智通财经网·2025-09-30 09:58Core Viewpoint - The Hong Kong stock market saw significant net inflows from northbound capital, totaling HKD 154.8 billion on September 30, with notable purchases in major stocks like Alibaba, the Tracker Fund, and Tencent [1] Group 1: Northbound Capital Inflows - Northbound capital recorded a net purchase of HKD 154.8 billion, with HKD 90.79 billion from the Shanghai Stock Connect and HKD 64.01 billion from the Shenzhen Stock Connect [1] - The most purchased stocks included Alibaba-W (09988), Tracker Fund (02800), and Tencent (00700) [1] Group 2: Individual Stock Performance - Alibaba-W (09988) had a net inflow of HKD 51.79 billion, with total transactions of HKD 88.49 billion, reflecting a net increase of HKD 15.09 billion [2] - Semiconductor stocks saw increased interest, with SMIC (00981) receiving a net inflow of HKD 24.83 billion and a total transaction volume of HKD 43.10 billion, resulting in a net increase of HKD 6.56 billion [2] - Tencent (00700) experienced a net inflow of HKD 11.34 billion, driven by the launch of its multimodal models, which are expected to enhance AI application development [5] - Xiaomi Group-W (01810) recorded a net inflow of HKD 10.54 billion, attributed to strong sales performance of its 17 series smartphones [5] Group 3: Sector Trends - The semiconductor sector is gaining traction, with companies like Hua Hong Semiconductor (01347) and SMIC (00981) receiving net inflows of HKD 9.34 billion and HKD 6.13 billion, respectively, amid rising storage chip prices and the emergence of domestic AI chips [6] - Kuaishou-W (01024) reported a net inflow of HKD 6.22 billion, as the company restructures its commercial system to enhance operational efficiency [7]