BI#HSI RP2803O

CCOE

ONEFORCE HLDGS

ROYAL DELUXE

STARCOIN GROUP

ASIAPAC FIN INV

DRINDA

WAI HUNG GROUP

WELIFE TECH

MAINLAND HOLD

JOHNSON ELEC H

00HSI

36Kr learned that the net inflow of southbound funds exceeded HKD 5 billion

36Kr

Hang Seng Index

Net inflow of southbound funds exceeds HKD 5 billion

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HSBC Global Research has raised its profit forecasts for Hong Kong Exchanges and Clearing for this year and next year, increasing them by 3% and 1.8% respectively, and has raised the target price from HKD 510 to HKD 520, maintaining a "Buy" rating. Hong Kong Exchanges and Clearing's earnings per share exceeded expectations in the fourth quarter and for the full year, at HKD 3.43 and HKD 14.05 respectively, with total revenue in the fourth quarter growing by 14.6% year-on-year. The bank pointed out that Hong Kong Exchanges and Clearing has significant growth potential and competitive advantages, planning to establish a comprehensive fixed income and currency ecosystem

AASTOCKS

Hong Kong Exchanges and Clearing (HKEX)

Yinhua CSI All Share Investment Banking & Brokerage ETF

ISHRS Us Brokers & Sec Exchg

FL2 CSOP HSI

GF Fund CSI HK Connect Financials(ex Banks) Thematic ETF

A GX HSICC

Hwabao WP CSI All Share Investment Banking & Brokerage ETF

FI CSOP HSI

HKEX

FI2 CSOP HSI

FL2 CSOP HSCEI

HSBC Research raises Hong Kong Exchanges and Clearing (HKEX) profit forecasts for this year and next, increasing the target price to HKD 520

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BEIJING, Feb 27 (Reuters) - China will implement more active macro policies, and enhance targeted coordination of policies, state news agency Xinhua reported the Chinese Communist Party as having discussed at its politburo meeting on Friday.The politburo also discussed efforts to stabilise employment and building a strong domestic market.

- China's macroeconomic policy will become more proactive and coordinated, according to reports from Xinhua.  
- The Politburo also discussed efforts to stabilize employment and build a strong domestic market.  
- These measures aim to enhance economic resilience amidst current challenges.

Reuters

China Universal CSI 300 Index Initiating Fund(LOF)-C

SSE Index

Yinhua CSI 300 Index Fund(LOF)-A

Zheshang CSI 300 Enhanced Index Fund(LOF)-A

China says will implement more active macro policies, enhance targeted coordination

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STECH

Hong Kong stocks are set for their worst monthly decline since October, with the Hang Seng Index down 3.2% amid concerns over AI's impact on traditional industries. The index rose 0.6% to 26,545.09 on Friday, while the Hang Seng Tech Index gained 0.9%. Sun Hung Kai Properties saw a 5.4% increase in shares after reporting a 36% profit rise. Global markets remain cautious, with Japan's Nikkei 225 down 0.7% and South Korea's Kospi down 2.1%.

南华早报

SHK PPT

Hang Seng TECH Index

Pro Ultrshrt Yen

Hong Kong stocks head for worst month since October on AI disruption angst

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The Central Political Bureau meeting emphasized the continued implementation of proactive fiscal policies and moderately loose monetary policies, strengthening the synergy between reforms and macro policies. The Hang Seng Index's afternoon gains expanded to 284 points, reaching 26,665 points. The meeting proposed to continuously expand domestic demand, optimize supply, promote effective qualitative improvement and reasonable quantitative growth of the economy, maintain social harmony and stability, and ensure a good start for the "14th Five-Year Plan."

- The Central Political Bureau held a meeting on February 27, emphasizing the continuation of proactive fiscal policies and moderately relaxed monetary policies.  
- It highlighted the need for coordinated reform efforts and macroeconomic policies to stimulate domestic demand and optimize supply.  
- The meeting aimed to enhance economic stability, prevent risks, and promote a quality and reasonable growth of the economy, contributing to a good start for the 14th Five-Year Plan.

Stheadline

CSOP HSI ETF

ISHARESHSI

TRACKER FUND

The Central Political Bureau meeting was held: continue to moderately loosen monetary policy and expand domestic demand. The Hang Seng Index's increase once expanded to 284 points

The Hang Seng Index's afternoon gains expanded to 1%

Wallstreetcn

Hong Kong is set for a gloomy weekend with occasional rain and stronger easterly winds, as forecasted by the city's weather observatory. Showers are expected to continue into next week, with a warm southerly airstream replacing the easterly winds. A cold front will bring stronger winds and more showers by Tuesday, but conditions are predicted to improve by next weekend with sunny intervals. Temperatures will gradually decrease from 23°C on Monday to 17°C by Friday.

