--- title: "Hong Kong stock market intraday | The Hang Seng Index fell 0.92%, the insurance sector saw inflows against the trend, while the technology and retail sectors were under pressure" type: "News" locale: "en" url: "https://longbridge.com/en/news/269663325.md" description: "In the Hong Kong stock market, the three major indices experienced fluctuations and adjustments, with the Hang Seng Index, Hang Seng Tech Index, and the National Enterprises Index all retreating. The technology and retail sectors saw an overall decline, with core leaders such as Alibaba and Tencent Holdings falling. The insurance sector, on the other hand, received capital inflows, with leaders like Ping An and AIA rising. Continuous improvement in consumer data provided support for the market, with PAN ASIA ENVIRO and QuanDa Electric Group Holdings showing strong gains during the session. The market structure is clearly differentiated, with capital focusing on insurance and certain consumer technology stocks" datetime: "2025-12-15T04:16:07.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/269663325.md) - [en](https://longbridge.com/en/news/269663325.md) - [zh-HK](https://longbridge.com/zh-HK/news/269663325.md) --- # Hong Kong stock market intraday | The Hang Seng Index fell 0.92%, the insurance sector saw inflows against the trend, while the technology and retail sectors were under pressure **Market Overview** ▪ During the trading session, the three major indices of the Hong Kong stock market continued to adjust. ▪ As of now, the Hang Seng Index is at 25,736.53 points, down 0.92%, retreating from last Friday, with a short-term high-level fluctuation pattern continuing. ▪ The Hang Seng Tech Index is at 5,537.11 points, with the decline expanding to 1.79%, showing weak performance in tech stocks. ▪ The National Enterprises Index is reported at 8,970.11 points, down 1.20%, still in a short-term high-level adjustment phase. **Sector Performance** ▪ The retail sector is generally down during the session, affected by weak consumer demand. The sector leader Alibaba is down 2.73% during the session, with the latest transaction price at HKD 149.90, becoming the market focus. JD.com is down 1.12%; Miniso is up 1.62% against the trend, indicating structural differentiation in the consumer sector. Overall, funds are tending to be cautious, putting pressure on core assets. ▪ The internet content and information sector generally declined during the session, lacking positive news to drive it, with investors' risk appetite decreasing. Tencent Holdings is down 1.54%, with the latest transaction price at HKD 606.50, Kuaishou is down 3.85%, and Baidu is down 4.21%. There is a noticeable outflow of funds from this sector, with a generally pressured atmosphere. ▪ The life and health insurance sector performed well during the session, with significant inflows of funds, showing defensive attributes gaining attention. Ping An is up 2.43%, with the latest transaction price at HKD 65.30, AIA is up 2.15%, with the latest transaction price at HKD 80.70, and China Life is up 1.20%, with the latest transaction price at HKD 28.64. Funds are positioning in insurance assets, enhancing the market's defensive atmosphere. **Macroeconomic Background** ▪ Recently, the Hong Kong stock market has been continuously focusing on retail sales-related consumer data, which grew by 5.3% year-on-year in October, indicating a continued trend of consumption recovery. In the macro environment, improvements on the consumption side provide potential support for the market, as investors observe the momentum of economic recovery, monetary liquidity, and the impact of mainland policy signals on the Hong Kong stock market. **Popular Stocks** ▪ Hu Shang Ayi (2589.HK) is up 13.15% during the session, with