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HSI Futures Midday Decline Expands to 1%

Hong Kong Futures Open Up 0.05% at 26820 Points

HSI Ends Two-Day Losing Streak, Rises by Nearly 140 Points

HSI Futures Night Session Closed Up 1.04% at 26,778.91

HKMA Injects HKD 4.73 Billion in Liquidity

Hang Seng Index Futures Feb and Mar Contracts Ended Higher

HSI Futures Open Down 0.45% at 26,383.50 Points

Hang Seng Index Futures Open 1.24% Lower in Day Session

Update on HSCEI Bull and Bear Street Position Distribution

HSI Futures Evening Session Closes Down 1.05% at 26703

14 Provinces Implement Electronicized Notarized Documents for Hong Kong Investors

Central Bank of UAE and HKMA Hold Financial Services Cooperation Meeting

HSI Night Index Rises by 168 Points

Update on Bull and Bear Warrant Street Positions of Hang Seng Index

Hong Kong Dollar Hibor 普遍下跌创近期新低

HSI Futures Day Session Opens Up 1.98% at 27,069.32

Hong Kong Futures Night Session Rises by 1.85%

Hang Seng Index Futures Night Session Rises 1.8%, Closes at 27053 Points

Hang Seng Index Futures Down 1.72% at Open to 26,418

HANG SENG NIGHT FUTURES CLOSE AT 26534 POINTS DOWN BY 1.173% ON FEB 5

STARCOIN GROUP

IDT INT'L

DAISHOMICROLINE

BOER POWER

GUANZE MEDICAL

KNOWLEDGE ATLAS

SUPER STRONG

GW TIANDI

WISDOMCOME GP

CHINA INFO TECH

00HSI

03115

07200

513600

03110

02800

159920

07500

Global markets faced pressure as Asian stocks fell, oil prices rose, and the dollar strengthened due to a US military build-up in the Middle East. Investors shifted to safer assets amid rising geopolitical risks, with Japan’s Nikkei down 1.1% and Hong Kong’s Hang Seng down 0.6%. However, South Korea's Kospi increased by 2.17% and India's Nifty 50 rose by 0.48%. Oil prices reached multi-month highs, with Brent crude surpassing $72 a barrel.

Invezz

Hang Seng Index

ISHARESHSI

FL2 CSOP HSI

China Southern Hang Seng ETF

GX HS HIGHDIV

TRACKER FUND

ChinaAMC Hang Seng ETF

HS HSI ETF-R-D

FI2 CSOP HSI

Morning Brief: Asia stocks fall, US-Iran tensions simmer

Hong Kong's upcoming budget for 2026-27 is under scrutiny as citizens like Simon Leung, affected by a 7% cut in NGO funding, hope for restored financial support. While economists predict a fiscal surplus due to a booming IPO sector and retail growth, concerns remain about long-term sustainability amid an ageing population and geopolitical challenges. The city's GDP is projected to grow by 3.5% in 2025, with a healthy debt level at 12% of GDP. However, rising expenditures in social welfare and health highlight the need for new financing strategies to secure Hong Kong's future as an international financial hub.

南华早报

What’s at stake for Hong Kong as reflected in budget 2026-27?

03037

07300

Hong Kong shares slip after Lunar New Year break

marketscreener

CSOP HSI ETF

FI CSOP HSI

Hong Kong shares slip after Lunar New Year break

09824

600547

The chairman of the Hong Kong Stock Analysts Association, Deng Shengxing, stated that Hong Kong stocks may be more volatile in the short term, but he remains optimistic about the market, expecting the Hang Seng Index to reach 31,000 to 32,000 points. Trading volume is crucial and needs to be maintained at the level of HKD 250 billion to 300 billion. Investors should be wary of valuation risks in the AI sector, while the resource sector, especially precious metals and non-ferrous metals, is expected to benefit from AI and data center construction

