Southbound Trading Inflows: SMIC (00981.HK) saw a significant net inflow of HKD461.8 million, while CHINA MOBILE (00941.HK) experienced a net outflow of HKD599.8 million during Southbound Trading.

Short Selling Activity: Notable short selling figures included HUA HONG SEMI (01347.HK) with $393.71 million and MEITUAN-W (03690.HK) with $565.72 million, indicating high trading activity and investor sentiment.

Most Active Stocks: In the Shanghai-Hong Kong Stock Connect, SMIC was the most active stock with a net inflow of HKD521.3 million, while MEITUAN-W had the highest net outflow of HKD404.6 million.

Overall Trading Summary: The total Southbound Trading net outflow was HKD0, accounting for 44.71% of the total transaction amount of HKD100.9 billion, reflecting a balanced trading environment.

Stock Performance: UBTECH ROBOTICS shares opened 2.85% higher, reaching a peak of HK$143, and last traded at HK$141.5, reflecting a 6.23% increase with significant turnover.

Partnership with Airbus: UBTECH ROBOTICS has signed a service agreement with Airbus to supply its Walker S2 humanoid robot for use in manufacturing plants, with plans to expand humanoid robot applications in aviation manufacturing.

Collaboration between Airbus and UBTECH ROBOTICS: Airbus has signed a service agreement with UBTECH ROBOTICS to utilize their humanoid robot, Walker S2, in manufacturing plants, aiming to expand the use of humanoid robots in aviation manufacturing.

Expansion of UBTECH's Applications: Following a partnership with Texas Instruments, UBTECH ROBOTICS is broadening the application of humanoid robots across five major global sectors, including aviation, automotive, electronics, smart logistics, and semiconductor manufacturing.

Cooperation Agreement: UBTECH Robotics has signed a cooperation framework agreement with the National Robot Test and Assessment Center (Guangzhou) to enhance humanoid robot product development and testing certification.

Technology Service Platform: The partnership aims to create a technology service platform for pilot testing and quality improvement of core robot components, including systematic verification tests and standard setting.

China's GDP Growth Outlook: KGI estimates that external pressures will slow China's GDP growth to 4.6% this year, despite reduced risks from recent trade agreements.

HSI Forecast: KGI maintains a bullish outlook for the Hang Seng Index (HSI), predicting that Fed rate cuts will attract capital back into H- and A-shares, with a year-end target of 30,000, indicating a potential 14% increase.

Stock Recommendations: KGI has recommended 12 major stocks, including XPENG-W, UBTECH ROBOTICS, TENCENT, and BABA-W, highlighting their performance and short selling ratios.

Market Sentiment: The report reflects a positive sentiment towards the Chinese A-share market, driven by anticipated earnings growth, as noted by Jefferies.