--- title: "Hong Kong Stock Market Intraday | Hang Seng Index down over 1%, technology sector declines, Ping An leads insurance stocks against the trend" type: "News" locale: "en" url: "https://longbridge.com/en/news/269674431.md" description: "The main indices of the Hong Kong stock market generally retreated during the session, with the Hang Seng Index and the Hang Seng TECH Index both showing significant declines. The heavyweight technology blue chips faced pressure, while the internet content and information sectors experienced the largest drops. The life and health insurance sectors performed strongly against the trend, becoming a highlight of the session. Funds continued to be dominated by leading technology and financial stocks. On the macro front, retail sales volume showed signs of recovery, boosting some consumer blue chips. Some small-cap stocks experienced significant fluctuations during the session, with market hotspots concentrating in specific sectors" datetime: "2025-12-15T06:36:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/269674431.md) - [en](https://longbridge.com/en/news/269674431.md) - [zh-HK](https://longbridge.com/zh-HK/news/269674431.md) --- # Hong Kong Stock Market Intraday | Hang Seng Index down over 1%, technology sector declines, Ping An leads insurance stocks against the trend **Market Overview** ▪ Major stock indices in the Hong Kong market collectively retreated during the trading session, with market sentiment being cautious. ▪ As of now, the Hang Seng Index is at 25,658.97 points, down 1.22%, continuing to fluctuate and decline during the session, with short-term trends under pressure. ▪ The Hang Seng TECH Index is currently at 5,513.07 points, down 2.22%, with increased cautious sentiment in the technology sector. ▪ The National Enterprises Index is at 8,938.16 points, down 1.56%, showing no signs of breakthrough. **Sector Performance** ▪ The retail sector showed divergence during the session, with leading companies experiencing volatility due to consumer confidence. Miniso rose 1.93%, with some funds flowing into leading stocks, but JD.com -SW fell 1.04%, and Alibaba -W dropped 3.37%, reflecting that the internet retail sector still faces short-term pressure, with a clear wait-and-see attitude from investors. ▪ The internet content and information sector saw significant declines, with technology leaders under notable pressure. Tencent Holdings fell 1.87%, Kuaishou -W dropped 4.37%, and Baidu -SW decreased 5.08%, indicating a decline in investors' risk appetite for the technology growth sector, with funds primarily flowing out of the sector. ▪ The life and health insurance sector rose against the trend, becoming a highlight during the session. Ping An rose 2.98%, reaching a 52-week high; China Life increased 1.91%, also hitting a 52-week high; AIA rose 1.90%. With improved industry sentiment, insurance companies attracted investor attention, leading to net inflows in the sector. **Macroeconomic Background** ▪ Retail sales in the Hong Kong market showed a slight year-on-year increase, indicating signs of warming domestic demand. On a macro level, this has driven improvements in profit expectations for related consumer blue chips, boosting market confidence and potentially alleviating pessimistic sentiment in the short term. **Popular Stocks** ▪ Auntie in Shanghai rose 13.26%, with a trading volume of HKD 107.95 million, becoming one of the actively traded stocks, with market funds focusing on the theme of recovery in dining consumption. ▪ China Star Group rose 18.36%, with a trading volume of HKD 71.9 million. There were no recent news drivers, but active trading attracted short-term speculative funds, reflecting a shift in some speculative capital's focus to small-cap stocks. ▪ Base Championship Group rose 18.18%, with a trading volume of HKD 7.6 million, without recent news drivers. The stock saw significant volume increases, with notable short-term turnover, as funds concentrated on chasing rebound opportunities after sharp declines. ▪ Pan-Asia Environmental Protection rose 44.00%, with a trading volume of HKD 6.2 million, showing multiple unusual movements but no new announcements, indicating clear signs of speculative trading, with market short-term enthusiasm highly concentrated. ▪ Quanda Electric Group Holdings rose 36.59%, with a trading volume of HKD 5.4 million, also lacking obvious news support, primarily driven by short-term speculation and intra-session turnover. **Market Trading Volume TOP10** ▪ Alibaba -W (9988.HK) latest trading price is HKD 148.90, down 3.37%, with a trading volume of HKD 10.584 billion ▪ Tencent Holdings (700.HK) latest transaction price HKD 604.50, down 1.87%, transaction amount HKD 6.162 billion ▪ Ping An Insurance (2318.HK) latest transaction price HKD 65.65, up 2.98%, transaction amount HKD 4.130 billion ▪ Xiaomi Group -W (1810.HK) latest transaction price HKD 41.76, down 2.79%, transaction amount HKD 3.758 billion ▪ SMIC (981.HK) latest transaction price HKD 64.85, down 4.21%, transaction amount HKD 3.506 billion ▪ Meituan -W (3690.HK) latest transaction price HKD 101.20, down 1.17%, transaction amount HKD 2.679 billion ▪ Hua Hong Semiconductor (1347.HK) latest transaction price HKD 66.85, down 7.02%, transaction amount HKD 2.276 billion ▪ Zijin Mining International (2259.HK) latest transaction price HKD 157.40, up 7.07%, transaction amount HKD 1.704 billion ▪ China Life (2628.HK) latest transaction price HKD 28.84, up 1.91%, transaction amount HKD 1.656 billion ▪ Kuaishou -W (1024.HK) latest transaction price HKD 64.50, down 4.37%, transaction amount HKD 1.579 billion ### Related Stocks - [601318.CN](https://longbridge.com/en/quote/601318.CN.md) - [STECH.HK](https://longbridge.com/en/quote/STECH.HK.md) - [00HSI.HK](https://longbridge.com/en/quote/00HSI.HK.md) - [09896.HK](https://longbridge.com/en/quote/09896.HK.md) - [09618.HK](https://longbridge.com/en/quote/09618.HK.md) - [09988.HK](https://longbridge.com/en/quote/09988.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) - [01299.HK](https://longbridge.com/en/quote/01299.HK.md) - [02589.HK](https://longbridge.com/en/quote/02589.HK.md) - [00326.HK](https://longbridge.com/en/quote/00326.HK.md) - [08460.HK](https://longbridge.com/en/quote/08460.HK.md) - [00556.HK](https://longbridge.com/en/quote/00556.HK.md) - [01750.HK](https://longbridge.com/en/quote/01750.HK.md) - [01810.HK](https://longbridge.com/en/quote/01810.HK.md) - [00981.HK](https://longbridge.com/en/quote/00981.HK.md) - [02318.HK](https://longbridge.com/en/quote/02318.HK.md) - [PNGAY.US](https://longbridge.com/en/quote/PNGAY.US.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) - [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) - [Kevin Zhang Reiterates Buy on SMIC, Citing Strategic Positioning, Quality Capacity Conversion and AI-Driven Demand Despite Margin Headwinds](https://longbridge.com/en/news/290989216.md) - [Is China Life Insurance (SEHK:2628) A Bargain After Joining The SSE 180 Value Index?](https://longbridge.com/en/news/290870399.md) - [Kuaishou Shareholders Approve Dividend, Buyback Mandate and Board Slate at AGM](https://longbridge.com/en/news/290855681.md)