--- title: "Hong Kong Stocks Intraday | Hang Seng Index Down 1.86%, POP MART Drops Over 11%" type: "News" locale: "en" url: "https://longbridge.com/en/news/280576118.md" description: "Hong Kong stocks were under pressure during intraday trading on March 26, with the three major indices collectively retreating, led by the Hang Seng TECH Index. The jewelry retail, catering, and internet content sectors saw the largest declines, while POP MART and Kuaishou were actively traded but experienced sharp price drops. Overall market sentiment remains cautious as investors closely monitor Federal Reserve policy directions and economic trends in mainland China" datetime: "2026-03-26T06:33:01.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/280576118.md) - [en](https://longbridge.com/en/news/280576118.md) - [zh-HK](https://longbridge.com/zh-HK/news/280576118.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/280576118.md) | [繁體中文](https://longbridge.com/zh-HK/news/280576118.md) # Hong Kong Stocks Intraday | Hang Seng Index Down 1.86%, POP MART Drops Over 11% **Market Overview** ▪ During intraday trading on March 26, Beijing time, Hong Kong stocks were under pressure. As of now, the three major indices have collectively retreated, failing to sustain yesterday's gains, and sentiment is cautious. ▪ The Hang Seng Index stood at 24863.66 intraday, down 1.86%, failing to reach new highs and pulling back from its recent peak on March 25. It is currently consolidating below the previous high in the short term. ▪ The Hang Seng TECH Index was at 4772.26, down 3.06%, retreating from its stage high on March 25 and leading the decline. ▪ The Hang Seng China Enterprises Index was at 8394.36, down 2.19%, also failing to extend its stage high and experiencing a moderate pullback. ▪ As of press time, the indices are adjusting below their previous highs. Future focus will be on the digestion of pressure from previous highs and the recovery of risk appetite. **Sector Performance** ▪ The retailers sector, including jewelry, toys, and stationery, experienced significant declines. Weak consumer confidence severely dragged down performance. The leading stock POP MART (09992.HK) led the slump, with noticeable capital outflow from the sector. ▪ The internet content and information sector broadly declined. Leading stocks like Kuaishou -W (01024.HK) saw substantial pullbacks, indicating increasing pressure on the sector. ▪ The restaurant sector generally fell. Insufficient offline consumption momentum has led to sustained pressure on this sector, with market sentiment remaining low. **Macro Background** ▪ There have been no significant macroeconomic data releases in the Hong Kong stock market recently. Investors are currently paying close attention to the US Federal Reserve's monetary policy direction and mainland China's economic growth trends. ▪ The Hong Kong dollar exchange rate and related liquidity conditions are the current focus of market attention. It is necessary to monitor the impact of future key data on inflation and exports on the subsequent recovery of risk appetite. **Popular Stocks** ▪ Leapmotor (9863.HK) rose 2.10% intraday, with a turnover of HKD 476 million, showing some defensive attributes in a volatile market. ▪ 4Paradigm (6682.HK) was active, rising 4.69%, with a turnover of HKD 438 million. ▪ SenseTime -W (20.HK) fluctuated lower, falling 1.06%, with a turnover of HKD 476 million. ▪ Bright Smart Securities (1428.HK) saw a slight increase of 0.24%, with a turnover of HKD 439 million. ▪ Mengniu Dairy (2319.HK) rose against the trend, up 2.58% intraday, with a turnover of HKD 430 million, attracting interest from some risk-averse capital. **Top 10 Market Turnover** ▪ POP MART (09992.HK) latest trading price 149.30 HKD, decline 11.29%, turnover 12.885 billion ▪ Tencent Holdings (00700.HK) latest trading price 499.00 HKD, decline 1.29%, turnover 8.012 billion ▪ Meituan -W (03690.HK) latest trading price 86.15 HKD, decline 4.28%, turnover 7.944 billion ▪ Alibaba -W (09988.HK) latest trading price 123.90 HKD, decline 3.88%, turnover 7.831 billion ▪ Kuaishou -W (01024.HK) latest trading price 45.58 HKD, decline 14.08%, turnover 7.415 billion ▪ Xiaomi Group -W (01810.HK) latest trading price 32.56 HKD, increase 0.12%, turnover 5.000 billion ▪ Yangtze Optical Fibre and Cable (06869.HK) latest trading price 182.00 HKD, decline 1.62%, turnover 4.215 billion ▪ CNOOC (00883.HK) latest trading price 29.02 HKD, increase 1.82%, turnover 3.277 billion ▪ China Life Insurance (02628.HK) latest trading price 25.00 HKD, decline 8.63%, turnover 2.775 billion ▪ SMIC (00981.HK) latest trading price 53.40 HKD, decline 5.49%, turnover 2.572 billion ### Related Stocks - [POP MART (09992.HK)](https://longbridge.com/en/quote/09992.HK.md) - [Hang Seng Index (00HSI.HK)](https://longbridge.com/en/quote/00HSI.HK.md) - [LEAPMOTOR (09863.HK)](https://longbridge.com/en/quote/09863.HK.md) - [PHANCY (06682.HK)](https://longbridge.com/en/quote/06682.HK.md) - [SENSETIME-W (00020.HK)](https://longbridge.com/en/quote/00020.HK.md) - [BRIGHT SMART (01428.HK)](https://longbridge.com/en/quote/01428.HK.md) - [MENGNIU DAIRY (02319.HK)](https://longbridge.com/en/quote/02319.HK.md) - [TENCENT (00700.HK)](https://longbridge.com/en/quote/00700.HK.md) - [MEITUAN-W (03690.HK)](https://longbridge.com/en/quote/03690.HK.md) - [BABA-W (09988.HK)](https://longbridge.com/en/quote/09988.HK.md) - [KUAISHOU-W (01024.HK)](https://longbridge.com/en/quote/01024.HK.md) - [XIAOMI-W (01810.HK)](https://longbridge.com/en/quote/01810.HK.md) - [YOFC (06869.HK)](https://longbridge.com/en/quote/06869.HK.md) - [CNOOC (00883.HK)](https://longbridge.com/en/quote/00883.HK.md) - [CHINA LIFE (02628.HK)](https://longbridge.com/en/quote/02628.HK.md) - [SMIC (00981.HK)](https://longbridge.com/en/quote/00981.HK.md) - [Hang Seng TECH Index (STECH.HK)](https://longbridge.com/en/quote/STECH.HK.md) ## Related News & Research - [Pop Mart shares sink despite revenue surge, as analysts say Labubu reliance worries investors](https://longbridge.com/en/news/280487493.md) - [Hong Kong vows to boost green finance and innovation role for sustainable growth](https://longbridge.com/en/news/280053574.md) - [Cnooc Appoints Huang Yongzhang as Its Vice Chairman, Executive Director, President and Member of the Strategy and Sustainability Committee](https://longbridge.com/en/news/280207453.md) - [Pop Mart Revenue Tops 30 Billion Net Profit Surges 284%, Why Did Stock Price Plummet 15%?](https://longbridge.com/en/news/280420484.md) - [Tencent (TCEHY) Brings AI Agents to WeChat's 1 Billion Users as Alibaba and Baidu Race Ahead](https://longbridge.com/en/news/280061085.md)