--- title: "The Hang Seng Index rose 468 points in the first half of the day, JD Logistics increased by 21%, technology stocks led the market, and ATM rose by 4% | Hong Kong stock market opens" type: "News" locale: "en" url: "https://longbridge.com/en/news/278026470.md" description: "The Hong Kong stock market performed strongly this morning, with the Hang Seng Index closing at 25,788 points at noon, up 468 points or 1.85%. Technology stocks led the gains, with JD LOGISTICS soaring 21.3% and JD.com rising 8.51%. Technology stocks such as Alibaba, Tencent, and Meituan also saw increases. Domestic demand stocks like Mengniu and HAIDILAO were also in high demand. All three major U.S. stock indices fell on Thursday, reigniting market concerns" datetime: "2026-03-06T04:28:52.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/278026470.md) - [en](https://longbridge.com/en/news/278026470.md) - [zh-HK](https://longbridge.com/zh-HK/news/278026470.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/278026470.md) | [繁體中文](https://longbridge.com/zh-HK/news/278026470.md) # The Hang Seng Index rose 468 points in the first half of the day, JD Logistics increased by 21%, technology stocks led the market, and ATM rose by 4% | Hong Kong stock market opens Hong Kong stocks rose steadily this morning, with the Hang Seng Index opening slightly higher by 37 points, then briefly falling by 53 points, before regaining momentum, rising by as much as 481 points. It closed at 25,788 points, up 468 points or 1.85%. The turnover was HKD 141.272 billion. The Tech Index rose by 177 points or 3.7%, closing at 4,973 points. JD.com’s performance was strong after its results, with JD Logistics (2618) soaring 21.3% in the first half of the day, making it the best-performing blue chip; JD.com (9618) also rose 8.51%; JD Health (6618) increased by 3.49%. Tech stocks led the market, with Alibaba (9988) up 4.27%, closing at HKD 131.7; Tencent (700) rose 3.98%, closing at HKD 522; Meituan (3690) also increased by 3.96%; Xiaomi (1810) and NetEase (9999) both rose by 5.9%; Trip.com (9961) surged by 7%. Bilibili (9626) fell 2.37% despite its results. Consumer stocks were in demand, with Mengniu (2319) rising 5.89% in the first half of the day; Haidilao (6862) and Jiumaojiu (9922) both rose by 3%; Li Ning (2331) and Anta (2020) increased by 2.2% and 1.46%, respectively. ——— 0930: The conflict in Iran continues, pushing oil prices 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 by 38 points or 0.56%, closing at 6,830 points; the Nasdaq dropped by 58 points or 0.26%, closing at 22,748 points; the Golden Dragon Index, which reflects the performance of Chinese concept stocks, fell by 1.43%, closing at 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 37 points higher, at 25,358 points. Major tech stocks remained stable, with Tencent (700) up 0.39%; Alibaba (9988) up 0.47%; Meituan (3690) unchanged; Xiaomi (1810) up 0.87%; 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) reported 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%, closing at 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 included PetroChina (857) up 1.46%; AIA (1299) up 1%, closing at HKD 86. Regarding northbound capital flows, on Thursday, southbound funds net sold HKD 27.735 billion in Hong Kong stocks. 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; It is worth noting that Tencent has seen net buying for five consecutive days, with a cumulative net buying amount of nearly HKD 7 billion. Tracker Fund of Hong Kong (2800), Hang Seng China Enterprises (2828), and Southern Hang Seng Technology (3033) have experienced net selling of HKD 13.661 billion, HKD 6.073 billion, and HKD 3.9 billion, respectively ### Related Stocks - [Hwabao CSI HK Equities Internet ETF (513770.CN)](https://longbridge.com/en/quote/513770.CN.md) - [KraneShares 2x Long BABA Daily ETF (KBAB.US)](https://longbridge.com/en/quote/KBAB.US.md) - [BABA-W (09988.HK)](https://longbridge.com/en/quote/09988.HK.md) - [HAIDILAO (06862.HK)](https://longbridge.com/en/quote/06862.HK.md) - [JD.com, Inc. (JD.US)](https://longbridge.com/en/quote/JD.US.md) - [JD LOGISTICS (02618.HK)](https://longbridge.com/en/quote/02618.HK.md) ## Related News & Research - [Can JD Property’s overseas push reshape its IPO valuation story?](https://longbridge.com/en/news/277170005.md) - [China's JD.com Margin Slide Exposes Costly Battle With Alibaba, Meituan](https://longbridge.com/en/news/277930829.md) - [Alibaba forms task force to boost AI development after Qwen chief's exit](https://longbridge.com/en/news/277877051.md) - [JD.com Q4 earnings on deck: What to expect](https://longbridge.com/en/news/277814545.md) - [Head of Alibaba's Qwen AI division resigns](https://longbridge.com/en/news/277711975.md)