Group 1 - On August 1, 2025, InnoCare Pharma (02577), Tencent Holdings (00700), and Alibaba Group-W (09988) ranked as the top three companies by trading volume in the Southbound Stock Connect, with transaction amounts of 3.333 billion, 3.023 billion, and 2.736 billion respectively [1] - In the Southbound Stock Connect, Tencent Holdings (00700), Yingfu Fund (02800), and Southern Hang Seng Technology (03033) were the top three companies by trading volume, with transaction amounts of 2.389 billion, 2.076 billion, and 1.854 billion respectively [1] Group 2 - The top ten active companies in the Southbound Stock Connect included InnoCare Pharma (02577) with a transaction amount of 3.333 billion and a net buying amount of +320 million, Tencent Holdings (00700) with 3.023 billion and +102 million, and Alibaba Group-W (09988) with 2.736 billion and -416 million [2] - In the Southbound Stock Connect, Tencent Holdings (00700) had a transaction amount of 2.389 billion and a net buying amount of +734 million, Yingfu Fund (02800) had 2.076 billion and +2069 million, and Southern Hang Seng Technology (03033) had 1.854 billion and +856 million [2]

Group 1 - The Hang Seng Index fell by 0.18%, down 45 points, closing at 24,727 points, while the Hang Seng Tech Index decreased by 0.12% [1] - In the semiconductor sector, InnoSilicon became the only Chinese chip manufacturer included in NVIDIA's latest 800V architecture supplier list, leading to a more than 30% increase in InnoSilicon's stock [1] - The Ministry of Industry and Information Technology issued a special energy-saving inspection task list for the polysilicon industry, boosting the solar panel sector, with notable stock increases for companies like Kaisheng New Energy (up over 5%) and Fuyao Glass (up over 4%) [1] Group 2 - Stone Pharmaceutical Group's stock rose over 6% after announcing a more than $2 billion overseas business development deal [2] - Ruihe Smart's stock surged over 10% following a profit warning, with expected net profits for the first half of the year reaching up to 44 million yuan, marking a turnaround from losses [3] - Inspur Digital Enterprises' stock increased nearly 6%, reaching a new high, with expected net profits for the first half of the year up to 190 million yuan, supported by its parent company Inspur Group [4] Group 3 - Xirui's stock rose over 4%, reaching a new high, as institutions predict rapid growth in the private aviation market [5] - Qiniu Intelligent's stock increased by over 8%, with its AI model user base surpassing 10,000, marking a significant milestone in its AI strategy [6] - Tsugami Machine Tool's stock rose over 5%, with its Japanese division reporting a 38.1% year-on-year increase in profits for the first quarter [7] Group 4 - New Macau International Development's stock fell over 4%, with its subsidiary New Macau Borya reporting a nearly 20% year-on-year decline in net income for the second quarter [7] - Kintor Pharmaceutical's stock plummeted over 16% after the company announced a discounted placement of shares at an 18.75% discount, raising approximately 40.34 million Hong Kong dollars [7]

Core Viewpoint - The company, 巨星传奇, has seen a significant stock increase of over 9%, currently trading at 13.38 HKD with a transaction volume of 342 million HKD, following the announcement of a strategic partnership with 杭州宇树科技 [1] Group 1: Partnership Details - 巨星传奇's wholly-owned subsidiary, 星创艺(昆山)文娱有限公司, has entered into a cooperation agreement with 杭州宇树科技 [1] - The partnership establishes a global strategic collaboration, focusing initially on the development and commercialization of quadruped robotic dogs/robots with social attributes [1] - The collaboration aims to create consumer-grade robotic products with strong intellectual property (IP) characteristics [1] Group 2: Commercialization Strategy - Through this partnership, 巨星传奇 plans to explore the commercial value of intelligent robots in entertainment settings such as concerts and performances [1] - The company will be responsible for the planning, directing, and execution of related entertainment activities, integrating robotic performances into concerts, variety shows, and live broadcasts [1] - This initiative aims to deepen the penetration and enhance the company's star IP matrix [1]

