--- title: "\"Hong Kong Stocks\" The Hang Seng Index opened 87 points lower, China Mobile remained stable, and BYD rose against the trend" type: "News" locale: "en" url: "https://longbridge.com/en/news/280713481.md" description: "The Hong Kong stock market opened lower in the morning, with the Hang Seng Index dropping 87 points to 24,768 points. Several blue-chip companies announced their earnings, with China Mobile's annual net profit slightly declining by 0.9%, and its stock price opening flat; Meituan reported a loss of 14.025 billion RMB, with its stock price opening down 0.6%; BYD's stock price rose by 2.7%. Overall market performance was affected by the decline in US stocks and international situations" datetime: "2026-03-27T01:40:25.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/280713481.md) - [en](https://longbridge.com/en/news/280713481.md) - [zh-HK](https://longbridge.com/zh-HK/news/280713481.md) --- # "Hong Kong Stocks" The Hang Seng Index opened 87 points lower, China Mobile remained stable, and BYD rose against the trend The Dow Jones Industrial Average closed down 469 points or 1% on the evening of the 26th. Trump extended the suspension of attacks on Iranian energy facilities until the 6th of next month, leading to a lower opening for Hong Kong stocks. The Hang Seng Index opened down 87 points or 0.4%, at 24,768 points; the Hang Seng China Enterprises Index opened down 12 points or 0.1%, at 8,377 points; the Hang Seng Tech Index opened down 20 points or 0.4%, at 4,740 points. Several blue-chip companies announced their earnings. Meituan (03690.HK) reported an adjusted EBITDA loss of RMB 14.025 billion for the last quarter, with its stock opening down 0.6% at RMB 86.15. SMIC (00981.HK) saw a 9% increase in annual net profit, with its stock opening down 2%. China Mobile (00941.HK) reported a 0.9% decline in annual net profit and increased its final dividend, expecting capital expenditure of RMB 136.6 billion this year, with its stock opening flat at RMB 77.5. Haier Smart Home (06690.HK) reported a 4.4% increase in annual net profit and plans to spend RMB 3 billion to RMB 6 billion to repurchase A-shares, with its stock opening down 3.5%. Ping An Insurance (02318.HK) reported a 7% year-on-year increase in annual net profit, with its stock opening down 1.1%. CNOOC (00883.HK) reported a 12% decline in annual net profit, with its stock opening down 0.8%. China National Pharmaceutical Group (01177.HK) reported a 31% increase in annual basic profit, with its stock opening flat at RMB 5.82. China Gold International (02099.HK) opened down 2.6%, and Zijin Mining (02899.HK) opened down 0.8%. Shandong Gold (01787.HK) reported a 61% increase in annual net profit, with its stock opening down 5.8%. Lingbao Gold (03330.HK) reported a 121% increase in annual net profit, with its stock opening down 1.7%. Jiangxi Copper (00358.HK) reported a 7% increase in last year's net profit, and its controlling shareholder was approved to sell up to RMB 5 billion in exchangeable bonds, with its stock opening down 2.5%. In other tech stocks, Tencent (00700.HK) and Kuaishou (01024.HK) opened down 0.9% and 1.3%, respectively, Baidu (09888.HK) opened down 1.5%, and JD.com (09618.HK) opened up 0.4%. Alibaba (09988.HK) opened flat at RMB 123. In the automotive sector, BYD (01211.HK) opened up 2.7% at RMB 105.5, while Xiaomi (01810.HK) opened down 0.4%. Leapmotor's first A-series model A10 was launched, priced starting at RMB 65,800, with Leapmotor (09863.HK) opening flat at RMB 46.44. In the financial sector, HSBC (00005.HK) opened flat at RMB 124.8, Hong Kong Exchanges and Clearing (00388.HK) opened flat at RMB 390.6, and AIA (01299.HK) opened down 3.4% at RMB 84.05. Pop Mart (09992.HK) opened up 1.6% ### Related Stocks - [45910.HK](https://longbridge.com/en/quote/45910.HK.md) - [002594.CN](https://longbridge.com/en/quote/002594.CN.md) - [03115.HK](https://longbridge.com/en/quote/03115.HK.md) - [00941.HK](https://longbridge.com/en/quote/00941.HK.md) - [03690.HK](https://longbridge.com/en/quote/03690.HK.md) - [600941.CN](https://longbridge.com/en/quote/600941.CN.md) - [01211.HK](https://longbridge.com/en/quote/01211.HK.md) - [00HSI.HK](https://longbridge.com/en/quote/00HSI.HK.md) - [MPNGY.US](https://longbridge.com/en/quote/MPNGY.US.md) ## Related News & Research - [Forget cellular data: China’s telecoms giants are selling AI token plans](https://longbridge.com/en/news/286750580.md) - [BYD to introduce Shark pickup to Fang Cheng Bao lineup in China this year](https://longbridge.com/en/news/286337032.md) - [BYD Denza hits 500,000-vehicle production milestone with N9 flash charging edition](https://longbridge.com/en/news/286645881.md) - [BYD in talks with automakers over European factory takeovers](https://longbridge.com/en/news/286502331.md) - [Fang Cheng Bao SUV delivery delays highlight BYD's manufacturing pressure amid tech transition](https://longbridge.com/en/news/286999045.md)