Northbound funds | North water turnover net buying 7.566 billion, Gaode released Gaode Street Scan List, domestic capital increased its holdings in Alibaba (09988) by over 4.5 billion Hong Kong dollars.

On September 10th in the Hong Kong stock market, Beishui had a net purchase of 7.566 billion Hong Kong dollars, with a net purchase of 2.536 billion Hong Kong dollars through the Shanghai-Hong Kong Stock Connect and a net purchase of 5.03 billion Hong Kong dollars through the Shenzhen-Hong Kong Stock Connect. The stocks with the highest net purchases by Beishui are BABA-W (09988), BILIBILI-W (09626), and CSOP Hang Seng TECH Index ETF (03033). The stocks with the highest net sales by Beishui are XIAOMI-W (01810) and Tencent (00700). Active trading stocks through the Shanghai-Hong Kong Stock Connect Active trading stocks through the Shenzhen-Hong Kong Stock Connect BABA-W (09988) had a net purchase of 4.511 billion Hong Kong dollars. In terms of news, on September 10th, Alibaba's map app announced the launch of the first global list based on user behavior called the "Amap Street List." Amap also initiated the "Fireworks Good Store Support Program" to encourage users to consume in-store by providing over 1 billion yuan in subsidies and other measures, aiming to bring in 10 million customers to offline dining and other service industries every day. According to reports, Amap covers over 7 million restaurant locations nationwide, with over 120 million daily searches for life services and navigation to 13 million life service destinations. BILIBILI-W (09626) had a net purchase of 3.62 billion Hong Kong dollars. In terms of news, the Three Kingdoms-themed strategy competition card game "Three Kingdoms Hundred Generals Card" released its first promotional video today. Goldman Sachs released a research report stating that Bilibili participated in the Goldman Sachs Asia Pacific Leaders Forum, where the company discussed the game product line and distribution schedule. The company views "Three Kingdoms Hundred Generals Card" as an asymmetrical strategy leisure card game and expects it to become a major work with a daily active user base reaching millions by the Spring Festival of 2026. Semiconductor Manufacturing International Corporation (00981) had a net purchase of 1.61 billion Hong Kong dollars. In terms of news, Shanghai Securities stated that advanced processes are still strategic strongholds in the global semiconductor industry competition, while mature processes are important profit pillars for steady income. The bank believes that for Semiconductor Manufacturing International Corporation, its core competitiveness lies in whether it can continuously guarantee stable supply of existing product capacity and gradually realize the iteration and upgrade to high-end technology nodes. The acquisition of Northern Microelectronics will not only help further enhance the company's overall production capacity but also positively influence the optimization of its product structure and the extension of its technology. GUOTAI JUNAN I (01788) had a net purchase of 25.67 million Hong Kong dollars. In terms of news, GUOTAI JUNAN I previously announced that Guotai Haitong Group's subsidiary, GUOTAI JUNAN I Holdings Limited, officially launched cryptocurrency trading services for Hong Kong investors to meet the growing demand for the cryptocurrency market. The announcement stated that once clients successfully open a cryptocurrency account, they can immediately trade various cryptocurrencies including Bitcoin and Ethereum. XIAOMI-W (01810) had a net sale of 4.4 billion Hong Kong dollars. In terms of news, an internal email from Xiaomi Group's Professional Ethics Committee on September 8th showed that Wang Teng, an employee of the China Market Department, was dismissed for serious violations of company confidential information and conflict of interest. According to Wang Teng's Weibo certification information, Wang Teng served as the General Manager of the China Market Department and REDMI Brand Manager. His job level was 21, as a mid-level management cadre. Additionally, CSOP Hang Seng TECH Index ETF (03033) and CNOOC (00883) had net purchases of 177 million and 154 million Hong Kong dollars respectively. Tencent (00700) had a net sale of 71.09 million Hong Kong dollars.