Core Insights - As of November 11, 101 stocks reached their 52-week highs, with notable performers including Aide New Energy (02623), Lee's Pharmaceutical (02266), and China Shangcheng (02330) [1] Summary by Category 52-Week Highs - Aide New Energy (02623) closed at 4.850, with a peak price of 6.200, achieving a high rate of 13.76% - Lee's Pharmaceutical (02266) closed at 0.395, with a peak price of 0.490, achieving a high rate of 10.11% - China Shangcheng (02330) closed at 0.500, with a peak price of 0.510, achieving a high rate of 9.68% [1] Additional Notable Stocks - China New Retail Supply Chain (03928) reached a high rate of 9.55% - Chongqing Machinery (02722) achieved a high rate of 9.21% - Other stocks with significant high rates include Caike New Energy (01986) at 7.47% and MOS HOUSE (01653) at 6.71% [1] 52-Week Lows - Hengda Group Holdings (03616) reached a low of 0.360, with a low rate of -15.38% - DeTai New Energy Group (00559) reached a low of 0.100, with a low rate of -14.42% - Other notable lows include Jiahe International Holdings (08513) at -9.09% and Leshushi (02698) at -7.58% [3][4]

Market Overview - The Hang Seng Index closed at 26,649, up 1.55% for the day and 32.85% year-to-date[3] - The S&P 500 index closed at 6,832, increasing by 1.54% daily and 16.17% year-to-date[3] - The Nasdaq Composite rose by 2.27% to 23,527, with a year-to-date increase of 21.83%[3] Economic Indicators - China's CPI rose by 0.2% month-on-month and turned positive year-on-year with a 0.2% increase, marking the first rise in six months[9] - Core CPI in China increased by 1.2% year-on-year, continuing a six-month upward trend[9] Sector Performance - Major tech stocks in Hong Kong saw gains, with Tencent, Kuaishou, and Alibaba rising over 2%[9] - New consumption stocks performed strongly, with China Duty Free up over 15%[9] - Gold stocks collectively surged, with companies like Chifeng Jilong Gold and China Silver Group rising over 6%[9] U.S. Government Developments - The U.S. government is expected to end its longest shutdown, with a compromise plan passing a key Senate vote[12] - This development has significantly boosted market risk appetite, leading to gains in major U.S. indices[12] Stock Movements - Nvidia surged by 5.8%, Palantir jumped 8.8%, and Tesla rose by 3.7% following positive market sentiment[12] - Chinese concept stocks also saw a rise, with the Nasdaq Golden Dragon China Index up 2.25%[12]

Core Viewpoint - The Penghua Hong Kong Stock Connect Low Volatility Dividend ETF (159117) has shown a slight increase in its closing price and has a total trading volume of approximately 9.8 million yuan as of November 11, 2023 [1]. Group 1: Fund Overview - The Penghua Hong Kong Stock Connect Low Volatility Dividend ETF was established on September 30, 2025, with an annual management fee of 0.30% and a custody fee of 0.10% [1]. - The fund's performance benchmark is the S&P Hong Kong Stock Connect Low Volatility Dividend Index, adjusted for exchange rates [1]. - As of November 10, 2023, the fund has a total of 175 million shares and a total size of 185 million yuan [1]. Group 2: Fund Management - The current fund managers are Yan Dong and Yu Zhanchang, both of whom have managed the fund since its inception, achieving a return of 5.37% during their tenure [1]. Group 3: Top Holdings - The ETF's top holdings include: - Hang Lung Properties: 1.08% holding, valued at approximately 4.07 million yuan [2]. - Jiangxi Copper: 1.08% holding, valued at approximately 4.06 million yuan [2]. - China Shenhua: 1.05% holding, valued at approximately 3.97 million yuan [2]. - Far East Horizon: 0.99% holding, valued at approximately 3.72 million yuan [2]. - CNOOC: 0.96% holding, valued at approximately 3.62 million yuan [2]. - Sino Land: 0.94% holding, valued at approximately 3.54 million yuan [2]. - China Petroleum: 0.87% holding, valued at approximately 3.29 million yuan [2]. - Hengan International: 0.87% holding, valued at approximately 3.26 million yuan [2]. - Henderson Land: 0.81% holding, valued at approximately 3.05 million yuan [2]. - Bank of China Hong Kong: 0.81% holding, valued at approximately 3.06 million yuan [2].