Core Viewpoint - The company, 巨星传奇, has seen a significant stock price increase of over 9%, currently trading at 13.38 HKD with a transaction volume of 342 million HKD, following the announcement of a strategic partnership with 杭州宇树科技 [1] Group 1: Partnership Details - 巨星传奇's wholly-owned subsidiary, 星创艺(昆山)文娱有限公司, has entered into a cooperation agreement with 杭州宇树科技 [1] - The partnership establishes a global strategic collaboration, focusing initially on the development and commercialization of quadruped robotic dogs with social attributes [1] - The collaboration aims to create consumer-grade robotic products with strong IP characteristics [1] Group 2: Commercialization Strategy - Through this partnership, 巨星传奇 plans to explore the commercial value of intelligent robots in entertainment settings such as concerts and performances [1] - The company will be responsible for planning, directing, and executing related entertainment activities, integrating robotic performances into concerts, variety shows, and live broadcasts [1] - This initiative aims to deepen the penetration and enhance the company's star IP matrix [1]

Group 1 - The collaboration between Giant Star Legend and Yushu Technology focuses on developing and commercializing quadruped robots with strong IP attributes, particularly in the entertainment sector [1] - This partnership is seen as an innovative attempt to combine IP with smart robotics, potentially enhancing business expansion and commercial value for both companies [1] Group 2 - As of June 2025, China's mobile internet monthly active user base reached a record 1.267 billion, with users spending nearly 8 hours online daily [2] - The AIGC industry experienced a staggering year-on-year growth rate of 393.9% in total usage time, emerging as a new growth engine [2] - AI search applications have gained significant traction, indicating that artificial intelligence will play a more crucial role in the mobile internet landscape [2] Group 3 - RoboScience has successfully completed nearly 200 million yuan in angel round financing, led by JD.com, with participation from other notable investors [3] - The company, established in December 2024, has been operational since March 2025 and previously raised several million yuan in seed funding [3] - The success of this financing round is expected to attract more talent, capital, and resources to the field of embodied intelligence, accelerating technology development and industrialization [3]

Group 1: Company Collaborations - Giant Star Legend and Yushu Technology have signed a cooperation agreement to develop and commercialize quadruped robots with companionship and social attributes, particularly in the entertainment sector [1] - The collaboration aims to create consumer-grade robotic products with strong IP attributes, potentially enhancing business expansion and commercial value for both companies [1] Group 2: Mobile Internet Trends - As of June 2025, China's mobile internet monthly active user count reached a record 1.267 billion, with users spending nearly 8 hours online daily [2] - The AIGC (Artificial Intelligence Generated Content) sector saw a staggering year-on-year growth rate of 393.9% in total usage time, emerging as a new growth engine [2] - AI search applications have gained significant traction, indicating a shift towards innovative applications in the mobile internet landscape [2] Group 3: Funding and Investment - RoboScience has completed nearly 200 million yuan in angel round financing, led by JD.com, with participation from other investors including China Merchants Venture Capital and SenseTime [3] - The company, established in December 2024, has been operational since March 2025 and previously raised several million yuan in seed funding [3] - The successful financing is expected to attract more talent, capital, and resources to the field of embodied intelligence, accelerating technology development and industrialization [3]

7月30日恒生指数下跌1.36%，报收25176.93点，全天南向资金通过港股通渠道合计净买入117.14亿港 元。 | 代码 | 简称 | 类型 | 成交金额（万港元） | 成交净买入（万港元） | 日涨跌幅（%） | | --- | --- | --- | --- | --- | --- | | 00700 | 腾讯控股 | 港股通(沪) | 360772.07 | 43625.25 | -1.08 | | 02015 | 理想汽车-W | 港股通(沪) | 328310.90 | 180580.94 | -12.84 | | 00981 | 中芯国际 | 港股通(沪) | 317191.11 | -16494.21 | -5.90 | | 01801 | 信达生物 | 港股通(沪) | 308031.91 | -48523.03 | -1.50 | | 09988 | 阿里巴巴-W | 港股通(沪) | 284930.76 | 17598.84 | -2.98 | | 06683 | 巨星传奇 | 港股通(沪) | 276697.57 | 17550.67 | 17.97 | | 01788 | 国泰君 ...

