Dacheng Hang Seng Index Fund(LOF)-A

Sony and Tencent settle lawsuit over 'Horizon clone' game 'Light of Motiram'

Xiaomi repurchased 3.8 million B shares for HKD 150.7 million

Meituan LongCat Team Releases and Opensourced Virtual Human Video Generation Model

Meituan LongCat Team Releases SOTA Virtual Person Video Generation Model LongCat-Video-Avatar

BYD Enters Iraqi Market with Sharker 6 Pick-up

Google tops the 2025 World's 500 Most Influential Brands, with Tencent ranking high among Chinese brands

Tencent repurchased 1.1 million shares on December 18

Alibaba reduces its stake in LeTV Holdings by 6.82 million shares

US investors increase holdings in Chinese tech ETFs in 2025

BYD Announces Sales of 4.18 Million Vehicles in the First 11 Months

Cross-boundary Travel Scheme Launched as 'Yue Vehicle Southward' Policy Comes into Effect

Xiaomi establishes a joint venture property insurance company, expanding its presence in the financial sector

Southbound capital net buys Xiaomi for 14 consecutive days, with a cumulative amount exceeding HK$13.8 billion

Xiaomi Announces the Release of the Xiaomi 17 Ultra Smartphone Next Week

Susquehanna Reiterates 'Positive' Rating on Alibaba with a $190 Price Target

AI Pharma Company Insilico Medicine Launches IPO Today with Tencent as a Cornerstone Investor

Huatai Securities releases a research report analyzing the profit realization period for the internet travel and food delivery industries

HKEX Seeks Market Feedback on Optimizing Hand Size Trading Framework

Shenzhen Alibaba Center Partners with Go Global to Empower SMEs for Overseas Expansion

Meituan's '18 Member Surprise Day' event surpasses 100 million yuan in transaction value within 24 hours

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BYDDY

BYDDF

002594

BYD has officially entered the Iraqi automotive market, launching the Shark 6 pickup. The brand held a launch event in Baghdad, marking a strategic move in the region. BYD offers eight models in Iraq, including PHEVs and BEVs, and plans to establish after-sales service centers. The Shark 6, a hybrid pickup, is not available in China but has been launched in several other markets. BYD's entry into Iraq is part of its regional strategic layout.

- BYD has officially entered the Iraqi automotive market, launching its brand in Baghdad and introducing the Shark 6 pickup model.  
- From January to November, BYD sold 38,266 units overseas, with the Shark selling 3,594 units in November alone.  
- The company aims to develop a comprehensive vehicle usage system in Iraq and has opened its first showroom, attracting over 2,000 visitors on the first day.

CnEVPost

BYD COMPANY

BYD Company

BYD Company Limited

BYD announces official entry into Iraq with Shark 6 pickup launch

HSBA

00005

HSBC

HSBC GF ICAV Global Sukuk UCITS ETF announced its net asset value as of December 17, 2025. The fund's NAV per share is $11.4205, with a total of 372,722,623 shares issued. The information is provided by RNS, a news service of the London Stock Exchange.

- The HSBC GF ICAV Global Sukuk UCITS ETF reported a net asset value (NAV) of $  11.42 per share as of December 17, 2025.  
- There are 372,722,623 shares in issue, with 31,093,709.40 shares redeemed since the previous valuation.  
- This information is provided by RNS, which serves as a Primary Information Provider in the UK.

London Stock Exchange

HSBC Holdings Plc

HSBC HOLDINGS

REG - HSBC GF ICAV Sukuk $ - Net Asset Value(s)

HSBC GF ICAV Global Gov Bond ETF announced its net asset value (NAV) as of 17 December 2025. The NAV is $1,806,983.15 with a NAV per share of $10.8988. The fund has 165,796 shares in issue and no shares were redeemed since the previous valuation. The information is provided by RNS, approved by the Financial Conduct Authority.

- HSBC GF ICAV Global Gov Bond ETF reported a net asset value of $ 1,806,983.15 with a NAV per share of $ 10.8988 as of December 17, 2025.  
- The fund has 165,796.00 shares in issue, and no shares were redeemed since the previous valuation.  
- This information is provided by RNS, a news service of the London Stock Exchange, and is subject to terms and conditions regarding its use and distribution.

REG - HSBC GF ICAV GblGov$ - Net Asset Value(s)

HSBC GF ICAV GL ESG Gov Bond ETF reported a net asset value of $509,540.89 with a NAV per share of $10.9219 as of December 17, 2025. The fund has 46,653 shares in issue and no shares were redeemed since the previous valuation. The information is provided by RNS, a news service of the London Stock Exchange.

