MSHZROB@EC2609A

HARBOUR DIGITAL

51WORLD

HUILI RES

GF HEALTHCARE

160 HEALTH

CONGYU INTE AGR

KWONG MAN KEE

DOUMOB

PETRO-KING

METASURFACE

00425

516380

600660

515030

562260

159306

09660

159323

Morgan Stanley released a research report updating the investment ratings and target prices for Chinese automotive and related equipment. BYD Company is rated as "Overweight" with a target price of HKD 126; Geely Auto is rated "Overweight" with a target price of HKD 25; GAC Group is rated "Overweight" with a target price of HKD 3.9; Dongfeng Group is rated "Overweight" with a target price of HKD 11.2; BAIC Motor is in line with the market with a target price of HKD 2.2; Brilliance China is in line with the market with a target price of HKD 3.4; Great Wall Motor is in line with the market with a target price of HKD 15; Horizon Robot-W is rated "Overweight" with a target price of HKD 11.5; MINTH GROUP is rated "Overweight" with a target price of HKD 50; FUYAO GLASS is in line with the market with a target price of HKD 59; Nexperia is in line with the market with a target price of HKD 6.3

AASTOCKS

MINTH GROUP

Hwabao WP CSI Intelligent Electric Vehicle ETF

FYG;FUYAO GLASS

Hua Xia CSI New Energy Vehicles ETF

HFT CSI Auto Components Thematic ETF

GAC GROUP

Ping An CSI Auto Components Thematic ETF

Guotai CSI Hong Kong Connect Automobile Industry Thematic ETF

HORIZONROBOT-W

GAC Group

FUYAO GLASS

Ping An CSI New Energy Vehicles Industry ETF

GWMOTOR

BAIC MOTOR

ChinaAMC CSI Auto Components Thematic ETF

ChinaAMC CSI Hong Kong Connect Automobile Industry Thematic ETF

GEELY AUTO

Great Wall Motor

Guotai CSI 800 Automobile and Parts ETF

E Fund CSI Auto Components Thematic ETF

DONGFENG GROUP

BYD COMPANY

Morgan Stanley's investment ratings and target prices for Chinese automotive stocks (Table)

06869

00700

09988

02600

02015

02382

03993

On March 11th, during the Hong Kong stock market session, major indices showed a high-level consolidation trend, with the Hang Seng Index slightly down by 0.02% while the State-owned Enterprises Index rose slightly. Overall market sentiment leaned towards caution, with funds showing a clear wait-and-see attitude at the current high levels. In terms of sectors, the internet content, telecommunications, and retail sectors experienced significant volatility. Among individual stocks, Geely Auto and CATL stood out with strong performances, while stocks like Changfei Fiber saw notable declines, with Tencent Holdings leading in trading volume

- As of March 11, Hong Kong's main indices are consolidating at high levels with mixed performance; the Hang Seng Index is at 25,953.48, down 0.02%.  
- Market sentiment is currently neutral and cautious, with investors observing for potential breakthroughs above recent highs, while individual sectors, like internet content and retail, are experiencing volatility.  
- Key economic indicators, including Hong Kong's forex reserves and retail data, are essential for guiding investor sentiment amidst increasing market uncertainty.

Market Heartbeat

YOFC

TENCENT

BABA-W

CHALCO

LI AUTO-W

SUNNY OPTICAL

CMOC

CATL

Geely Auto

GEELY AUTOMOBILE HOLDINGS LIMITED SPON ADS EACH REP 20 ORD

Hong Kong stock market intraday | Hang Seng Index consolidates narrowly, Geely rises 8%, CATL rises 7%

09888

09903

02685

01530

00632

00467

As of noon, the three major indices of the Hong Kong stock market rebounded collectively, with the Hang Seng Index rising 1.56% to 25,804.66 points. The internet content and retail sectors performed strongly, with Tencent Holdings leading the blue chips with a 5.72% increase, and Alibaba rising 3.03%. Although market bullish sentiment has rebounded, the index has not yet confirmed an upward breakout. In the afternoon, attention will be on whether funds can continue to increase and challenge previous highs

- As of midday, Hong Kong's three major indices continued their rebound, with the Hang Seng Index at 25,804.66 points, up 1.56%.  
- The internet content and information sector led gains, driven by positive earnings expectations from major companies like Tencent and Baidu, while the oil and gas exploration sector faced declines amid weakening oil prices.  
- Overall, investor sentiment is influenced by macroeconomic indicators, with a focus on liquidity conditions and the ongoing economic recovery amidst external market uncertainties.

