Core Viewpoint - The Hang Seng Index rose by 1.38% on January 6, closing at 26,710.45 points, with a net inflow of HKD 2.879 billion through the southbound trading channel [1]. Group 1: Market Activity - The total trading volume for the southbound trading on January 6 was HKD 133.353 billion, with a net buying amount of HKD 2.879 billion [1]. - The Shanghai Stock Exchange's southbound trading had a total transaction amount of HKD 81.029 billion, with a net buying of HKD 0.975 billion, while the Shenzhen Stock Exchange had a transaction amount of HKD 52.324 billion and a net buying of HKD 1.903 billion [1]. Group 2: Active Stocks - In the Shanghai Stock Exchange's southbound trading, Alibaba-W had the highest transaction amount of HKD 50.49 billion, followed by SMIC and Tencent Holdings with transaction amounts of HKD 44.27 billion and HKD 41.10 billion, respectively [1]. - Alibaba-W recorded a net buying amount of HKD 20.61 billion, despite a closing price drop of 1.31% [1]. - China Mobile had the highest net selling amount of HKD 8.75 billion, with a closing price decrease of 0.12% [1]. Group 3: Shenzhen Stock Exchange Activity - In the Shenzhen Stock Exchange's southbound trading, Alibaba-W also led with a transaction amount of HKD 43.74 billion, followed by Tencent Holdings and SMIC with HKD 28.76 billion and HKD 20.96 billion, respectively [2]. - The highest net buying stock was Ping An Insurance, with a net buying amount of HKD 10.81 billion, and it closed up by 4.96% [2]. - Tencent Holdings experienced the highest net selling amount of HKD 8.15 billion, while its closing price increased by 1.28% [2].

Group 1 - The Hang Seng Index rose by 1.38% on January 6, with southbound trading totaling HKD 133.35 billion, including HKD 68.12 billion in buying and HKD 65.24 billion in selling, resulting in a net buying amount of HKD 2.88 billion [1] - The southbound trading through Stock Connect (Shenzhen) had a total trading amount of HKD 52.32 billion, with net buying of HKD 1.90 billion, while the trading through Stock Connect (Shanghai) totaled HKD 81.03 billion, with net buying of HKD 0.98 billion [1] - Active stocks in southbound trading included Alibaba-W with a total trading amount of HKD 94.23 billion, Tencent Holdings with HKD 69.86 billion, and SMIC with HKD 65.23 billion [1] Group 2 - Among the stocks, China Ping An had a net buying amount of HKD 18.40 billion, closing with a price increase of 4.96%, while Alibaba-W had a net buying of HKD 16.19 billion [2] - Xiaomi Group-W, SMIC, and Alibaba-W were among the stocks with the highest consecutive net buying days, with 4 days for Xiaomi Group-W and SMIC, and 3 days for Alibaba-W [2] - The total trading amount for China Ping An was HKD 32.79 billion, with a net buying of HKD 18.40 billion, while Tencent Holdings had a total trading amount of HKD 69.86 billion with a net selling of HKD 8.04 billion [2]

Core Insights - On January 6, 2026, Alibaba-W (09988), SMIC (00981), and Tencent Holdings (00700) were the top three stocks by trading volume in the Southbound Stock Connect, with trading amounts of 5.049 billion, 4.427 billion, and 4.110 billion respectively [1] - In the Southbound Stock Connect for the Shenzhen-Hong Kong Stock Connect, Alibaba-W (09988), Tencent Holdings (00700), and SMIC (00981) also ranked as the top three, with trading amounts of 4.374 billion, 2.876 billion, and 2.096 billion respectively [1] Southbound Stock Connect Trading Activity - **Top Active Companies in Southbound Stock Connect (Shanghai-Hong Kong)** - Alibaba-W (09988): Trading amount of 5.049 billion, net buying of +2.061 billion [2] - SMIC (00981): Trading amount of 4.427 billion, net selling of -0.240 billion [2] - Tencent Holdings (00700): Trading amount of 4.110 billion, net buying of +11.255 million [2] - Xiaomi Group-W (01810): Trading amount of 2.244 billion, net buying of +0.485 billion [2] - China Ping An (02318): Trading amount of 1.693 billion, net buying of +0.760 billion [2] - **Top Active Companies in Southbound Stock Connect (Shenzhen-Hong Kong)** - Alibaba-W (09988): Trading amount of 4.374 billion, net selling of -0.442 billion [2] - Tencent Holdings (00700): Trading amount of 2.876 billion, net selling of -0.815 billion [2] - SMIC (00981): Trading amount of 2.096 billion, net buying of +0.262 billion [2] - Xiaomi Group-W (01810): Trading amount of 1.644 billion, net buying of +11.316 million [2] - China Ping An (02318): Trading amount of 1.586 billion, net buying of +1.081 billion [2]

