Express News | Hong Kong stocks have risen for six consecutive weeks, with 40 stocks reaching all-time highs.
Express News | The construction of the computing power Internet test network has officially started.
The net Outflow of Tencent in Hong Kong Stock Connect is 0.775 billion HKD.
The northbound capital flow into Geely (00175.HK), Meituan (03690.HK), and China Mobile (00941.HK) reached 0.307 billion HKD, 0.249 billion HKD, and 0.219 billion HKD respectively. The northbound capital outflow from Tencent (00700.HK) and Xiaomi Group (01810.HK) was 0.775 billion HKD and 0.654 billion HKD respectively. The highest net inflow of funds on the SH->HK Connect for active stocks was from China Construction Bank (00939.HK) at 1.14 billion HKD, while the highest net outflow was from TRACKER FUND OF HONG KONG (02800.HK) at 1.024 billion HKD.
CDXJ Digital Technology's Consortium Signs 1.63 Billion Yuan For Building China Mobile's Ningxia Data Center
Express News | CHINA MOBILE will build 10-gigabit demonstration communities in 200 cities nationwide.
Futu Daily News | Powell warns that future inflation volatility may remain high; Buffett made significant Sell of bank stocks in Q1 while maintaining Hold Positions in Apple.
In the first quarter, Hillhouse's HHLR increased its shareholding in China Assets, newly added and increased several Chinese concept stocks; CoreWeave received a 7% shareholding from NVIDIA and provided $40 billion in Cloud Computing capacity to OpenAI; the Soros Fund made heavyweight investments in NVIDIA and its SpaceX competitor, while selling Super Micro Computer.
Fund movement | Northbound funds have Sold over 0.2 billion Hong Kong dollars in Hong Kong stocks, purchasing shares in China Construction Bank Corporation and CHINA MOBILE.
Track the latest trends of southward capital.
Express News | Shanghai CDXJ Digital Technology: Signed a 1.632 billion yuan contract for the Datacenter server room building.
The market holds its breath in anticipation! Tencent and Alibaba's Earnings Reports are about to be released! They may become a window for foreign capital to observe China's AI industry.
① The advertising, Cloud Computing revenue situation, and AI Business investments of both companies are all areas of great interest to the outside world. ② In the coming years, AI will be the key engine for growth in China's Internet Industry, and AI applications are expected to bring new growth opportunities. However, regarding the growth rate of capital expenditures in AI, Goldman Sachs Analysts are relatively cautious and conservative.
In "The Big Line," China International lists the top ten stocks with the highest net Buy of Hong Kong stocks by southbound funds from April 1 to May 9 (table).
CITIC International released a report listing the top ten stocks with the highest net buy by southbound funds from April 1 to May 9: Stock │ Net Buy by Southbound Funds from April 1 to May 9 (HKD) Alibaba (09988.HK) │ 19.246 billion yuan MEITUAN-W (03690.HK) │ 15.141 billion yuan Tencent (00700.HK) │ 6.983 billion yuan Construction Bank (00939.HK) │ 4.037 billion yuan CNOOC (00883.HK) │ 2.789 billion yuan POP MART (09992.HK) │ 1.678 billion yuan KUAISHOU-W (010
In the "Big Banks" report, China International estimates that the net Inflow of Southbound funds to Hong Kong Stocks this year will reach 1.2 trillion yuan, urging attention to actively traded Stocks including Alibaba and others.
Bank of China International released a report stating that the stock selection of southbound funds for the stock connect between the mainland and Hong Kong has changed after the USA announced "equivalent tariffs." From 2025 to now, the Hong Kong stock market has risen in the midst of increasing volatility. As of May 9, 2025, the average daily trading volume reached 246.6 billion HKD, significantly higher than the 104 billion HKD in the same period last year and the 131.8 billion HKD for the entire year of 2024. The Hang Seng TECH Index has risen 15.94% from 2025 to now, while the Hang Seng China AH Stocks premium index has decreased from 143 points on December 31, 2024, to 1 on May 9, 2025.
The large-scale deployment of 5G-A is accelerating! The low-altitude economy, smart parks, and others are ushering in a period of Gold development.
