南向资金对港股通标的股的整体持股比例为19.38%，242只个股南向资金持股比例超20%。 互联互通机制下，内地投资者成为港股市场的重要参与者。证券时报•数据宝统计显示，截至11月21 日，港股通标的股中，南向资金合计持有4900.47亿股，占标的股总股本的比例达19.38%，合计持股市 值60614.05亿港元，占标的股总市值的比例为14.66%。 具体到单只标的股来看，南向资金持股量占总股本比例20%以上的有242只，持股比例在10%~20%的有 131只，持股比例在5%~10%的有91只，1%~5%的有84只，持股比例低于1%的为21只。南向资金持股比 例最高的是中国电信，最新持有100.45亿股，占港股已发行股份的比例为72.38%，其次是绿色动力环 保、大众公用，持股占比分别为69.48%、69.45%。 从特征来看，南向资金高比例持有的个股，多数为AH概念股，统计显示，南向资金持股超20%的个股 中，AH股共有129只，占比为53.31%；持有比例在10%~20%的个股中，AH股占比为19.08%。 以港交所行业分类进行统计，南向资金持股比例超20%的个股主要集中在医疗保健业、工业、金融业等 行业 ...

Group 1 - The overall shareholding ratio of southbound funds in Hong Kong Stock Connect stocks is 19.37%, with 243 stocks having a shareholding ratio exceeding 20% [1] - As of November 20, southbound funds hold a total of 4,896.59 million shares, accounting for 19.37% of the total share capital of the stocks, with a total market value of 62,183.87 billion HKD, representing 14.69% of the total market value [1] - The highest shareholding ratio by southbound funds is in China Telecom, with 100.39 million shares held, representing 72.33% of the issued shares [1] Group 2 - Southbound funds with a holding ratio exceeding 20% are mainly concentrated in the healthcare, industrial, and financial sectors, with 56, 37, and 34 stocks respectively [2] - The top stocks with high southbound fund holdings include China Telecom, with a holding ratio of 72.33%, followed by Dazhong Public Utilities at 69.46% and Green Power Environmental at 69.45% [2] - A significant portion of the stocks with high southbound fund holdings are AH concept stocks, with 130 out of 243 stocks (53.50%) having a holding ratio over 20% being AH stocks [1][2]

Core Insights - The top three companies by Hong Kong Stock Connect holding ratios are China Telecom (72.33%), Power Assets Holdings (69.46%), and GCL-Poly Energy Holdings (69.45%) [1][2] - Alibaba (W) saw the largest increase in holding amount over the last five trading days, with an increase of 88.38 billion, followed by Xiaomi Group (22.55 billion) and Xpeng Motors (15.37 billion) [1][2] - The largest decreases in holding amounts were observed in the Tracker Fund of Hong Kong (-25.69 billion), Hang Seng China Enterprises Index ETF (-16.22 billion), and China Shenhua Energy (-9.29 billion) [1][3] Hong Kong Stock Connect Holding Ratios - China Telecom (00728) holds 100.39 million shares, representing 72.33% of its total [2] - Power Assets Holdings (01635) holds 3.71 million shares, representing 69.46% [2] - GCL-Poly Energy Holdings (01330) holds 2.81 million shares, representing 69.45% [2] - Other notable companies include Huitian International Investment (68.37%) and COSCO Shipping Energy Transportation (68.31%) [2] Recent Increases in Holdings - Alibaba (W) increased by 88.38 billion, with a share increase of 57.1 million [2] - Xiaomi Group (W) increased by 22.55 billion, with a share increase of 59.8 million [2] - Xpeng Motors (W) increased by 15.37 billion, with a share increase of 18.8 million [2] - Other companies with notable increases include China Construction Bank (11.86 billion) and Semiconductor Manufacturing International Corporation (11.37 billion) [2] Recent Decreases in Holdings - Tracker Fund of Hong Kong decreased by 25.69 billion, with a share decrease of 98.8 million [3] - Hang Seng China Enterprises Index ETF decreased by 16.22 billion, with a share decrease of 17.3 million [3] - China Shenhua Energy decreased by 9.29 billion, with a share decrease of 22.9 million [3] - Other companies with significant decreases include Agricultural Bank of China (-6.39 billion) and WuXi Biologics (-6.06 billion) [3]

Market Overview - The gas sector increased by 0.37% on November 20, with Dazhong Public Utilities leading the gains [1] - The Shanghai Composite Index closed at 3931.05, down 0.4%, while the Shenzhen Component Index closed at 12980.82, down 0.76% [1] Individual Stock Performance - Dazhong Public Utilities (600635) closed at 7.39, up 9.97% with a trading volume of 3.5587 million shares and a transaction value of 2.598 billion [1] - Delong Huineng (000593) closed at 10.80, up 4.35% with a trading volume of 472,800 shares and a transaction value of 517 million [1] - Jiufeng Energy (605090) closed at 34.50, up 1.47% with a trading volume of 95,600 shares and a transaction value of 331 million [1] - Other notable stocks include Xin'ao Co. (600803) up 0.68%, and Shan Natural Gas (002267) up 0.37% [1] Fund Flow Analysis - The gas sector saw a net inflow of 463 million from main funds, while retail funds experienced a net outflow of 96.6018 million [2] - Main funds showed significant interest in Dazhong Public Utilities with a net inflow of 812.1 million, representing 31.24% of the total [3] - Retail investors showed a net outflow from several stocks, including Delong Huineng and Xin'ao Co., indicating a shift in investor sentiment [3]

