CCB(SH:601939) Jin Rong Jie·2025-06-30 10:41Summary of Key Points Core Viewpoint - The southbound capital flow on June 30 showed significant net inflows into certain stocks while others experienced substantial net outflows, indicating shifting investor sentiment in the Hong Kong market [1]. Group 1: Capital Flow Details - Southbound capital totaled HKD 1340.78 billion with a net inflow of approximately HKD 52.20 billion [1]. - The net inflow from the Shanghai-Hong Kong Stock Connect was about HKD 23.93 billion, while the Shenzhen-Hong Kong Stock Connect saw a net inflow of approximately HKD 28.26 billion [1]. Group 2: Major Net Buyers - Significant net purchases included: - China Construction Bank (00939.HK) with HKD 9.57 billion [1] - SMIC (00981.HK) with HKD 7.15 billion [1] - Meituan-W (03690.HK) with HKD 3.77 billion [1] - Kuaishou-W (01024.HK) with HKD 3.15 billion [2] - Innovent Biologics (01801.HK) with HKD 3.14 billion [3] - Yisou Technology (02550.HK) with HKD 347.16 million [1][4]. Group 3: Major Net Sellers - Significant net sales included: - Alibaba-W (09988.HK) with HKD 55.10 million [5] - Bank of China (03988.HK) with HKD 38.04 million [5] - Tencent Holdings (00700.HK) with HKD 32.57 million [5] - Pop Mart (09992.HK) with HKD 15.80 million [5]. Group 4: Stock Performance - China Construction Bank saw a decline of 1.37% with net buying of HKD 9.57 billion [1]. - SMIC experienced a slight drop of 0.33% with net buying of HKD 7.28 billion from Shenzhen-Hong Kong Stock Connect [1]. - Meituan-W fell by 3.17% despite net buying of HKD 5.11 billion from Shanghai-Hong Kong Stock Connect [1]. - Kuaishou-W increased by 0.80% with net buying of HKD 3.15 billion [2]. - Innovent Biologics rose by 1.36% with net buying of HKD 3.14 billion [3]. - Yisou Technology surged by 38.22% with net buying of HKD 54.90 million from Shanghai-Hong Kong Stock Connect [4]. - Alibaba-W dropped by 2.05% with significant net selling [5]. - Bank of China fell by 2.36% with net selling [5]. - Tencent Holdings decreased by 1.95% with net selling [5]. - Pop Mart increased by 3.41% despite net selling [5].