CI#HSI RP2903B

Hang Seng Index Futures Night Session Rises 0.61% to 24997.30 Points

Hong Kong April Export Annual Rate Hits 42.9%, Far Exceeding Expectations

HSBC Private Bank Cuts Hang Seng Index Target to 28,000 and Unveils Four Priority Investment Strategies

Citi Lowers Hang Seng Index 2026 Target to 29600 Points, Bullish on A-Shares and Insurance Sector

Monthly Hang Seng Index, Tech Index, and China HSI Futures Open Higher

HSI Bull-Bear Street Ratio at 58:42, CITIC Securities Data Shows Heavy Position Distribution

Hang Seng Index May Futures Close Down 0.071% at 25,508 on May 27

Hang Seng Index Futures Night Session Closes Down 0.01% at 25403.96 Points

May Futures Night Session Rises 13 Points to 25539; Hang Seng Index Futures Drop 2 Points

Hang Seng Index Futures Fall 205 Points to 25349 on May 22

IMF Releases Preliminary Summary of 2026 Article IV Consultation with Hong Kong, Praising Economic Recovery and Financial Resilience

Hang Seng Index Night Futures Close at 25568, Up 176 Points; Hang Seng China Enterprises Index Up 70 Points

HK Night Futures Soft, May Index Futures Fall 40 Points to 25352

Hang Seng Index Futures Night Session Rises 0.68% to 25637.28, Trading at a Discount of 13.84 Points

Hang Seng Index Futures Open Down 0.47% to 25474.59 Points

May 20 Hang Seng Index Bull-Bear Street Ratio 66:34, Bear Cert Heavy Zone at 26300-26399

Hang Seng Index Night Futures Close at 25603, Down 102 Points; Hang Seng China Enterprises Index Low by 34 Points

Hang Seng Index Night Futures Close at 25558 on May 19, Down 0.21%

Hang Seng Index Futures Night Session Falls 0.22% to 25446.40, Discount of 228.78 Points

JOLIMARK

MAN YUE TECH

RISECOMM GP

DEEPZERO

WKK INTL (HOLD)

PANGAEA CONNECT

SMIT

TIANLI HOLDINGS

PROSPER FUTURE

KEEN OCEAN

00HSI

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Hong Kong's merchandise exports surged by 42.9% year-on-year to HK$620.9 billion in April 2026, driven by strong demand for ICT equipment and AI-related products. For the first four months, total exports reached HK$2,166.4 billion, a 35% increase. Despite geopolitical uncertainties, the export outlook remains positive, supported by regional trade flows and a favorable trade environment following recent diplomatic meetings. However, trade prospects are still vulnerable to geopolitical developments and energy price fluctuations.

- In April 2026, Hong Kong's goods exports rose by 42.9% year-on-year, reaching HK$620.9 billion, with total exports for the first four months increasing by 35% to HK$2.1664 trillion.  
- The surge in exports is attributed to strong global demand for AI-driven applications, ICT devices, and benefits from supply chain restructuring in Asia, despite ongoing geopolitical uncertainties.  
- The trade environment is expected to improve, bolstered by recent discussions between US and Chinese leaders, although geopolitical tensions and energy prices may still impact future trade flows.

Asian Corporate Newswire

Hang Seng Index

TRACKER FUND

CSOP HSI ETF

ISHARESHSI

Resilient Demand Drives Hong Kong Exports Amid Headwinds

Hong Kong's exports surged by 42.9% year-on-year in April, reaching HK$620.9 billion, driven by strong demand for AI-related electronics. Imports also rose by 44.4%, resulting in a trade deficit of HK$29.5 billion. Despite this growth, the government cautioned about potential risks from escalating Middle East tensions affecting supply chains and global demand. Economists predict that the ongoing conflict could lead to higher inflation and interest rates, impacting trade performance.

- In April, Hong Kong's exports surged nearly 43% year-on-year, driven by strong global demand for AI-related electronic products, despite warnings about escalating tensions in the Middle East.  
- The total export value reached HK$ 620.9 billion (US$ 79.3 billion), marking the highest annual growth since January 2021.  
- While the government remains optimistic about ongoing AI demand, geopolitical risks could disrupt supply chains and impact global demand, potentially slowing growth in external trade.

