On February 10, in the Hong Kong stock market, Beishui sold a net 60 million, including a net sale of HK $1.138 billion through Hong Kong stock connect (Shanghai) and a net purchase of HK $1.078 billion through Hong Kong stock connect (Shenzhen).
The largest number of stocks purchased by Bei Shui Jing are Kwai Ming Biology (02269), Xiaopeng car -W (09868) and fast hand -W (01024). Beishuijing sold the most stocks are China Mobile (00941), Tencent (00700), China Construction Bank Corporation(601939) (00939).
Top 10 active trading stocks of Hong Kong stock connect (Shanghai)
Top 10 active trading stocks of Hong Kong stock connect (Shenzhen)
Yaoming Biology (02269) received a net purchase of HK $432 million. On the news side, Yaoming biotechnology announced that the company noted that the Bureau of industry and security of the U.S. Department of Commerce had included two subsidiaries, Wuxi Yaoming Biotechnology Co., Ltd. and Shanghai Yaoming Biotechnology Co., Ltd. in the unverified list. Goldman Sachs released a research report that it maintained the “buy” rating of YaoMing biology, with a target price of HK $178.6 and included in the “sure buy” list. The bank believes that the unverified list mainly affects the production facilities in Shanghai and Wuxi, while other production facilities such as Chengdu, Shijiazhuang, Hangzhou, the United States and Ireland are not affected and restricted. It is worth noting that Wuxi Apptec Co.Ltd(603259) (02359), which also belongs to the CXO sector, received a net purchase of HK $151 million.
Xiaopeng auto-w (09868) received a net purchase of HK $307 million. In terms of news, on February 9, the Shenzhen Stock Exchange announced that according to the relevant provisions of the measures for the implementation of Shenzhen Hong Kong stock connect of Shenzhen Stock Exchange, Xiaopeng automobile was included in the list of Hong Kong stocks under Shenzhen Hong Kong stock connect, which officially took effect from February 9. In addition, Citic Securities Company Limited(600030) believes that at present, the three new forces are in the acceleration period of profitability improvement, and their large R & D investment still leads to their strategic losses in the short term, but their rising gross profit of single vehicle has shown their ability to approach the breakeven point in the future. Innovatively proposed to use the valuation method of “market value / gross profit” to conduct comparable valuation for auto enterprises. At present, the three new forces all have very high valuation cost performance.
China Shenhua Energy Company Limited(601088) (01088) received a net purchase of HK $256 million. In terms of news, Minsheng securities released a research report that the fixed asset investment in the coal industry continues to maintain a low level. At the same time, under the background of “carbon peak and carbon neutralization”, the new capacity has remained low in recent years and the release of stock capacity is limited in the future. Looking forward to 2022, real estate infrastructure investment is expected to improve under steady growth, and the demand elasticity of building materials, steel and coal chemical industry is expected to increase. The bank expects that there will still be a supply gap in the coal market in 2022, and the overall price trend is dominated by seasonal fluctuations.
COFCO Jiakang (01610) received a net purchase of HK $12.45 million. On the news, the national development and Reform Commission said that the national average pig grain price entered the secondary warning range of excessive decline. The national development and Reform Commission will work with relevant departments to start the collection and storage of pork reserves as appropriate, and guide local governments to carry out the collection and storage according to regulations.
Tencent (00700) was sold a further HK $749 million. In terms of news, Nomura published a research report that Tencent Holdings’ performance in the fourth quarter of last year may be slightly lower than market expectations. Due to the weak online advertising revenue, the total revenue in the fourth quarter is expected to increase by 8% year-on-year; Due to the increase in operating expenses, the adjusted operating profit margin is expected to fall by 4.5 percentage points to 21% year-on-year; Adjusted earnings per share will fall 10% year-on-year to 3.08 yuan, about 1% lower than market expectations. The bank maintained its “buy” rating and target price of HK $586.
China Mobile (00941) was sold a net HK $1134 million. On the news front, China Mobile announced that the exercise period of the over allotment option for the issuance of RMB shares had expired on February 7, 2022. The company issued about 57.0679 million RMB shares based on the initial issuance of about 846 million RMB shares, accounting for about 6.75% of the initial issuance of RMB shares. It is worth noting that China International Capital Corporation Limited(601995) used the funds obtained from the over allotment of this issuance to buy a total of 69.78 million A-Shares of China Mobile from the secondary market by competitive trading, corresponding to 4.018 billion yuan, and the purchase price was 57.58 yuan / share.
In addition, CNOOC (00883) and sunny optics (02382) received net purchases of HK $194 million and HK $32.96 million respectively. The net sales of China Construction Bank Corporation(601939) (00939) and China Resources Power (00836) were HK $303 million and HK $13.98 million respectively.
