--- title: "\"Hong Kong Stocks\" The Hang Seng Index opened 65 points lower, CATL and CMOC opened higher, while Alibaba and Baidu were relatively weak" description: "Hong Kong stocks opened lower today, with the Hang Seng Index down 65 points to 26,501 points, and the National Index and Hang Seng Tech Index also opening lower. CATL and CMOC opened higher, while Al" type: "news" locale: "en" url: "https://longbridge.com/en/news/276022815.md" published_at: "2026-02-16T01:35:23.000Z" --- # "Hong Kong Stocks" The Hang Seng Index opened 65 points lower, CATL and CMOC opened higher, while Alibaba and Baidu were relatively weak > Hong Kong stocks opened lower today, with the Hang Seng Index down 65 points to 26,501 points, and the National Index and Hang Seng Tech Index also opening lower. CATL and CMOC opened higher, while Alibaba and Baidu opened lower due to being listed on the U.S. military enterprise list. Meituan issued a profit warning, expecting a loss of 23.3 billion RMB last year, leading to a lower opening for its stock price. Overall market performance is relatively weak, with technology stocks generally declining U.S. inflation last month was lower than expected, while core inflation met expectations. The Dow Jones Industrial Average rose 0.1% last Friday (13th). The Hong Kong stock market today (16th) saw the Hang Seng Index open down 65 points or 0.2%, at 26,501 points; the Hang Seng China Enterprises Index opened down 7 points or 0.1%, at 9,025 points; and the Hang Seng Tech Index opened down 10 points or 0.2%, at 5,350 points. The quarterly review of the Hang Seng Index saw CATL (03750.HK), CMOC (03993.HK), and Lao Pu Gold (06181.HK) included, while Zhongsheng (00881.HK) was excluded. CATL and CMOC opened up 1.3% and 1.4%, respectively, while Lao Pu Gold opened up 0.2%. Beike-W (02423.HK) and Horizon-W (09660.HK), which were included in the Hang Seng China Enterprises Index, opened up 0.1% and 0.3%, respectively. China Resources Beer (00291.HK) and Mengniu (02319.HK), which were excluded from the Hang Seng China Enterprises Index but retained their Hang Seng Index component status, opened flat at HKD 26.72 and down 0.4%, respectively. Sands China (01928.HK) reported a 0.7% decrease in adjusted property EBITDA last year, with its stock opening down 0.2% at HKD 18.46. Competitor Galaxy Entertainment (00027.HK) opened down 1%. Anta (02020.HK) received written approval from shareholders for the acquisition of approximately 29% of PUMA, with its stock opening up 0.3% at HKD 84.5. Alibaba-W (09988.HK) and Baidu-SW (09888.HK), which were included in the "Chinese Military Enterprises List" by the U.S. Department of Defense, opened down 1.8% and 1.5%, respectively. BYD (01211.HK) and Nio-SW (09866.HK) opened down 0.8% and 1.1%, respectively. In other tech stocks, Meituan-W (03690.HK) issued a profit warning, expecting to report a loss of at least RMB 23.3 billion last year, and indicated that the loss trend would continue this quarter, with its stock opening down 0.6%. Tencent (00700.HK) opened down 0.4% at HKD 530, Kuaishou-W (01024.HK) opened flat at HKD 68.45, JD-SW (09618.HK) opened down 0.8%, and NetEase-S (09999.HK) opened up 1.8%. In the chip sector, SMIC (00981.HK) and Hua Hong (01347.HK) opened up 0.1% and 0.2%, respectively. In the automotive sector, Geely (00175.HK) opened down 1.4%, Xiaomi-W (01810.HK) opened flat at HKD 36.84, and Leapmotor (09863.HK) opened up 1.8%. In the financial sector, HSBC (00005.HK) opened down 1.7% at HKD 133.4, Hong Kong Exchanges and Clearing (00388.HK) opened down 0.5%, and AIA (01299.HK) opened up 0.9% ### Related Stocks - [03750.HK - CATL](https://longbridge.com/en/quote/03750.HK.md) - [BIDU.US - Baidu](https://longbridge.com/en/quote/BIDU.US.md) - [BABA.US - Alibaba](https://longbridge.com/en/quote/BABA.US.md) - [03993.HK - CMOC](https://longbridge.com/en/quote/03993.HK.md) - [09888.HK - BIDU-SW](https://longbridge.com/en/quote/09888.HK.md) - [09988.HK - BABA-W](https://longbridge.com/en/quote/09988.HK.md) - [BABX.US - BABA 2x Long Daily ETF - GraniteShares](https://longbridge.com/en/quote/BABX.US.md) - [MPNGY.US - Meituan](https://longbridge.com/en/quote/MPNGY.US.md) - [KBAB.US - KraneShares 2x Long BABA Daily ETF](https://longbridge.com/en/quote/KBAB.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | CATL Issues 5 Billion Yuan in Green Tech Bonds | CATL Issues 5 Billion Yuan in Green Tech Bonds | [Link](https://longbridge.com/en/news/275548064.md) | | UBS Reaffirms Their Buy Rating on Contemporary Amperex Technology Co., Limited Class H (3750) | UBS analyst David Lesne has reaffirmed a Buy rating on Contemporary Amperex Technology Co., Limited Class H (3750), sett | [Link](https://longbridge.com/en/news/275491719.md) | | U.S. Removes List Linking Alibaba, Baidu to China Military | The Pentagon added several Chinese companies, including Alibaba and Baidu, to its Section 1260H list, linking them to Ch | [Link](https://longbridge.com/en/news/275920712.md) | | Alibaba unveils new Qwen3.5 model for 'agentic AI era' | Alibaba has launched its new AI model, Qwen 3.5, which is designed for independent task execution and boasts significant | [Link](https://longbridge.com/en/news/276045126.md) | | U.S. withdraws Chinese military backed companies list-Federal Register | WASHINGTON, Feb 13 (Reuters) - The Trump administration on Friday withdrew an updated version of its list of Chinese mil | [Link](https://longbridge.com/en/news/275920026.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.