On February 18, in the Hong Kong stock market, Beishui sold a net 3.149 billion, of which HK $3.049 billion was sold through Hong Kong stock connect (Shanghai) and HK $100 million was sold through Hong Kong stock connect (Shenzhen).
Beishuijing bought the most stocks are CNOOC (00883), China Mobile (00941) and Yaoming Biology (02269). The most sold stocks of beishuijing are Tencent (00700), Industrial And Commercial Bank Of China Limited(601398) (01398), China Pacific Insurance (Group) Co.Ltd(601601) (02601).
Top 10 active trading stocks of Hong Kong stock connect (Shanghai)
Top 10 active trading stocks of Hong Kong stock connect (Shenzhen)
CNOOC (00883) received a net purchase of HK $223 million. On the news front, the spot price of North Sea Brent crude oil in the UK market reached US $100.8 a barrel on the 16th, breaking 100 for the first time since 2014, according to Platts energy information. In addition, analysts from Esai, an industry consultancy, believe that global crude oil demand will exceed 100 million barrels per day in the summer of 2022.
China Mobile (00941) received a net purchase of HK $166 million. In terms of news, the national development and Reform Commission and other 12 ministries and commissions issued a number of policies to promote the steady growth of the industrial economy, and put forward specific policies on taxes and fees, credit, supply and price stability, foreign trade and other aspects. It is mentioned that we will accelerate the construction of major new infrastructure projects, guide telecom operators to accelerate the progress of 5g construction, support industrial enterprises to accelerate digital transformation and upgrading, and promote the digital transformation of manufacturing industry.
Yaoming Biology (02269) received another net purchase of HK $136 million. On the news side, Soochow Securities Co.Ltd(601555) released a research report that CXO leading peg has returned to about 1, and the sector is at the bottom of the valuation. The bank said that China’s leading CXO company has cooperated with leading pharmaceutical companies in the United States for many years and has undertaken a large number of covid-19 drug orders. If American pharmaceutical companies replace CXO service providers, they will face a situation of high cost and high risk. In addition, the listing of YaoMing biology in UVL has a very limited impact on the company and industry, and it is expected to be removed from the list in the next few months. It is worth noting that Beishui capital has increased its holdings of YaoMing biology for seven consecutive days, with a cumulative net purchase of more than HK $2.8 billion.
Country garden services (06098) received a net purchase of HK $61.03 million. In terms of news, country garden service recently announced that country garden property Hong Kong plans to acquire a total of about 93.76% equity of Zhongliang Baiyue Zhijia Service Co., Ltd. After the acquisition, Zhongliang Baiyue Zhijia will become a wholly-owned subsidiary of country garden services, and the transaction price has not been disclosed yet. Country Garden Services said that the above acquisition will supplement the business of the group, help the group strengthen its brand influence in medium and high-end residential property management and expand the potential of community value-added services; Moreover, the projects of the group, the target company and its subsidiaries have a high degree of overlap in business areas, which is conducive to integrating the advantages of both sides in business overlap areas in the future, reducing operating costs and improving profitability.
Kwai -W (01024) was net purchase of HK $18 million 420 thousand. On the news, Questmobile latest data show that during the Spring Festival, the speed of the Kwai Kwai version and the fast hand average daily use time are 105.8 minutes and 106.3 minutes respectively, the growth time is TOP2, TOP3. per person per day. Special purchases for the Spring Festival Kwai Chung business increased by 84%+ over the Spring Festival period from January 1st to February 3rd, while GMV grew 121% year-on-year. In response, Sealand Securities Co.Ltd(000750) said it expects the overall size and duration of Kwai’s users to be further improved. Meanwhile, the sales cost rate in the coming quarters is expected to gradually decline and maintain the “recommended” rating.
China Pacific Insurance (Group) Co.Ltd(601601) (02601) was sold net of HK $224 million. On the news side, Credit Suisse released a research report saying that it rated China Pacific Insurance (Group) Co.Ltd(601601) as “outperforming the market”, and the target price was reduced from HK $33 to HK $31. According to the report, China Pacific Insurance (Group) Co.Ltd(601601) plans to announce the results of fiscal year 2021 on March 27. The bank predicts that the value of its new business fell by 22% last year and expanded to 44% in the second half of the year, mainly due to weak agency premium income (down 26% in the fourth quarter) and shrinking profit margin. As for the company’s life insurance premium in January this year, it is expected that the first year’s regular premium income of the agent will fall by 30% year-on-year. However, the bank believes that the year-on-year decline in sales of CPIC’s new business will begin or narrow in March.
Tencent (00700) was sold a further HK $1.519 billion. On the news front, Xiaomo released a research report saying that it rated Tencent holdings as “overweight” and lowered this year’s earnings forecast to reflect recent adverse factors. The adjusted earnings per share forecast for the fourth quarter of 2021 and 2022 were lowered by 7% and 4% respectively. It is expected that the adjusted earnings per share in the fourth quarter of 2021 will fall by 12% year-on-year and another 7% in the first quarter of 2022. The adjusted earnings per share forecast for 2022 is 10% lower than the market expectation, and the target price is reduced from HK $618 to HK $570. In addition, the China Banking and Insurance Regulatory Commission issued a warning against the risk of illegal fund-raising in the name of “yuanuniverse”.
Coal stocks were sold by Beishui, China Shenhua Energy Company Limited(601088) (01088) and Yankuang energy (01171) were net sold by HK $61.67 million and HK $40.55 million respectively. The net sales of Industrial And Commercial Bank Of China Limited(601398) (01398) and hope Education (01765) were HK $322 million and HK $29.13 million respectively.