SCMP

Hong Kong exports surge 43% in April, driven by strong demand for AI electronics

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S&P Global Ratings has affirmed Hong Kong's 'AA+' long-term and 'A-1+' short-term issuer credit ratings, maintaining a stable outlook. This decision reflects expectations of resilience in Hong Kong's economy despite global uncertainties, with a projected fiscal deficit averaging below 4% of GDP over the next five years due to ongoing infrastructure investments.

AASTOCKS News

FI2 CSOP HSI

ChinaAMC Hang Seng ETF

S&P Global

S&P Affirms Hong Kong "AA+/A-1+" Ratings; Outlook Stable

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The HSI fell below 25,000 points, reaching a near two-month low at 24,994, down 1.3% on futures settlement day. MEITUAN-W dropped 5.21%, leading blue-chip losses. Other notable declines included WUXI BIO and AIA, while SMIC and HUA HONG SEMI bucked the trend with gains of 4.225% and 8.005%, respectively.

- US stocks achieved record closing highs amidst ongoing US-Iran negotiations, indicating market resilience.  
- In contrast, the Hong Kong Stock Index (HSI) fell to a near two-month low, closing at 24,994 points, down 333 points or 1.3%.  
- Major losses were seen in companies like Meituan and resource stocks, while SMIC and Hua Hong Semi bucked the downward trend with notable gains.

MEITUAN

WUXI BIO

WUXI APPTEC

ZIJIN MINING

CMOC

TENCENT

BABA-W

SHK PPT

SMIC

HUA HONG SEMI

MEITUAN-WR

Meituan

Meituan HK SDR 5to1

WuXi Biologics

WuXi AppTec

Zijin Mining

AIA-R

AIA Group

Tencent

TENCENT-R

Tencent HK SDR 10to1

Tencent Holdings Limited

Alibaba

BABA-WR

Alibaba HK SDR 5to1

SHK PPT-R

SMIC HK SDR 5to1

Hua Hong

HSI Slips Below 25,000 in Early Session on Futures Settlement Day, Hits Near Two-Month Low; MEITUAN-W  Sinks 5%

The Census and Statistics Department (C&SD) released the external merchandise trade statistics for April 2026. In April 2026, the values of Hong Kong's total exports and imports of goods both recorded year-on-year increases, at 42.9% and 44.4% respectively, while the market had projected 31% and 41.7% hikes respectively.AASTOCKS Financial News

- The Census and Statistics Department (C&SD) of Hong Kong released foreign trade statistics for April 2026.  
- Total exports and imports in Hong Kong increased year-on-year by 42.9% and 44.4%, respectively, surpassing market expectations of 31% and 41.7%.  
- This data reflects a robust performance in Hong Kong's trade sector during the specified period.

HK Apr Total Exports of Goods Up 42.9% YoY, Above Expectations

The HSI fell 587 points to 24,740, dropping below 25,000, with significant losses in tech stocks like MEITUAN-W, which hit a two-year low. Resource stocks also faced pressure. Notably, KNOWLEDGE ATLAS rose 6% to a new high. US stocks closed at record highs amid ongoing US-Iran negotiations.

- US stocks closed at record highs as markets reacted to US-Iran negotiations, while Hong Kong's HSI fell sharply below 25,000, closing down 2.32%.  
- Leading tech stocks such as MEITUAN-W and TENCENT faced significant declines, with short-selling pressures evident across the sector.  
- Changxin Technology's IPO was approved for RMB 29.5 billion, becoming the largest A-share IPO this year, while resource stocks also experienced notable declines.

HSI Slumps 587 pts at Half-Day, Loses 25,000; MEITUAN-W  Hits Trough, Down Nearly 7%; Resource Stocks Under Pressure; KNOWLEDGE ATLAS Up 6% Against Market to New High

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The HSI fell 587 points (2.3%) to 24,740, while the HSTI dropped 73 points (1.5%) to 4,833. Major stocks like Meituan and Alibaba saw declines of over 6% and 3%, respectively. However, Hua Hong Semiconductor and Legend Holdings reached new highs, with Hua Hong up 11.1%. Overall, the market experienced significant short selling activity across various sectors.

