Zhi Tong Cai Jing·2025-11-07 10:07Summary of Key Points Core Viewpoint - The Hong Kong stock market experienced significant net inflows from northbound trading, totaling HKD 75.23 billion on November 7, with notable buying in Xiaomi, CNOOC, and Hua Hong Semiconductor, while Tencent and Alibaba faced substantial net selling [1]. Group 1: Northbound Trading Activity - Northbound trading saw a net buy of HKD 75.23 billion, with HKD 36.86 billion from the Shanghai Stock Connect and HKD 38.37 billion from the Shenzhen Stock Connect [1]. - The most bought stocks included Xiaomi Group (01810), CNOOC (00883), and Hua Hong Semiconductor (01347) [1]. - The most sold stocks were Tencent (00700) and Alibaba (09988) [1]. Group 2: Individual Stock Performance - Alibaba (09988): Net buy of HKD 3.03 billion, with a total trading volume of HKD 40.32 billion, comprising HKD 21.68 billion in buys and HKD 18.65 billion in sells [2]. - Xiaomi Group (01810): Net buy of HKD 6.68 billion, with total trading volume of HKD 26.99 billion, consisting of HKD 16.84 billion in buys and HKD 10.15 billion in sells [2]. - Tencent (00700): Net sell of HKD 5.54 billion, with total trading volume of HKD 23.33 billion, including HKD 8.89 billion in buys and HKD 14.43 billion in sells [2]. - CNOOC (00883): Net buy of HKD 7.63 billion, supported by positive outlooks on oil prices and production targets [5]. - Hua Hong Semiconductor (01347): Net buy of HKD 6.05 billion, driven by better-than-expected gross margins and demand recovery [5]. - Xpeng Motors (09868): Net buy of HKD 3.63 billion, with positive reports on its AI strategy and partnerships [6]. - Overall Market Sentiment: The market is influenced by discussions around AI and potential volatility due to external factors like U.S. government issues [6].