I'm LongbridgeAI, I can summarize articles.The Hang Seng Index opened 37 points higher, reporting at 25,358 points. JD LOGISTICS stock price opened 6.43% higher, and JD Health opened 3.57% higher. The three major U.S. stock indices all fell, with the Dow Jones down 784 points. Oil prices rose to the highest level of 2024 due to the conflict in Iran. Southbound funds net sold HKD 27.735 billion in Hong Kong stocks, with Tencent receiving a net purchase of nearly HKD 7 billion for five consecutive days
The conflict in Iran continues, and oil prices have risen to their highest level since mid-2024. All three major U.S. stock indices fell on Thursday, with the Dow Jones Industrial Average dropping as much as 1,162 points, closing down 784 points or 1.61% at 47,954 points; the S&P 500 fell 38 points or 0.56% to 6,830 points; the Nasdaq dropped 58 points or 0.26% to 22,748 points; the Golden Dragon Index, which reflects the performance of Chinese concept stocks, declined 1.43% to 6,913 points.
Related article: The situation in the Middle East remains unclear, market concerns reignite, oil prices surge, and the Dow closed down 784 points after dropping over 1,100 points.
In Hong Kong stocks, the Hang Seng Index opened up 37 points at 25,358 points. Major tech stocks remained stable, with Tencent (700) rising 0.39%; Alibaba (9988) up 0.47%; Meituan (3690) unchanged; Xiaomi (1810) up 0.87%; and NetEase (9999) up 1.78%.
JD.com (9618) reported a 90% year-on-year decline in adjusted net profit for the fourth quarter last year, in line with expectations; it opened at HKD 98.5, up 1.59%. JD Logistics (2618) saw a 7.5% increase in adjusted profit last year, with its stock price opening up 6.43%. JD Health (6618) reported a 68.9% increase in adjusted profit for the year, with its stock price also opening up 3.57%.
Bilibili (9626) fell 2.75% to HKD 204.8, despite the company reporting a 94% year-on-year increase in adjusted net profit for the fourth quarter, exceeding expectations.
Other focus stocks include PetroChina (857) up 1.46%; AIA (1299) up 1% at HKD 86.
Regarding the northbound capital flow, on Thursday, southbound funds net sold HK stocks worth HKD 27.735 billion. Tencent (700), CNOOC (883), and Shandong Molong (568) saw net purchases of HKD 1.541 billion, HKD 322 million, and HKD 82.7 million, respectively; notably, Tencent has seen net purchases for five consecutive days, with a cumulative net purchase amount of nearly HKD 7 billion. Tracker Fund (2800), Hang Seng China Enterprises (2828), and Southern Hang Seng Technology (3033) faced net sales of HKD 13.661 billion, HKD 6.073 billion, and HKD 3.9 billion, respectively