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【Hong Kong Stock Night Futures + ADR + Northbound Capital】 Night futures close down 17 points Baidu US stocks fall 5% below Hong Kong (updating continuously)
▼Click the picture to enlarge
【Hang Seng Index / Hang Seng / HSIndex / Hang Seng / HSI / Hang Seng Index / Hong Kong Stocks / Night Futures / ADR】 Night futures close down 17 points, closing at 26,250 points. China concept stocks index drops 0.5%, closing at 6,994 points. Baidu rose nearly 6% in Hong Kong but did not follow the upward trend in U.S. stocks, closing 5% lower in Hong Kong.
| ADR | Converted HKD | Change from Hong Kong close | | Baidu US Stock | 138.08 | -4.90% | | Meituan ADR | 83.56 | -0.58% | | Tencent ADR | 468.50 | -0.62% | | HSBC ADR | 141.22 | +1.82% | | Alibaba US Stock | 137.11 | -1.36% |
Northbound funds bought a total of 13.2 billion on Friday, with net inflows of 13.17 billion. Funds bought Kuaishou (01024) and the Tracker Fund (02800), with net inflows of 1.75 billion and 970 million respectively. Alibaba (09988) also attracted 390 million in funds; Xiaomi (01810) and China Longfei Fiber (06869) saw outflows of 540 million and 200 million yesterday.
Hang Seng Index drops 232 points Baidu reverses trend with a 5% increase, Kuaishou up over 9%, chip stocks decline, SMIC drops over 4%
Hong Kong stocks fell over 200 points. Tensions in Iran fluctuated, with Hang Seng Index opening 266 points lower at 26,359. It later fell as much as 351 points, reaching a low of 26,274. In the afternoon, the decline slightly narrowed, and the index ultimately closed down 232 points at 26,393, with a turnover of 279.75 billion HKD. The Tech Index fell 0.4%, closing at 5,102 points. Baidu (09888) rose over 5% against the trend, Kuaishou (01024) up over 9%, while chip stocks declined, with SMIC (00981) dropping over 4%, and Huahong Semiconductor (01347) down over 7%. Financial stocks HSBC (00005) fell 3%, AIA (01299) also declined nearly 3%.
US stocks are continuously updating. For details, see: Next page
Market Trends:
【19:10】Northbound funds bought 13.2 billion on Friday, sweeping Kuaishou, Tracker Fund, Alibaba, and selling Xiaomi and China Longfei Fiber. Hang Seng Index night futures up 1 point.
【16:10】Hang Seng Index finally down 232 points, closing at 26,393 points, with a turnover of 279.75 billion HKD. Baidu (09888) rose over 5% against the trend, Kuaishou (01024) up over 9%, chip stocks declined, SMIC (00981) down over 4%, Huahong Semiconductor (01347) down over 7%. HSBC (00005) fell 3%, AIA (01299) also declined nearly 3%.
【16:06】【AI + Chips】US reports suspicion that Thai companies smuggled NVIDIA chips to Alibaba.
【16:00】Hang Seng Index futures fell 214 points, to 26,411 points, with a turnover of 8B HKD.
【14:52】Market decline narrowed slightly to within 200 points, Baidu (09888) rose nearly 6%, Kuaishou (01024) up over 8%.
【14:39】【Iran Crisis】Three Middle Eastern banks, including the UAE’s largest bank, are reportedly establishing or expanding operations in Hong Kong, possibly at the Changjiang Center Phase II.
【13:20】Macau casino operator Amax (00880) fell nearly 4% after earnings, hitting a low of 2.01 HKD.
【880】Amax first quarter turned to a loss of 62 million HKD, with adjusted EBITDA down 4.3%, net gaming revenue down 22.8%.
【13:20】Baidu (09888) rose nearly 4%, Kuaishou (01024) up 3% latest.
【13:40】Market maintained nearly 300-point decline. Hang Seng Index down 285 points, at 26,340.
【13:22】【AI Three Treasures】Zhi Pu (02513) down 50%, MINIMAX (00100) down over 8%, Xun Ce (03317) down over 4%.
【13:11】【669 Analysis】Chuangke retraced over 2%, surged 10% yesterday. Analysis: Benefiting from AI trend, but slow transformation is less favorable than directly investing in top AI players.
【13:00】Hang Seng Index in the afternoon initially fell about 280 points, at 26,344, with a turnover of 8B HKD. Tech Index down 1.1%, at 5,067.
【12:06】【ETP】Hong Kong leveraged inverse products listed on “World One”! Southern Hylink’s 2x 7709AUM surpasses 40 billion, with record high daily trading in Q1.
