MS#HSI RP2812Y

Hang Seng Index Futures Open 1.11% Higher

Latest Bull and Bear Warrant Street Inventory Distribution of Hang Seng Index

Hang Seng Index Futures Evening Session Rises 1.10% to 26,304.53

HSI futures open up 0.38% at 25,797.21

Various Countries Release Significant Economic Data and Policy Meeting Records

Hang Seng Index Night Futures Fall

Hong Kong Q1 GDP Year Rate Initial Value Released

HANG SENG Index Futures Night Session Down 0.47%, Closes at 25885

Hong Kong's Taxation Surges 22%, Stamp Duty and Profits Tax Make Major Contributions

May and June Futures Last Trading Price Rises

HSI Futures Open 1.46% Higher at 25889 Points

Update on Hang Seng Bull and Bear Street Holdings Distribution

Hang Seng Index Futures Open Down 1.05%, Quoted at 25,561.17

Hang Seng Index Futures Down 211 Points, Unwind Contracts Decrease

HSI Night Index (May) Down 22 Points

Hang Seng Index Futures Open Up 0.36% at 25,800 Points

Changes in Bull and Bear Street Positions of Hang Seng Index

Hong Kong Index Futures Night Session Closes Down 0.27% at 25,632.73 Points

Hang Seng Index Night Futures Up 11 Points

Hang Seng Index Futures Open 0.02% Higher at 25,959.90 Points

SLING GROUP

GOLDENPOWER

NEW GONOW RV

XH NEWS MEDIA

ENTERPRISE DEV

SINO ICT

ZHOU LIU FU

FUTONG TECH

XINJI SHAXI

REDCO HEALTHY

00005

00HSI

513600

HSBC Global Investment Research has raised its GDP growth forecasts for Hong Kong to 3.8% for 2026 and 3% for 2027, up from previous estimates of 2.7% and 2.8%. This optimistic outlook follows a strong 1Q26 GDP growth of 5.9% and limited impact from the Middle East conflict. The report highlights Hong Kong's service-led economy, government support measures, and potential capital inflows as key factors. Additionally, improvements in the residential property market and labor conditions are expected to boost consumption and investment activity.

- HSBC Global Investment Research upgraded its Hong Kong GDP growth forecasts for 2026 and 2027 to 3.8% and 3%, respectively, following a strong 1Q26 GDP growth of 5.9%.  
- The report highlights that Hong Kong's economy is largely service-led and has introduced government support measures to mitigate the impact of external disruptions, while emerging domestic momentum is fostering improved consumption.  
- Factors such as rising AI demand and a recovering residential property market are expected to boost investment, although risks remain if global demand weakens due to ongoing geopolitical tensions.

AASTOCKS News

HSBC HOLDINGS

Hang Seng Index

China Southern Hang Seng ETF

HSBC

HSBC 5xShortSG241213

HSBC Holdings Plc

HSBC Research Raises Hong Kong 2026 GDP Growth Forecast to 3.8%, Lifts 2027 to 3% on More Optimistic Outlook

03037

07200

07300

03115

02800

07500

S&P Global forecasts Hong Kong home prices to rise by 8-10% for the full year, with a 3-5% increase expected in the remaining months. The report highlights a cyclical residential market, with investment capital driving demand, as investors made up 30% of recent purchases. While primary market transactions rebounded to 20,500 last year, a slight decline to 18,000 is anticipated next year. The agency predicts a moderate recovery phase for the market over the next two years, supported by increased housing supply.

CSOP HSI ETF

FL2 CSOP HSI

FI CSOP HSI

ISHARESHSI

TRACKER FUND

FI2 CSOP HSI

S&P Global

S&P Global Projects HK Home Prices to Hike Up to 10% for Full Yr

STECH

399006

399001

399005

新兴成指

000008

510030

CHINA A-SHARES OPEN HIGHER: SHANGHAI +0.2%, SHENZHEN +0.53%, CHINEXT +0.79% HONG KONG STOCKS OPEN HIGHER: HANG SENG +1.21%, TECH INDEX +2.41% $SHCOMP $SSEC $ASHR $HSI $KWEB $FXI $HXC $DRAG $YINN $YANG (

Unusual Whales

Hang Seng TECH Index

ChiNext

Shenzhen Index

SZSE SME 100 Index

Conglomerates Index

Fortune SG SSE 180 Value ETF

CHINA A-SHARES OPEN HIGHER: SHANGHAI +0.2%, SHENZHEN +0.53%, CHINEXT +0.79% HONG KONG STOCKS OPEN HIGHER: HANG SENG +1.21%, TECH INDEX +2.41% $SHCOMP $SSEC $ASHR $HSI $KWEB $FXI $HXC $DRAG $YINN $YANG (

HSCEI

02828

159920

Hong Kong and Uzbekistan leaders met to enhance trade ties, coinciding with China signing 15 bilateral agreements in areas like infrastructure and healthcare. Chief Executive John Lee emphasized expanding Hong Kong's role in Belt and Road markets and encouraged Uzbek businesses to invest in Hong Kong. Uzbek Prime Minister Abdulla Nigmatovich Aripov noted a tripling of bilateral trade and projected it could reach $20 billion, driven by the mining sector. Agreements included energy projects and healthcare initiatives, with a focus on promoting Uzbek products in Hong Kong's market.

SCMP

Hang Seng China Enterprises Index

HSCEI ETF

ChinaAMC Hang Seng ETF

Hong Kong pledges deeper ties with Uzbekistan as China signs bilateral agreements

01347

688981

Hong Kong stocks rose, with the Hang Seng Index (HSI) closing at 26,213, up 315 points or 1.2%. Market turnover reached HKD304.7 billion, despite a net outflow of HKD8.565 billion from southbound funds. Chip stocks surged, driven by strong global demand, with notable gains from AMD and local firms like SMIC and HUA HONG SEMI. The market breadth improved, with 1,182 stocks rising. Banking stocks also saw gains, while short selling accounted for 17.8% of turnover. Spot gold increased nearly 3.1% to USD4,700 per ounce.

