Northbound funds | Northbound trading netted a total of 922 million in transactions, with technology and internet stocks continuing to be popular. Domestic investors continued to increase their holdings in Tencent (00700) by over 600 million Hong Kong dollars.

On November 15th, in the Hong Kong stock market, Beishui had a net buying of 922 million Hong Kong dollars, with a net selling of 1.516 billion Hong Kong dollars through the Shanghai-Hong Kong Stock Connect and a net buying of 2.438 billion Hong Kong dollars through the Shenzhen-Hong Kong Stock Connect. The stocks with the most net buying from Beishui were Tencent (00700), CSOP Hang Seng TECH Index ETF (03033), and Ping An Insurance (02318). The stocks with the most net selling from Beishui were TRACKER FUND OF HONG KONG (02800), Hang Seng H-Share Index ETF (02828), and China United Network Communications (00762). The stocks with active trading through the Shanghai-Hong Kong Stock Connect were in the technology and internet sector, with Tencent (00700) receiving a net buying of 630 million Hong Kong dollars. In terms of news, it was reported that Tencent's third-quarter profit exceeded expectations with a stable performance, leading analysts to believe in a strong gaming outlook for the company. BABA-W (09988), XIAOMI-W (01810), and MEITUAN-W (03690) also received significant net buying amounts. Analysts at China Securities Co., Ltd. believe that the Hong Kong stock market has experienced a significant correction since October 8th, making it a good opportunity for investors to enter the market. Ping An Insurance (02318) received a net buying of 491 million Hong Kong dollars, with positive assessments from analysts regarding the company's strong growth potential in new business value. Telecom stocks showed mixed performance, with China Mobile (00941) receiving net buying while China United Network Communications (00762) experienced net selling. This came amidst news of advancements in 6G technology research and projects. Beishui funds sold Hong Kong stock ETFs, with TRACKER FUND OF HONG KONG (02800) and Hang Seng H-Share Index ETF (02828) seeing net selling, while CSOP Hang Seng TECH Index ETF (03033) received net buying. Additionally, CNOOC (00883) received net buying, as did Semiconductor Manufacturing International Corporation (00981).