Stheadline

EFUND GOLD MI-U

SD-GOLD

ChinaAMC Gold ETF

ZHONGJIN GOLD

EFUND GOLD MI-R

EFUND GOLD MI ETF

Zijin Mining

The Stock Analysts Association expects Hong Kong stocks to be more volatile in the short term, with the Hang Seng Index likely to reach 32,000 points

03393

Wasion Holdings to Join Hang Seng Index

WASION HOLDINGS

Wasion Holdings to Join Hang Seng Index

Diary - Hong Kong corporate earnings week ahead

Diary - Hong Kong corporate earnings week ahead

The latest Hong Kong Interbank Offered Rate (HIBOR) data shows that the overnight rate is 2.57393%, a decrease of 32.607 basis points from the previous trading day; the one-week rate is 2.44238%, down 5.155 basis points; the one-month rate is 2.47673%, up 1.881 basis points; the three-month rate is 2.67512%, down 0.375 basis points; the six-month rate is 2.79202%, down 2.81 basis points; and the twelve-month rate is 2.89238%, down 1.256 basis points

AASTOCKS

Latest Hong Kong Interbank Offered Rate (HIBOR)

TCEHY

TCTZF

03033

Hong Kong stocks fell 233 points (0.9%) to 26,469 as trading resumed post-Lunar New Year. The decline was influenced by closed mainland exchanges and weakened global risk appetite due to U.S. military actions in the Middle East and a selloff in private equity stocks. Investors await January's jobless rate, while optimism about travel demand during the Spring Festival provided some support. Tech and consumer stocks led the declines, with major losses from Pop Mart Intl. (-3.3%), Xiaomi (-3.2%), Kuaishou Tech (-3.0%), and Tencent (-2.3%).

- Hong Kong stocks fell 233 points, or 0.9%, to 26,469 as markets reopened after the Lunar New Year break, reversing previous gains.  
- Sentiment was affected by closed mainland exchanges and weakened global risk appetite due to U.S. military actions and a selloff in private equity stocks.  
- Major tech and consumer stocks led the decline, while property and financial sectors showed some resilience, with weekly losses estimated at around 0.6%.

Trading Economics

Tencent

Tencent Holdings Limited

CSOP CSI300

XI2CSOPHSTECH

POP MART

FI2CAMNDQ100

CSOP HS TECH

Xiaomi Corporation

XIAOMI-W

Hong Kong Stocks Slide as Trading Resumes Post-Holiday

159740

00388

The Financial Secretary Paul Chan stated at the Hong Kong Stock Exchange's Lunar New Year opening ceremony that he is optimistic about the market in the Year of the Horse, despite the complex external environment. He pointed out that the Hang Seng Index performed excellently last year, and the government will continue to promote market reforms, attract technology companies to list, and collaborate with regulatory agencies to enhance market competitiveness. At the same time, Hong Kong will play the role of a super connector under the "one country, two systems" framework, and the connectivity mechanism will enhance market liquidity

Dacheng Hang Seng Technology ETF(QDII)

ChinaAMC Hang Seng Technology ETF(QDII)

China Southern Hang Seng ETF Feeder Fund-A

Huatai-PB CSOP Hang Seng Technology ETF(QDII)

HKEX

Tianhong Hang Seng TECH ETF(QDII)

HSTECH ETF

Hang Seng TECH ETF I

Chan Mo-po: Optimistic about the market situation in the Year of the Horse, will explore more new measures to enhance market competitiveness

03696

InSilico Medicine to Join Hang Seng Index

INSILICO

InSilico Medicine to Join Hang Seng Index

09988

02099

BABA

600026

09888

BABX

01138

BIDU

After the Spring Festival holiday, the Hong Kong stock market reopened, with the Hang Seng Index opening down 48 points at 26,657 points. Technology stocks Alibaba and Baidu both opened down 3%. COSCO SHIPPING Energy opened up 6.1%, and CNOOC opened up 2.2%. Other commodity stocks such as CHINAGOLDINTL and Minmetals Resources also saw increases. The market is focused on the U.S. military decisions regarding Iran and the Supreme Court's ruling on the tariff case. The Dow Jones Industrial Average fell 267 points, or 0.5%