Group 1 - China National Offshore Oil Corporation (CNOOC) experienced a stock price increase of 2.07% on November 10, with a trading volume of 1.44 billion yuan [1] - On the same day, CNOOC had a financing buy-in amount of 111 million yuan and a financing repayment of 108 million yuan, resulting in a net financing buy of 3.16 million yuan [1] - As of November 10, the total margin balance for CNOOC was 1.402 billion yuan, with a financing balance of 1.395 billion yuan, accounting for 1.61% of the circulating market value, which is below the 10% percentile level over the past year [1] Group 2 - CNOOC, established on August 20, 1999, primarily engages in the exploration, production, and sales of crude oil and natural gas, with operations in China, Canada, the USA, the UK, Nigeria, and Brazil [2] - The company's revenue composition includes 82.73% from oil and gas sales, 14.96% from trading, and 2.31% from other sources [2] - For the period from January to September 2025, CNOOC reported a revenue of 312.5 billion yuan, a year-on-year decrease of 4.15%, and a net profit attributable to shareholders of 101.97 billion yuan, down 12.59% year-on-year [2] Group 3 - CNOOC has distributed a total of 255.995 billion yuan in dividends since its A-share listing, with 179.051 billion yuan distributed over the past three years [3] - As of September 30, 2025, the number of CNOOC shareholders was 216,500, a decrease of 7.02% from the previous period [3] - The top ten circulating shareholders of CNOOC saw a change, with Hong Kong Central Clearing Limited exiting the list [3]

Core Insights - China Duty Free Group (中国中免) made its first appearance on the Hong Kong Stock Connect active trading list in nearly a month, with a trading volume of 1.698 billion HKD and a net sell of 29 million HKD on November 10 [1] - The total trading volume of active stocks on the Hong Kong Stock Connect reached 30.933 billion HKD, accounting for 29.76% of the day's total trading amount, with a net buying amount of 688 million HKD [1] - Alibaba (阿里巴巴-W) led the trading volume with 5.302 billion HKD, followed by SMIC (中芯国际) and Tencent (腾讯控股) with 4.304 billion HKD and 4.019 billion HKD respectively [1] Trading Activity Summary - The active stocks on November 10 included: - Tencent Holdings (00700): 4.019 billion HKD, net sell of 128 million HKD, 20 appearances in the last month, closing price 649.5 HKD, daily increase of 2.44% [1] - SMIC (00981): 4.304 billion HKD, net sell of 217 million HKD, 20 appearances in the last month, closing price 74.7 HKD, daily decrease of 0.99% [1] - Huahong Semiconductor (01347): 1.306 billion HKD, net sell of 198 million HKD, 20 appearances in the last month, closing price 78.1 HKD, daily decrease of 1.70% [1] - Xiaomi Group (01810): 3.256 billion HKD, net buy of 173 million HKD, 20 appearances in the last month, closing price 42.36 HKD, daily increase of 0.28% [1] - Alibaba (09988): 5.302 billion HKD, net sell of 653 million HKD, 20 appearances in the last month, closing price 163.4 HKD, daily increase of 2.06% [1] - Pop Mart (09992): 3.164 billion HKD, net buy of 519 million HKD, 17 appearances in the last month, closing price 221.4 HKD, daily increase of 8.11% [1] - Meituan (03690): 570 million HKD, net sell of 31 million HKD, 13 appearances in the last month, closing price 103.3 HKD, daily increase of 1.27% [1] - CNOOC (00883): 3.742 billion HKD, net buy of 1.313 billion HKD, 13 appearances in the last month, closing price 22.44 HKD, daily increase of 5.95% [1] - China Mobile (00941): 758 million HKD, net sell of 79 million HKD, 7 appearances in the last month, closing price 87.8 HKD, daily increase of 0.75% [1] - Ganfeng Lithium (01772): 1.142 billion HKD, net sell of 74 million HKD, 4 appearances in the last month, closing price 54.0 HKD, daily increase of 2.47% [1] - Sangfor Technologies (01530): 605 million HKD, net sell of 12 million HKD, 3 appearances in the last month, closing price 29.0 HKD, daily increase of 0.62% [1] - Xpeng Motors (09868): 1.067 billion HKD, net buy of 103 million HKD, 3 appearances in the last month, closing price 92.0 HKD, daily increase of 1.21% [1] - China Duty Free Group (01880): 1.698 billion HKD, net sell of 29 million HKD, 1 appearance in the last month, closing price 81.6 HKD, daily increase of 15.34% [1]

