智通财经7月22日电，截至目前，南向资金净买入超20亿港元。 ...

智通财经7月21日电，南向资金今日净买入70.51亿港元。其中，东方电气、建设银行、中国能源建设净 买入额位列前三，分别获净买入10.85亿港元、9.06亿港元、8.74亿港元；净卖出方面，美团-W、小米 集团-W、国泰君安国际分别遭净卖出7.88亿港元、5.32亿港元、3.01亿港元。 南向资金今日净买入70.51亿港元 东方电气获净买入10.85亿港元 ...

Core Viewpoint - On July 18, the Hang Seng Index rose by 1.33%, with southbound funds recording a total transaction amount of HKD 129.46 billion, resulting in a net inflow of HKD 5.93 billion [1] Group 1: Southbound Fund Activity - The total transaction amount for southbound funds was HKD 129.46 billion, with buy transactions amounting to HKD 67.69 billion and sell transactions amounting to HKD 61.76 billion, leading to a net buy of HKD 5.93 billion [1] - The cumulative transaction amount for the Stock Connect (Shenzhen) was HKD 48.17 billion, with net buying of HKD 2.64 billion, while the Stock Connect (Shanghai) had a cumulative transaction amount of HKD 81.29 billion with net buying of HKD 3.29 billion [1] Group 2: Active Stocks - The most actively traded stock by southbound funds was Alibaba-W, with a total transaction amount of HKD 55.76 billion and a net buy of HKD 3.89 billion [1] - Semiconductor Manufacturing International Corporation (SMIC) had a net buy of HKD 4.93 billion, closing with a price increase of 1.73% [1] - Tencent Holdings experienced the highest net sell amount of HKD 3.62 billion, despite a closing price increase of 0.39% [1] Group 3: Continuous Net Buying and Selling - Meituan-W recorded continuous net buying for 10 days, with a total net buy amount of HKD 7.42 billion [2] - Tencent Holdings and Pop Mart were the stocks with the highest continuous net selling, with total net sell amounts of HKD 4.32 billion and HKD 1.04 billion, respectively [2]

南向资金今日大幅净买入59.31亿元。港股通（沪）方面，中芯国际、众安在线分别获净买入3.81亿港 元、2.37亿港元；阿里巴巴-W净卖出额居首，金额为2.94亿港元；港股通（深）方面，阿里巴巴-W、 美团-W分别获净买入6.82亿港元、2.84亿港元；腾讯控股净卖出额居首，金额为2.47亿港元。 ...

智通财经7月18日电，截至发稿，南向资金净买入超30亿港元。 ...

Core Viewpoint - The AH premium index has been declining since 2025, indicating a shift in mainland policies and a low interest rate environment leading to a repricing of H-shares by southbound funds [1] Group 1: Market Trends - Since the "9.24" market event in 2024, there has been a significant inflow of southbound funds into Hong Kong stocks, with a notable increase in trading volume, reflecting the growing attractiveness of undervalued leading stocks to mainland investors [1] - The current holdings of southbound and mainland capital in the AH stock H index account for 50%, with insurance capital heavily investing in the banking sector being a primary reason for the decline in the AH premium index [1] Group 2: Investment Opportunities - The strong motivation for insurance capital to allocate to H-shares in the banking sector suggests that there is still room for the AH premium to decline, which is expected to continue exerting downward pressure on the index [1] - The listing of high-quality A-shares in Hong Kong has expanded the downward space for the premium index, enhancing liquidity in the Hong Kong market and alleviating the discounts on H-shares due to insufficient liquidity, thereby narrowing the valuation gap between the two markets [1] Group 3: Recommendations - In this context, it is recommended to focus on scarce assets in Hong Kong stocks that have significant industry trends, high earnings visibility, and market catalysts, including sectors such as: 1. AI software; 2. Innovative pharmaceuticals; 3. Non-bank financials; 4. Banking [1]

Group 1 - The Hang Seng Index fell by 0.08% on July 17, with southbound trading totaling HKD 134.72 billion, including HKD 68.29 billion in buying and HKD 66.43 billion in selling, resulting in a net inflow of HKD 1.85 billion [1] - The southbound trading through Stock Connect (Shenzhen) had a total turnover of HKD 49.60 billion, with net buying of HKD 0.19 billion, while Stock Connect (Shanghai) had a turnover of HKD 85.12 billion, with net buying of HKD 1.67 billion [1] - The most actively traded stock by southbound funds was Xiaomi Group-W, with a total turnover of HKD 64.88 billion, followed by Alibaba-W and Guotai Junan International with turnovers of HKD 52.03 billion and HKD 50.25 billion respectively [1] Group 2 - Among the stocks with net buying, Meituan-W led with a net inflow of HKD 6.06 billion, while China Construction Bank and Xiaomi Group-W followed with net inflows of HKD 5.91 billion and HKD 3.15 billion respectively [1][2] - The stock with the highest net selling was Pop Mart, with a net outflow of HKD 8.44 billion, and Tencent Holdings and Kangfang Biotech also experienced significant net selling of HKD 3.79 billion and HKD 0.76 billion respectively [1][2] - Meituan-W has seen continuous net buying for 9 days, with a total net inflow of HKD 72.14 billion during this period [2]

南向资金今日净买入38.24亿元。港股通（沪）方面，腾讯控股、美团-W分别获净买入1.31亿港元、 0.84亿港元；中芯国际净卖出额居首，金额为5.09亿港元；港股通（深）方面，美团-W、阿里巴巴-W 分别获净买入5.62亿港元、4.75亿港元；腾讯控股净卖出额居首，金额为9.62亿港元。 ...

智通财经7月15日电，截至目前，南向资金净买入额达30亿港元。 ...

南向资金今日净买入超82亿港元 美团获净买入居前 智通财经7月14日电，南向资金今日净买入约82.43亿港元。其中，美团、阿里巴巴-W分别获净买入约 12.22亿港元、8.59亿港元；老铺黄金遭净卖出约3.65亿港元。 ...