GMT EIGHT - Market

LSV Asset Management decreased its holdings of Sinotrans Limited (00598) by 2.108 million shares, with an average price of approximately 3.79 Hong Kong dollars per share.

According to the latest data from the Hong Kong Stock Exchange, on March 28, LSV Asset Management reduced its holdings of Sinotrans Limited (00598) by 2.108 million shares, with a price per share of HK$3.7853, totaling approximately HK$7.9794 million. After the reduction, the latest number of shares held is approximately 143 million, with a new holding percentage of 6.99%.

01/04/2025

GIC Private Limited reduces its stake in Zijin Mining Group (02899) by 5,422,000 shares, at a price of approximately HK$17.79 per share.

According to the latest data from the Hong Kong Stock Exchange, on March 27, GIC Private Limited reduced its holdings of Zijin Mining Group (02899) by 5,422,000 shares, at a price of 17.7906 Hong Kong dollars per share, for a total amount of approximately 96.46 million Hong Kong dollars. After the reduction, the latest number of shares held is approximately 358 million shares, with a new shareholding proportion of 5.99%.

01/04/2025

Chairman and CEO Duan Chuanliang increases his holdings in CHINA WATER (00855) by 330,000 shares, with each share priced at HKD 6.68.

According to the latest information from the Hong Kong Stock Exchange, on March 31, Chairman and Executive Director Duan Chuanliang increased his holdings of CHINA WATER (00855) by 330,000 shares, with a price of 6.68 Hong Kong dollars per share, totaling approximately 2.2044 million Hong Kong dollars. After the increase, the latest number of shares held is approximately 445 million shares, and the latest shareholding ratio is 27.29%.

01/04/2025

JPMorgan Chase increased its holdings in Jiangsu Express (00177) by 2.436 million shares at a price of approximately HK$9.15 per share.

According to the latest information from the Hong Kong Stock Exchange, on March 27, J.P. Morgan increased its holdings in JIANGSU EXPRESS (00177) by 2,436,000 shares at a price of HK$9.1455 per share, totaling approximately HK$22.2784 million. The latest number of shares held after the increase is approximately 75,188,300 shares, with the latest holding percentage being 6.15%.

01/04/2025

Chairman and Executive Director Qu Jiguang increases his holdings in SSY GROUP (02005) by 1.4 million shares at an average price of approximately 3.37 Hong Kong dollars per share.

According to the latest information from the Hong Kong Stock Exchange, on April 1st, Chairman and CEO Joseph Law Kwok Kwan increased his holdings of SSY GROUP (02005) by 1.4 million shares at a price of 3.3742 Hong Kong dollars per share, with a total amount of approximately 4.7239 million Hong Kong dollars. After the increase, the latest number of shares held is 1.154 billion shares, and the latest shareholding ratio is 39.05%.

01/04/2025

Sands Frank Melville Jr. increased his holdings of Hangzhou Tigermed Consulting (03347) by 435,200 shares at a price of approximately HK$35.40 per share.

According to the latest data from the Hong Kong Stock Exchange, Sands Frank Melville Jr. increased his holdings of Hangzhou Tigermed Consulting (03347) by 435,200 shares on March 27, at a price of HK$35.4043 per share, for a total amount of approximately HK$154.08 million. After the increase, the latest number of shares held is approximately 11,371,500, which represents a new ownership percentage of 9.24%. This transaction involves other related parties: Sands Capital Management, LLC, Sands Capital Management, LP, and Sands Family Trust, LLC.

01/04/2025

Chairman of the Board Huang Weichang increased his holdings of LUK FOOK HOLD (00590) by 159,000 shares, with an average price of approximately 14.87 Hong Kong dollars per share.

According to the latest information from the Hong Kong Stock Exchange, on March 27, Chairman Huang Weichang increased his stake in LUK FOOK HOLD (00590) by 159,000 shares, with a price of 14.8674 Hong Kong dollars per share, totaling approximately 2.3639 million Hong Kong dollars. After the increase, the latest number of shares held is approximately 261 million shares, with the latest shareholding ratio at 44.42%.

01/04/2025

Pioneer Top Holdings Limited increased its holdings in CHINA XLX FERT (01866) by 1,013,000 shares, at an approximate price of HK$4.15 per share.

According to the latest data from the Hong Kong Stock Exchange, on March 31st, Pioneer Top Holdings Limited increased its holdings in CHINA XLX FERT (01866) by 1.013 million shares, at a price of 4.1548 Hong Kong dollars per share, with a total amount of approximately 4.2088 million Hong Kong dollars. After the increase, the latest number of shares held is approximately 429.5 million shares, with a shareholding ratio of 33.47%. This transaction involves other related parties: Mr. Liu Xingxu. Additional information: Mr. Liu Xingxu beneficially owns 42% of the equity interest in Pioneer Top Holdings Limited. He is irrevocably granted the absolute discretion to exercise the voting rights and the rights to the day-to-day management of Pioneer Top Holdings Limited.

01/04/2025

Northbound funds | Net buying of 19.864 billion yuan in the North Water transaction, domestic capital once again sought after Hong Kong stock ETF, aggressively subscribing to 8.3 billion Hong Kong dollars in the Tracker Fund of Hong Kong (02800).

