【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 rose nearly 300 points in the first half of the day. The Hang Seng Index opened 29 points lower at 25,436, then fluctuated upward, with gains expanding before midday close. The index reversed and rose about 290 points in the first half, closing at 25,756, with a turnover of HKD 143.5 billion. The Tech Index increased 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 Po Lam (01716) surged nearly 1.3 times to a new high of HKD 4.24.

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

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, with HKD 154.1 billion in turnover. 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】Chiu Tiu Technology profit increased over 4.3 times last year; final dividend tripled to 40 cents.

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

【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 reversed and rose about 290 points in the first half, closing at 25,756, with HKD 143.5 billion in turnover. The Tech Index up 2.2% at 5,089. Xiaomi (01810) rose 5%, ATM increased 0.8% to nearly 4%, CATL (03750) gained over 4%, BYD (01211) rose over 5%, and MTR Po Lam (01716) surged nearly 1.3 times to a 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% at 5,065.

【11:30】【IPO】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 Po Lam (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%, releasing the Lobster Base Model GLM-5-Turbo, with API prices up 20%, and launching “Lobster Set.”

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

【10:15】MTR Po Lam (01716) soared nearly 80%, breaking a high of HKD 2.97, currently up over 60%, at HKD 2.75, HKD 58.76 million in turnover.

【10:08】【1810】Xiaomi stock rose over 2%, new generation SU7 to be released at 7 pm.

【10:08】CATL (03750) rose over 6%, reaching a 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 trading at 3.16, after a 34% jump on the previous trading day. Ant Group’s acquisition deadline expired on 3.25.

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

【09:37】【1978】Sufu Lou issued a profit warning, expecting to turn profitable last year with a net profit of about HKD 2 million.

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

【1114 Profit Warning】Huachen China expects last year’s profit to decrease by no more than 40% year-on-year.

【09:29】Zijin (02899) fell 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 the 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% at 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 “drop P” starting Wednesday, with annual revenue reaching the threshold, considered a commercialized company.

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

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

【07:59】【FWD Earnings】FWD Group’s full-year new business value increased 11%, with new business sales up 25%.

【07:45】【Morning Brief】Tencent’s earnings on Wednesday, broker optimism on revenue, focus on AI performance; Alibaba to announce earnings Thursday, brokers expect net profit to decline 42% after adjustments.

【07:45】Night futures continue to be affected by Iran conflict, closing up 120 points at 25,481, with the China 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 Hong Kong 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 stocks quotes:

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【07:30】With Middle East tensions escalating, 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 stocks closing:

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Hong Kong stocks yesterday, details see: 【Hong Kong Night Futures + ADR + Northbound Funds】Night futures closed up 120 points, JD.com US stocks high, HK stocks up 1% (updating continuously)

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