Today, Beijing Capital sold a net of 6.304 billion yuan of A-shares. Among them, Shanghai Stock Connect had net sales of 2.134 billion yuan and Shenzhen Stock Connect had net sales of 4.170 billion yuan.

Ningde Times, Longji Green Energy, and Zijin Mining received net sales of 806 million yuan, 364 million yuan, and 298 million yuan respectively. China Merchants Bank, Kweichow Moutai, and Gree Electric received net purchases of 40 billion yuan, 289 million yuan, and 228 million yuan respectively.

Southwest Capital made a net purchase of HK$6.505 billion in Hong Kong stocks today. Among them, Hong Kong Stock Connect (Shanghai) made net purchases of HK$3.206 billion and Hong Kong Stock Connect (Shenzhen) made net purchases of HK$3,299 billion.

Net purchases of Bank of China are 903 million, China Mobile is 841 million, Agricultural Bank of China is 632 million, Tencent 457 million, China Shenhua 448 million, China Construction Bank 223 million, Industrial and Commercial Bank of China is 156 million, and Hong Kong Stock Exchange is 154 million; net sales of Kuaishou are 459 million and CNOOC 392 million.

According to statistics, Southbound Capital has increased China Mobile's holdings for 4 consecutive days, totaling HK$1,312.92 billion; reduced CNOOC's holdings for 6 consecutive days, totaling 1,694.38 billion yuan; and Kuaishou reduced its positions for 5 consecutive days, totaling HK$1,4153.4 billion.

Nanshui focuses on individual stocks

Ningde eraToday it's down 2.82%. In terms of news, Ningde Times said on an interactive platform that the company's condensed battery energy density can reach up to 500 Wh/kg. It is undergoing cooperative development of civil electric manned aircraft projects to implement aerospace-grade standards and tests to meet aerospace-grade safety and quality requirements. At the same time, it will also launch a vehicle-grade application version of the condensed battery.

Kweichow MoutaiIt's down 0.97% today. On the afternoon of May 9, Kweichow Moutai held an online briefing on the results of 2023 and the first quarter of 2024. In response to the problem that the net profit growth rate in the first quarter of 2024 was lower than the revenue growth rate, Kweichow Moutai said that the net profit growth rate in the first quarter was lower than the revenue growth rate. First, due to the re-approval of the minimum consumption tax base price for some products, tax base increases, tax and additional growth; second, sales expenses due to increased marketing efforts.

Gree ElectricToday's increase was 1.27%. In terms of news, the organizational structure and personnel of Gree Electric's household appliances division have changed. According to the “Notice Concerning the Establishment of the Household Appliances Management Department” and the “Notice Concerning the Appointment of Comrade Lu Luqun” issued by Gree Electric, in order to advance and strengthen the development of the domestic household appliances business, the company decided to merge the functions and personnel of the household air conditioning and small household appliances business department and the refrigeration and household appliances management department to establish a household appliances business department. According to the company's notice, the manager of Zhuhai Huange Digital Technology Co., Ltd. appointed Lu Luqun as the sales director of the Household Appliance Management Department, in charge of the Household Appliance Management Department. The trial period is half a year to one year.

Beishui focuses on individual stocks

Bank of ChinaToday's increase of 3.31%,Agricultural BankToday's increase of 5.06%,China MobileToday's increase was 4.82%. A piece of news about “the dividend tax to be paid by mainland individual investors to invest in Hong Kong stocks may be considered for reduction” is rapidly circulating in the industry. Stimulated by this news, the Hong Kong stock high-dividend concept stocks exploded collectively today. Banks, insurance, the three major operators, and “three barrels of oil” all ushered in a sharp rise.

TencentToday's increase was 0.32%. Tencent will announce its results for the first quarter of 2024 on May 14. Regarding the upcoming first-quarter earnings report, the market generally predicts that Tencent is expected to achieve revenue of RMB 158.583 billion, an increase of 5.73% over the previous year; earnings per share will be 3.69 yuan, an increase of 39.66% over the previous year.