HUA HONG SEMI

SMIC

Hua Hong

GTJA Allianz CSI All Share Semiconductors & Semiconductor Equipment ETF

Abrdn Gold ETF Trust

Sprott JR Gold Miners ETF

Guotai CSI All Share Integrated Circuit ETF

Us Gbl GLD & Met

Pro Ultr GLD

ChinaAMC CSI SH-SZ-HK Gold Industry Equity ETF

Guotai CES Semiconductor Chip Industry ETF

Direxion Daily Gold Miners Bull 2X

Roundhill Gold Miners Weeklypay ETF

YieldMax Gold Miners Opt Inc Strgy ETF

ChinaAMC Guozheng Semiconductor Chip ETF

VanEck Junior Gold Miners ETF

iShares MSCI Global Gold Miners

ChinaAMC Gold ETF

Guotai CSI Semiconductor Material Equipment Theme ETF

SPDR GOLD TRT

VanEck Gold Miners ETF

GLOBAL X Gold Explorers

SPDR Gold Minishares

HK Stocks Rise with Turnover HKD304.7 Billion but Southbound Funds Net Outflow HKD8.565 Billion; Chip Stocks Surge

00868

01109

00001

At close, HSI rose 315 pts (1.2%) to 26,213, while HSTI increased by 39 pts (0.8%) to 4,969. Market turnover reached $304.74 billion. Notable gainers included XINYI GLASS (+9.8%), CHINA RES LAND (+6.7%), and CK ASSET (+3.3%), all hitting new highs. Conversely, QINGSONG HEALTH fell sharply by 31.3%. Overall, the market showed positive momentum with several stocks reaching new highs despite some declines in others.

XINYI GLASS

CHINA RES LAND

CKH HOLDINGS

HSI Up 315 pts; HSTI Up 39 pts; XINYI GLASS Up over 9%; CHINA RES LAND, CK ASSET, CITIC, CKH HOLDINGS, HUA HONG SEMI Hit New Highs; Market Turnover Rises

The value of total retail sales in Hong Kong for March 2026 rose by 12.8% year-on-year to $33.9 billion, surpassing the forecast of 9.4%. Motor vehicle sales surged by over 80% due to a rush to buy electric vehicles before a tax concession expired. Overall, retail sales for Q1 2026 increased by 12.1% compared to the previous year. Despite declines in some categories, the outlook for retail sales remains positive, supported by local demand recovery and inbound tourism growth.

- The Census and Statistics Department reported that Hong Kong's retail sales in March 2026 reached an estimated HKD 33.9 billion, marking a 12.8% increase compared to March 2025, surpassing market expectations of 9.4%.  
- Sales of automobiles and parts surged by 80.8% in March, driven by a tax incentive for electric vehicles, while overall retail sales for Q1 2026 also rose by 12.1% year-on-year.  
- A government spokesperson highlighted the positive outlook for retail sales, supported by recovering local demand, rising inbound tourism, and a favorable macroeconomic environment.

HK Mar Total Retail Sales Value Up 12.8% YoY, Beating Forecast; Auto Sales Surge 80%+ on Rush to Buy EVs

G Sachs has raised its 2026 GDP growth forecast for Hong Kong to 4.6% from 2.4%, following a strong 5.9% YoY growth in 1Q26, surpassing expectations of 3.5%. The growth was driven by inventory accumulation and increased private consumption. However, G Sachs warns that the boost from inventory restocking may be temporary. Goods exports rose 23.8% YoY, while imports increased by 29.9%, leading to a wider trade deficit. Services export growth slowed to 3.5%.

Goldman Sachs

GS Hldg R

G Sachs Lifts HK 2026 GDP Forecast to 4.6% as 1Q26 GDP Far Beats Expectations

*S&P Global HK Seasonally Adjusted PMI Falls to 48.6 in Apr; Biz Sentiment Hits 10-Mth Low

$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

XI2CSOPHSTECH

ISHARESHSTECH

HSTECH ETF

XL2CSOPHSTECH

CSOP HS TECH

CAM HS TECH

Hang Seng TECH ETF I

GEELY AUTO

POP MART

BABA-W

Li Auto

TENCENT-R

Tencent HK SDR 10to1

Tencent

Tencent Holdings Limited

GEELY AUTO-R

GEELY AUTOMOBILE HOLDINGS LIMITED SPON ADS EACH REP 20 ORD

POP MART HK SDR 20to1

BABA-WR

Alibaba HK SDR 5to1

Alibaba

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-W

Xiaomi HK SDR 2to1

Xiaomi Corporation

$XTALPI(02228.HK)$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)

MS#HSI RP2812Y(54666.HK)

HSBC Research Raises Hong Kong 2026 GDP Growth Forecast to 3.8%, Lifts 2027 to 3% on More Optimistic Outlook

S&P Global Projects HK Home Prices to Hike Up to 10% for Full Yr

CHINA A-SHARES OPEN HIGHER: SHANGHAI +0.2%, SHENZHEN +0.53%, CHINEXT +0.79% HONG KONG STOCKS OPEN HIGHER: HANG SENG +1.21%, TECH INDEX +2.41% $SHCOMP $SSEC $ASHR $HSI $KWEB $FXI $HXC $DRAG $YINN $YANG (

Hong Kong pledges deeper ties with Uzbekistan as China signs bilateral agreements

HK Stocks Rise with Turnover HKD304.7 Billion but Southbound Funds Net Outflow HKD8.565 Billion; Chip Stocks Surge