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【HK Stocks Night Futures + ADR + Northbound】HSBC ADR 2% Higher than HK Stock, Night Futures Down 46 Points (Continuous Update)
【Hang Seng Index / Hang Seng / HSIC / Hang Seng Index / HSI / Hong Kong Stocks / Night Futures / ADR】 Iran’s conflict continues, awaiting the Federal Reserve’s rate decision this week. Night futures down 46 points, at 25,843 points. China concept stocks index down 0.7%, at 7,168 points. HSBC ADR up 1.6% compared to Hong Kong stocks.
| ADR | HKD Conversion | Change from Hong Kong Close | | Meituan ADR | 79.73 | -0.33% | | Tencent ADR | 549.01 | -0.18% | | HSBC ADR | 126.74 | +1.56% | | Alibaba US Stock | 133.89 | -0.52% |
Northbound funds nearly HKD 11.5 billion, about HKD 11.1 billion sold in index ETFs, over HKD 1.2 billion bought in Yau Chai
Northbound funds HKD 11.48 billion, mainly selling index ETFs, Tencent ETF (02800) saw HKD 8.82 billion outflow. HKD 1.82 billion net sell in Southbound Hang Seng Tech (03033). Also HKD 460 million net sell in Longfei Optical Fiber (02829) and Tencent (00700), with HKD 700 million and HKD 630 million net sell respectively. Conversely, Yau Chai Securities Finance (01428) after resumption attracted HKD 1.23 billion net buy, Xiaomi (01810) and Alibaba (09988) both net bought HKD 300 million each.
Hang Seng Index rises 34 points, regains 26,000; Meituan rebounds 2%; Yau Chai Securities surges over 46%; McDonald’s Hong Kong pulls back 20%
Hong Kong stocks stabilize but haven’t settled above 26,000. Hang Seng Index opens 104 points higher at 25,938, reaching a high of 26,250 early, then gradually narrowing gains. Closes up 34 points at 25,868, with HKD 268.26 billion in turnover. Tech index down nearly 0.1%, at 5,107 points. Yau Chai Securities (01428) after resumption up over 46%, Meituan (03690) up 2%, Tencent (00700) down over 1%, Geely (00175) up over 4%, Xunlei (03317) surges over 30%.
US stocks update continuously, see next page for details
Financial Daily:
Market in Motion:
【19:35】 Hang Seng Night Futures up 68 points, at 25,957.
【18:29】【2013 Earnings】 Weimob adjusted net profit HKD 42.4 million, first annual profit since listing; operating cash flow turns positive.
【18:10】【Tencent-related earnings】 China Literature adjusted profit HKD 860 million, down 24.8% YoY.
【18:02】【TME earnings】 Tencent Music pre-market down 1%; Q4 adjusted EPS up 9%; final dividend up 33% to 12 cents.
【17:58】【McDonald’s Hong Kong 1716】 Resumption day, Ken Sir clears HKD 24.5 million.
【17:45】【Property sector warning】 Sunac China’s loss narrowed sharply to HKD 12 billion, due to offshore debt restructuring gains.
【17:40】【Shareholding concentration】 CSRC flags Zhongju Investment’s high shareholding, less than 10% free float, potential volatility risk.
【17:30】 Sunshine Insurance announces 2025 results: “New Sunshine Strategy” deepened, writing a new chapter of responsibility.
【17:15】【HK dollar fixed deposit】 HKD fixed deposit rates from 15 to 21 cents; 18 banks offer quick rates, review one by one.
【16:56】【823 major bank report】 Link REIT’s Q3 rent renewal rate worsened to -9.7%; broker notes sale of non-core assets is strategic focus, buyback possibilities increase.
【16:45】【2638 earnings】 CLP’s net profit last year increased 1.2% to over HKD 3.1 billion; final dividend 16.09 cents; gas-fired power accounts for about 69%.
【16:10】 Hang Seng Index up 34 points, at 25,868; turnover HKD 268.26 billion; Tech index down nearly 0.1%, at 5,107. Yau Chai Securities (01428) after resumption up over 46%, Meituan (03690) up 2%, Tencent (00700) down over 1%, Geely (00175) up over 4%, Xunlei (03317) surges over 30%.
【16:00】 Hang Seng U-Share futures up 61 points, at 25,895; turnover HKD 259.07 billion.
【15:45】 Sinopec Refining & Chemical (02386) down over 3%, low at HKD 6.26.
【2386】 Sinopec Refining & Chemical’s special dividend due to two-year contracts exceeding HKD 100 billion; Middle East projects temporarily paused, no major impact on earnings.
【15:38】 Hong Kong stocks continue to rise about 25 points into the close.
【15:14】 Longfor Fiber Optic Cable (06869) down over 12%, low at HKD 140.
【15:12】 Tencent (00700) to announce earnings tomorrow; down over 1%. Alibaba (09988) up 0.7%. Meituan (03690) up 2%. Xiaomi (01810) up 0.2%.
【14:50】 Market latest up about 25 points; Tech index down 0.3%.
【14:39】 HKEX (00388) afternoon down 0.4%, low at HKD 403.6.
【14:08】【Private Credit】 HKMA probing private banks on private credit risk scale; private bankers arrange activities to soothe investor sentiment.
