JP#HSI RC28094

AOM INT'L

KO YO GROUP

MABPHARM-B

MOST KWAI CHUNG

CHINA ORAL IND

BRIGHT SMART

CCT FORTIS

EASY SMART GP

CEN PLAZA HOTEL

SMART DIGI TECH

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Hong Kong will implement stricter regulations on licensed moneylenders starting August, including debt servicing ratio caps for low-income earners and a ban on loan referees to reduce harassment by debt collectors. The first phase will cap monthly repayments for borrowers earning HK$6,000 or less at 35% of their income. The second phase, starting June 2027, will require moneylenders to submit borrowers' credit information to a new platform. Lawmakers support these measures but express concerns about potential risks for domestic helpers turning to unlicensed lenders.

- Hong Kong's licensed lending institutions will face new regulations starting in August, limiting debt repayment ratios for low-income borrowers and banning loan brokers to reduce creditor harassment.  
- The measures aim to curb illegal lending and enhance public protection, with a two-phase implementation plan announced.  
- The second phase, starting in June 2027, will require lenders to submit borrowers' credit information, addressing excessive borrowing risks while balancing responsible lending practices.

SCMP

FI CSOP HSI

China Southern Hang Seng ETF

FI2 CSOP HSI

CSOP HSI ETF

Hang Seng Index

Hang Seng Composite Index

ISHARESHSI

ChinaAMC Hang Seng ETF

TRACKER FUND

FL2 CSOP HSI

Hong Kong to tighten moneylending rules to tackle debt collector harassment

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Hong Kong stocks ADR are expected to open 1 point higher on Monday, reporting 25,467 points. The relative stock prices and the premium situation of Hong Kong stocks to the American Depositary Receipts are as follows: CKH HOLDINGS HKD 57.686 (premium 0.98%), CLP Holdings HKD 73.908 (premium -0.42%), Hong Kong and China Gas HKD 7.232 (premium 3.15%), Wharf Real Estate Investment HKD 23.012 (premium 3.34%), HSBC HOLDINGS HKD 122.401 (premium 0.08%), POWER ASSETS HKD 61.209 (premium 0.80%), PCCW HKD 6.036 (premium -0.27%), HENDERSON LAND HKD 30.385 (premium 1.69%), SHK PPT HKD 130.792 (premium -0.30%), NEW WORLD DEV HKD 7.984 (premium 15.98%), SWIRE PACIFIC A HKD 85.708 (premium -0.48%), BANK OF E ASIA HKD 13.327 (premium 2.50%), GALAXY ENT HKD 39.48 (premium -7.65%), HANG LUNG GROUP HKD 9.173 (premium -0.03%), GEELY AUTO HKD 19.118 (premium -8.99%), CITIC HKD 10.614 (premium 6.65%), Cathay Pacific Airways HKD 12.445 (premium -0.92%)

AASTOCKS

Galaxy Entertainment Group

SWIRE PACIFIC A

SHK PPT

CITIC

HKT-SS

BANK OF E ASIA

PCCW

CKH HOLDINGS

HANG LUNG GROUP

POWER ASSETS

HSBC HOLDINGS

HENDERSON LAND

NEW WORLD DEV

GEELY AUTO

GALAXY ENT

Hong Kong stocks ADR expect the Hang Seng Index to open 1 point higher on Monday, reporting at 25,467 points

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The Hang Seng Index main futures closed up 0.47% in the overnight session, at 25,481 points. The Hang Seng TECH Index main futures closed up 0.34% in the overnight session, at 4,981 points

Wallstreetcn

XI2CSOPHSTECH

CAM HS TECH-R

HSTECH ETF

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CAM HS TECH

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Hang Seng TECH Index

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Zhongsheng Group Holdings has been removed from the Hang Seng Index, prompting a reassessment of its valuation. The stock has seen a 22.72% decline over the past 30 days and a 26.47% loss over the past year. With a P/E ratio of 7.7x, it appears undervalued compared to industry peers, but persistent losses raise concerns about its business model. A DCF analysis suggests it is trading at an 85.5% discount to its estimated fair value of HK$67.02. Investors are encouraged to review their positions and consider other opportunities.

Simplywall

ZHONGSHENG HLDG

Zhongsheng Group Holdings Sees Valuation Questioned After Hang Seng Index Removal

The Hang Seng Index fell 1.13% this week, closing at 25465.60, marking a decline for two consecutive weeks. Over the last two weeks, it dropped 1164.94 points or 4.37%, the largest decline since October 2025. It has decreased for three of the past four weeks and is currently 23.19% off its record close from January 2018. Year-to-date, the index is down 0.64%.