深港通（南向）十大活跃成交公司 | 公司名称 | 成交金额 | 净买入额 | | --- | --- | --- | | 理想汽车-W(02015) | 24.04 亿元 | +2.87 亿元 | | 阿里巴巴-W(09988) | 21.48 亿元 | +1.81 亿元 | | 腾讯控股(00700) | 19.03 亿元 | -2.53 亿元 | | 信达生物(01801) | 18.63 亿元 | +3.64 亿元 | | 中芯国际(00981) | 17.74 亿元 | -4034.73 万元 | | 小米集团-W(01810) | 15.86 亿元 | +3.13 亿元 | | 石药集团(01093) | 13.20 亿元 | +3.43 亿元 | | 药明生物(02269) | 11.45 亿元 | +1.72 亿元 | | 美团-W(03690) | 9.35 亿元 | +1.72 亿元 | | 康方生物(09926) | 9.32 亿元 | +3084.87 万元 | 2025年7月30日当天，腾讯控股(00700)、理想汽车-W(02015)、中芯国际(00981)位居沪港通（南向）成 交额 ...

Market Overview - On July 30, the Hong Kong stock market saw a net inflow of 11.714 billion HKD from Northbound trading, with 6.427 billion HKD from Shanghai Stock Connect and 5.287 billion HKD from Shenzhen Stock Connect [2] Top Net Buy and Sell Stocks - The stocks with the highest net inflows included Li Auto-W (02015), CSPC Pharmaceutical Group (01093), and Meituan-W (03690) [2] - The stocks with the highest net outflows were SMIC (00981), Innovent Biologics (01801), and Guotai Junan International (01788) [2] Stock Performance - Li Auto-W (02015) experienced a significant drop of nearly 13%, but Northbound funds purchased 2.093 billion HKD worth of shares [7] - CSPC Pharmaceutical Group (01093) and Kangfang Bio (09926) saw net inflows of 872 million HKD and 30.84 million HKD, respectively, while Innovent Biologics (01801) faced a net outflow of 121 million HKD [7] - Tencent Holdings had a net inflow of 4.36 billion HKD, while Alibaba-W (09988) saw a net inflow of 1.76 billion HKD [3] Industry Insights - The introduction of Li Auto's first pure electric SUV, the i8, priced from 321,800 RMB, is expected to shift consumer preference towards new electric models [7] - HSBC's report indicates that the domestic pharmaceutical sector has outperformed the market this year, with expectations for strong momentum to continue [7] - Notably, Novo Nordisk has downgraded its 2025 earnings guidance, anticipating a significant decline in sales and profit growth [7] Additional Developments - Giant Legend (06683) received a net inflow of 175 million HKD after announcing a strategic partnership with Yuzhu Technology for the development of consumer-grade robotic products [8] - SMIC (00981) faced a net outflow of 205 million HKD due to reduced orders from major IC design firms, impacting production capacity and profitability [9]

Core Viewpoint - The collaboration between Giant Star Legend and Yushu Technology aims to develop and commercialize consumer-grade robots with strong IP attributes, focusing on emotional resonance and social interaction capabilities [1][2]. Group 1: Collaboration Details - Giant Star Legend's subsidiary, Xing Chuang Yi, has entered into a strategic partnership with Yushu Technology to co-develop four-legged robotic products [1]. - The partnership will leverage both companies' strengths, with Giant Star Legend focusing on IP planning and AI interaction design, while Yushu Technology will handle hardware development [2][3]. - The collaboration will extend beyond product sales to explore the commercial value of intelligent robots in live performances and shows, enhancing the company's competitive edge [1][3]. Group 2: Financial Aspects - Giant Star Legend recently announced a placement of 37.52 million shares at HKD 9.13 per share, raising approximately HKD 342.6 million, with about 38.2% allocated for expanding retail channels, including vending machines and smart devices [4]. - The funding plan indicates a commitment to developing the consumer-grade robots in collaboration with Yushu Technology, highlighting the importance of financial resources in this venture [3][4]. Group 3: Market Insights - The consumer-grade robot market presents significant potential, but the willingness of domestic users to pay for "IP + robots" remains untested [5]. - Experts suggest that entering the entertainment sector is a strategic move for humanoid robots, as it aligns with the historical progression of new technologies from entertainment to practical applications [5].