TENCENT(HK:00700) 智通财经网·2025-08-12 10:02Group 1: Market Overview - On August 12, the Hong Kong stock market saw a net inflow of 94.5 billion HKD from northbound trading, with 46.12 billion HKD from the Shanghai Stock Connect and 48.38 billion HKD from the Shenzhen Stock Connect [1] - The most bought stocks included the Tracker Fund of Hong Kong (02800), Hang Seng China Enterprises (02828), and Tencent (00700), while the most sold stock was Hua Hong Semiconductor (01347) [1] Group 2: Stock Performance - Semiconductor stocks showed mixed results, with SMIC (00981) receiving a net inflow of 3.05 billion HKD, while Hua Hong Semiconductor (01347) faced a net outflow of 2.41 billion HKD [6] - The Tracker Fund of Hong Kong (02800) and Hang Seng China Enterprises (02828) received net inflows of 41.6 billion HKD and 18.73 billion HKD, respectively [4] - Tencent (00700), Alibaba-W (09988), and Meituan-W (03690) saw net inflows of 8.93 billion HKD, 6.48 billion HKD, and 313.2 million HKD, respectively [5] Group 3: Sector Insights - The technology sector is expected to attract more funds as the dynamic PE of the Hang Seng Technology Index is currently at 21.87 times, indicating better value [5] - The semiconductor industry is experiencing a gradual recovery in demand, with both SMIC and Hua Hong Semiconductor predicting revenue growth of 6% and 11% respectively by Q3 2025 [6] - Xiaomi Group-W (01810) received a net inflow of 3.84 billion HKD, driven by a recovery in smartphone sales and growth in IoT and consumer products [5] Group 4: Company Highlights - Crystal Technology Holdings (02228) is projected to achieve a net profit of at least 50 million HKD for the first half of 2025, marking a significant turnaround [6] - Cinda Biopharmaceutical (01801) and Guotai Junan International (01788) received net inflows of 912.4 million HKD and 889.8 million HKD, respectively [7]