Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
More
【Hong Kong Stock Market】Hang Seng Index rises over 100 points to surpass 25,000; Meituan shares up 1% after earnings; BYD up 4% before earnings; Pop Mart stabilizes after decline (updating continuously)
【Hang Seng Index/HSI/Hang Seng Index/HKG Stock/Night Futures/ADR】Hong Kong stocks opened lower in the half-day session but rebounded by over a hundred points. The Hang Seng Index opened down 87 points at 24768 points, then reversed direction upward, rising 137 points to 24993 points at midday, still a step away from 25000. The turnover was 135.78 billion yuan, and the Tech Index rose 1% to 4811 points. Meituan (03690) rose over 1% after earnings, while BYD (01211) rose over 4% before results. Pop Mart (09992) spent nearly 600 million yuan on buybacks, with its stock price rebounding by 0.9%.
US stock dynamics are continuously updated; for details, please see: Next Page
Financial Journal:
Market Trends:
【13:14】The market’s gain expanded to 209 points, reaching 25065 points.
【13:13】NIO (09863) rose nearly 7%, peaking at 49.76 yuan.
【13:01】Hong Kong stocks rose about 166 points in the early afternoon, reaching 25023 points, reclaiming 25000, with a turnover of 139.7 billion yuan. The Tech Index rose 1.1% to 4814 points.
【12:54】【Insurance Stock Analysis】Ping An rose 0.7% after results; China Life stabilized after a sharp drop yesterday. Analysis: Investment losses affected results; which of the two insurance stocks is better?
【12:46】【267 Results】CITIC Limited earned 0.9% more for the full year, with a final dividend increase of 6.9% to 0.385 yuan.
【12:23】【Mobile Game Stocks 2400 Results】Xindong’s profit grew 89% to 1.54 billion yuan last year, canceling dividends, with game business revenue increasing by 10.5%.
【12:23】【Pharmaceutical Stocks Results】Sihuan Pharmaceutical’s net profit plummeted by 56% last year, with a final dividend cut by 68% to 0.03 yuan.
【12:00】The Hang Seng Index rebounded 137 points to 24993 points at midday, still a step away from 25000, with a turnover of 135.78 billion yuan. Meituan (03690) rose over 1% after earnings, while BYD (01211) rose over 4% before results. Pop Mart (09992) spent nearly 600 million yuan on buybacks, with its stock price rebounding by 0.9%.
【11:57】【883 Analysis】CNOOC fell over 1% after results; Credit Lyonnais raised its target price. Analysis: “Its biggest advantage is its sharp extraction costs”; currently, with oil prices at $100, profits should be good.
【11:52】【Resource Stocks Results】Nanshan Aluminum International’s profit increased by 1% last year; alumina prices continued to fall, and the business was under pressure in the first half.
【11:40】The market’s gain expanded to a hundred points, peaking at 24975 points, testing the recovery of the 25000 points level.
【11:23】Before the lunch break, the Hang Seng Index rose about 43 points, touching 24900 points.
【11:17】【3690 Analysis】Meituan rose about 2% after results; Citigroup raised its rating and target price. Analysis: At current levels, it’s “very cheap,” but expects business performance to “not be particularly good” in the next two to three quarters.
【10:58】BYD (01211) rose over 4%, peaking at 107.7 yuan.
【10:47】Meituan (03690) turned up 3%, peaking at 90.7 yuan, driving the market up about 80 points, reaching 24935 points, with a turnover of 98.9 billion yuan. The Tech Index rose 0.9% to 4805 points.
【10:42】【9992】Pop Mart’s stock price previously rebounded by 4% after buybacks of nearly 600 million yuan; the stock price has dropped by 30% over the past two days since results were announced.
【10:24】MINIMAX (00100) fell 6%, reaching a low of 920 yuan, while Zhihui (02513) fell half a percent to a low of 641.5 yuan.
【10:15】BYD (01211), which will announce results today, saw its stock price improve pre-earnings, rising over 3% to a high of 107.5 yuan.
【10:12】Innovent Biologics (01801) rose nearly 7% after results, peaking at 85.55 yuan.
【1801 Results】Innovent Biologics achieved profitability for the first time last year, earning 814 million yuan, maintaining no final dividend.
【10:09】Zijin Mining (02899) rose 0.4%, Zijin Gold International (02259) rose over 2%, Zhaojin Mining (01818) and Shandong Gold (01787) rose over 1%, while Lingbao Gold (03330) rose nearly 3%.
【Gold Price Trends】Gold prices recovered some ground, as Trump delayed the deadline for reaching an agreement with Iran. The Turkish central bank sold over $8 billion of gold, increasing downward pressure on gold prices.
【10:09】Xiaoma Zhixing (02026) fell over 13% after earnings, hitting a low of 73.2 yuan.
【2026 Results】Xiaoma Zhixing had an adjusted loss of 174 million USD last year, expanding nearly 32% year-on-year; it aims to expand its unmanned taxi fleet to 3000 vehicles by the end of this year.
【09:53】Hong Kong stocks initially turned up after the market opened, but the rebound was insufficient, falling again by over a hundred points to 24725 points, down 130 points, with a turnover of 50.9 billion yuan. The Tech Index fell 0.7% to 4727 points.
【09:22】The Hang Seng Index continued to open lower by 87 points, reporting 24768 points, with a turnover of 3.35 billion yuan. The Tech Index fell 0.4% to 4740 points. Meituan (03690) fell 0.6% after earnings, AIA (01299) fell over 3%, while Pop Mart (09992) stabilized and rebounded over 1%.
【3690 Results】Meituan reported an adjusted loss of 15.08 billion yuan in the fourth quarter, missing expectations. Wang Xing stated: The average loss per order for takeout improved quarter-on-quarter; efforts to promote the “AI Super Entrance” will not engage in “Token Factory” (Version 2).
【09:03】The Hang Seng Index futures fell about 94 points, reporting 24723 points.
【07:50】【New Stock IPO】Tongrentang Medical 2667 delayed its sale and listing plan, considering multiple factors including the current market situation, and will return the application funds.
【07:45】【Morning Highlights】Meituan reported an adjusted loss of 15.08 billion yuan in the fourth quarter, missing expectations. Hong Kong ranked third in the global financial center index, first in the Asia-Pacific region. Cathay Pacific increased fuel surcharges again.
【07:45】From Trump’s remarks, there has been progress in the Iran situation; night futures fell 8 points, closing at 24782 points. The Chinese concept stock index fell 2.6%, closing at 6721 points. Meituan’s ADR price was initially good after earnings, rising 3.8% compared to Hong Kong, but the stock price was affected by macro conditions, closing down 1.6% compared to the Hong Kong closing price.
| ADR | Converted HKD | Change from HKD Closing Price | | Meituan ADR | 85.29 | -1.62% | | Tencent ADR | 490.94 | -0.94% | | HSBC ADR | 124.62 | -0.14% | | Alibaba US Stock | 122.67 | -0.27% |
More Hong Kong stocks ADR and Chinese concept stock quotations:
【07:30】Inflation concerns continue; the Dow closed down 469 points at 45960 points, the S&P 500 fell 1.7% to 6477 points, and the Nasdaq fell 2.4% to 21408 points.
Check the US stock market close:
For more details on yesterday’s Hong Kong stock market, see: 【Hong Kong Stocks Night Futures + ADR + Northbound Funds】Night futures closed down 8 points; Meituan ADR lowered by 2% compared to Hong Kong.