11月28日南向资金全天成交额602.39亿港元，成交净买入27.27亿港元。 （文章来源：证券时报网） 证券时报·数据宝统计显示，11月28日恒生指数下跌0.34%，南向资金合计买入成交314.83亿港元，卖出 成交287.56亿港元，合计成交额602.39亿港元。 | | 买入成交额（亿港元） | 卖出成交额（亿港元） | 成交净买入（亿港元） | | --- | --- | --- | --- | | 港股通（深） | 120.67 | 102.73 | 17.94 | | 港股通（沪） | 194.16 | 184.83 | 9.33 | | 合计 | 314.83 | 287.56 | 27.27 | 具体看，港股通（沪）买入成交194.16亿港元，卖出成交184.83亿港元，合计成交额378.99亿港元，成 交净买入9.33亿港元；港股通（深）买入成交120.67亿港元，卖出成交102.73亿港元，合计成交223.40亿 港元，成交净买入17.94亿港元。（数据宝） 南向资金今日成交概况 ...

Market Overview - The Hang Seng Index rose by 0.07% on November 27, with total southbound trading amounting to HKD 86.624 billion, including HKD 43.976 billion in buying and HKD 42.648 billion in selling, resulting in a net buying amount of HKD 1.328 billion [2][3]. Southbound Trading Details - Southbound trading through the Shenzhen Stock Connect totaled HKD 31.299 billion, with buying at HKD 15.996 billion and selling at HKD 15.303 billion, leading to a net buying of HKD 0.693 billion [2]. - The Shanghai Stock Connect saw a total trading amount of HKD 55.325 billion, with buying at HKD 27.980 billion and selling at HKD 27.345 billion, resulting in a net buying of HKD 0.635 billion [2]. Active Stocks - Alibaba-W had the highest trading volume among southbound stocks, with a total trading amount of HKD 109.85 billion and a net buying of HKD 9.19 billion, despite a closing price drop of 2.71% [2][3]. - Other notable stocks included Xiaomi Group-W with a trading amount of HKD 51.88 billion and a net selling of HKD 6.89 billion, and SMIC with a trading amount of HKD 41.43 billion [2][3]. Continuous Net Buying and Selling - Alibaba-W has been continuously net bought for 11 days, with a total net buying amount of HKD 25.449 billion during this period [3]. - Two stocks, SMIC and Tencent Holdings, experienced continuous net selling, with net selling amounts of HKD 1.893 billion and HKD 1.528 billion, respectively [3].

Group 1 - The core point of the article highlights that the southbound funds' ETF trading volume today is 848 million HKD, which is a decrease of 3.012 billion HKD compared to the previous day, accounting for 0.98% of the total southbound fund trading volume today [1] Group 2 - Specifically, the trading volume for the Hong Kong Stock Connect (Shanghai) ETF is 793 million HKD, while the trading volume for the Hong Kong Stock Connect (Shenzhen) ETF is 55 million HKD [1] - The total trading volume for the Hong Kong Stock Connect is 848 million HKD [1]

Group 1 - The most actively traded stock with net buying is Alibaba-W (9988.HK) with a net purchase amount of 919.4 million HKD and a closing price of 150.6 HKD [2][4] - The stock with the highest net selling is Xiaomi Group-W (1810.HK) with a net selling amount of 689.2 million HKD and a closing price of 41.1 HKD [2][4] - A total of five stocks experienced net buying, while six stocks faced net selling in the southbound trading activity [2][3] Group 2 - Other notable stocks with net buying include Pop Mart (9992.HK) with 435 million HKD, Meituan-W (3690.HK) with 325 million HKD, and Kangfang Biotech (9926.HK) with 192 million HKD [4] - Stocks with net selling include Semiconductor Manufacturing International Corporation (0981.HK) with a net selling of 232 million HKD and Tencent Holdings (0700.HK) with a net selling of 259 million HKD [4] - The overall trading activity reflects a mixed sentiment among investors in the Hong Kong market [2][3]

Core Viewpoint - On November 27, southbound funds recorded a total transaction amount of 86.624 billion HKD, with a net buy of 1.328 billion HKD [1] Summary by Category Southbound Fund Transaction Overview - Total buy transaction amount was 43.976 billion HKD, while total sell transaction amount was 42.648 billion HKD, resulting in a net buy of 1.328 billion HKD [1] - Breakdown of transactions shows that the Hong Kong Stock Connect (Shanghai) had a buy transaction of 27.980 billion HKD and a sell transaction of 27.345 billion HKD, leading to a net buy of 0.635 billion HKD [1] - The Hong Kong Stock Connect (Shenzhen) recorded a buy transaction of 15.996 billion HKD and a sell transaction of 15.303 billion HKD, resulting in a net buy of 0.693 billion HKD [1] Market Performance - The Hang Seng Index increased by 0.07% on the same day [1]