BABA-W

CHINAGOLDINTL

Alibaba

COSCO SHIPPING Energy

BIDU-SW

BABA 2x Long Daily ETF - GraniteShares

COSCO SHIP ENGY

Baidu

"Hong Kong Stocks" The Hang Seng Index opened 48 points lower, Alibaba and Baidu declined, COSCO SHIPPING Energy surged over 6%

KBAB

518880

09626

06181

STECH

On the first trading day of the Year of the Horse for Hong Kong stocks, the Hang Seng Index opened down 0.18%, and the Hang Seng TECH Index opened nearly 0.7% lower. BILIBILI-W fell nearly 4%, while Alibaba and Baidu Group both dropped about 3%. LAOPU GOLD rose nearly 1%, and the company will adjust product prices on February 28. The market has risks, and investment should be cautious

Wallstreetcn

KraneShares 2x Long BABA Daily ETF

Huaan Yifu Gold ETF

BILIBILI-W

LAOPU GOLD

Hang Seng TECH Index

Hong Kong stock market's first trading day of the Year of the Horse: Hang Seng Index opened down 0.18%, Hang Seng TECH Index opened nearly 0.7% lower

513260

On the first trading day of the Year of the Horse for Hong Kong stocks: The Hang Seng Index opened down 0.18%, and the Hang Seng Tech Index opened lower by nearly 0.7%

China Universal Hang Seng Technology ETF(QDII)

China Universal Hang Seng SCHK China Technology ETF

CAM HS TECH

ISHARESHSTECH

XL2CSOPHSTECH

E Fund Hang Seng Technology ETF(QDII)

Huaan Hang Seng Technology ETF(QDII)

The Hong Kong Monetary Authority announced the results of the credit card loan survey for the fourth quarter of last year. The total credit card receivables increased by 8.7% to HKD 164.2 billion at the end of December last year, mainly driven by holiday spending and cardholders paying salary tax. The delinquency and rescheduled ratio was 0.4% at the end of December last year, compared to 0.45% at the end of the previous quarter. The quarterly write-off rate for credit cards was 0.62% in the fourth quarter of last year, compared to 0.64% in the previous quarter

The total credit card receivables in Hong Kong increased by 8.7% year-on-year in the fourth quarter of last year

$Hang Seng Index(00HSI.HK)has evolved into a hybrid market that reflects China’s economic cycle more than Hong Kong’s domestic fundamentals. Its performance is increasingly driven by mainland policy follow-through, earnings durability in platform and financial stocks, and cross-border capital flows via Stock Connect. Valuation alone is no longer a catalyst; sustained upside depends on whether policy support translates into real profit recovery and renewed confidence from long-term global investors.

$XTALPI(02228.HK) The first to rise in the Hong Kong stock watch list! Push it up!

XTALPI

LI AUTO-W

TENCENT

CSOP A50 ETF-R

CSOP A50 ETF

GEELY AUTO

Li Auto

TENCENT-R

Tencent HK SDR 10to1

GEELY AUTO-R

GEELY AUTOMOBILE HOLDINGS LIMITED SPON ADS EACH REP 20 ORD

POP MART HK SDR 20to1

BABA-WR

Alibaba HK SDR 5to1

The exchange rate of HKD against USD is rising rapidly. Will there still be big opportunities in Hong Kong stocks? $Hang Seng Index(00HSI.HK) $Hang Seng TECH Index(STECH.HK)