BIDU-SW

ILUVATAR COREX

QUANTGROUP

3SBIO

CHK OIL

UNITEDENERGY GP

Hang Seng Composite Index

Tencent

Tencent Holdings Limited

Hwabao CSI HK Equities Internet ETF

E Fund CSI HK Connect Internet ETF

Alibaba

Hang Seng Index

Hong Kong Stock Midday Review | Hang Seng Index rises 1.56%, led by the internet sector, Tencent rises 5.72%

09618

00883

02865

06160

On March 10, 2026, Hong Kong stocks collectively rose during the trading session, with the Hang Seng Index up 1.19% at 25,709.86 points, and the Hang Seng Tech Index approaching the 5,000-point mark. The internet content and retail sectors led the gains, with major stocks like Tencent Holdings, Alibaba, and JD.com significantly rising, boosting market risk appetite. Meanwhile, the oil and gas sector was pressured by weakening oil prices, with China National Offshore Oil Corporation falling over 2%. On the macro front, employment and foreign exchange remained stable, with funds focusing on the pace of domestic demand recovery

- As of March 10, 2026, Hong Kong stocks rose collectively, with the Hang Seng Index gaining 1.19% to 25,709.86 points amidst improved risk appetite, yet falling short of breaking through previous highs.  
- Key sectors included internet content, where Tencent increased by 3.10%, and retail, reflected by gains from Alibaba and JD.com, while oil and gas stocks fell sharply due to declining international prices.  
- Macroeconomic indicators showed stability in forex reserves and unemployment, prompting investor focus on retail sales and manufacturing for potential growth opportunities.

JD-SW

CNOOC

DRINDA

BEONE MEDICINES

BABA 2x Long Daily ETF - GraniteShares

KraneShares 2x Long BABA Daily ETF

Hong Kong Stock Market Update | Hang Seng Index rises 1.19%, Tencent and Alibaba lead the market

07588

HSCEI

02828

Horizon Robotics Added to Hang Seng China Enterprises Index.

marketscreener

FI2 CSOP HSCEI

Hang Seng China Enterprises Index

HSCEI ETF

Horizon Robotics(SEHK:9660) added to Hang Seng China Enterprises Index

00100

02513

09868

01171

01787

03986

02338

02888

MINIMAX-WP(00100) rose 23.77%, with a trading turnover 3.3 Billion HKD, and a year-to-date rose 504.2%. KNOWLEDGE ATLAS(02513) rose 8.08%, with a trading turnover 2.3 Billion HKD, and a year-to-date rose 394.8%. GIGADEVICE(03986) fell 6.59%, with a trading turnover 502.3 Million HKD, and a year-to-date rose 125.8%. WEICHAI POWER(02338) fell 5.54%, with a trading turnover 758.8 Million HKD, and a year-to-date rose 59.2%.

- The Hang Seng Index fell by 1.35%, with a year-to-date decline of 0.9%, while the Hang Seng Tech Index decreased by 0.12%, down 10.4% year-to-date.  
- MINIMAX-WP (00100) surged by 23.77% with a trading volume of 3.32 billion HKD, marking a year-to-date increase of 504.2%.  
- Meanwhile, Zhi Pu (02513) rose by 8.08%, while Zhao Yi Innovation (03986) and Weichai Power (02338) declined by 6.59% and 5.54% respectively, with significant year-to-date gains for each.

Top Gainers & Losers

MINIMAX-WP

KNOWLEDGE ATLAS

XPENG-W

YANKUANG ENERGY

SD GOLD

GIGADEVICE

WEICHAI POWER

STANCHART

Top 5 HK Stock Gainers/Losers (>100B) (3.9)

00HSI

688347

09866

DRIV

513180

513130

NIO rose over 5%, while Hua Hong Semiconductor, JD HEALTH, and others rose over 3%. Risk warning and disclaimer: The market has risks, and investment should be cautious. This article does not constitute personal investment advice and does not take into account the specific investment goals, financial situation, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article are suitable for their specific circumstances. Investment based on this is at one's own risk

Wallstreetcn

Hua Hong

NIO-SW

JD HEALTH

HUA HONG SEMI

NIO Inc. USD OV

Hang Seng TECH Index

Global X Autonomous & Electric V

ISHARESHSTECH

CSOP HSI ETF

HSTECH ETF

Dacheng Hang Seng Technology ETF(QDII)

