SG-YOFC@EC2609B

NTES-S

KWAN YONG

PEIJIA-B

REMEGEN

RADIANCE HLDGS

POP MART

BAOZUN-W

ARCHOSAUR GAMES

XIAOCAIYUAN

HEPALINK

06869

UBS analyst has reiterated a Buy rating on Yangtze Optical Fibre and Cable Joint Stock Co (YZOFF) with a price target of HK$290.00. Additionally, TipRanks also issued a Buy recommendation for the company. However, DBS maintained a Hold rating on the same day.

Tip Ranks

YOFC

C FIBER OPTIC-D

Yangtze Optical Fibre and Cable Joint Stock Co (YZOFF): New Buy Recommendation for This Technology Giant

03088

03033

513180

02513

00700

09988

00883

09992

On April 1st, Hong Kong stocks rose across the board, with the Hang Seng Index closing up 2.04% at 25,294.03 points, and the Tech Index rising 2.29%. The internet and retail sectors led the gains, with Tencent and Alibaba making significant contributions, while popular stock KNOWLEDGE ATLAS surged over 31%. The market was buoyed by positive macro data and AI innovation, with active trading, but high-level pressure still needs attention

- On April 1, Hong Kong's three major stock indices rose as risk appetite improved, with the Hang Seng Index closing at 25,294.03, up 2.04%.  
- The technology and internet sectors performed well, benefiting from AI advancements, while the oil and gas sector faced losses due to falling international oil prices.  
- Market focus remains on economic data and potential policy shifts, influencing stock performance and investor sentiment.

Market Heartbeat

CAM HS TECH

CSOP HS TECH

ChinaAMC Hang Seng Technology ETF(QDII)

GX HS TECH

Hang Seng TECH Index

BABA 2x Long Daily ETF - GraniteShares

KNOWLEDGE ATLAS

ISHARESHSTECH

HSTECH ETF

Tianhong Hang Seng TECH ETF(QDII)

Hang Seng TECH ETF I

TENCENT

BABA-W

CNOOC

ZIJIN MINING

XIAOMI-W

MEITUAN

BYD COMPANY

Hang Seng Index

China Southern Hang Seng ETF

Tencent Holdings Limited

ISHARESHSI

Tencent

Alibaba

Huatai-PB CSOP Hang Seng Technology ETF(QDII)

Hong Kong stocks close | Hang Seng Index rises 2.04%, KNOWLEDGE ATLAS surges 31.94% to lead

513130

01070

EBIZ

03692

On April 1, the Hong Kong stock market saw a collective rise in major indices during intraday trading, with the Hang Seng Index up 2.39% and the Hang Seng Tech Index up 2.64%. The internet content and retail sectors performed strongly, with leading stocks such as Tencent Holdings and Alibaba-W significantly boosting market sentiment. The oil and gas sector, influenced by international oil prices, saw a contrarian pullback. Individual stocks like TCL ELECTRONICS and HANSOH PHARMA were active with robust trading volumes, while the market is closely watching macroeconomic data and changes in consumer confidence

- At midday on April 1, Hong Kong stocks rose, with the Hang Seng Index up 2.39% to 25,379.55 points, though it remains below recent highs.  
- The market observed significant movements in innovative sectors, with notable gains from companies such as Zhiyuan and TCL Electronics, while the energy sector faced pressure, highlighted by a drop in CNOOC shares.  
- Investor focus is shifting towards macroeconomic indicators like manufacturing PMI and unemployment rates amidst ongoing fluctuations in exports and trade.

TCL ELECTRONICS

Global X E-commerce ETF

VanEck Retail ETF

KraneShares 2x Long BABA Daily ETF

CI-LEAP@EC2612A

LEAPMOTOR

WUXI APPTEC

SUN HUNG KAI CO

HANSOH PHARMA

E Fund CSI HK Connect Internet ETF

SPDR S&P Retail ETF

Hong Kong Stocks Intraday | Hang Seng Index Rises 2.39%, Internet Retail Strong

00300

01209

06936

02388

03986

00100

00501

06809

HANSOH PHARMA(03692) rose 7.26%, with a trading turnover 668.0 Million HKD, and a year-to-date fell 1.7%. MIDEA GROUP(00300) rose 6.82%, with a trading turnover 966.5 Million HKD, and a year-to-date fell 1.4%. GIGADEVICE(03986) fell 8.34%, with a trading turnover 357.4 Million HKD, and a year-to-date rose 111.7%. MINIMAX-W(00100) fell 8.33%, with a trading turnover 1.2 Billion HKD, and a year-to-date rose 463.3%.