【12:06】【9992 Analysis】Pop Mart backed by “Chinese stock god” Zeng Yongping, rose 8%. Analysis: Zeng Yongping “just helped out,” Q4 results look promising, but rebuilding confidence takes time.
【12:00】Half-day Hang Seng down 289 points, at 26,337, with a turnover of 8B HKD. Tech stocks down, SMIC (00981) down over 4%, Huahong Semiconductor (01347) nearly 10%, HSBC (00005) and AIA (01299) down over 2%, Baidu (09888) up over 3%, Pop Mart (09992) up half a percent.
【11:42】Hang Seng mid-day close down about 337 points, at 26,288, with a turnover of 8B HKD. Tech stocks down 1.4%, at 5,050.
【11:41】【Hong Kong Stocks Analysis】Hang Seng down over 300 points. Wen Jie: 26,600 is an “invisible curse.” If Tencent’s earnings beat expectations, it may at least return to 5,000.
【11:11】【New IPO】“AI Six Little Tigers” leap to Xingchen, reportedly to complete nearly $2.5 billion financing, with plans to accelerate Hong Kong IPO after removing red-chip structure.
【10:47】【1810】Xiaomi (01810) stock up over 1%, reaching 5.48 HKD. Xiaomi Auto accelerates overseas expansion, with Vice President and head of overseas operations, launching a new independent sub-brand “Xuntian.”
【10:34】Meitu (01357) up over 12%, reaching 5.48 HKD.
【10:32】Pop Mart (09992) previously rose 8% to a high of 175.4 HKD, now at 172.1 HKD, up 6%. “Chinese Buffett” Zeng Yongping recently said: “I’ve swapped my Shenhua for Pop Mart.”
【10:31】Baidu (09888) still up over 2%, reaching 142.9 HKD.
【IPO】Baidu’s subsidiary Kunlun Chip begins listing counseling on STAR Market. News: progressing normally towards Hong Kong listing, paving the way for “A+H.”
【09:55】SMIC (00981) down nearly 50%, Huahong Semiconductor (01347) down 6%.
【09:37】Market down over 300 points, falling below 26,300.
【09:35】Pop Mart (09992) up 5% after opening, reaching 171.8 HKD.
【09:22】Hang Seng opens 266 points lower, at 26,359, with a turnover of 4.64 billion HKD. HSBC (00005) and AIA (01299) down over 2%, Baidu (09888) up nearly 3%, CNOOC (00883) up 0.8%.
【09:14】Hang Seng futures down 261 points, at 26,371.
【08:52】【Xi Jinping-Trump Meeting】Reports say Trump’s visit to China is proceeding as scheduled. Blackstone and Citigroup CEOs reportedly to attend the summit.
【08:36】【1128】Wynn Macau’s Q1 adjusted property EBITDAR up 10.9% YoY, operating income up 14.2%.
【08:00】【IPO】Yifei Technology (6871) raises 750 million HKD, industrial robot tech company, with a minimum entry fee of about 3,081 HKD.
【07:45】【Morning Briefing】US and Iran clash again in the Strait of Hormuz. Trump’s latest 10% tariffs ruled illegal. Alibaba earnings preview.
【07:45】Tensions in Iran fluctuate; night futures close down 230 points, at 26,285. China concept stocks fall 1.4%, closing at 7,027. HSBC ADR is 2.6% lower than HKD.
| ADR | Converted HKD | Change from Hong Kong close | | Meituan ADR | 83.50 | -0.89% | | Tencent ADR | 474.83 | -0.54% | | HSBC ADR | 139.38 | -2.60% | | Alibaba US Stock | 138.06 | -2.02% |
More Hong Kong stocks ADRs and China concept stocks quotes:
【07:30】US and Iran clash again in the Strait of Hormuz. Reports say US launched strikes on Iranian targets in Gasham and Abadan ports. Axios reports that US strikes in the Strait do not mean a restart of war. The Dow and Nasdaq continued to hit new highs early, then declined due to Middle East tensions, with the Dow dropping 422 points to 49,487, the S&P 500 down 0.6% to 7,321, and the Nasdaq down 0.5% to 25,713. The Dow closed down 313 points at 49,596, the S&P 500 down 0.4% at 7,337, and the Nasdaq down 0.1% at 25,806.
See US stock market close:
Hong Kong stocks yesterday, for details see: 【Hong Kong Night Futures + ADR + Northbound Funds】 Night futures close down 230 points, HSBC ADR HKD 2.6% lower.