- The HSBC GL FD ICAV GLB ESG GOV BD UCITS ETF had a valuation date of December 17, 2025, with a net asset value of $509,540.89 and NAV per share of $10.9219.  
- There are currently 46,653 shares in issue, with no shares redeemed since the previous valuation.  
- This information is provided by RNS, approved by the Financial Conduct Authority as a Primary Information Provider in the U.K.

REG - HSBC GF ICAV GL Sus$ - Net Asset Value(s)

HSBC ASIA PAC EX JPN SCRND EQ UCITS ETF reported a net asset value of $83,856,569.38 with a NAV per share of $20.6613 as of December 17, 2025. The fund has 4,058,626 shares in issue. This information is provided by RNS, the news service of the London Stock Exchange.

- The HSBC Asia Pac Ex Japan SCRND Equity UCITS ETF reported a net asset value (NAV) of $83,856,569.38, with 4,058,626 shares issued as of 17 December 2025.  
- The NAV per share is valued at $20.66, and no shares have been redeemed since the previous valuation.  
- This information is disseminated by RNS, the London Stock Exchange's news service, which is recognized by the Financial Conduct Authority.

REG - HSBC ETFs APEXJP D$ - Net Asset Value(s)

HSBC ETFs Plus World Equity Quant Active UCITS ETF announced its net asset value (NAV) as of December 17, 2025. The NAV per share is $11.4039, with a total NAV of $712,860,779.90 and 62,510,000 shares in issue. This information is provided by RNS, the news service of the London Stock Exchange.

- The HSBC PLUS WORLD EQUITY QUANT ACTIVE UCITS ETF reported a valuation date of December 17, 2025, with 262,510,000 shares in issue.  
- The net asset value (NAV) per share is $ 11.4039, totaling a net asset value of $ 712,860,779.90.  
- This information was disseminated by RNS, which acts as a Primary Information Provider in the UK, adhering to specific terms and conditions for use and distribution.

REG - HSBC ETFs Plu WO EQ$ - Net Asset Value(s)

HSBC Global Funds ICAV has released the net asset values for several of its funds as of December 17, 2025. The funds include Global ESG Government Bond, China Government Bond, Global Government Bond, Global Sukuk, Global Corporate Bond, Sustainable Development Bank Bond, Global Aggregate Bond, Euro Government Bond, Japan Government Bond, US Treasury Bond, and US Corporate Bond UCITS ETFs. The information is provided by RNS, a news service of the London Stock Exchange, and is approved by the Financial Conduct Authority.

- HSBC Global Funds ICAV released updates on several ETFs as of December 17, 2025, detailing share issues and net asset values.  
- The ETFs mentioned include Global ESG Government Bond, China Government Bond, Global Corporate Bond, and others, with various currencies and values reported.  
- This information aids investors in assessing fund performance and market conditions while complying with regulatory frameworks.

REG - HSBC Global Funds - Net Asset Value(s)

09988

09888

Today, Hong Kong stocks closed with mixed performance across the three major indices. The Hang Seng Index remained above 25,000 points for the third consecutive day, closing up 0.12%. The Technology and State-Owned Enterprises indices saw slight pullbacks, indicating an increase in market wait-and-see sentiment. The retail and hardware sectors overall declined, with leading stocks like Alibaba and Xiaomi leading the drop, as risk appetite among investors contracted. Trading activity was relatively high, with notable movements in individual stocks such as GaoKeQiao, highlighting significant short-term speculative trading. Signals of improvement in domestic demand emerged, with retail sales data providing support for bulls, but there was a clear structural divergence within the industry, prompting investors to continue monitoring macro expectations and sector rotation

- The Hong Kong stock market displayed mixed results, with the Hang Seng Index closing at 25,498.13, up 0.12%, while the Hang Seng Tech Index fell 0.73%.  
- Retail stocks faced pressure, as key players like Alibaba and JD.com experienced declines, reflecting cautious market sentiment amidst fluctuating consumption demand.  
- Notable gainers included Gao Ke Qiao and Zhi Hua Group, which climbed 44.44% and 33.33%, respectively, indicating heightened speculative activity in the market.

Market Heartbeat

BABA-W

JD-SW

MNSO

KUAISHOU-W

BIDU-SW

LENOVO GROUP

GROWN UP GROUP

BONJOUR HOLD

CCIAM FUTURE EN

CLOUDBREAK-B

TENCENT

YOFC

CHINA MOBILE

TRANSTECH

Hong Kong stock market closing | The Hang Seng Index ultimately rose by 0.12%, with the declines of the Hang Seng Tech Index and the China Enterprises Index narrowing, while the retail and technology sectors were generally under pressure