On April 1st, in the Hong Kong stock market, the net purchase of Northbound funds was 19.864 billion Hong Kong dollars. Among them, the net purchase of Shanghai-Hong Kong Stock Connect was 11.905 billion Hong Kong dollars, and the net purchase of Shenzhen-Hong Hong Stock Connect was 7.958 billion Hong Kong dollars. The stocks with the most net purchases by Northbound funds were TRACKER FUND OF HONG KONG (02800), Hang Seng H-Share Index ETF (02828), and BABA-W (09988). The stocks with the most net sales by Northbound funds were XIAOMI-W (01810) and LAOPU GOLD (06181). Active trading stocks for Shanghai-Hong Kong Stock Connect Active trading stocks for Shenzhen-Hong Kong Stock Connect Throughout the day, Northbound funds aggressively bought Hong Kong ETFs. TRACKER FUND OF HONG KONG (02800) and Hang Seng H-Share Index ETF (02828) received net purchases of 8.287 billion and 2.78 billion Hong Kong dollars respectively. On the news front, Founder released a research report stating that the logic behind the current rise in Hong Kong stocks has not been broken, with overall valuations in the Hong Kong stock market currently at historical average levels and not at extreme levels. Looking ahead, the bank believes that with the improvement in the Chinese economy, the bottoming out of listed company earnings, overall favorable liquidity environment, and catalysts in the technology industry, the attractiveness of Chinese assets is expected to continue to rise, driving the Hong Kong stock market to continue its positive momentum. BABA-W (09988) received net purchases of 819 million Hong Kong dollars. According to Sina Technology, Alibaba is reportedly set to launch a new model, Qwen3, in the second week of April 2025, which will be Alibaba's most important model product in the first half of 2025. The report indicates that after the release of DeepSeek-R1, Alibaba Cloud's basic model team is further focusing on the reasoning capabilities of models. Upon verification with Alibaba Cloud, as of the publication, there has been no official response. XPENG-W (09868) received net purchases of 792 million Hong Kong dollars. In terms of news, XPENG Motors announced its latest delivery performance. In March, XPENG Motors delivered a total of 33,205 intelligent electric vehicles, a year-on-year increase of 268%. XPENG Motors has delivered over 30,000 vehicles for the fifth consecutive month. In the first quarter of 2025, XPENG Motors delivered a total of 94,008 new vehicles, a year-on-year increase of 331% and a month-on-month increase of 2.7%, reaching a historic high, exceeding the first quarter delivery guidance. POP MART (09992) received net purchases of 390 million Hong Kong dollars. BOCOM INTL believes that POP MART's financial performance exceeded expectations last year, with revenue increasing by 106.9% year-on-year, gross profit margin increasing to 66.8%, and net profit margin at 25.4%. The dividend payout ratio is 35%, consistent with 2023. The bank pointed out that POP MART's mainland China market revenue increased by 52.3% year-on-year. Among them, offline channel revenue grew by 41%, retail stores and Siasun Robot & Automation stores continued to grow rapidly, with year-on-year increases of 44% and 26% respectively; online channel revenue increased by 77% year-on-year. Overseas markets increased significantly year-on-year by 375.2%. Southeast Asian and North American markets showed particularly strong performance, with 6-fold and 5-fold growth respectively. INNOVENT BIO (01801) received net purchases of 255 million Hong Kong dollars. According to Morgan Stanley, INNOVENT BIO's 2024 financial performance was outstanding, with license fee revenue exceeding market expectations, increasing by 146% year-on-year. By improving efficiency and cost control measures, the company successfully increased gross profit margin and reduced operating expenses, achieving positive non-IFRS adjusted net profit and EBITDA for the first time, a milestone in the company's development. Therefore, JP Morgan has also raised its product sales forecast and anticipates that the company will achieve international financial reporting standard net profit in 2025, turning losses into profits, further boosting market confidence. XIAOMI-W (01810) experienced net sales of 612 million Hong Kong dollars. In terms of news, regarding the incident of a Xiaomi SU7 collision fire, a Xiaomi spokesperson formally announced detailed information today. The spokesperson stated that a special group was established immediately and went to Tongling on the 30th, actively cooperating with the police's investigation, evidence collection, and submitted vehicle travel data and system operation information to the police on the 31st. Xiaomi stated that it will continue to fully cooperate with the police's work and strictly follow the investigation results to ensure transparent handling of the incident. In addition, Tencent (00700) and Semiconductor Manufacturing International Corporation (00981) received net purchases of 75.74 million and 15.33 million Hong Kong dollars respectively. LAOPU GOLD (06181) experienced net sales of 157 million Hong Kong dollars.

01/04/2025

Huang Shanzhong increased his holding of TAT HONG EQUIP (02153) by 940,000 shares, with an estimated price of approximately 1.36 Hong Kong dollars per share.

According to the latest data from the Hong Kong Stock Exchange, on March 27th, Wong Shan Chung increased his holdings of TAT HONG EQUIP (02153) by 940,000 shares, at a price of 1.3557 Hong Kong dollars per share, for a total amount of approximately 1.2744 million Hong Kong dollars. After the increase, the total number of shares held by him is now 854 million, with a shareholding proportion of 73.23%.

01/04/2025

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