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【Hong Kong Stocks Night Futures + ADR + Northbound Funds】Night futures close up 145 points; HSBC ADR up 2% in Hong Kong (updating continuously)
▼Click the image to enlarge
[Hang Seng Index / Hang Seng Index / Hang Seng Index / Hang Seng Index / HSI / Hang Seng Index / Hong Kong stocks / night futures / ADR] News about the Iran conflict has been fluctuating, but the stock market has ignored the rise in oil prices. This is the first time since the outbreak of war: the S&P 500 and the Nasdaq also fell on the day. Night futures rebounded by 145 points at the close, ending at 25,233 points. The China concept stock index dropped 0.3%, closing at 6,750 points. HSBC ADR outperformed, with Hong Kong stocks up 2%.
Net inflows from northbound funds exceed HK$19.8 billion before the holiday; main purchases are index ETFs, selling CNOOC and Alibaba
Before the Northbound funds’ Easter holiday, inflows surged, absorbing HK$19.83 billion in total for the whole day. The funds mainly bought index ETFs. The Tracker Fund of Hong Kong (02800) and the Hang Seng China Enterprises Index ETF (02828) attracted HK$8.55 billion and HK$2.59 billion respectively. Xiaomi (01810) also saw net inflows of HK$1.12 billion. On the net outflow side, CNOOC (00883) and Alibaba (09988) saw capital leaving HK$0.72 billion and HK$0.25 billion, respectively.
Hang Seng Index down 177 points—25,000 is lost and then recovered; Xiaomi and Alibaba down more than 3%; Geely jumps more than 8%
Dragged down by Trump’s comments that failed to deliver a Middle East ceasefire before the Easter holiday, Hong Kong stocks fell by more than 100 points. The Hang Seng Index opened 39 points lower, at 25,254 points. The trend then turned lower, and in the afternoon it fell as much as 392 points, hitting a low of 24,901 points. The Hang Seng Index closed down 177 points at 25,116 points—25,000 was lost and then recovered. Turnover was HK$243.63 billion. The Tech Index fell 1.6% to 4,679 points. Xiaomi (01810) and Alibaba (09988) both fell more than 3%. Geely (00175) rose more than 8%. Sunny Optical (02382) rose by half a percentage point. With gold prices rising, PetroChina (00857) rose 2%, and CNOOC (00883) rose 0.2%. Zhipu (02513) gave back nearly 15%, while MINIMAX (00100) dropped by 10%.
U.S. stock market updates continuously—see more on: Next page
Financial diary:
Intraday market moves:
[16:00] Hang Seng Index closed down 177 points, at 25,116 points. Turnover was HK$243.63 billion. Tech Index fell 1.6% to 4,679 points. Xiaomi (01810) and Alibaba (09988) both fell more than 3%, while Geely (00175) surged more than 8%. Sunny Optical (02382) rose by half a percentage point. PetroChina (00857) rose 2%, and CNOOC (00883) rose 0.2%. Zhipu (02513) gave back nearly 15%, and MINIMAX (00100) dropped by 10%.
[16:00] Before the Hang Seng Index U-turn, it was down 197 points, at 25,096 points, with turnover of HK$233.64 billion.
[15:53] Affected by the Middle East conflict, domestic bank stocks moved against the trend and rose. The four major domestic banks rose between 0.2% and over 1%. Among them, Bank of China (03988) hit a high of 5.06 yuan and broke the top.
[15:13] Near the close, Hong Kong stocks fell by nearly 250 points to 25,051 points, regaining the 25,000 level.
[13:29][Electrical power equipment stocks analysis] After Dongfang Electric rose 7% in the previous day, it gave back 2%. Analysis: bullish on power equipment stocks — AI development and energy demand; power shortage expected to last at least until 2030
[13:19] Hang Seng Index latest down 380 points, falling to around the 24,900 level.
[13:14] Shandong Molong (00568) rose 23%, and Bright Oilfield Services (02178) rose more than 16%.
[13:13][Automobile stocks analysis] BYD fell 2%, while Geely and Chery rose more than 6%. Analysis: oil prices help drive demand for new-energy vehicles; long-term preference for the two leading companies
[13:00] In the early afternoon, Hong Kong stocks fell 300 points, slightly breaching the 25,000 level.
[12:40][AI + Doubao] Doubao’s average daily Token usage exceeds 1.2 billion; up double compared with the past 3 months
[12:00] Hong Kong stocks were down 277 points for the first half of the day. The Hang Seng Index closed at 25,016 at midday, narrowly holding above 25,000, with turnover of HK$116.2 billion. The Tech Index fell 2.2% to 4,651 points. Alibaba (09988) and Meituan (03690) fell more than 3%, and Xiaomi (01810) fell 4% to break down. PetroChina (00857) and CNOOC (00883) rose 1% and 0.8% respectively against the trend. Geely (00175) rose more than 6% to hit a high. Sunny Optical (02382) rose more than 5%.
[11:42][Hong Kong stocks analysis] The Hang Seng Index’s decline widened to more than 200 points. Everbright Securities: before the long holiday, it is not advisable to heavily add positions; the medium- to long-term bull market uptrend remains unchanged. During the earnings season, what types of stocks are worth looking for?
[11:31] Some recent IPO stocks were chased higher, with JiShivision (06636) up more than 20%, and Funstech (03625) up 9%.
[11:31][Hong Kong FinTech Association] White paper: the AI application rate in Hong Kong’s financial services industry is 38%, above the global average
[10:47] Zhipu (02513) shares gave back 14%, while MINIMAX (00100) fell more than 9%. Xunce (03317) rose nearly 2% against the trend.
[AI+2513] Zhipu releases a GLM-5V-Turbo multimodal coding foundation model for visual programming
[10:26] Alibaba (09988), Meituan (03690), and Xiaomi (01810) fell more than 3%. Tencent (00700) fell more than 1%.
[10:24] Sunny Optical (02382) rose more than 4% against the trend, hitting a high of 60.1 yuan.
[10:13] The market fell by about 250 points again, testing the 25,000 level once more.
[09:38] Geely (00175) rose 5% against the trend, breaking to a new high of 23.14 yuan.
[09:22] The Hang Seng Index opened 39 points lower, at 25,254 points. Turnover was HK$3.06 billion. The Tech Index fell 0.5% to 4,732 points. Alibaba (09988) fell more than 1%. HSBC (00005) rose 0.8%, and Zijin (02899) rose again by 0.9%.
[09:07][22] “Landlord King” Lunn’s family plans to sell Masion Holdings with a 38% discount; cashing out up to HK$230 million
[08:58] Hang Seng Index black futures rose by about 105 points, to 25,367 points.
[08:31][9863] Stellantis reportedly discusses with Leapmotor; cooperation on producing electric vehicles at an idle factory in Canada
[07:45][Morning’s top highlights] SpaceX secretly filed an IPO application｜One article to clearly understand March’s performance of new-energy vehicle plants｜Zhipu AI target price raised by JPMorgan
[07:45] Night futures closed up 3 points, at 25,301 points. The China concept stock index rose 0.3%, closing at 6,774 points. HSBC ADR outperformed, with Hong Kong stocks up 3%.
More Hong Kong stock ADR and China concept stock quotes:
Hong Kong stock market conditions from the previous session—see：【Hong Kong night futures + ADR + northbound funds】HSBC ADR outperformed Hong Kong stocks by 3%—night futures closed up 3 points