智通财经网·2025-03-28 09:52Core Insights - The Hong Kong stock market saw a net inflow of 82.42 billion HKD from Northbound trading on March 28, with the Shanghai Stock Connect contributing 55.91 billion HKD and the Shenzhen Stock Connect contributing 26.51 billion HKD [1] Group 1: Stock Performance - Alibaba (09988) received a net inflow of 9.66 billion HKD, driven by the launch of its new AI model, Qwen2.5-Omni-7B, which can process multiple input types [4] - Semiconductor manufacturer SMIC (00981) saw a net inflow of 7.56 billion HKD, reporting a 27.7% year-on-year increase in revenue for 2024, totaling 57.796 billion RMB [5] - Tencent (00700) experienced a net inflow of 5.75 billion HKD, following its investment of 11.6 billion euros for a 25% stake in Ubisoft, valuing the company at approximately 4 billion euros [5] Group 2: Notable Net Outflows - Xiaomi Group (01810) faced a net outflow of 9.3 billion HKD, attributed to its recent share placement to raise approximately 42.5 billion HKD for business expansion and R&D [7] - New China Life Insurance (01336) saw a net outflow of 2.39 billion HKD despite reporting a significant 201.1% year-on-year increase in net profit for 2024 [7] - XPeng Motors (09868) experienced a net outflow of 542.9 million HKD [7]