【Hong Kong Stock Market】Hang Seng Index rises over 300 points in early trading, breaks back above 26,000; Meituan rebounds over 3%, Alibaba and Xiaomi rise nearly 3%, Yiu Choi Securities resumes trading with 50% gain (constantly updated)

SocialAnxietyStaker · 2026-03-17T03:26:43+00:00

Hong Kong stocks opened higher by 104 points, with the Hang Seng Index at 25,938 points and turnover of 3.88 billion yuan. Bright Smart Securities surged over 64%, Alibaba and CATL rose slightly, and the Tech Index gained 0.5%. The broader market's gains expanded to 400 points, rebounding to the 26,100-point level, with Chow Sang Sang rising over 8% on profit warnings. US stocks also showed an upward trend.

SocialAnxietyStaker

2026-03-17 03:26:43

Abstract generation in progress

【Hang Seng Index / Hang Seng / HSIC / Hang Seng Index / HSI / Hong Kong Stocks / Night Futures / ADR】Hong Kong stocks opened higher by 100 points. The Hang Seng Index opened up 104 points, at 25,938, challenging the 26,000 level. Turnover was 3.88 billion HKD. The Tech Index rose 0.5%, at 5,137 points. Yau Tai Securities & Finance (01428) resumed trading with a gain of over 64%. Alibaba (09988) increased 0.9%. CATL (03750) rose over 1% to a new high. Baidu (09888) fell over 2% against the trend.

US stocks are continuously updating. For details, see: Next Page

Financial Diary:

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Market Trends:

【10:13】Mao Ji Kwai Chung (01716) retraced, stock price fell 10% against the trend, low of 3.2 HKD.

【10:11】New World (00017) up 0.3%, high of 9.53 HKD.

【Zheng Family】Chow Tai Fook Enterprises reportedly seeking refinancing for June maturing loans involving 7.3 billion HKD.

【10:06】Market gain expanded to 400 points, rebounding to around 26,200.

【10:04】Chow Sang Sang (00116) announced profit, stock up over 8%, high of 14.54 HKD.

【116 Profit】Chow Sang Sang expects last year’s recurring business profit to be between 1.6 and 1.7 billion HKD, a year-on-year increase of 107% to 120%.

【10:00】Hong Kong stocks rose over 300 points early, back above 26,000, Hang Seng at 26,161, up 327 points, turnover 59.7 billion HKD. The Tech Index up 1.7%, at 5,199. Alibaba (09988), Xiaomi (01810) rose nearly 3%, Meituan (03690) up over 3%.

【AI Agent】Alibaba establishes Alibaba Token Hub business group.

【09:43】Leapmotor (09863) rose over 4% after earnings, high of 46.66 HKD.

【09863 Earnings】Leapmotor turned profitable last year, earning over 500 million RMB, exploring diversified cooperation with Stellantis in vehicles and parts.

【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) down 1%.

【Gold Price Trend】Gold remains near $5,000, with USD softening, market assessing emergency oil reserve releases.

【09:22】Hang Seng Index opened up 104 points, at 25,938, challenging 26,000. Turnover was 3.88 billion HKD. The Tech Index rose 0.5%, at 5,137. Yau Tai Securities & Finance (01428) resumed trading with a gain of over 64%. Alibaba (09988) increased 0.9%, CATL (03750) rose over 1% to a new high, Baidu (09888) fell over 2% against the trend.

【1428】NDRC “green light” for Ant Group to acquire shares in Yau Tai Securities, resumption on 3/17.

【09:04】Hang Seng Futures up about 52 points, at 25,852.

【07:47】【Xi-Trump Meeting】Trump delays China visit by about a month, citing ongoing war and no tricks involved.

【07:45】【Morning Brief】Huang Renxun predicts next year’s chip revenue may reach 1 trillion USD, possibly "still too conservative"｜NDRC approves Ant Group’s shareholding in Yau Tai Securities｜Google to expand Gemini to all Hong Kong users.

【07:45】Oil prices and US dollar index continue to decline. Night futures close up 143 points, at 25,894. China concept stocks’ gains narrowed to 1%, at 7,215. Baidu US stocks down 3%.

| ADR | HKD Equivalent | Change from HK Market Close | | Baidu US | 119.22 | -3.00% | | Meituan ADR | 77.68 | -0.79% | | Tencent ADR | 562.77 | +0.77% | | HSBC ADR | 125.77 | +1.18% | | Alibaba US | 133.81 | -0.14% |

More Hong Kong ADRs and Chinese concept stocks quotes:

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【07:30】As G7 major countries start releasing oil reserves, short-term supply is sufficient, but Iran crisis continues to trouble markets. Trump stated he has proposed to China to delay his and President Xi Jinping’s summit by about a month, as staying in Washington to command the Iran war is very important to him. The delay reflects Trump’s expectations on the duration of the Iran conflict. Dow Jones up 387 points, at 46,946; S&P 500 up 1%, at 6,699; Nasdaq up 1.2%, at 22,374.

See US stock market close:

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Hong Kong stocks yesterday’s market situation, details please see: 【Hong Kong Night Futures + ADR + Northbound Funds】 Night futures closed up 143 points, Baidu US stocks underperform Hong Kong by 3%.

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