While the US stock market hovers under the shadow of tariffs, the Hong Kong stock market is experiencing a liquidity-driven structural frenzy. But is this 'Hong Kong stocks feast' the beginning of a trend revaluation, or a short-lived bubble induced by capital?From a macro perspective, the weak dollar cycle and the abundance of Hong Kong dollar liquidity are the core drivers of the Hong Kong stock market. In May, US tariff revenue surged to a peak of $22 billion, yet the CPI remained stable, coupled with the potential impact of immigration policies on the job market, the probability of a Fed rate cut in June-July is extremely low. The US stock market remains in a tug-of-war between 'chicken ribs market and downside risk.' In contrast, the Hong Kong dollar exchange rate has quickly slid from the strong-side guarantee to the weak-side edge, HIBOR rates are nearly zero, and the abundant liquidity is flooding into new consumption, innovative drugs, and A/H premium targets, driving both blue-chip dividend stocks and growth assets higher.However, the sustainability of the structural revaluation of Hong Kong stocks is highly dependent on the liquidity environment. The current extremely low level of HIBOR has deviated from the US benchmark interest rate. If the Fed's policy shifts or there are changes in the supply and demand of funds, a liquidity retreat could trigger a valuation correction. More critically, the structural premium of the same asset in Hong Kong stocks compared to A-shares lacks fundamental support. In a market dominated by southbound funds, caution is needed against the risk of valuation overshoot under 'capital frenzy.'In the short term, as long as the cost of borrowing in Hong Kong dollars remains low, there is still room for liquidity-driven revaluation to continue. However, in the long term, whether Hong Kong stocks can escape the 'capital market' dilemma depends on whether corporate earnings can take over liquidity as the anchor of valuation. Investors need to closely monitor changes in HIBOR rates and maintain sensitivity to risks amid the liquidity feast. $Hang Seng Index(00HSI.HK)

$Hang Seng Index(00HSI.HK)When the Hong Kong dollar triggers the strong-side convertibility undertaking, the Hong Kong government will be forced to issue Hong Kong dollars to buy US dollars (unless Hong Kong abandons the linked exchange rate system due to another crisis caused by excessive base money).Short-term may benefit the Hong Kong stock market.

On a weekly basis, the southbound capital flow in Hong Kong stocks was a net outflow in the past week. This is unusual, as it's the first time this has happened in at least over a year. $HSTECH ETF(03032.HK) $Hang Seng Index(00HSI.HK) $XIAOMI-W(01810.HK)

XIAOMI-WR

Xiaomi HK SDR 2to1

$XTALPI(02228.HK)$Hang Seng Index(00HSI.HK)This is a key macro indicator for Hong Kong stocks.

$Hang Seng Index(00HSI.HK) $XTALPI(02228.HK) Who should be blamed for these poor souls in Hong Kong stocks today? Sigh... damn it

During the 2018 trade war, Gao Shanwen gave a relatively well-known internal speech:Our generation has already made enough money, so young people should just wash up and go to sleep.As for the 2025 tariff war, what I want to say is: young people might not be able to sleep.$Hang Seng Index(00HSI.HK)$Hang Seng TECH Index(STECH.HK)$Invesco QQQ Trust(QQQ.US)$SPDR S&amp;P 500(SPY.US)

Invesco QQQ Trust

SPDR S&P 500

Another day protected by southbound capital! At 13:30 in the afternoon, the southbound capital suddenly surged, and the intraday chart skyrocketed after a 10-minute delay (did you day trade during these 10 minutes? 😂).Unlike yesterday, the southbound capital first rose and then fell in the morning, showing overall weakness. By 13:30, the net purchase was only 1.5 billion. After the surge, the cumulative net purchase for the day reached 5.15 billion. Compared with yesterday, I'm more convinced that there is a will behind the southbound capital.$Hang Seng Index(00HSI.HK) $BABA-W(09988.HK) $TENCENT(00700.HK)

CT-HSI @EP2603B(22278.HK)

Morning Brief: Asia stocks fall, US-Iran tensions simmer

What’s at stake for Hong Kong as reflected in budget 2026-27?

Hong Kong shares slip after Lunar New Year break

The Stock Analysts Association expects Hong Kong stocks to be more volatile in the short term, with the Hang Seng Index likely to reach 32,000 points

Wasion Holdings to Join Hang Seng Index