资金动向 | 北水爆买港股198亿港元，猛抛腾讯超24亿港元！
Ge Long Hui A P P·2025-10-13 10:38

Core Insights - Southbound capital net inflow into Hong Kong stocks reached a two-month high of HKD 19.804 billion on October 13, with net inflows of approximately HKD 7.598 billion from the Shanghai-Hong Kong Stock Connect and HKD 12.206 billion from the Shenzhen-Hong Kong Stock Connect [1][4] Group 1: Stock Performance - The top net purchases included the Tracker Fund of Hong Kong (HKD 7.282 billion), Hang Seng China Enterprises (HKD 2.135 billion), and Hua Hong Semiconductor (HKD 1.348 billion) [1] - Major net sales were observed in Tencent Holdings (HKD 2.445 billion), Alibaba (HKD 1.624 billion), and SMIC (HKD 0.523 billion) [1][4] - Xiaomi has seen a continuous net purchase for six days totaling HKD 4.709 billion, while ZTE has had three consecutive days of net purchases totaling HKD 1.673 billion [4] Group 2: Recent Trends - There has been a continuous reduction in holdings for SMIC over three days, totaling HKD 5.629 billion, and for Alibaba, totaling HKD 4.184 billion [5] - Tencent has also experienced a three-day reduction in holdings amounting to HKD 3.859 billion [5] Group 3: Industry Insights - Hua Hong Semiconductor is positioned to benefit from the escalating technology competition, with domestic semiconductor manufacturing and equipment expected to grow rapidly [6] - Xiaomi's market share in the domestic new energy vehicle sector saw a slight decline, with a 70.1% share for domestic brands in September, down 2.3 percentage points year-on-year [6] - Meituan has introduced a feature allowing delivery riders to block customers, enhancing rider autonomy in customer interactions [7] - Goldman Sachs has raised its capital expenditure forecast for Tencent to RMB 350 billion, highlighting the potential of AI across its business lines [7] - Alibaba's capital expenditure expectations have been significantly increased due to breakthroughs in AI cloud computing capabilities [7] - The global wafer foundry market is projected to reach USD 270 billion by 2029, with a compound annual growth rate of 8.7% from 2025 to 2029 [7]