【13:45】 Hang Seng’s gain narrows further to about 100 points, at 25,935; back below 26,000.
【13:42】【IPO】Bloomberg reports China restricts Red Chip companies from listing in Hong Kong; suggests dismantling Red Chip structures.
【13:28】 Market gain narrows to about 170 points, struggling around 26,000.
【13:11】 McDonald’s Hong Kong 1716 drops over 18%, low at HKD 3.15.
【13:02】 Hang Seng early afternoon up about 246 points, at 26,080; turnover HKD 142.9 billion; Tech index up 1.2%, at 5,172.
【13:01】 HKEX (01044) post-earnings gain expands; early afternoon up over 4%, high at HKD 28.92.
【12:55】【9988 analysis】 Alibaba “three consecutive rises” ahead of earnings release Thursday; analysis: “Aircraft carrier-style business” rebounds to half of January high, nearly 10% return.
【12:49】【AI+9988】 Alibaba up over 2%; launches global enterprise platform “Wukong.”
【12:38】【1810】 Xiaomi shares up 2% again; new SU7 launched Thursday, first with Xiaomi Jiao Long chassis. Lei Jun personally explains why “Asian flyer” Su Bingtian is brand ambassador.
【12:26】【Hong Kong stocks analysis】 Hong Kong stocks rose over 400 points with external markets; Fuchang: Middle East instability may boost local investment, “personal safety” becomes an advantage.
【12:01】【Blue-chip 1044 earnings】 Heng An International’s annual profit up 10% YoY, maintains final dividend of HKD 0.7.
【12:00】 Half-day HK stocks up 254 points, at 26,088; back above 26,000. Turnover HKD 140.18 billion; Tech index up 1.3%, at 5,180. Meituan (03690) up nearly 4%, Alibaba (09988), Xiaomi (01810) up over 2%, Geely (00175) up over 5%, Pop Mart (09992) up over 4%, CATL (03750) up to HKD 685, then retraced 2%. CNOOC (00883) down 3%, PetroChina (00857) down over 1%. Yau Chai Securities (01428) after resumption surged nearly 66%.
【11:31】【Iran situation】 John Lee: Government monitors price changes, ensures stable energy supply; collusion in pricing will be handled legally.
【11:23】 CNOOC (00883) down 4%, low at HKD 28.26; PetroChina (00857) down over 1%.
【11:16】【1211 analysis】 BYD included in NVIDIA’s autonomous driving partnership; stock rebounds to red-chip level. Fuchang: fierce domestic competition, overseas expansion attractive.
【11:03】【AI+9988】 Baidu Xiaodu to launch “Home-use Little Lobster”: “Available anytime, for the whole family, in a closed loop.”
【10:57】 CK Hutchison (00001) up over 1%, high at HKD 60.1.
【Hutchison sells ports】 HK-based Panama port company: Panama government’s improper takeover persists for weeks, ignoring rule of law, refusing to return investors’ assets.
【10:44】【NVIDIA】 Nvidia partners with BYD, Geely to develop L4 autonomous vehicles.
【10:32】 Hang Seng initially up 416 points, high at 26,250; latest up about 321 points, at 26,155. Meituan (03690) up over 4%, Yau Chai (01428) up 71%.
【10:32】 Longfor Fiber Optic Cable (06869) down over 7%, low at HKD 142.2.
【10:13】 McDonald’s Hong Kong 1716 retraces, down 10%, low at HKD 3.2.
【10:11】 New World (00017) up 0.3%, high at HKD 9.53.
【Chow Tai Fook family】 Chow Tai Fook Enterprises reportedly seeks refinancing for HKD 730 million maturing in June.
【10:06】 Market gain expands to 400 points, back above 26,200.
【10:04】 Chow Sang Sang (00116) profit alert, up over 8%, high at HKD 14.54.
【09:43】 Profit alert for Chow Sang Sang: last year’s profit from core operations HKD 1.6-1.7 billion, up 107-120% YoY.
【10:00】 Morning HK stocks up over 300 points, back above 26,000; Hang Seng at 26,161, up 327; turnover HKD 59.7 billion; Tech index up 1.7%, at 5,199. Alibaba (09988), Xiaomi (01810) up nearly 3%; Meituan (03690) up over 3%.
【AI Agent】 Alibaba establishes Alibaba Token Hub business group.
【09:43】 Leapmotor (09863) up over 4% after earnings, high at HKD 46.66.
【9863 earnings】 Leapmotor turned profitable last year, earning over RMB 500 million; exploring diversified cooperation with Stellantis.
【09:43】 Zijin (02899) up 0.4%; Zijin Gold International (02259) up 0.5%; Zhaojin (01818) up 0.5%; Shandong Gold (01787) up 0.4%; Lingbao Gold (03330) up 0.4%; Silver Price down 1%.
【Gold Price Trend】 Gold remains near $5,000 level; USD weakens, market assesses emergency oil reserve releases.
【09:22】 Hang Seng opens 104 points higher, at 25,938; challenges 26,000; turnover HKD 3.88 billion; Tech index up 0.5%, at 5,137. Yau Chai Securities (01428) after resumption up over 64%, Alibaba (09988) up 0.9%, CATL (03750) up over 1% to new high, Baidu (09888) down over 2% against the trend.