Tianhong Hang Seng TECH ETF(QDII)

ChinaAMC Hang Seng Technology ETF(QDII)

GX HS TECH

CAM HS TECH

CSOP HS TECH

Hang Seng TECH ETF I

CMS HS TECH

Huatai-PB CSOP Hang Seng Technology ETF(QDII)

NIO Inc

The Hang Seng Index opened up 1.3%, and the Hang Seng TECH Index rose 1.6%

09880

002050

02050

02252

Hong Kong's robotics sector experienced a downturn as several key stocks saw declines. According to Jin10, UBTECH Roboticsfell by over 4%, while Sanhua Intelligent Controlsdropped more than 2%. Other companies such as Horizon Roboticsand MicroPort Roboticsalso followed the downward trend. The market volatility reflects broader concerns impacting the robotics industry in the region.

CoinLive

UBTECH ROBOTICS

Sanhua

SANHUA

MircroPort Medbot-B

Hong Kong Robotics Stocks Decline Amid Market Volatility

02423

00914

00005

01208

06809

BEKE-W(02423) rose 5.63%, with a trading turnover 826.8 Million HKD, and a year-to-date rose 12%. CONCH CEMENT(00914) rose 5.53%, with a trading turnover 764.8 Million HKD, and a year-to-date rose 20.9%. MINIMAX-WP(00100) fell 14.38%, with a trading turnover 2.3 Billion HKD, and a year-to-date rose 356.7%. KNOWLEDGE ATLAS(02513) fell 10.75%, with a trading turnover 1.7 Billion HKD, and a year-to-date rose 382.4%.

- The Hang Seng Index rose by 0.66%, with a year-to-date increase of 4.4%, while the Hang Seng Tech Index fell by 0.19%, down 4.6% year-to-date.  
- Beike-W (02423) gained 5.63% with a trading volume of HKD 830 million, marking a 12% rise for the year, whereas Conch Cement (00914) increased by 5.53% with a trading volume of HKD 760 million, showing a 20.9% year-to-date gain.  
- MINIMAX-WP (00100) dropped 14.38% on a trading volume of HKD 2.27 billion, yet has surged 356.7% this year, while Zhiyuan (02513) fell 10.75% with a trading volume of HKD 1.68 billion, maintaining a year-to-date increase of 382.4%.

BEKE-W

CONCH CEMENT

HSBC HOLDINGS

MONTAGE TECH

Top 5 HK Stock Gainers/Losers (>100B) (2.25)

XPEV

MOTO

CARZ

HSBC Global Research released a report indicating that China's legal framework for autonomous driving is gradually improving. The recently released draft standards will enhance the safety and testing processes for L3 and L4 level autonomous vehicles. It is expected that L3 level technology will be widely deployed between 2026 and 2027, while L4 level applications will expand rapidly. The bank is optimistic about XPeng and Horizon Robotics, giving them buy ratings with target prices of HKD 108 and HKD 11, respectively

XPeng

SmartETFs Smart Transportation & Tech ETF

First Trust S-Network Future Vehicles & Tech ETF

"Big Banks" HSBC Research: China Improves Autonomous Driving Legal Framework, Optimistic About XPeng and Horizon

588780

512480

159995

159325

512760

588170

Horizon announced that its HoloBrain-0 base model and framework are fully open-sourced. This open-source initiative includes not only the core algorithms of HoloBrain-0 but also the complete infrastructure RoboOrchard. The open-sourcing of HoloBrain-0 will help accelerate the transformation of embodied intelligence technology from laboratory prototypes to large-scale industrial applications, contributing to technological innovation and ecological co-construction in the entire field of embodied intelligence

MSHZROB@EC2609A(26956.HK)

Morgan Stanley's investment ratings and target prices for Chinese automotive stocks (Table)

Hong Kong stock market intraday | Hang Seng Index consolidates narrowly, Geely rises 8%, CATL rises 7%

Hong Kong Stock Midday Review | Hang Seng Index rises 1.56%, led by the internet sector, Tencent rises 5.72%

Hong Kong Stock Market Update | Hang Seng Index rises 1.19%, Tencent and Alibaba lead the market

Horizon Robotics(SEHK:9660) added to Hang Seng China Enterprises Index