【Hong Kong Stock Market Update】Hang Seng Index rises over 300 points; Xiaomi up 5%; CATL continues to rise over 4%; Mao Kee Kwai Chung surges 1.3x again (Continuously updated)

【Hang Seng Index / 恒生指數 / 恒指 / 恆指 / HSI / Hang Seng Index / Hong Kong Stocks / Night Futures / ADR】 Hong Kong stocks rebounded nearly 300 points in the first half of the day. The Hang Seng Index opened 29 points lower at 25,436, then fluctuated upward. Before midday close, the gains expanded, with the index bouncing back about 290 points to 25,756, with a turnover of HKD 143.5 billion. The Tech Index rose 2.2% to 5,089 points. Xiaomi (01810) rose 5%, ATM increased 0.8% to nearly 4%, CATL (03750) gained over 4%, BYD (01211) rose over 5%, and MTR Tseung Kwan O (01716) surged nearly 1.3 times, reaching a new high of HKD 4.24.

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Financial Daily:

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Market Trends:

【13:09】Hong Kong stocks in the afternoon rose over 300 points, with the Hang Seng Index at 25,810, up 345 points. Turnover was HKD 154.1 billion. The Tech Index increased 2.5% to 5,104.

【12:45】【Major Bank View】UBS’s housing analyst Ming: Under Middle East conflict, China’s asset risk resistance and diversification benefits are evident; Hong Kong can become a preferred safe haven.

【12:36】【1478 Earnings】Qiao Tuo Technology’s profit increased over 4.3 times last year; final dividend tripled to 40 cents.

【12:14】SF Express Hong Kong adjusts fuel surcharge, HKD 1 per shipment.

【12:13】【E-wallet】PayMe launches “Consumer Cashback” platform, allowing users to earn up to 15% cash back on three major spending platforms.

【12:00】The Hang Seng Index rebounded about 290 points in the first half, closing at 25,756 with a turnover of HKD 143.5 billion. The Tech Index rose 2.2% to 5,089. Xiaomi (01810) up 5%, ATM up 0.8% to nearly 4%, CATL (03750) up over 4%, BYD (01211) up over 5%, MTR Tseung Kwan O (01716) surged nearly 1.3 times to a new high of HKD 4.24.

【11:47】Market gains expanded to about 300 points.

【11:38】Hong Kong stocks rose about 235 points before midday close, at 25,700, with HKD 132.0 billion in turnover. The Tech Index up 1.7% to 5,065.

【11:30】【IPO News】Biotech AI company Baitu Shengke reportedly submitted a confidential listing application, raising hundreds of millions of USD. Founded by Baidu’s Robin Li, with investment from Hong Kong investment firms.

【11:29】MTR Tseung Kwan O (01716) surged 1.4 times, reaching a high of HKD 4.09, breaking previous highs, with HKD 120 million in turnover.

【11:07】【Xi-Trump Meeting】Trump said there is a possibility of postponing the meeting with President Xi Jinping.

【10:35】【AI+2513】Zhipu’s stock once rose 16%. Released lobster-based model GLM-5-Turbo, API prices increased 20%, and launched “Lobster Set.”

【10:15】Market rebounded about 100 points, with the Hang Seng Index at 25,580, up 114 points. Turnover HKD 77.4 billion. The Tech Index up 0.9% to 5,024. Meituan (03690) up 3%, JD.com (09618), Xiaomi (01810) up 2%.

【10:15】MTR Tseung Kwan O (01716) soared nearly 80%, breaking previous high to HKD 2.97, currently up over 60% at HKD 2.75, with HKD 58.76 million in turnover.

【10:08】【1810】Xiaomi stock up over 2%; new SU7 model to be released at 7 pm.

【10:08】CATL (03750) rose over 6%, reaching a new high of HKD 663.5.

【09:41】Hong Kong stocks declined about 140 points early, at 25,325.

【09:39】【1428】Yau Choi Securities temporarily suspended at 3.16, surged 34% on the last trading day; Ant Group’s acquisition period ends 3.25.

【09:38】MTR Tseung Kwan O (01716) rose 30%, reaching a high of HKD 2.22, with HKD 20.04 million in turnover.

【09:37】【1978】Siu Fook Lou reports profit warning, expects to turn profitable last year with about HKD 2 million net profit.

【09:32】Huachen China (01114) fell 16% early, low of HKD 2.83.

【11:14 Earnings Warning】Huachen China expects last year’s profit to decrease by no more than 40% year-on-year.

【09:29】Zijin (02899) down 2%; Zijin Gold International (02259) down 3%; Lingbao Gold (03330) down half; China Gold (02099) down over 2%; Shandong Gold (01787) down over 2%.

【Gold Price Trend】Gold price fell below USD 5,000, as Middle East war enters third week, oil prices continue to rise.

【09:22】Hang Seng Index opened 29 points lower at 25,436, with HKD 3.85 billion in turnover. The Tech Index up 0.2% to 4,988. Meituan (03690), JD.com (09618) rose over 1%. Tencent (00700) up 0.6%, Alibaba (09988) up 0.3%, HSBC (00005) down over 2%.

【09:07】Hang Seng Futures up about 92 points at 25,530.

【08:52】【100】MINIMAX to start “Pushing P” from Wednesday; qualifies as a commercialized company with annual revenue threshold.

【08:38】【IPO】Kailuo Technology (2729) to raise up to HKD 750 million, logistics robot provider; initial fee HKD 4,121.

【08:17】【IPO】Zejing Co. (2632) to raise up to HKD 780 million; mainland auto HUD solutions provider; initial fee HKD 2,424.

【07:59】【FWD Earnings】FWD Group’s total new business value increased 11% year-on-year; new business sales up 25%.

【07:45】【Morning Highlights】Tencent’s earnings release on Wednesday, analysts optimistic about revenue, focus on AI performance; Alibaba to report Thursday, analysts expect net profit to fall 42% after adjustments. Night futures continue to be affected by Iran conflict, closing up 120 points at 25,481, with the Chinese concept stock index up 0.8% at 7,148. JD.com ADR in US stocks hits high, Hong Kong stocks up 1%.

| ADR | HKD Equivalent | Change from HK Market Close | | Meituan ADR | 75.76 | -0.24% | | Tencent ADR | 547.70 | +0.04% | | HSBC ADR | 122.46 | -0.03% | | Alibaba US Stock | 132.35 | -0.11% |

More Hong Kong stocks ADRs and Chinese concept stock quotes:

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【07:30】Amid escalating Middle East tensions, US stocks declined last Friday. Dow Jones opened slightly higher, rose up to 446 points, then fluctuated, dropping as much as 183 points, closing at 46,558, down 119 points. S&P 500 fell 0.61%, Nasdaq down 0.93%.

See US market close:

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