--- title: "\"Hong Kong Stocks\" The Hang Seng Index rose 197 points in the half-day, New World Development increased nearly 7%, Tencent and Meituan performed well" description: "Hong Kong stocks rebounded after the futures settlement day, with the Hang Seng Index rising 197 points to 26,578 points in the first half of the day. In the real estate sector, Sun Hung Kai Propertie" type: "news" locale: "en" url: "https://longbridge.com/en/news/277141638.md" published_at: "2026-02-27T04:30:51.000Z" --- # "Hong Kong Stocks" The Hang Seng Index rose 197 points in the half-day, New World Development increased nearly 7%, Tencent and Meituan performed well > Hong Kong stocks rebounded after the futures settlement day, with the Hang Seng Index rising 197 points to 26,578 points in the first half of the day. In the real estate sector, Sun Hung Kai Properties rose nearly 7%, with a 17% increase in half-year underlying profit. In the technology sector, both Tencent and Meituan saw increases, rising 2.8% and 2.1% respectively. The overall market turnover was HKD 121.827 billion After the Hong Kong stock market's futures settlement day on the 26th, which saw a drop of 384 points or 1.4%, the market rebounded in the early session today (27th). The Hang Seng Index opened 66 points higher and the gains expanded, reaching a peak of 225 points at 26,606 points. By midday, it rose 197 points or 0.75%, closing at 26,578 points; the Hang Seng China Enterprises Index increased by 35 points or 0.4%, closing at 8,849 points, while the Hang Seng Tech Index rose by 53 points or 1%, closing at 5,162 points. The total turnover of the market at midday was HKD 121.827 billion. In the real estate sector, Sun Hung Kai Properties (00016.HK) reported a 17% increase in basic profit for the half-year, with an interim dividend raised to HKD 0.98. Its stock price rose by 6.8%, with brokers noting that the increased dividend was surprising and indicated higher future earnings transparency. New World Development (00017.HK), Sino Land (00083.HK), and Cheung Kong Holdings (01113.HK) rose between 2% and 2.8%. In the technology sector, Baidu (09888.HK) reported a 42% year-on-year decline in non-GAAP net profit for the fourth quarter of last year, slightly exceeding market expectations, and its stock rebounded by 0.7% in the early session. It was reported that Meituan (03690.HK) postponed its Keeta launch plan in Rio de Janeiro, Brazil, and its stock rose by 2.1%. Tencent (00700.HK) and NetEase (09999.HK) increased by 2.8%, while Alibaba (09988.HK) and JD.com (09618.HK) rose by 1% and 0.8%, respectively. Kuaishou (01024.HK) fell by 1.2%, while Bilibili (09626.HK) rose by 3.2%. In the chip sector, SMIC (00981.HK) fell by 0.8%, Hua Hong Semiconductor (01347.HK) dropped by 2%, and Innodisk (02577.HK) and Bairun (06082.HK) fell by 3.4% and 3.9%, respectively. In the AI sector, Zhizhu (02513.HK) fell by 0.7%, while Haizhi Technology (02706.HK) and MiniMax (00100.HK) dropped by 10.1% and 9.1%, respectively. SenseTime (00020.HK) and Yunzhisheng (09678.HK) rose by 6.1% and 7.6%. Cloud service provider Kingsoft Cloud (03896.HK) and software company Kingdee (00268.HK) rose by 9.1% and 4.3%. In the wire sector, Changfei Optical Fiber (06869.HK) rose by 3.8%, while power equipment stock Dongfang Electric (01072.HK) retreated by 4.6%. In the automotive sector, BYD (01211.HK) and Xiaomi (01810.HK) fell by 0.4% and 0.3%, respectively. Reports indicated that Stellantis (STLA.US) is researching the introduction of Leapmotor (09863.HK) technology to reduce costs for European budget brands, and Leapmotor fell by 1.3%. Stocks related to autonomous driving, Xiaoma Zhixing (02026.HK) and Hesai (02525.HK), rose by 6.8% and 4.6%. In the pharmaceutical sector, BeiGene (06160.HK) turned from loss to profit for the full year, with a net profit of USD 287 million, and its stock price fell by 2.3%. WuXi AppTec (02268.HK) and WuXi Biologics (02269.HK) rose by 7.6% and 4.2%, while CSPC Pharmaceutical (01093.HK) rose by 2.9%. In the financial sector, HSBC (00005.HK) and AIA (01299.HK) rose by 1.3% and 1.6%, respectively, while Hong Kong Exchanges and Clearing (00388.HK) rose by 0.5%. Standard Chartered (02888.HK) increased by 2.9% to HKD 200, while Postal Savings Bank (01658.HK) fell by 2.2% CK Hutchison Holdings (00001.HK) fell 2.4% in early trading. Cement stocks Anhui Conch Cement (00914.HK) dropped 3.3%, and Conch Venture (00586.HK) fell 4.2%. Airline stocks China Southern Airlines (01055.HK), China Eastern Airlines (00670.HK), and Air China (00753.HK) declined by 3.6% to 4%. 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