【Hong Kong Stock Market】Iran War Concerns Ease, Hang Seng Index Rises Over 300 Points; AIA Rises Nearly 6%, HSBC Rises Over 2%, Xiaomi Rises 1% Before Earnings Release (Continuously Updated)

【Hang Seng Index / Hang Seng / HS / HSI / Hong Kong Stocks / Night Futures / ADR】Concerns over Iran war ease, Hong Kong stocks rebound nearly 450 points in half a day. The Hang Seng Index opened 377 points higher at 24,759, then fluctuated upward, rebounding 446 points in the half-day session to 24,828, with a turnover of HKD 149.59 billion. The Tech Index rose 1.4% to 4,779. AIA (01299) rose nearly 6%, HSBC (00005) up over 2%, Xiaomi (01810) gained over 1% before earnings, Zijin (02899) up over 5%, BYD (01211) up 4%, Geely (00175) nearly 3% higher, CATL (03750) rose nearly 3%, while China Oil (00857) fell over 3% against the trend.

US stocks update continuously, see details on the next page

Financial Daily:

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Market Trends:

【13:08】【Family Office】Wealth inheritance academy appoints 4 family successors. Who is Zheng Zhigang partnering with?

【13:08】CATL (03750) extended decline to 5%, bottomed at HKD 625.

【13:01】Hong Kong stocks rose about 335 points in early afternoon, to 24,717, with HKD 153.2 billion in turnover. The Tech Index up 0.8% to 4,749.

【13:00】【2097 Earnings】Mizhu Group earned 32.7% more last year, no dividend, nearly 60,000 global stores. Zhang Hongfu appointed co-chairman.

【12:49】【709 Earnings】Giordano (709) profit increased 0.5%, final dividend up 6.7% to HKD 0.064. Plans to revitalize Giordano Ladies and core brands.

【12:23】【Sports Goods Earnings】361 Degrees full-year net profit up 14% to HKD 1.3 billion, final dividend up 13% to HKD 0.113.

【12:00】 Hang Seng Index rebounds 446 points to 24,828, turnover HKD 149.59 billion. Tech Index up 1.4% to 4,779. AIA (01299) up nearly 6%, HSBC (00005) over 2%, Xiaomi (01810) over 1%, Gold Shop (06181) up over 1%, Zijin (02899) over 5%, BYD (01211) up 4%, CATL (03750) nearly 3%, China Oil (00857) down over 3%.

【11:48】【AI+9988】Alibaba DAMO Academy releases new flagship processor “Xuan Tie C950” with performance over 3 times higher than previous generation, suitable for cloud computing.

【11:47】CNOOC (00883) and PetroChina (00857) slightly weaker, CNOOC down 0.1%, PetroChina down 2%.

【11:42】CATL (03750) down nearly 3%, low at HKD 642.

【11:20】Midday close: Hang Seng up over 400 points, above 24,800.

【10:44】Market latest up about 365 points, at 24,748, HKD 107.3 billion in turnover, Tech Index up nearly 1% to 4,757.

【10:21】【HSBC】HSBC appoints David Rice as first Chief AI Officer. Ai Qiao Zhi: AI plays a key role in achieving group goals.

【10:10】【Iran Crisis】Treasury Secretary Chen Haolian: Family office inquiries are frequent; 20 offices established or expanded in the first two months of this year.

【10:00】Zijin (02899) up over 2%, Zijin Gold International (02259), Lingbao Gold (03330), Shandong Gold (01787) down 1%, China Gold (01818) down 0.1%.

【Gold Price Trend】Gold prices continue to soften after nine consecutive declines, with local gold price per two taels falling below HKD 40,000.

【09:58】WuXi AppTec (02359) up nearly 7% after earnings, high at HKD 110.5.

【WuXi earnings】WuXi PharmaTech last year profit increased 105% year-on-year, expected total revenue of RMB 51.3-53 billion by 2026.

【09:58】Henderson Land (00012) up 3% after earnings, high at HKD 31.22.

【Henderson】Last year, Henderson Land’s core profit decreased 38% to over HKD 6 billion; final dividend reduced over 41% to HKD 0.76.

【09:50】【eMPF】MPF Easy platform fee reduced to 29 cents starting April; Liu Ma Jiaxuan: fee halved compared to past administrative costs.

【09:42】Hong Kong stocks opened with gains narrowing to within 300 points, at 24,678, up 295.

【09:32】Kaleidoscope Technologies (02729) debuted at HKD 32, up 92.1% from IPO price of HKD 16.66, profit HKD 3,068 per lot of 200 shares. Zijing Holdings (02632) opened at HKD 43.9, down 0.7% from HKD 44.2, loss HKD 15 per lot of 50 shares.

【IPO】Kaleidoscope Technologies (02729) opened 92% higher, earning HKD 3,068 per lot, oversubscribed 2,152 times; Zijing Holdings (02632) opened 0.7% lower, oversubscribed 68 times.

【09:22】Hang Seng Index opened 377 points higher at 24,759, with HKD 3.92 billion in turnover, Tech Index up 1.3% to 4,773. AIA (01299) up over 4%, HSBC (00005) nearly 4%, Xiaomi (01810) up 1%, Gold Shop (06181) up 10%.

【6181 Earnings】Gold Shop last year profit increased 2.3 times, final dividend up 88% to RMB 11.95.

【09:04】Hang Seng futures up about 496 points at 24,857.

【07:45】【Morning Brief】Iranian Parliament Speaker denies negotiations with Trump｜Henderson Land last year’s core profit down 38%, final dividend down over 41% to HKD 0.76.

【07:45】Iran war concerns ease, night futures rose 881 points to 25,228, close at 25,020, up 673 points. China concept stocks index up 0.9%, closing at 6,800. Alibaba ADRs in US stocks up 3%.

More Hong Kong ADRs and Chinese concept stock quotes:

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【07:30】US President Trump claims negotiations with Iran, delaying strikes on power plants, boosting oil prices and stocks. Dow Jones rose 1,134 points to 46,712, S&P 500 up 2.2% to 6,651, Nasdaq up 2.5% to 22,189. Closing gains narrowed: Dow up 631 points at 46,208, S&P 500 up 1.1% at 6,581, Nasdaq up 1.4% at 21,946.

See US stock market close now:

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Hong Kong stocks yesterday’s market, details at: 【Hong Kong Stocks Night Futures + ADR + Northbound Funds】 Night futures close at +673 points, Alibaba US stocks high, Hong Kong +3%.