Group 1 - Dazhong Public (600635) shares rose over 7%, with a peak increase of 7.91%, trading at 4.23 HKD and a transaction volume of 454 million HKD [1] - The company's main business segments include urban gas, environmental municipal services, and financial investment [1] - Dazhong Public is a major shareholder of Shenzhen Capital Group, holding 10.8% of its shares directly, ranking fourth among all shareholders [1] Group 2 - When considering indirect holdings, Dazhong Public's total stake in Shenzhen Capital Group reaches 13.93% [1] - Shenzhen Capital Group has numerous external investment projects, including notable IPO candidates Yushu Technology and Moore Threads [1] - Moore Threads has disclosed its intention to issue shares for an IPO on the Sci-Tech Innovation Board, with the preliminary inquiry date set for November 19 and subscription date for November 24 [1] - Yushu Technology has completed its IPO and listing counseling work as of November 15, according to the China Securities Regulatory Commission [1]

值得一提的是，近期，摩尔线程披露首次公开发行股票并在科创板上市招股意向书，首次公开发行股票 初步询价日为11月19日，申购日为11月24日。此外，11月15日，据证监会官网消息，宇树科技已完成 IPO并上市辅导工作。 智通财经APP获悉，大众公用(01635)涨超7%，公司A股涨停。截至发稿，涨7.91%，报4.23港元，成交 额4.54亿港元。 公开资料显示，大众公用目前主营业务主要涵盖城市燃气、环境市政、金融创投三大块。该公司是深创 投的主要股东之一。行业洞察系统股权穿透显示，大众公用直接持有10.8%的深创投股份，在全部深创 投股东中持股比例位列第四。若加上间接持股，则总持股比例达到了13.93%。而深创投的对外投资项 目众多，其中就包括了宇树科技和摩尔线程两大拟IPO明星企业。 ...

Core Viewpoint - The gas sector experienced a significant rise, with major companies like Dazhong Public Utilities reaching their daily limit increase, indicating strong market performance in this industry [1] Company Summary - Dazhong Public Utilities hit the daily limit increase, showcasing robust investor confidence and market interest [1] - Delong Energy, Nanjing Public Utilities, and Jiufeng Energy also saw gains, reflecting a broader positive trend within the gas sector [1] Industry Summary - The gas sector is currently experiencing upward momentum, as evidenced by the performance of key players in the market [1]

Core Insights - The top three companies by Hong Kong Stock Connect holding ratios are China Telecom (72.30%), Power Assets Holdings (69.38%), and GCL-Poly Energy Holdings (69.31%) [1] - Alibaba, Xiaomi, and Tencent saw the largest increases in holdings over the last five trading days, with increases of HKD 56.17 billion, HKD 15.10 billion, and HKD 13.17 billion respectively [1] - The largest decreases in holdings were observed in the Tracker Fund of Hong Kong (-HKD 20.12 billion), Hang Seng China Enterprises Index ETF (-HKD 15.76 billion), and China Shenhua Energy (-HKD 6.46 billion) [2] Hong Kong Stock Connect Holding Ratios - China Telecom (00728): 100.34 million shares, 72.30% holding ratio [1] - Power Assets Holdings (01635): 37 million shares, 69.38% holding ratio [1] - GCL-Poly Energy Holdings (01330): 28 million shares, 69.31% holding ratio [1] - Other notable companies include: - Hengtong International Investment (01341): 74.62 million shares, 68.79% [1] - COSCO Shipping Energy Transportation (01138): 88.9 million shares, 68.62% [1] Recent Increases in Holdings (Last 5 Trading Days) - Alibaba (09988): +HKD 56.17 billion, +35.92 million shares [1] - Xiaomi (01810): +HKD 15.10 billion, +38.91 million shares [1] - Tencent (00700): +HKD 13.17 billion, +2.12 million shares [1] - Other companies with significant increases include: - China Construction Bank (00939): +HKD 9.83 billion, +120.94 million shares [1] - Industrial and Commercial Bank of China (01398): +HKD 8.70 billion, +134.90 million shares [1] Recent Decreases in Holdings (Last 5 Trading Days) - Tracker Fund of Hong Kong (02800): -HKD 20.12 billion, -77.44 million shares [2] - Hang Seng China Enterprises Index ETF (02828): -HKD 15.76 billion, -16.85 million shares [2] - China Shenhua Energy (01088): -HKD 6.46 billion, -15.76 million shares [2] - Other companies with notable decreases include: - Agricultural Bank of China (01288): -HKD 5.89 billion, -99.68 million shares [2] - China Hongqiao Group (01378): -HKD 3.47 billion, -11.31 million shares [2]

Core Viewpoint - The stock of Shanghai Dazhong Public Utilities (Group) Co., Ltd. has shown significant price appreciation this year, with a year-to-date increase of 59.72% and a recent surge in trading activity, indicating strong investor interest [1][2]. Financial Performance - For the period from January to September 2025, the company reported a revenue of 4.659 billion yuan, a year-on-year decrease of 2.71%, while the net profit attributable to shareholders increased by 205.14% to 520 million yuan [2]. - Cumulative cash dividends since the A-share listing amount to 2.543 billion yuan, with 298 million yuan distributed over the past three years [3]. Shareholder Information - As of September 30, 2025, the number of shareholders increased by 39.14% to 201,800, with an average of 0 circulating shares per shareholder [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited and Southern CSI 1000 ETF, with both showing a decrease in holdings compared to the previous period [3]. Market Activity - The stock price reached 7.05 yuan per share with a trading volume of 976 million yuan and a turnover rate of 5.85% [1]. - The stock has appeared on the daily trading leaderboard seven times this year, with the most recent net purchase of 419 million yuan on October 31 [1].

每经AI快讯，大众公用(01635.HK)一度涨超9%，截至发稿，涨7.89%，报4.1港元，成交额3.27亿港元。 （文章来源：每日经济新闻） ...