Group 1 - The net inflow of southbound funds amounted to approximately 1.328 billion HKD on November 27 [2] - Alibaba-W and Pop Mart received net purchases of about 919 million HKD and 435 million HKD respectively [2] - Xiaomi Group-W experienced a net sell-off of 689 million HKD [2]

Group 1 - Alibaba-W received a net buy of HKD 6.02 billion through the Hong Kong Stock Connect (Shanghai) [1] - Pop Mart also saw a net buy of HKD 2.9 billion through the Hong Kong Stock Connect (Shanghai) [1] - Xiaomi Group-W had the highest net sell amount at HKD 5.37 billion through the Hong Kong Stock Connect (Shanghai) [1] Group 2 - Alibaba-W received a net buy of HKD 3.17 billion through the Hong Kong Stock Connect (Shenzhen) [1] - SMIC (Semiconductor Manufacturing International Corporation) received a net buy of HKD 1.98 billion through the Hong Kong Stock Connect (Shenzhen) [1] - Xiaomi Group-W again had the highest net sell amount at HKD 1.52 billion through the Hong Kong Stock Connect (Shenzhen) [1]

Group 1 - Southbound funds have significantly increased their investment in Hong Kong stocks, with a cumulative net purchase of 1.38 trillion HKD this year, marking a record high [1] - The Hang Seng Index has seen an annual increase of nearly 30%, while the Hang Seng Tech Index has risen over 25% this year, indicating a recovery in asset valuations driven by southbound capital [1] - The attractiveness of Hong Kong stock market valuations is becoming evident, as reflected in the positive flow of ETF funds, which have accelerated net purchases of Hong Kong assets despite market fluctuations in the second half of the year [1] Group 2 - The recent rise in Hong Kong stocks is attributed to expectations of a Federal Reserve interest rate cut, with several technology companies' stock prices boosting market risk appetite [1] - Lower U.S. interest rates are expected to drive capital outflows from the U.S., seeking investment opportunities in non-dollar assets, which typically increases demand for Asian stocks [1] - However, there are concerns regarding the lack of significant improvement in corporate earnings for Hong Kong stocks, alongside volatility in U.S. tech stocks and the potential for profit-taking as the year-end approaches [4]

值得注意的是，此前南向资金已经连续8日净买入港股，但在11月26日，南向资金净抛售港股39.52亿港 元。对此，基金经理认为，偶尔出现的净卖出，并不会影响资金不断涌入港股的大趋势，在低估值的吸 引之下，资金有望持续买入港股。 今年以来，南向资金不断抄底港股，累计净买入港股1.38万亿港元，为历年之最。在南向资金推动下， 港股资产估值迎来修复，恒生指数年内涨幅接近30%，恒生科技指数年内涨幅超过25%。 人民财讯11月27日电，近期，港股持续在高位震荡。11月26日，恒生指数冲高回落收涨0.13%，恒生科 技指数涨0.11%。医药股连续第三日反弹，恒瑞医药（600276）涨近5%，科技股走势分化。 相较于其他指标，ETF的资金流向能够更为精准且有力地印证资金对港股的积极买入态度。尤其是在今 年下半年港股开启震荡走势之后，ETF资金呈现越跌越买态势，加速净买入港股资产。 ...

今日上榜个股中，阿里巴巴-W、长飞光纤光缆、快手-W等9只股同时上榜港股通（深）、港股通 （沪）成交活跃股， 阿里巴巴-W合计成交额133.16亿港元，成交净买入15.28亿港元，长飞光纤光缆合 计成交额17.35亿港元，成交净买入1.78亿港元。盈富基金合计成交额24.08亿港元，成交净卖出22.59亿 港元，腾讯控股合计成交额37.29亿港元，成交净卖出11.80亿港元。 11月26日恒生指数上涨0.13%，南向资金全天合计成交金额为917.88亿港元，其中，买入成交439.18亿 港元，卖出成交478.70亿港元，合计净卖出金额39.52亿港元。具体来看，港股通（深）累计成交金额 369.40亿港元，买入成交172.11亿港元，卖出成交197.29亿港元，合计净卖出金额25.18亿港元；港股通 （沪）累计成交金额548.48亿港元，买入成交267.07亿港元，卖出成交281.41亿港元，合计净卖出金额 14.33亿港元。 成交活跃股方面，今日上榜个股中，南向资金成交金额最多的是阿里巴巴-W，合计成交额133.16亿港 元，美团-W、小米集团-W成交额紧随其后，分别成交58.20亿港元、44.77亿港元。 ...