Group 1 - The Hang Seng Index rose by 1.55% on November 10, with total southbound trading amounting to HKD 103.94 billion, including buy transactions of HKD 55.30 billion and sell transactions of HKD 48.64 billion, resulting in a net buy of HKD 6.65 billion [1] - The southbound trading through Stock Connect (Shenzhen) totaled HKD 40.91 billion, with buy transactions of HKD 23.20 billion and sell transactions of HKD 17.70 billion, leading to a net buy of HKD 5.50 billion [1] - The southbound trading through Stock Connect (Shanghai) reached HKD 63.04 billion, with buy transactions of HKD 32.09 billion and sell transactions of HKD 30.94 billion, resulting in a net buy of HKD 1.15 billion [1] Group 2 - Among the actively traded stocks, Alibaba-W had the highest transaction amount at HKD 53.02 billion, followed by SMIC and Tencent Holdings with transaction amounts of HKD 43.04 billion and HKD 40.19 billion, respectively [1] - The stock with the highest net buy was China National Offshore Oil Corporation, with a net buy of HKD 13.13 billion, closing with a price increase of 5.95% [1] - Other notable net buys included Pop Mart with HKD 5.19 billion and Xiaomi Group-W with HKD 1.73 billion [1] Group 3 - Continuous net buying was observed for Xiaomi Group-W and XPeng Motors, with net buying days of 9 and 3 days, respectively, and total net buying amounts of HKD 53.68 billion and HKD 16.80 billion [2] - The stocks with the highest net sell amounts included Alibaba-W and Meituan-W, with net sell amounts of HKD 13.23 billion and HKD 2.45 billion, respectively [2] - The trading data for November 10 shows that China National Offshore Oil Corporation, Pop Mart, and Xiaomi Group-W were among the top stocks in terms of net buy and price increase [2]

Market Overview - On November 10, the Hang Seng Index rose by 1.55%, closing at 26,649.06 points, with a total net inflow of HKD 6.654 billion through the southbound trading channel [1] - The total trading volume for the southbound trading was HKD 103.941 billion, with a net buying amount of HKD 6.654 billion [1] Southbound Trading Details - The Shanghai Stock Exchange's southbound trading had a total transaction amount of HKD 63.035 billion, with a net buying of HKD 1.152 billion [1] - The Shenzhen Stock Exchange's southbound trading recorded a transaction amount of HKD 40.906 billion, with a net buying of HKD 5.502 billion [1] Active Stocks - In the Shanghai Stock Exchange's southbound trading, Alibaba-W had the highest transaction amount of HKD 30.14 billion, followed by SMIC and Tencent Holdings with transaction amounts of HKD 25.38 billion and HKD 23.94 billion, respectively [1] - In terms of net buying, China National Offshore Oil Corporation (CNOOC) led with a net buying amount of HKD 564 million, with its stock price increasing by 5.95% [1] - Alibaba-W recorded the highest net selling amount of HKD 748 million, while its stock price rose by 2.06% [1] Shenzhen Stock Exchange Active Stocks - In the Shenzhen Stock Exchange's southbound trading, Alibaba-W also topped the transaction amount with HKD 22.88 billion, followed by SMIC and CNOOC with transaction amounts of HKD 17.66 billion and HKD 16.28 billion, respectively [2] - CNOOC had the highest net buying amount of HKD 750 million, with its stock price increasing by 5.95% [2] - SMIC recorded the highest net selling amount of HKD 12.6 million, with its stock price declining by 0.99% [2]

