$336 million. At the Tencent WorkBuddy ecosystem press conference, Tencent WorkBuddy announced the official launch of the open platform, introducing more than 100 ecosystem partners in the first batch to open up low-level agent capabilities to smart hardware, industry applications, and developers.

MINIMAX-W (00100) and Smart Spectrum (02513) received net purchases of HK$335 million and HK$317 million respectively. Anthropic plans to open a public prospectus after September 7. The IPO will be carried out as soon as the end of September to the beginning of October. The target valuation is 1.5 trillion to 2 trillion US dollars, and it is expected to become the largest IPO in history. If Anthropic is listed at a valuation of 2 trillion US dollars, it may systematically raise the valuation center of global models/domestic big models, bringing potential valuation repair expectations.

Beishui reduced its holdings of gold shares, and Shandong Gold (01787), Zijin Mining (02899), and China Gold International (02099) were net sold at HK$81.87 million, $156 million, and HK$255 million respectively. The current geopolitical crisis continues to affect inflation expectations. The US launched a new round of air strikes on targets in Iran on Tuesday. Iran then launched a retaliatory attack. The US-Iran conflict broke out for the second time in just three days. Under pressure from the sell-off of global bonds, the strengthening of the US dollar, and the sharp rise in oil prices, the price of gold fell sharply. This morning it fell below 4,300 US dollars, down more than 8% from last week's high of close to 4,700 US dollars.

Alibaba-W (09988) had a net sale of HK$764 million. Alibaba previously announced the placement of new shares, with a total placement amount of HK$80 billion. This is the first time Alibaba has initiated an IPO since the Hong Kong stock listing in 2019. 100% of the net proceeds from this placement will be used to invest in full-stack AI capabilities, strengthen AI infrastructure construction, and further consolidate Ali's leading position in the AI field.

In addition, Changfei Optical Fiber Cable (06869) and Meituan-W (03690) received net purchases of HK$287 million and HK$98.72 million respectively. Meanwhile, Huahong Hongli (01347), SMIC (00981), and Jiantao Laminate (01888) were net sold at HK$404 million, $262 million, and HK$155 million respectively.