Core Insights - On August 8, 2025, SMIC (00981), Alibaba-W (09988), and Xiaomi Group-W (01810) were the top three companies by trading volume in the Southbound Stock Connect, with trading amounts of 6.668 billion, 2.541 billion, and 2.286 billion respectively [1] - In the Southbound Stock Connect for Shenzhen, SMIC (00981), Xiaomi Group-W (01810), and Alibaba-W (09988) also ranked as the top three, with trading amounts of 4.406 billion, 1.514 billion, and 1.346 billion respectively [1] Southbound Stock Connect (Shanghai) - Top active companies by trading volume: - SMIC (00981): 6.668 billion with a net buy of 0.213 billion - Alibaba-W (09988): 2.541 billion with a net buy of 0.398 billion - Xiaomi Group-W (01810): 2.286 billion with a net buy of 0.547 billion - Tencent Holdings (00700): 1.916 billion with a net buy of 0.424 billion - Huizhou Network (09878): 1.758 billion with a net buy of 0.0758 billion - Hua Hong Semiconductor (01347): 1.125 billion with a net sell of 0.336 billion - Nanjing Panda Electronics (00553): 1.075 billion with a net sell of 0.0252 billion - CSPC Pharmaceutical Group (01093): 1.075 billion with a net sell of 0.133 billion - Dongfang Zhenxuan (01797): 1.024 billion with a net buy of 0.0556 billion - Jing Tai Holdings (02228): 0.956 billion with a net buy of 0.0446 billion [1] Southbound Stock Connect (Shenzhen) - Top active companies by trading volume: - SMIC (00981): 4.406 billion with a net sell of 0.639 billion - Xiaomi Group-W (01810): 1.514 billion with a net sell of 0.0745 billion - Alibaba-W (09988): 1.346 billion with a net buy of 0.333 billion - Tencent Holdings (00700): 1.214 billion with a net sell of 0.319 billion - Hutchison China MediTech (00013): 0.958 billion with a net sell of 0.158 billion - CanSino Biologics (09926): 0.893 billion with a net buy of 0.0202 billion - Zai Lab (09688): 0.768 billion with a net buy of 0.0217 billion - Innovent Biologics (01801): 0.759 billion with a net buy of 0.0745 billion - Fufeng Group (03738): 0.747 billion with a net buy of 0.0315 billion - Tracker Fund of Hong Kong (02800): 0.729 billion with a net buy of 0.0684 billion [1]

Core Viewpoint - The Hong Kong stock market experienced significant net inflows from northbound trading, with a total net buy of 62.71 billion HKD on August 8, 2023, indicating strong investor interest in certain stocks [1][2]. Group 1: Northbound Trading Activity - Northbound trading saw a net buy of 32.8 billion HKD through the Shanghai Stock Connect and 29.92 billion HKD through the Shenzhen Stock Connect [1]. - The most bought stocks included Alibaba-W (09988), with a net buy of 7.3 billion HKD, and the Tracker Fund of Hong Kong (02800), with a net buy of 6.83 billion HKD [4][5]. Group 2: Stock Performance - Semiconductor stocks like SMIC (00981) and Hua Hong Semiconductor (01347) faced significant net selling, with net outflows of 4.26 billion HKD and 3.35 billion HKD, respectively [7][8]. - In contrast, companies like Xiaomi Group-W (01810) and Tencent Holdings (00700) received net buys of 4.72 billion HKD and 1.04 billion HKD, respectively [8]. Group 3: Company-Specific Developments - Alibaba's new membership system, integrating various services, marks a strategic shift towards becoming a comprehensive consumer platform [4]. - The collaboration between Huida Network (09878) and Alibaba Cloud aims to explore innovations in AI and digital solutions, enhancing their market presence [5]. - Crystal Technology (02228) announced a record-breaking cooperation agreement worth approximately 470 billion HKD (59.9 billion USD) in the AI and robotics drug development sector [6].

Group 1 - The Hang Seng Index fell by 0.66%, down 165 points, closing at 24,916 points, while the Hang Seng Tech Index dropped by 0.99% [1] - The early trading volume in Hong Kong stocks reached HKD 112.6 billion [1] - President Trump signed an executive order allowing alternative assets like private equity, real estate, and cryptocurrencies to enter 401K retirement savings plans, potentially opening up about USD 12.5 trillion in retirement account funds [1] Group 2 - Cryptocurrency-related stocks surged, with notable increases in prices: 嘉实以太币 (03179) up 6.48%, 博时以太币 (03009) up 6.24%, 华夏以太币 (03046) up 6.13%, and 博雅互动 (00434) up 6.46% [1] - 阜博集团 (03738) saw a significant rise of over 16%, with its stock price increasing by over 50% this week as the company expands into content industry RWA business [1] - 歌礼制药-B (01672) increased by 7.65% as ASC30 completed patient enrollment in Phase IIa, with strong business development expectations [1] - 君实生物 (01877) rose by 6.5% due to improved market conditions in the PD-(L)1/VEGF sector [1] Group 3 - RAFFLESINTERIOR (01376) resumed trading with an 80% surge after a change in controlling interest and a 43.1% discount on a full acquisition offer [2] - 老铺黄金 (06181) increased by 2.96% after being included in the MSCI China Index, with changes effective at the end of the month [2] Group 4 - 北海康成-B (01228) rose by over 30%, with a cumulative increase of nearly 9 times since early June, driven by the potential of the drug维拉苷酶β for significant business development opportunities [3] - 东风集团股份 (00489) saw an early morning increase of over 8%, despite a more than 90% year-on-year decline in net profit for the first half, managing to turn a profit compared to the previous quarter [4] - 和黄医药 (00013) dropped over 15% in early trading, with a 9.2% year-on-year decline in mid-term revenue, although selling joint venture equity led to a more than 16-fold increase in net profit [4]

