CCB(601939) 智通财经网·2025-05-08 10:00Summary of Key Points Core Viewpoint - The Hong Kong stock market experienced significant net selling from Northbound capital, totaling 23.85 billion HKD on May 8, with notable net selling in major stocks like Tencent and Xiaomi, while Construction Bank and Meituan saw net buying [1]. Group 1: Northbound Capital Flow - Northbound capital recorded a net selling of 23.85 billion HKD, with 10.97 billion HKD from Shanghai Stock Connect and 12.88 billion HKD from Shenzhen Stock Connect [1]. - The stocks with the highest net buying included Construction Bank (00939), Chifeng Jilong Gold (06693), and Meituan-W (03690) [1]. - The stocks with the highest net selling included Tencent (00700), Xiaomi Group-W (01810), and the Tracker Fund of Hong Kong (02800) [1]. Group 2: Individual Stock Performance - Construction Bank (00939) received a net inflow of 8.73 billion HKD, supported by a recent announcement of a basket of financial policies aimed at stabilizing the market [4]. - Chifeng Jilong Gold (06693) saw a net inflow of 4.82 billion HKD, with expectations of meeting market performance in 2024 and successful overseas financing for acquisitions [5]. - Semiconductor Manufacturing International Corporation (00981) faced a net outflow of 6.97 billion HKD, with upcoming board meetings to discuss financial results amid potential changes in U.S. AI chip regulations [5]. - The Tracker Fund of Hong Kong (02800) experienced a net outflow of 7.1 billion HKD, with market sentiment remaining cautious despite some optimism [6]. - Xiaomi Group-W (01810) had a net outflow of 8.41 billion HKD, following recent controversies regarding its vehicle specifications [6]. - Tencent (00700) faced a net outflow of 11.79 billion HKD, with expectations for stable core business performance in its upcoming quarterly report [6].