Top Gainers & Losers

MIDEA GROUP

CHINA RES MIXC

SF HOLDING

BOC HONG KONG

GIGADEVICE

MINIMAX-W

OMNIVISION

MONTAGE TECH

Top 5 HK Stock Gainers/Losers (>100B) (3.31)

00020

01024

89888

00467

On March 31, the three major Hong Kong stock indices collectively closed lower. Market sentiment was significantly pressured by macroeconomic data fluctuations and external environmental factors, with the Hang Seng Tech Index plunging to a near two-week low. The market displayed a clear characteristic of "heavyweight retreat, thematic activity": influenced by oil price volatility and performance expectations, the oil and gas sector and leaders such as YOFC were among the top decliners, while heavyweight tech stocks like Tencent, BABA-W, and Xiaomi also generally weakened. Overall, the market lacks upward momentum in the short term, and investors are focusing on sector rotation and structural opportunities guided by macroeconomic indicators

- On March 31, Hong Kong's three major indices fell collectively, with the Hang Seng Index closing at 24,788.14, showing a slight increase of 0.15%.  
- The Hang Seng Tech Index plummeted 0.86% to 4,649.82, reaching a near two-week low due to negative sentiment in the tech sector, while the China Enterprises Index dropped 0.30%.  
- Key stocks like Tencent and Baidu showed minor gains, but major declines were observed in stocks such as Xiaomi and Alibaba, confirming market pressures amidst external economic fluctuations.

LB Select

SENSETIME-W

KUAISHOU-W

BIDU-SWR

UNITEDENERGY GP

SYNAGISTICS

SEYOND

PATEO

CMON

C TRANSMISSION

RONGZUN INT’L H

SMIC

Hong Kong Stock Market Closing | Three Major Indices Underperform, Tech and Oil/Gas Sectors Slump, Small-Cap Thematic Stocks Explode Against the Trend

515880

601869

159583

YOFC announced its full-year results for the year ending December 2025, with revenue of RMB 14.252 billion, a year-on-year increase of approximately 16.8%; net profit of RMB 813 million, a year-on-year increase of approximately 20.4%. The gross profit margin rose to 30.7%, with overseas market revenue increasing by approximately 47.8%. The board of directors proposed a final dividend of RMB 0.295 per share

Tasty Money

Guotai CSI All Share Communications Equipment ETF

Fullgoal CSI Communication Equipment Thematic ETF

YOFC (6869) earned 20% more last year

As of noon, the three major Hong Kong stock market indices collectively declined significantly, with the Hang Seng Tech Index leading the drop by nearly 1%, reflecting cautious market sentiment and low risk appetite. On the sector front, heavyweight stocks suffered heavy losses, with internet services and fiber optic cable sectors performing poorly. Tencent Holdings experienced volatility, dropping over 0.08%, influenced by reduced buyback activity and substantial short selling. Industry leaders such as Alibaba, YOFC, and BYD Electronic also saw significant pullbacks. Amid pressure on mainstream sectors, market funds exhibited distinct structural arbitrage, shifting towards small-cap themes and emerging economy stocks, with CMON, CH RENEW EN INV, and J&T EXPRESS-W rising sharply against the trend. At the macroeconomic level, investors are closely watching the long-term impact of trade data on industry differentiation. Overall, the current Hong Kong stock market is characterized by intense competition within existing capital pools, displaying a clear pattern of "pressure on leaders, activity in themes."

- As of midday, Hong Kong's three major indices saw significant declines, indicating pressured market sentiment.  
- The Hang Seng Index closed at 24,624.55, down 0.51%, while the Hang Seng Tech Index and the State-owned Enterprises Index fell 0.94% and 0.84% respectively, reflecting overall weaknesses in the market.  
- Investor attention is heavily focused on macro data affecting trade and capital movement, leading to a generally cautious outlook amidst noticeable sector rotation.