Group 1 - The core viewpoint of the news is that China National Offshore Oil Corporation (CNOOC) experienced a decline in stock price and trading volume, indicating a potential shift in investor sentiment [1] - On January 5, CNOOC's stock fell by 3.78%, with a trading volume of 2.731 billion yuan, and a net financing purchase of 143 million yuan [1] - As of January 5, the total margin balance for CNOOC was 1.738 billion yuan, with the financing balance accounting for 1.99% of the circulating market value, which is below the 50th percentile level over the past year [1] Group 2 - CNOOC was established on August 20, 1999, and listed on April 21, 2022, primarily engaged in the exploration, production, and sales of crude oil and natural gas [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 a revenue of 312.503 billion yuan, a year-on-year decrease of 4.15%, and a net profit attributable to shareholders of 101.971 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 shareholders for CNOOC 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]

中化新网讯 1月2日，中国海油对外宣布，我国海上最大气田"深海一号"近期完成投产以来的第100船原 油外输工作，2025年气田油气总产量突破450万吨油当量。 "自2021年投产以来，经过4年多的持续探索，'深海一号'作业团队自主建立起一套超深水气田生产运维 完整技术体系。"中国海油陵水—崖城作业公司总经理李劲松表示，"深海一号"能源站的原油外输作业 用时从最初的18小时，缩短到现在的8小时以内。 图为穿梭油轮正与"深海一号"能源站对接输油。(徐海舟 摄) "深海一号"气田是我国迄今为止自主开发的作业水深最深、地层温压最高、勘探开发难度最大、天然气 产能最大的海上气田，最大作业水深超1500米，地层最高温度达到138摄氏度，天然气探明地质储量超 1500亿立方米。目前，"深海一号"每天产出1500万立方米的天然气和超过1600吨的凝析油，部分凝析油 被分别存储于平台四根立柱的储油舱中，达到一定规模后通过穿梭油轮进行外输。 ...

Group 1: Company Overview - China National Offshore Oil Corporation (CNOOC) is primarily engaged 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] - CNOOC was established on August 20, 1999, and was listed on April 21, 2022 [2] Group 2: Financial Performance - 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] - 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] Group 3: Stock Performance and Market Activity - As of January 6, CNOOC's stock price increased by 2.03% to 29.63 yuan per share, with a trading volume of 905 million yuan and a turnover rate of 1.04%, resulting in a total market capitalization of 1,408.313 billion yuan [1] - Year-to-date, CNOOC's stock price has decreased by 1.82%, but it has seen a 4.66% increase over the last five trading days, a 2.38% increase over the last 20 days, and a 13.51% increase over the last 60 days [1] - The net inflow of main funds was 20.8517 million yuan, with large orders accounting for 23.16% of purchases and 21.54% of sales [1]

Core Insights - In December 2025, the average price of Brent crude oil futures was $61.6 per barrel, a decrease of $2.0 per barrel month-on-month, with a month-end price of $60.9 per barrel. WTI crude oil futures averaged $57.9 per barrel, down $1.6 per barrel month-on-month, closing at $57.4 per barrel [1] - OPEC+ plans to completely exit a voluntary production cut of 2.2 million barrels per day from April to September 2025, and on September 7, 2025, it was decided to lift the voluntary production cut agreement of 1.66 million barrels per day reached in April 2023 within 12 months [1] Supply Side - OPEC+ announced a pause in production increases for the first quarter of 2026 due to seasonal reasons, despite plans to increase production by 137,000 barrels per day from October to December 2025 [1] - The IEA indicated that there would be a significant oversupply in the oil market next year, contributing to price fluctuations [1] Demand Side - Major international energy agencies project an increase in global oil demand of 830,000 to 1.3 million barrels per day in 2025, with demand estimates from OPEC, IEA, and EIA for 2025 being 105.14, 103.85, and 103.94 million barrels per day respectively, reflecting increases of 130, 83, and 114 thousand barrels per day compared to 2024 [2] - For 2026, oil demand is expected to grow by 860,000 to 1.38 million barrels per day, with estimates of 106.52, 104.71, and 105.17 million barrels per day from the same agencies [2] Industry Outlook - The Chinese petrochemical industry is facing an overall surplus in refining capacity, with a focus on optimizing supply-side dynamics through strict control of new refining capacity and a scientific approach to the release of new ethylene and paraxylene capacities [3] - The expected price range for Brent crude oil in 2026 is projected to be between $55 and $65 per barrel, while WTI crude oil is expected to range from $52 to $62 per barrel, influenced by high fiscal balance oil price costs from OPEC+ and elevated new well costs in U.S. shale oil [3] - Recommended stocks include China National Offshore Oil Corporation, China Petroleum, Satellite Chemical, and CNOOC Development [3]