MorningStar

Hang Seng Index Falls 1.13% This Week to 25465.60 — Data Talk

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In the first two months of 2026, the cumulative increment of social financing scale reached 9.6 trillion yuan, an increase of 316.2 billion yuan compared to the same period last year. By the end of February 2026, the stock of social financing scale was 451.4 trillion yuan, a year-on-year increase of 8.2%. The M2-M1 spread was 3.1 percentage points, further narrowing compared to January

- The People's Bank of China reports a 9.0% year-on-year growth in broad money (M2) and an 8.2% increase in the scale of social financing by the end of February 2026.  
- The total social financing flow for February was 2.38 trillion yuan, while loans increased by 900 billion yuan, indicating a stabilization in credit growth despite seasonal fluctuations.  
- Experts suggest that ongoing financial policies are effectively supporting the economy, with expectations of continued reasonable growth in financial metrics as businesses resume operations post-holiday.

Shenzhen Index

SSE Index

CSI 300

In February, China's new social financing was 2.38 trillion yuan, with new RMB loans of 900 billion yuan, and M2 increased by 9% year-on-year

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CGTN America & CCTV UN has published "China in Spring: Opportunities for China's Development for the World". The event will take place in New York on March 13, following China's Two Sessions, where leaders focused on common prosperity, high-quality economic growth, and technological innovation. The event will gather diplomats, academics, bankers, and economists to discuss the implications of these sessions, particularly the AI Plus Initiative and China's commitment to multilateral cooperation amidst geopolitical tensions. It aims to foster understanding of China's evolving policies and their impact on global markets.

prnewswire

Invesco Golden Dragon China

NASDAQ Golden Dragon China Index

Roundhill China Dragons ETF

iShares MSCI China

17:06 ETCGTN AMERICA & CCTV UN: China en primavera: oportunidades de desarrollo de China para el mundo

Hong Kong's Manufacturing Industrial Production Index Jumps 5.7% in Q4

marketscreener

Hong Kong's Manufacturing Industrial Production Index Jumps 5.7% in Q4

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Hong Kong's stock exchange has proposed easing rules for dual-class share listings to enhance competitiveness. The proposals include halving the market value threshold for companies seeking dual-class structures from HK$40 billion to HK$20 billion and lowering another threshold from HK$10 billion in market cap plus HK$1 billion in revenue to HK$6 billion and HK$600 million, respectively. Additionally, all new listing applicants may file confidentially. The consultation period for these proposals will end on May 8, aiming to attract more companies amid a surge in share sales, particularly from mainland Chinese firms.

- The Hong Kong Stock Exchange has proposed reducing the market capitalization threshold for companies seeking to adopt a dual-class share structure, potentially boosting stock sales in the region.  
- Currently, companies can aim for two alternative thresholds: a simple market cap test of HKD 40 billion or a combination of HKD 10 billion market cap and HKD 1 billion revenue, with the new proposal lowering these to HKD 20 billion and HKD 6 billion, respectively.  
- The exchange is also seeking market feedback on these proposals until May 8, following a substantial increase in capital financing driven by mainland Chinese companies in 2025.

HKEX

Hong Kong Exchanges and Clearing (HKEX)

HS AINDTOPETF-R

Hong Kong proposes easing rules for dual-class share listings in competitiveness push

China end-Feb foreign exchange deposits $1.12 trln vs $1.1 trln at end-Jan

China end-Feb foreign exchange deposits $1.12 trln vs $1.1 trln at end-Jan

China outstanding total social financing +8.2% y/y at end-Feb

China outstanding total social financing +8.2% y/y at end-Feb

Hong Kong Stocks End Week in Red; Two Firms Launch IPO

Hong Kong Stocks End Week in Red; Two Firms Launch IPO

$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

Hang Seng TECH ETF I

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)

JP#HSI RC28094(59134.HK)

Hong Kong to tighten moneylending rules to tackle debt collector harassment

Hong Kong stocks ADR expect the Hang Seng Index to open 1 point higher on Monday, reporting at 25,467 points

The Hang Seng Index main futures closed up 0.47% in the overnight session, at 25,481 points. The Hang Seng TECH Index main futures closed up 0.34% in the overnight session, at 4,981 points

Zhongsheng Group Holdings Sees Valuation Questioned After Hang Seng Index Removal

Hang Seng Index Falls 1.13% This Week to 25465.60 — Data Talk