BYD ELECTRONIC

CH RENEW EN INV

J&T EXPRESS-W

ZIJIN GOLD INTL

Hong Kong Stocks Midday Review | Hang Seng Index Drops 0.51% Below 25,000 Points, Tech and Fiber Optic Cable Sectors Plunge, CMON Surges Intraday

Today, Hong Kong's three major indices collectively trended lower, with market sentiment significantly pressured by the external environment and policy changes; the Hang Seng TECH Index retreated by nearly 0.5%. On the market front, the oil and gas sector fell across the board due to international oil price fluctuations, with CNOOC and UNITEDENERGY GP leading the declines. Internet giants diverged; while TENCENT rose slightly, its intraday short-selling turnover exceeded HK$3 billion, indicating intense long-short contention. Meanwhile, the market showed clear structural opportunities, with retailers and the AI sector performing actively. JST GROUP, COWELL, and other stocks surged significantly, while Asymchem jumped 12% against the trend, bolstered by strong earnings and dividend plans. Overall, competition among existing funds within the market intensified, and investor caution remained high, with capital flows tilting toward high-performance stocks and those supported by buybacks

- Hong Kong's major indices experienced significant adjustments, with the Hang Seng Index at 24,719.62, down 0.13%.  
- The oil and gas sector faced notable declines, influenced by international oil price fluctuations, while retail stocks showed volatility with significant gains for some companies.  
- Market sentiment remains cautious amid concerns over liquidity and external economic conditions, suggesting differentiated risk preferences and structural opportunities.

PHANCY

HORIZONROBOT-W

JST GROUP

COWELL

Asymchem

Hong Kong Stocks Intraday | Hong Kong's Three Major Indices Fall Across the Board: TENCENT Edges Up Against the Trend Amid Divergence, Oil and Gas Sector Plunges to Lead the Decline

02600

02338

09926

02714

06690

02333

01171

YOFC(06869) rose 14.34%, with a trading turnover 6.7 Billion HKD, and a year-to-date rose 281%. KNOWLEDGE ATLAS(02513) rose 9.81%, with a trading turnover 1.3 Billion HKD, and a year-to-date rose 531.2%. MONTAGE TECH(06809) fell 6.88%, with a trading turnover 230.6 Million HKD, and a year-to-date rose 54.5%. MUYUAN(02714) fell 6.04%, with a trading turnover 289.6 Million HKD, and a year-to-date fell 0.3%.

CHALCO

WEICHAI POWER

AKESO

MUYUAN

HAIER SMARTHOME

GWMOTOR

YANKUANG ENERGY

Top 5 HK Stock Gainers/Losers (>100B) (3.30)

02139

02629

02068

06693

03939

01866

06699

BANK OF GANSU(02139) rose 27.45%, with a trading turnover 16.7 Million HKD, and a year-to-date rose 33.2%. MIRXES-B(02629) rose 23.69%, with a trading turnover 992.2 Million HKD, and a year-to-date fell 64.7%. CHALIECO(02068) rose 22.54%, with a trading turnover 435.1 Million HKD, and a year-to-date rose 18.2%.

BANK OF GANSU

MIRXES-B

CHALIECO

CHIFENG GOLD

WANGUO GOLD GP

CHINA XLX FERT

ANGELALIGN

Top 10 HK Stock Gainers (3.30)

600988

600547

300900

518850

36Kr learned that the three major A-share indices closed mixed, with the Shanghai Composite Index rising by 0.24%, the Shenzhen Component Index falling by 0.25%, and the ChiNext Index dropping by 0.68%; the communication equipment, aerospace and military, and precious metals sectors led the gains, with YOFC and GLAVI hitting the daily limit, and CHIFENG GOLD rising over 7%; the power, engineering machinery, and insurance sectors saw the largest declines, with South Network Energy falling over 6%, and SANY Heavy Industry and China Life Insurance dropping over 1%

36Kr

SD-GOLD

GLAVI

ChinaAMC Gold ETF

The three major A-share indices closed mixed, with the communication equipment sector leading the gains

YOFC rose 15.21%; BYD Electronics fell 1.57%, with a transaction amount of HKD 522 million; ZTE Corporation fell 1.25%, with a transaction amount of HKD 133 million; Cambridge Technology rose 2.03%, with a transaction amount of HKD 86.37 million; Feisuke Innovation fell 3.87%, with a market value of 17,688,000,000

