--- title: "\"Hong Kong Stocks\" Hang Seng Index opened lower by 184 points, airline stocks under pressure, CATHAY JUNAN I dropped over 6%" type: "News" locale: "en" url: "https://longbridge.com/en/news/282470857.md" description: "The Hong Kong stock market opened lower in the morning, with the Hang Seng Index down 184 points to 25,708 points, and the National Index and Hang Seng Tech Index also opening lower by 48 points and 33 points, respectively. Airline stocks were under pressure, with GUOTAI JUNAN I's stock price opening down 6.5%, and CATHAY PAC AIR reducing flights in response to high oil prices, opening down 1.7%. Oil prices returned to $100, affecting the stock prices of several express delivery companies, with JD Logistics and SF Holding opening flat. Financial stocks HSBC and Standard Chartered opened lower, while the Hong Kong Stock Exchange and AIA also saw declines. Technology stocks generally opened lower, with Tencent and Alibaba down 0.8% to 1.2%" datetime: "2026-04-13T01:35:30.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/282470857.md) - [en](https://longbridge.com/en/news/282470857.md) - [zh-HK](https://longbridge.com/zh-HK/news/282470857.md) --- # "Hong Kong Stocks" Hang Seng Index opened lower by 184 points, airline stocks under pressure, CATHAY JUNAN I dropped over 6% Negotiations between the United States and Iran over nuclear issues have yielded no results, and the U.S. has announced a blockade of the Strait of Hormuz, causing oil prices to rise above $100. The Hong Kong stock market opened lower, with the Hang Seng Index down 184 points or 0.7%, at 25,708 points; the National Index down 48 points or 0.6%, at 8,606 points; and the Hang Seng Tech Index down 33 points or 0.7%, at 4,826 points. In the oil sector, CNOOC (00883.HK) opened up 1.7%. Airline stocks China Southern Airlines (01055.HK), China Eastern Airlines (00670.HK), and Air China (00753.HK) opened down 2.3% to 2.4%. Cathay Pacific (00293.HK) announced flight reductions in response to high oil prices, with its stock opening down 1.7%. Affected by regional tensions and oil price fluctuations, several express delivery companies in mainland China have raised prices, with ZTO Express (02057.HK) opening down 0.3%, JD Logistics (02618.HK) and J&T Express (01519.HK) each opening down 0.8%, and SF Express (06936.HK) flat at HKD 35.5. The Hong Kong Monetary Authority has issued the first two stablecoin issuer licenses to a joint venture led by HSBC and Standard Chartered, with HSBC (00005.HK) and Standard Chartered (02888.HK) opening down 0.9% and 1.3%, respectively. Guotai Junan International (01788.HK) opened down 6.5%. In other financial stocks, Hong Kong Exchanges and Clearing (00388.HK) opened down 1%, and AIA (01299.HK) opened down 2.1%. MiniMax M2.7 is globally open-source and is the first self-evolving model, with MiniMax (00100.HK) opening up 3%. Zhizhu (02513.HK) opened up 1%. In other tech stocks, Tencent (00700.HK), Alibaba (09988.HK), and Meituan (03690.HK) opened down 0.8% to 1.2%, while NetEase (09999.HK) and Baidu (09888.HK) opened down 2% and 3%, respectively. Kuaishou (01024.HK) opened down 0.3%, while JD (09618.HK) and Bilibili (09626.HK) opened up 0.7% and 1%, respectively. In the chip sector, SMIC (00981.HK) and Hua Hong (01347.HK) opened down 1.5% and 1.1%. GAC (02238.HK) is about to mass-produce embodied intelligent robots, with the stock opening flat at HKD 3.18. In other automotive stocks, Geely (00175.HK) and BYD (01211.HK) opened up 0.7%, Xiaomi (01810.HK) opened down 0.6%, and Nio (09866.HK) opened up 4.2% ### Related Stocks - [00293.HK](https://longbridge.com/en/quote/00293.HK.md) - [01788.HK](https://longbridge.com/en/quote/01788.HK.md) ## Related News & Research - [Gas prices are skyrocketing from the Iran war. Is this the electric car’s time to shine? What to know before investing in one](https://longbridge.com/en/news/282416790.md) - [Cathay Pacific to cut flights from mid-May to end-June as jet fuel prices surge](https://longbridge.com/en/news/282411769.md) - [Korean AI chip startup DeepX prepares public share offering](https://longbridge.com/en/news/282627398.md) - [Dara Capital US Inc. Invests $862,000 in Alibaba Group Holding Limited $BABA](https://longbridge.com/en/news/282439306.md) - [Assessing Fortum (HLSE:FORTUM) Valuation After New European Nuclear Fuel Supply Agreement](https://longbridge.com/en/news/282423964.md)