a transaction volume of HKD 90.21 million, making it one of the popular targets with high concentration of funds in the consumer sector. ▪ PAN ASIA ENVIRO (556.HK) is up 44.00% during the session, with a transaction volume of HKD 5.157 million. This stock has become a leader in the session's surge, attracting short-term fund speculation, indicating a continued warming sentiment in the consumer and tech hotspot sectors. ▪ Quanda Electric Group Holdings (1750.HK) is up 34.15% during the session, with a transaction volume of HKD 4.067 million. Rapid short-term inflows of funds have made this stock a highlight in the session. ▪ China Star Group (326.HK) is up 18.36% during the session, with a transaction volume of HKD 20.636 million. The market's short-term funds are actively participating, with a noticeable hotspot effect. ▪ Tudatong (2665.HK) is up 14.42% during the session, with a transaction volume of HKD 20.843 million, attracting focused funds**Market Trading Volume TOP10** ▪ Alibaba -W (9988.HK) Latest trading price HKD 149.90, down 2.73%, trading volume HKD 7.35 billion ▪ Tencent Holdings (700.HK) Latest trading price HKD 606.50, down 1.54%, trading volume HKD 4.748 billion ▪ Ping An (2318.HK) Latest trading price HKD 65.30, up 2.43%, trading volume HKD 3.121 billion ▪ Xiaomi Group -W (1810.HK) Latest trading price HKD 41.98, down 2.28%, trading volume HKD 2.370 billion ▪ Meituan -W (3690.HK) Latest trading price HKD 101.30, down 1.07%, trading volume HKD 2.083 billion ▪ SMIC (981.HK) Latest trading price HKD 65.85, down 2.73%, trading volume HKD 1.741 billion ▪ Hua Hong Semiconductor (1347.HK) Latest trading price HKD 67.15, down 6.61%, trading volume HKD 1.644 billion ▪ Zijin Mining International (2259.HK) Latest trading price HKD 157.20, up 6.94%, trading volume HKD 1.301 billion ▪ China Life (2628.HK) Latest trading price HKD 28.64, up 1.20%, trading volume HKD 1.259 billion ▪ AIA (1299.HK) Latest trading price HKD 80.70, up 2.15%, trading volume HKD 1.080 billion ### Related Stocks - [00556.HK](https://longbridge.com/en/quote/00556.HK.md) - [AAGIY.US](https://longbridge.com/en/quote/AAGIY.US.md) - [PNGAY.US](https://longbridge.com/en/quote/PNGAY.US.md) - [601318.CN](https://longbridge.com/en/quote/601318.CN.md) - [09988.HK](https://longbridge.com/en/quote/09988.HK.md) - [09618.HK](https://longbridge.com/en/quote/09618.HK.md) - [09896.HK](https://longbridge.com/en/quote/09896.HK.md) - [00700.HK](https://longbridge.com/en/quote/00700.HK.md) - [01024.HK](https://longbridge.com/en/quote/01024.HK.md) - [09888.HK](https://longbridge.com/en/quote/09888.HK.md) - [02628.HK](https://longbridge.com/en/quote/02628.HK.md) - [02589.HK](https://longbridge.com/en/quote/02589.HK.md) - [01750.HK](https://longbridge.com/en/quote/01750.HK.md) - [00326.HK](https://longbridge.com/en/quote/00326.HK.md) - [02665.HK](https://longbridge.com/en/quote/02665.HK.md) - [01810.HK](https://longbridge.com/en/quote/01810.HK.md) - [03690.HK](https://longbridge.com/en/quote/03690.HK.md) - [01299.HK](https://longbridge.com/en/quote/01299.HK.md) - [02318.HK](https://longbridge.com/en/quote/02318.HK.md) ## Related News & Research - [Key facts: 618 GMV ¥863.6B Flat YoY; JD.com Open‑sources JoyAI‑VL](https://longbridge.com/en/news/290524732.md) - [Meituan files director list with Hong Kong Stock Exchange](https://longbridge.com/en/news/290980371.md) - [The founder of China's Amazon wants his 700,000 blue-collar workers to be 'white-collarized' in time for AI](https://longbridge.com/en/news/290535209.md) - [Kuaishou Shareholders Approve Dividend, Buyback Mandate and Board Slate at AGM](https://longbridge.com/en/news/290855681.md) - [Is China Life Insurance (SEHK:2628) A Bargain After Joining The SSE 180 Value Index?](https://longbridge.com/en/news/290870399.md)