Gloomy weekend forecast for Hong Kong, with showers from Saturday

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Hong Kong corporate earnings week ahead

marketscreener

China Southern Hang Seng ETF

ChinaAMC Hang Seng ETF

Hong Kong corporate earnings week ahead

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Hong Kong stocks rebounded after the futures settlement day, with the Hang Seng Index rising 197 points to 26,578 points in the first half of the day. In the real estate sector, Sun Hung Kai Properties rose nearly 7%, with a 17% increase in half-year underlying profit. In the technology sector, both Tencent and Meituan saw increases, rising 2.8% and 2.1% respectively. The overall market turnover was HKD 121.827 billion

Tencent Holdings Limited

TENCENT

Tencent

MEITUAN

Meituan

FI2CAMNDQ100

ISHARESHSI-U

CSOP HS TECH

Krne Csi China Internet

ISHARESHSI-R

"Hong Kong Stocks" The Hang Seng Index rose 197 points in the half-day, New World Development increased nearly 7%, Tencent and Meituan performed well

The Hong Kong government, led by Secretary Edward Yau, is introducing measures to support SMEs by injecting HKD 200 million into the BUD Special Fund. This initiative aims to enhance innovation and competitiveness while exploring new markets. The government plans promotional activities in Hong Kong and mainland China, establish a professional service platform, and organize overseas tours for mainland enterprises. Additionally, Hong Kong will strengthen its role in the Belt and Road Initiative and has completed investment agreements with Qatar, Bangladesh, and Peru, while seeking new agreements with Saudi Arabia and Egypt.

CoinLive

Hong Kong Government Plans New Measures to Support SMEs and Expand Markets

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Citigroup released a research report indicating that the scope of economic recovery in Hong Kong for the 2026/27 fiscal budget has been confirmed, and it is expected that fiscal reserves will remain stable. The report believes that strong tax revenues from financial activities and profits tax will enable Hong Kong to return to surplus after years of deficits. The government forecasts local GDP growth of 2.5% to 3.5% in 2026 and will continue capital expenditures to support long-term development projects through bonds. Public debt issuance will increase, and the borrowing limit for green and infrastructure bonds has been raised, with the overall debt-to-GDP ratio expected to remain at a controllable level of 14.4% to 19.9%

Huaan CSI Banks ETF

Guotai CSI All Share Investment Banking & Brokerage ETF

ChinaAMC CSI Banks ETF

Hwabao WP CSI Banks ETF

WP CSI Banks ETF

Citigroup: The "Budget" confirms the expansion of the scope of Hong Kong's economic recovery, and it is expected that fiscal reserves will remain stable

The government's latest "Fiscal Budget" balances macro and micro arrangements, covering both short-term and long-term needs. The Secretary for Financial Services and the Treasury, Christopher Hui, pointed out that the budget includes macro policies and specific measures, such as those related to rates and social welfare. The government plans to allocate HKD 150 billion from the Exchange Fund to the Capital Works Reserve Fund, emphasizing that this move is not a norm and aims to promote diverse capital participation in the development of the Northern Metropolis and encourage collaboration between developers and innovative enterprises. The overall goal is to promote diversified economic development through financial means

Xu Zhengyu: The budget proposal has taken into account both macro and micro arrangements

Goldman Sachs released a report stating that the Hong Kong Exchanges and Clearing (HKEX) will exceed profit expectations in the fourth quarter of 2025, mainly benefiting from investment income and a decrease in operating expenses. Excluding investment income, profits are still 5% higher. Management emphasized the medium- to long-term development strategy, planning to seize growth opportunities in China and the region. It is expected that earnings per share will grow by about 4% in 2026, with revenue excluding investment income increasing by 12%. The "Buy" rating for HKEX is maintained, with a target price of HKD 546

Goldman Sachs: HKEX's profit last quarter far exceeded expectations, maintaining a "Buy" rating

$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

CSOP A50 ETF-R

CSOP A50 ETF

XI2CSOPHSTECH

ISHARESHSTECH

HSTECH ETF

XL2CSOPHSTECH

CAM HS TECH

Hang Seng TECH ETF I

GEELY AUTO

POP MART

BABA-W

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

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)

BI#HSI RP2803O(55022.HK)

Net inflow of southbound funds exceeds HKD 5 billion

HSBC Research raises Hong Kong Exchanges and Clearing (HKEX) profit forecasts for this year and next, increasing the target price to HKD 520

China says will implement more active macro policies, enhance targeted coordination

Hong Kong stocks head for worst month since October on AI disruption angst

The Central Political Bureau meeting was held: continue to moderately loosen monetary policy and expand domestic demand. The Hang Seng Index's increase once expanded to 284 points