【Hong Kong Stock Market】Hang Seng Index Gains Narrow to Within 100 Points, 26,000 Level Lost and Regained; Meituan Rebounds 2%; Yao Cai Securities Surges 50% Upon Resumption of Trading, Maoji Kwai Chung Retreats 20% (Continuously Updated)

【Hang Seng Index / Hang Seng / HSIC / Hang Seng / HSI / Hong Kong Stocks / Night Futures / ADR】 Hong Kong stocks rose about 250 points in the half-day session, back above 26,000. The Hang Seng Index opened 104 points higher at 25,938, reaching a high of 26,250 earlier, then retreated. The index gained 254 points in the half-day, closing at 26,088, above 26,000, with a turnover of HKD 140.18 billion. The Tech Index rose 1.3% to 5,180 points. Meituan (03690) rose nearly 4%, Alibaba (09988), Xiaomi (01810) up over 2%, Geely (00175) up over 5%, Pop Mart (09992) up over 4%, CATL (03750) hit a new high of HKD 685 before falling back 2%. CNOOC (00883) fell 3%, PetroChina (00857) down over 1%, Yau Tai Securities (01428) surged nearly 66% after resumption.

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

Financial Daily:

▼Click the image to enlarge

Market Trends:

【14:08】【Private Credit】HKMA reportedly assessing private banking risks, private bankers arranging activities and reassuring investors.

【13:45】Hang Seng Index’s gains further narrowed to about 100 points, at 25,935, falling below 26,000.

【13:42】【IPO】Bloomberg: China restricts red-chip companies from listing in Hong Kong; suggests dismantling red-chip structures.

【13:28】Market gain narrowed to about 170 points, struggling at the 26,000 mark.

【13:11】Mao Ji Kwai Chung (01716) fell over 18%, to a low of HKD 3.15.

【13:02】Hang Seng Index rose about 246 points in early afternoon, at 26,080, with HKD 142.9 billion in turnover. The Tech Index up 1.2% to 5,172.

【13:01】Hengan International (01044) post-earnings surge, up over 4% in early afternoon, reaching HKD 28.92.

【12:55】【9988 Analysis】Alibaba’s “three consecutive rises” ahead of Thursday’s earnings report. Analysis: “Aircraft carrier-style business” rebounded to half of January’s high, nearly 10% return.

【12:49】【AI+9988】Alibaba up over 2%, launching the world’s first enterprise-level Agent platform “Wukong.”

【12:38】【1810】Xiaomi shares up another 2%. New generation SU7 to be released Thursday, featuring Xiaomi Jiao Long chassis. Lei Jun personally explains why “Asian Flying Man” Su Bingtian is the ambassador.

【12:26】【HK Stock Analysis】 HK stocks initially rose over 400 points with external markets; Fuchang: Middle East instability may boost local investment markets, “personal safety” becomes an advantage.

【12:01】【Blue Chip Earnings】Hengan International’s full-year profit up 10% year-on-year, maintaining a final dividend of HKD 0.7.

【12:00】 Half-day rise of 254 points in Hang Seng, at 26,088, above 26,000, with HKD 140.18 billion in turnover. Tech Index up 1.3% to 5,180. Meituan (03690) rose nearly 4%, Alibaba (09988), Xiaomi (01810) up over 2%, Geely (00175) up over 5%, Pop Mart (09992) up over 4%, CATL (03750) hit a high of HKD 685 before falling back 2%. CNOOC (00883) down 3%, PetroChina (00857) down over 1%, Yau Tai Securities (01428) surged nearly 66% after resumption.

【11:31】【Iran Situation】John Lee: Government monitors price changes, ensures stable energy supply; collusion in pricing will be dealt with according to law.

【11:23】CNOOC (00883) fell 4% to HKD 28.26, PetroChina (00857) down over 1%.

【11:16】【1211 Analysis】BYD included in NVIDIA’s autonomous driving partnership; stock rebounded to red-chip level. Fuchang: Domestic competition remains fierce, overseas expansion attractive.

【11:03】【AI+9888】Baidu Xiaodu to launch “Home-use Little Lobster”: “Available anytime, for the whole family, in a closed loop.”

【10:57】CK Hutchison (00001) shares up over 1%, reaching HKD 60.1.

【CK Hutchison sells ports】CKH’s Panama port subsidiary: After weeks of illegal takeover by the Panamanian government, they continue to ignore the rule of law and refuse to return investors’ assets.

【10:44】【NVIDIA】NVIDIA collaborates with BYD, Geely, and other automakers to develop L4 autonomous vehicles.

【10:32】Hang Seng Index once rose 416 points, reaching 26,250; latest up about 321 points, at 26,155. Meituan (03690) up over 4%, Yau Tai (01428) up 71%.

【10:32】Longfor Fibernet (06869) fell over 7%, low of HKD 142.2.

【10:13】Mao Ji Kwai Chung (01716) retraced, down 10%, low of HKD 3.2.

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

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

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

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

【10:00】Hong Kong stocks early session up over 300 points, above 26,000, at 26,161, up 327, with HKD 59.7 billion in turnover. Tech Index up 1.7% to 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) post-earnings up over 4%, high HKD 46.66.

【9863 Earnings】Leapmotor turned profitable last year, earning over RMB 500 million, 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) up 0.4%, others down 1%.

【Gold Price Trend】Gold near $5,000 level, supported by softening USD and market assessment of emergency oil reserves release.

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

【1428】 NDRC approves Ant Group’s investment in Yau Tai Securities, resumption on 3/17.

【09:04】Hong Kong Futures open about 52 points higher at 25,852.

【07:47】【Xi-Trump Meeting】Trump delays visit to China by about a month, citing war and other reasons.

【07:45】【Morning Brief】Nvidia’s CEO expects chip revenue to reach $1 trillion next year or “still too conservative” | NDRC approves Ant Group’s investment in Yau Tai Securities | Google to expand Gemini to all Hong Kong users.

【07:45】Oil prices and USD index continue to decline; night futures close up 143 points, at 25,894; Chinese concept stocks’ gains narrow to 1%, at 7,215; Baidu ADR in US 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:

+7

+6

【07:30】As major oil-producing countries begin releasing reserves, short-term supply is ample, but Iran situation remains a concern. Trump says he has postponed his summit with President Xi Jinping by about a month, citing ongoing tensions over Iran. The Dow rose 387 points to 46,946, S&P 500 up 1% to 6,699, Nasdaq up 1.2% to 22,374.

See US stock market close:

+10

+9

Hong Kong stocks yesterday, details see: 【Hong Kong Night Futures + ADR + Northbound Funds】 Night futures close up 143 points; Baidu US stocks down 3%.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin