ICBCCS CSI Hong Kong Connect Automobile Industry Thematic ETF

Hong Kong Auto ETF Fund Appoints Liu Zihao as Fund Manager

The police arrested 71 people in an operation codenamed "Cloud Piercing," involving money laundering and fraud activities. The victims include a multinational used car dealership, with losses amounting to HKD 134 million. The scam involved hacking into the communication software of company executives, impersonating them to request fund transfers. This operation involved a total of 69 fraud cases, 182 victims, with total losses exceeding HKD 214 million

AASTOCKS

71 people arrested for money laundering and fraud, with a multinational second-hand car dealership defrauded of HKD 134 million

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The Hong Kong stock market opened higher in the morning, with the Hang Seng Index rising 97 points to 26,863 points, and the National Index and Hang Seng Tech Index opening up 25 points and 8 points respectively. Alibaba opened up 1%, Sunny Optical opened up 0.2%. Anta acquired a stake in Puma, with its stock opening up 1.5%. Zijin Gold International fully acquired United Gold, with its stock opening up 3%. Other tech stocks showed mixed performance, with Tencent opening up 0.1% and JD.com opening down 0.2%

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ZIJIN MINING

Zijin Mining

Alibaba

ZIJIN GOLD INTL

"Hong Kong Stocks" Hang Seng Index opened high, up 97 points, Anta rises, Zijin up 4%

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At the meeting of the Legislative Council's Environment Affairs Committee, the Secretary for the Environment and Ecology, Tse Chin-wan, stated that the plan is to increase the proportion of zero-carbon electricity imported from the mainland to Hong Kong to 60% to 70% by 2035. He mentioned that the financing methods for electricity supply and electricity prices are still under discussion, and he is open to any technology that can promote the use of electric vehicles

Hang Seng Index

Xie Zhanhuan: It is hoped that by 2035, the proportion of electricity purchased in the mainland can reach 60% to 70%

This month, the financing amount of only five IPO transactions in Europe has reached a quarter of the total for the entire year of 2025, marking the fastest annual start since 1995. The defense sector is leading the IPO boom, while industries such as industrial, logistics, and technology are expected to be key areas for growth in European IPO activities this year

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In 2026, European IPO financing set a record at the beginning of the year, showing signs of market recovery

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MININGLAMP-W fell 15.83%; SenseTime-W fell 1.21%, with a transaction amount reaching HKD 647 million; Horizon Robotics-W fell 2.76%, with a transaction amount reaching HKD 583 million; Weimob Group rose 4.70%, with a transaction amount reaching HKD 464 million; Pony.ai-W fell 4.78%, with a market value of HKD 54.4 billion

HK Stock Movers Tracker

MININGLAMP-W

Hong Kong stock movement: MININGLAMP-W fell by 15.83%, with clear capital flow, and increased volatility has attracted market attention

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On January 23rd, PATEO experienced a day of volatility and weakness, with limited rebound momentum during the session and noticeable capital outflow. Recently, the smart connected and automotive technology sectors have cooled down, with factors such as slower industry project approval processes and delays in new intelligent orders putting pressure on related companies. Market sentiment has become more cautious, bullish momentum has weakened, and the overall weakness of the sector is evident. 

From a technical perspective, the stock price has been operating below the main moving averages for several consecutive days, and market confidence continues to be under pressure. Occasional rebounds during the session have been accompanied by low trading volumes, with main capital leaning towards short-term profit-taking, resulting in significant selling pressure overall. There are currently no new positive news in the industry, and the market is primarily engaged in stock capital games, with structural resistance being prominent. 

At present, the market is focused on the progress of industry approvals and potential business synergy signals. Only a substantial reversal or new synergies can change the current pressure on the sector. Short-term risks still need to be monitored for sudden negative news or accelerated capital outflow. The short-term recommendation is to remain cautious and wait for new catalytic opportunities at the sector or company level

Technical Forecast

ChinaAMC CSI Hong Kong Connect Automobile Industry Thematic ETF

China Universal CSI Hong Kong Connect Automobile Industry Thematic ETF

GF Fund CSI Hong Kong Connect Automobile Industry Thematic ETF

E Fund Hang Seng SCHK Automobile ETF

PATEO

PATEO (2889.HK) weakened during the session, pressured by the automotive technology sector

TSLA

"Super Earnings Week," technology giants Microsoft, Apple, Tesla, storage giants Samsung and SK Hynix, among others, are intensively releasing their earnings reports, with AI technology and the semiconductor cycle becoming the core highlights. On the macro level, the Federal Reserve's interest rate decision is expected to remain unchanged, and the market is concerned about whether the interest rate cut window will be delayed; key economic data from China and the U.S. will also be released. At the same time, geopolitical risks, the selection of the Federal Reserve Chair, and the potential government shutdown in the U.S. will continue to disrupt global risk aversion sentiment. The China Space Computing Power Seminar is being held

- The upcoming week from January 26 to February 1 features significant financial events, primarily focusing on the "super earnings week," with major tech companies like Microsoft, Meta, and Tesla reporting, emphasizing AI capital expenditure's profitability.  
- The Federal Reserve is expected to keep interest rates unchanged, with potential delays for future rate cuts tied to economic indicators and political factors, including the announcement of a new Fed chair.  
- Various industry conferences will take place, including discussions on AI and storage solutions, alongside crucial economic data releases from the U.S. and China.

Invesco S&P 500 Eq Wgt ETF

Global X Data Center & Dgtl Infrs ETF

S&P 500

T-Rex 2X Long Tesla Daily Target ETF

GraniteShares 1.25 Long TSLA Daily ETF

GraniteShares 2x Long MSFT Daily ETF

ISHRS S&P Glb It

First Trust Cloud Computing

Dow Jones U.S. Index

Samsung Electronics 

VanEck Semiconductor ETF

First Trust Nasdaq Food & Semicon

ProShares Ultra Dow30 ETF

NASDAQ Composite Index

GraniteShares 2x Long TSLA Daily ETF

iShares Future AI & Tech ETF

Spdr Select Tech

iShares Expanded Tech Software Sector ETF

Guggenheim DJIA Ave Div

SPDR Djia

Tesla

Invesco Semiconductors ETF

Ps S&P Low Vol

iShares Dow Jones US

VG S&P 500

Direxion Daily TSLA Bull 2X Shares

Pro UltrPro Dow30

First Trust Nasdaq Cybersecurity

Federal Reserve decision + China-U.S. data + tech giants' earnings reports! Global markets enter the "eye of the storm"

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The Hong Kong stock market rose in the morning session, with the Hang Seng Index up 88 points, reporting at 26,718 points. Alibaba supports its subsidiary chip company to go public, with its stock price rising by 2.6%. POP MART's stock price surged over 6% due to the release of Valentine's Day limited edition products. Xiaomi announced a share repurchase plan of 2.5 billion yuan, with its stock price rising by 2.5%. The total trading volume of the market for the half-day reached 127.938 billion yuan

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POP MART

"Hong Kong Stocks" The Hang Seng Index rose 88 points in the half-day, with Alibaba and Xiaomi gaining, and POP MART rising over 6%

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The Hang Seng Index opened 231 points higher this morning, reporting at 26,861 points. Alibaba's chip company is rumored to be going public independently, with its stock price opening up 3.88% at HKD 171.2. POP MART rose 4.27% due to the attention on its Valentine's Day limited edition blind boxes. U.S. stocks rebounded, with technology stocks generally rising, supported by robust economic data, as the Labor Department reported unemployment claims lower than expected. Southbound funds net bought HKD 5.239 billion in Hong Kong stocks, with Alibaba and several other stocks receiving net purchases

- US stocks rebounded on Thursday amid easing tensions with Europe and strong economic data, with the Dow Jones rising 306 points to 49,384.  
- The US labor department reported an increase of 1,000 in initial unemployment claims to 200,000, below expectations, and GDP growth was revised to 4.4% for Q3 2025.  
- In Hong Kong, the Hang Seng Index rose 231 points to 26,861, supported by significant net buying from southbound funds, particularly for Alibaba and JD.com.

Stheadline

ALI HEALTH

The Hang Seng Index opened up 231 points. Alibaba's chip business is rumored to be listed independently, with its stock price rising 3.8%. POP MART rose 4% | Hong Kong stock market opens

The Hong Kong stock market opened higher, with the Hang Seng Index up 231 points at 26,861 points. Alibaba opened 3.9% higher due to support for its chip company to go public independently. POP MART's stock price rose 4.3% due to the launch of a Valentine's Day limited edition. Other tech stocks such as JD.com opened 2.6% higher, while Tencent opened flat. Xiaomi announced a share buyback plan of 2.5 billion yuan. Financial stock HSBC opened 0.5% higher

FI2 CSOP HSI

TENCENT

KraneShares 2x Long BABA Daily ETF

CSOP HS TECH

BABA 2x Long Daily ETF - GraniteShares

FL2 CSOP HSI

FI CSOP HSI

"Hong Kong Stocks" The Hang Seng Index opened 231 points higher, with Alibaba and POP MART rising 4%

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The Hong Kong stock market opened softly, with the Hang Seng Index down 39 points at 26,447 points. The National Index fell 24 points, while the Hang Seng Tech Index rose 8 points. The total turnover was HKD 127.653 billion. Anta dropped over 5%, while SMIC rose 4.7%. Baidu's stock price increased by 3.3% due to a target price adjustment. Technology stocks showed mixed performance, with Tencent slightly down 0.2% and Alibaba up 1.1%. In the automotive sector, BYD rose 1.1%

HUA HONG SEMI

BIDU-SW

In the Hong Kong stock market, the Hang Seng Index fell 39 points in the first half of the day, Anta dropped over 5%, and SMIC HUA HONG SEMI rose

ICBCCS CSI Hong Kong Connect Automobile Industry Thematic ETF(159237.SZ)

71 people arrested for money laundering and fraud, with a multinational second-hand car dealership defrauded of HKD 134 million

"Hong Kong Stocks" Hang Seng Index opened high, up 97 points, Anta rises, Zijin up 4%

Xie Zhanhuan: It is hoped that by 2035, the proportion of electricity purchased in the mainland can reach 60% to 70%

In 2026, European IPO financing set a record at the beginning of the year, showing signs of market recovery

Hong Kong stock movement: MININGLAMP-W fell by 15.83%, with clear capital flow, and increased volatility has attracted market attention