HK Stock Movers Tracker

Hong Kong Stock Movement: YOFC's Performance Increased by 15.21%! Strong Demand for Optical Fibers Boosts Stock Price

03858

03696

As of midday March 30, 2026, the three major Hong Kong stock market indices were collectively under pressure, with the Hang Seng Index falling 0.93% and the Hang Seng Tech Index down 1.70%. The Internet Content and Information sector and the Retailers sector generally weakened, led by blue-chip stocks such as Tencent Holdings and Alibaba. Despite rising market caution, POP MART rose against the trend by 2.01%, and resource-related stocks like C&C International Resources and Chalco Shandong performed strongly. Overall trading volume was concentrated in blue-chip stocks, and further attention needs to be paid to whether the trading volume can support a test of previous highs

- As of March 30, 2026, Hong Kong's three major stock indices are facing pressure, with the Hang Seng Index down 0.93% to 24,719.2 points.  
- Market sentiment is cautious, particularly in the internet content and retail sectors, with significant declines for major companies like Tencent and Alibaba.  
- Resource stocks have attracted investor interest, showing resilience amidst a broader market downturn, as seen in the performance of stocks like Jiexin International Resources and Pop Mart.

JIAXIN INTL RES

INSILICO

SINOPEC CORP

Hong Kong Stocks Midday Review: Hang Seng Index Down 0.93%, Tech Stocks Weak; POP MART Rises Against Trend by 2.01%

YOFC rose 10.68%; BYD Electronics fell 1.96%, with a transaction amount of HKD 484 million; ZTE Corporation fell 1.25%, with a transaction amount of HKD 124 million; Cambridge Technology rose 2.17%, with a transaction amount of HKD 74.8 million; Feisuke Innovation fell 0.30%, with a market value of 18,376,000,000

Hong Kong Stock Movement: YOFC rises 10.68%, driven by dual benefits of performance growth and market demand boosting stock price surge

BABA

On March 30, intraday sentiment in the Hong Kong stock market was weak, with the three major indices collectively pulling back. The Hang Seng TECH Index fell by 2.90%. The internet, retail, and jewelry sectors led the market decline, with Tencent Holdings and Alibaba both dropping over 3%, and MEITU plunging over 8%. Despite the market pressure, CHALIECO rose nearly 20% against the trend. Market turnover was concentrated in technology heavyweight stocks, reflecting that funds remained active in trading amidst the adjustment

- As of March 30, Hong Kong stocks faced pressure, with major indices retreating amidst weak market sentiment.  
- The Hang Seng Index fell by 1.92% to 24,473.42, while the Hang Seng Tech Index dropped 2.90%, indicating a lack of upward momentum.  
- Investors are closely monitoring export and retail data, with macroeconomic pressures impacting market revaluation based on economic recovery pace and policy signals.

MNSO

CTG DUTY-FREE

CHOW TAI FOOK

CALB

JD-SW

MEITU

Hong Kong Stocks Intraday | Hong Kong Stocks Slide Intraday; Tech Index Drops 2.90%, CHALIECO Rises Against the Trend

The boat for long term investing of S-REITs have came back to port again. Buying at this level has little downside and would offer a larger margin of safety when mean reversion occurs.

LazyCat

Dividend Collector

🇺🇸🇭🇰🇸🇬 Big moves across US, HK, SG markets. Join the chat &amp; earn Task Coins!

☕️ Daily Market Talk | Mar 27, 2026

SG-YOFC@EC2609B(27293.HK)

SG-YOFC@EC2609B Stock Performance Chart

Yangtze Optical Fibre and Cable Joint Stock Co (YZOFF): New Buy Recommendation for This Technology Giant

Hong Kong stocks close | Hang Seng Index rises 2.04%, KNOWLEDGE ATLAS surges 31.94% to lead

Hong Kong Stocks Intraday | Hang Seng Index Rises 2.39%, Internet Retail Strong

Top 5 HK Stock Gainers/Losers (>100B) (3.31)

Hong Kong Stock Market Closing | Three Major Indices Underperform, Tech and Oil/Gas Sectors Slump, Small-Cap Thematic Stocks Explode Against the Trend