【Hong Kong Stock Market】Hang Seng Index opens 82 points lower, Baidu drops over 3%, SMIC rises 3%, XL South China Hynix surges 15% to a new high (updating continuously)

【Hang Seng Index / Hang Seng Index / HS Index / Hang Seng Index / HSI / Hang Seng Index / Hong Kong Stocks / Night Futures / ADR】 U.S. President Trump is dissatisfied with Iran’s proposal, causing the Hang Seng Index to open down 82 points, opening at 26,310 points, with a turnover of 4.72 billion yuan. The Tech Index fell 0.5%, reporting 5,078 points. Baidu (09888) dropped over 3%, NetEase (09999) fell over 2%, Semiconductor Manufacturing International Corporation (00981) rose over 3%, HSBC (00005) rose 0.9%, XL2 Southern Hynix (07709) rose 15% to hit a new high.

U.S. stock movements are continuously updated, see details on: next page

Financial Journal:

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Market Trends:

【09:28】【New IPO】Lodong Robotics 1236 first listing opened double, earning 5,428 yuan per lot, oversubscribed by 6,707 times, second highest oversubscription on the main board this year

【09:22】 Hang Seng Index opens down 82 points, opening at 26,310 points, with a turnover of 4.72 billion yuan. The Tech Index fell 0.5%, reporting 5,078 points. Baidu (09888) dropped over 3%, NetEase (09999) fell over 2%, Semiconductor Manufacturing International Corporation (00981) rose over 3%, HSBC (00005) rose 0.9%, XL2 Southern Hynix (07709) rose 15% to hit a new high.

【09:10】 Hang Seng Futures down 85 points, at 26,305 points.

【08:52】【425】Minth Group subsidiary and Taiwan Business Alliance sign framework agreement, plan to establish a joint venture to collaborate on intelligent robots and robotic dog projects

【08:25】【Xi-Trump Meeting】Trump arrives in Beijing on Wednesday, talks with Xi Jinping on Thursday and Friday, likely discussing Iran, AI, nuclear weapons, and other issues

【08:02】【Gold Price Trend】Gold prices fell 0.8% on Monday, dropping below $4,700. Trump rejects Iran’s proposal (updating continuously)

【07:45】【Iran Crisis】Trump: Iran’s response is “completely unacceptable” and oil prices rise again (updating continuously)

【07:45】【Morning Highlights】Trump: Iran’s response is “completely unacceptable” | Evergrande’s former CEO’s Guangzhou unit is forcibly auctioned | ByteDance’s 2026 capital expenditure exceeds 200 billion RMB

【07:45】Night futures close down 17 points, at 26,250 points. China concept stock index drops 0.5%, closing at 6,994 points. Baidu, after rising nearly 6% in Hong Kong, did not follow the upward trend in U.S. stocks, closing at a 5% lower price in Hong Kong.

| ADR | Converted HKD | Change from Hong Kong closing price | | Baidu U.S. stocks | 138.08 | -4.90% | | Meituan ADR | 83.56 | -0.58% | | Tencent ADR | 468.50 | -0.62% | | HSBC ADR | 141.22 | +1.82% | | Alibaba U.S. stocks | 137.11 | -1.36% |

More Hong Kong ADRs and Chinese concept stock quotes:

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【07:30】 U.S. and China leaders to meet. With market still hopeful for good news from U.S.-Iran negotiations, the Dow and Nasdaq hit record highs last Friday, while the Dow repeatedly stabilized. The Dow closed up 12 points last Friday, at 49,609 points, the S&P 500 rose 0.84%, and the Nasdaq increased 1.71%.

Check out U.S. stock market close:

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Hong Kong stocks yesterday’s market, see details at: 【Hong Kong Stocks Night Futures + ADR + Northbound Funds】 Night futures close down 17 points, Baidu U.S. stocks down 5%

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