Core Viewpoint - Fubo Group (03738) has seen a significant stock price increase of over 50% this week, with a current price of 5.19 HKD and a trading volume of 831 million HKD, driven by the launch of the world's first RWA registration platform and advancements in Web3.0 standards [1] Group 1 - Fubo Group's stock surged over 17% in early trading, reflecting strong market interest [1] - The launch of the RWA registration platform on August 7 marks a significant milestone for the company, coinciding with the establishment of three Web3.0 standards [1] - The Vobile MAX digital content asset trading platform has successfully completed market testing, enabling the concurrent confirmation and trading of a large number of physical assets (RWA) [1] Group 2 - Ant Group became a major shareholder of Fubo Group in 2020 through a private placement, aiming to develop a decentralized copyright protection and trading platform [1] - Analysts suggest that if Ant's stablecoin is implemented, Fubo Group, as a core partner in copyright trading, will benefit from expanded payment scenarios, potentially elevating its valuation from a "digital copyright service provider" to a "digital asset infrastructure provider" [1]

每经AI快讯，阜博集团涨幅扩大至15.04%，报5.2港元，成交额4.96亿港元，总市值127.63亿港元。 （文章来源：每日经济新闻） ...

本文源自：金融界 作者：行情君 8月8日，阜博集团(03738)盘中上涨5.31%，截至10:16，报4.76元/股，成交2.03亿元。 阜博集团有限公司专注于数字内容资产保护与交易的SaaS服务，提供基于专利技术的数字指纹和水印解 决方案，助力影视、电视、流媒体等行业提升版权保护与发行收益。公司利用AI技术和Web3数字基础 设施，为全球内容创作者提供高效的数字资产保护和交易服务，推动产业价值链的有效传递。 截至2024年年报，阜博集团营业总收入22.24亿元、净利润1.32亿元。 ...

本文源自：金融界 阜博集团有限公司专注于数字内容资产保护与交易的SaaS服务，提供基于专利技术的数字指纹和水印解 决方案，助力影视、电视、流媒体等行业提升版权保护与发行收益。公司利用AI技术和Web3数字基础 设施，为全球内容创作者提供高效的数字资产保护和交易服务，推动产业价值链的有效传递。 作者：行情君 8月6日，阜博集团(03738)盘中上涨3.66%，截至11:21，报3.97元/股，成交3.0亿元。 截至2024年年报，阜博集团营业总收入22.24亿元、净利润1.32亿元。 ...

8月5日，阜博集团(03738)盘中上涨5.79%，截至09:32，报3.84元/股，成交2708.58万元。 阜博集团有限公司专注于数字内容资产保护与交易的SaaS服务，提供基于专利技术的数字指纹和水印解 决方案，助力影视、电视、流媒体等行业提升版权保护与发行收益。公司利用AI技术和Web3数字基础 设施，为全球内容创作者提供高效的数字资产保护和交易服务，推动产业价值链的有效传递。 本文源自：金融界 截至2024年年报，阜博集团营业总收入22.24亿元、净利润1.32亿元。 作者：行情君 ...

Group 1 - The core viewpoint of the article highlights the significant increase in the stock price of Fubo Group, which rose by 5.28% to 3.59 HKD per share, with a trading volume of 73.61 million HKD as of 13:10 on August 4 [1] - Fubo Group focuses on SaaS services for digital content asset protection and trading, providing patented digital fingerprint and watermark solutions to enhance copyright protection and distribution revenue in industries such as film, television, and streaming [1] - The company leverages AI technology and Web3 digital infrastructure to offer efficient digital asset protection and trading services for global content creators, facilitating effective value chain transmission in the industry [1] Group 2 - As of the 2024 annual report, Fubo Group reported a total revenue of 2.224 billion CNY and a net profit of 132 million CNY [2]

Group 1 - The top three companies with the highest short positions are WuXi AppTec (02359), CATL (03750), and COSCO Shipping Holdings (01919), with short ratios of 23.99%, 17.39%, and 14.14% respectively [1][2] - The companies with the largest increase in short positions are Giant Biogene (02367), WuXi AppTec (02359), and Henderson Land Development (00012), with increases of 2.05%, 1.43%, and 1.41% respectively [1][2] - The companies with the largest decrease in short positions are SF Holding (06936), Far East Horizon (03360), and Jiumaojiu International Holdings (09922), with decreases of -1.94%, -1.22%, and -1.18% respectively [1][3] Group 2 - The top ten companies with the highest short ratios include Ganfeng Lithium (01772) at 13.09%, Xiexin Technology (03800) at 12.57%, and Shandong Gold (01787) at 12.35% [2] - The companies with the largest increase in short ratios also include Fuyou Glass (06865) at 12.07% and Tigermed (03347) at 9.81% [2] - The companies with the largest decrease in short ratios include Vanke Enterprise (02202) at 11.38% and Green Leaf Pharmaceutical (02186) at 11.96% [3][4]