① In terms of B-end applications, AI parks, smart factories, low-altitude economy, and smart ports have become the first to be implemented scenarios. For C-end Consumer scenarios, operators focus on differentiated experiences in business travel, live streaming, and gaming. ② Currently, ultra-large uplink and downlink, Lightweight are the main focuses of the current 5G-A promotion, while low latency with determinism and integrated sensing will be the direction for further efforts.
UBS Group's foreign fund Q1 Hold Positions update for the Chinese stock market: the overall underweight level of investors has decreased.
In the first quarter of 2025, the under-allocation of international investors in China Stocks has somewhat alleviated, with the overall under-allocation position narrowing from -1.9% to -1.5%, indicating a partial return of capital.
Express News | Eastone Century Technology: Won the bid for a 0.228 billion yuan CHINA MOBILE project.
Express News | Peking Mobile welcomes its first "dual 10 Gigabit" user, with a现场测速 wired network download speed reaching 9600Mbps.
CHINA MOBILE Hong Kong has achieved Satellite SMS communication in the central Pacific Beidou.
A new era of emergency communications has begun. Hong Kong, May 9, 2025 /PR Newswire/ -- CHINA MOBILE Hong Kong (CMHK), with its advantages of "high reliability and wide coverage," stands out in the industry once again by launching innovative Satellite Communications Services, allowing users to enjoy communication convenience anytime and anywhere, even in environments without network access. Since the launch of the Beidou SMS service at the beginning of 2025, CMHK has provided emergency support for over 0.1 million Hong Kong users, marking the entry of Hong Kong into a new era of "integrated communication between space and ground." At the end of February this year, CMHK officially announced the commencement of the Beidou SMS service.
Research Reports Treasure Digging | China Great Wall: Maintain CHINA MOBILE 'Buy' rating, the traditional Business base is stable.
Gelonghui, May 9 | China Great Wall Research Reports point out that CHINA MOBILE (600941.SH) reported a Net income of 30.6 billion yuan in the first quarter of 2025, a year-on-year increase of 3.5%; the traditional Business foundation remains stable. In the first quarter, the company's revenue from the government and enterprise market further increased. The company is accelerating the development of standardized product solutions for the commercial market scenario, continuously strengthening capabilities, optimizing value, and expanding scale. Expenses are well controlled. The company's sales/management expenses in the first quarter of 2025 were 14.4/12.9 billion yuan, a year-on-year decrease of 3.5%/1.7%. This led to an improvement in the company's Net income margin by 0.4 percentage points to 11.6%.
UBS Group has listed the stocks with the highest net Inflow from the southbound资金 this year (table).
UBS Group released a report stating that in the first quarter of this year, the inflow of southbound funds under the Stock Connect reached a historic high of 56 billion USD, with the most purchased industries including Internet, finance, and Technology. The bank listed the Stocks that have received the most inflow of southbound funds this year: Stock │ Net inflow of southbound funds (HKD) Alibaba (09988.HK) │ 86 billion Yuan Tencent (00700.HK) │ 67 billion Yuan China Mobile (00941.HK) │ 26 billion Yuan SMIC (00981.HK) │ 23 billion Yuan Bank of China (03988.HK) │ 19 billion Yuan Xiaomi-W (01810
Announcement Highlights | BEIGENE's Q1 revenue increased by about 50% year-on-year; Geely plans to privatize ZEEKR at a premium.
① BEIGENE's revenue increased by about 50% in the first quarter, what about the profit situation? ② Geely plans to privatize ZEEKR at a premium, what are the highlights?
Hong Kong stock morning report | The Federal Reserve maintained interest rates, and the three major U.S. indexes closed higher. China Concept Stocks broadly declined.
① The Federal Reserve maintained the benchmark interest rate, which met market expectations. ② Federal Reserve Chairman Powell stated that the impact of tariffs is greater than expected and there is no rush to cut interest rates. ③ The three major indexes of the U.S. stock market closed higher, while China Concept Stocks generally fell. ④ The central bank stated that it will make every effort to promote the implementation of a package of financial policies. ⑤ International crude oil and Gold Futures prices fell more than 1%.