Group 1 - Southbound funds recorded a net purchase of 6.654 billion HKD [1] - China National Offshore Oil Corporation (CNOOC) received a net purchase of 1.313 billion HKD [1] - Pop Mart and Xiaomi Group-W saw net purchases of 519 million HKD and 173 million HKD respectively [1] Group 2 - Alibaba-W experienced the highest net sell-off, amounting to 653 million HKD [1]

Group 1: Investment Trends - Net purchases included China National Offshore Oil Corporation (CNOOC) at 1.313 billion, Pop Mart at 518 million, Xiaomi Group at 173 million, and Xpeng Motors at 103 million, while net sales included Alibaba at 653 million, SMIC at 217 million, Hua Hong Semiconductor at 197 million, and Tencent Holdings at 127 million [1][3] - Southbound funds have continuously net purchased Xiaomi for 9 days, totaling 5.36835 billion HKD, and Xpeng Motors for 3 days, totaling 1.68038 billion HKD, while net selling Alibaba for 3 days, totaling 1.32284 billion HKD [3] Group 2: Oil Industry Insights - Starting from November 10, domestic retail prices for gasoline and diesel will increase by 125 and 120 yuan per ton, respectively, with an average increase of 0.10 yuan per liter for 92, 95 gasoline, and 0 diesel [5] - Predictions indicate a significant increase in inventory from 2025 to 2026 due to strong supply growth from non-OPEC countries and moderate demand expectations, alongside ongoing supply disruption risks and inconsistent compliance from OPEC+ [5] Group 3: Company Performance and Forecasts - Huachuang Securities maintains a "strong buy" rating for Pop Mart, raising profit forecasts for 2025-2027 to 12.32 billion, 16.93 billion, and 21.09 billion yuan, with a target price of 345.39 HKD, driven by new product launches and strong online growth [6] - Xpeng Motors announced four key applications related to physical AI, with Bank of America adjusting sales forecasts for 2025-2027 upwards by 0.2% each year, reflecting positive sales trends [6] - China Duty Free Group benefits from ongoing domestic demand policies, with CPI rising 0.2% month-on-month and year-on-year, indicating a shift from decline to growth, supported by fiscal measures to stimulate consumption [7]

Group 1 - China National Offshore Oil Corporation (CNOOC) experienced a stock price increase of 0.53% on November 7, with a trading volume of 777 million yuan [1] - On the same day, CNOOC had a financing buy-in amount of 87.02 million yuan and a financing repayment of 76.33 million yuan, resulting in a net financing buy of 10.68 million yuan [1] - As of November 7, the total financing and securities lending balance for CNOOC was 1.398 billion yuan, with the financing balance at 1.392 billion yuan, accounting for 1.64% of the circulating market value, which is below the 10% percentile level over the past year [1] Group 2 - CNOOC, established on August 20, 1999, primarily engages in the exploration, production, and sales of crude oil and natural gas, with operations in China, Canada, the USA, the UK, Nigeria, and Brazil [2] - The company's revenue composition includes 82.73% from oil and gas sales, 14.96% from trading, and 2.31% from other activities [2] - For the period from January to September 2025, CNOOC reported operating revenue of 312.50 billion yuan, a year-on-year decrease of 4.15%, and a net profit attributable to shareholders of 101.97 billion yuan, down 12.59% year-on-year [2] Group 3 - CNOOC has distributed a total of 255.99 billion yuan in dividends since its A-share listing, with 179.05 billion yuan distributed over the past three years [3] - As of September 30, 2025, the number of CNOOC shareholders was 216,500, a decrease of 7.02% from the previous period [3] - The largest circulating shareholder, Hong Kong Central Clearing Limited, has exited the top ten list of shareholders [3]