中国海洋石油有限公司是一家主要从事原油和天然气勘探、开发、生产及销售的中国公司。该公司通过三个分部开展业务。勘探及生产分部从事 上游石油业务，主要包括常规油气业务，页岩油气业务，油砂业务和其他非常规油气业务。贸易业务分部从事原油贸易业务，主要包括石油产品 分成合同下销售归属于外国合作方的原油及天然气以及第三方原油贸易业务。公司业务分部从事总部管理、资金管理,以及研究开发等业务。该公 司主要在国内及海外市场开展业务。 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成投资建议。 证券之星消息，1月5日南向资金增持2601.85万股中国海洋石油（00883.HK）。近5个交易日中，获南向资金增持的有3天，累计净增持3234.11万 股。近20个交易日中，获南向资金减持的有11天，累计净减持2210.98万股。截至目前，南向资金持有中国海洋石油（00883.HK）102.29亿股，占 公司已发行普通股的21.52%。 | 交易日 | 持股总数(股) | 持股变动(股) | 变动幅度 | | --- | --- | --- | --- | | 2026-0 ...

1月5日上榜港股通成交活跃榜个股中，南京熊猫电子股份为近一个月首次上榜。 证券时报·数据宝统计显示，1月5日港股通（包括沪市港股通及深市港股通）成交活跃股合计成交529.01 亿港元，占当日港股通成交金额的36.84%，净买入金额99.89亿港元。 上榜的成交活跃股中，阿里巴巴-W成交额为95.60亿港元，成交金额居首；其次是中芯国际、盈富基 金，成交金额分别为87.99亿港元、68.45亿港元。 以上榜次数统计，1月5日上榜个股中，近一个月上榜次数最多的是阿里巴巴-W、腾讯控股等，近一个 月均上榜17次，最受港股通资金关注。 南京熊猫电子股份为近一个月首次上榜，当日港股通成交额为16.35亿港元，成交净买入1.05亿港元，该 股当日收盘上涨39.75%。（数据宝） （文章来源：证券时报网） 1月5日港股通成交活跃股榜单 | 证券 | 证券简称 | 成交金额（亿 | 净买入金额（亿 | 近一个月上 | 最新收盘价 | 日涨跌幅 | | --- | --- | --- | --- | --- | --- | --- | | 代码 | | 港元） | 港元） | 榜次数 | （港元） | （%） | | 0070 ...

成交活跃股方面，今日上榜个股中，南向资金成交金额最多的是阿里巴巴-W，合计成交额95.60亿港 元，中芯国际、盈富基金成交额紧随其后，分别成交87.99亿港元、68.45亿港元。以净买卖金额统计， 净买入的个股共有10只，盈富基金净买入额为68.26亿港元，净买入金额居首，该股收盘股价下跌 0.08%，快手-W净买入额为15.56亿港元，小米集团-W净买入额为10.19亿港元。净卖出金额最多的是腾 讯控股，净卖出9.19亿港元，该股收盘股价上涨0.24%，中国移动、南京熊猫电子股份遭净卖出4.06亿 港元、1.05亿港元。 今日上榜个股中，盈富基金、快手-W、小米集团-W等8只股同时上榜港股通（深）、港股通（沪）成 交活跃股， 盈富基金合计成交额68.45亿港元，成交净买入68.26亿港元，快手-W合计成交额53.10亿港 元，成交净买入15.56亿港元。腾讯控股合计成交额64.57亿港元，成交净卖出9.19亿港元。 从连续性进行统计， 有3只股获南向资金连续3天以上净买入，连续净买入天数较多的有华虹半导体、 小米集团-W、中芯国际，连续净买入天数分别为5天、3天、3天。以其间净买入金额统计，净买入金额 最多 ...