- The Hang Seng Index (HSI) fell 587 points, or 2.3%, to close at 24,740, reflecting a broad decline in the market.  
- Notable declines included Meituan, Alibaba, and Tencent, with substantial short selling activity reported across various stocks.  
- Conversely, QFIN-S and Wellcell H-New saw significant gains, highlighting variability in market performance amid the overall downturn.

LEGENDHOLDING

HSI Down 587 pts; HSTI Down 73 pts; MEITUAN Down over 6%; BABA Down over 3%; HUA HONG SEMI, LEGENDHOLDING, MININGLAMP-W Hit New Highs

Hong Kong stocks fell sharply, with the HSI dropping over 500 points to a near two-month low amid month-end settlements. MEITUAN-W hit a two-year low, while SMIC and HUA HONG SEMI bucked the trend with gains. KNOWLEDGE ATLAS reached a record high, rising 7.37%. Overall, the market showed mixed performance with significant declines in tech and property stocks.

- China A-shares showed weakness near midday, with the Shanghai Composite Index and Shenzhen Component Index down approximately 0.2% and 0.3%.  
- The HSI opened down 97 points and fell to a near two-month low, closing at 24,848, down 479 points or 1.9%.  
- Despite broader declines, Changxin Technology’s IPO was approved, aiming to raise RMB 29.5 billion, marking it as the largest A-share IPO this year.

SSE Index

Shenzhen Index

POP MART

XIAOMI-W

JD-SW

JD.com

CK ASSET

WHARF REIC

CHINA OVERSEAS

CHINA RES LAND

LONGFOR GROUP

CHINA RES MIXC

KNOWLEDGE ATLAS

MINIMAX-W

XUNCE

POP MART HK SDR 20to1

Xiaomi Corporation

XIAOMI-WR

Xiaomi HK SDR 2to1

JD-SWR

HK Stocks Once Slump Over 500 pts on Month-End Settlement; MEITUAN-W  Hits 2-Yr Low; SMIC, HUA HONG SEMI  Buck Trend; KNOWLEDGE ATLAS +7% at Record High

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HSCEI

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The HSI opened down 97 points at 25,230, while the HSCEI and HSTECH also declined. KUAISHOU-W fell 1.81% post-results, whereas NIO-SW rose 7.24% after a positive rating from CLSA. Major tech stocks like TENCENT and MEITUAN-W also experienced slight declines.

- The US stock market closed at record highs amid ongoing US-Iran negotiations, while Hong Kong's indices opened lower on May 28, 2026.  
- Major tech stocks experienced mixed performance, with KUAISHOU-W and TENCENT declining, while POP MART and NIO-SW saw gains after favorable reports.  
- Overall, market sentiment remained cautious as investors reacted to corporate earnings and short selling trends.

KUAISHOU-W

Hang Seng China Enterprises Index

Hang Seng TECH Index

UNISOUND

NIO-SW

NIO Inc

KUAISHOU-WR

NIO Inc. USD OV

HSI Opens Down 97 pts; KUAISHOU-W Slips ~2% Post-Results; NIO-SW Opens Up 7%

$Hang Seng Index(00HSI.HK) The Hang Seng Index has been fluctuating within a 20-year range. Can you believe it? It's really no different from A-shares; from this perspective

FL2 CSOP HSI

$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

CSOP HS TECH

CAM HS TECH

Hang Seng TECH ETF I

GEELY AUTO

Li Auto

GEELY AUTO-R

GEELY AUTOMOBILE HOLDINGS LIMITED SPON ADS EACH REP 20 ORD

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)

$XTALPI(02228.HK)$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)

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CI#HSI RP2903B(59855.HK)

Resilient Demand Drives Hong Kong Exports Amid Headwinds

Hong Kong exports surge 43% in April, driven by strong demand for AI electronics

S&P Affirms Hong Kong "AA+/A-1+" Ratings; Outlook Stable

HSI Slips Below 25,000 in Early Session on Futures Settlement Day, Hits Near Two-Month Low; MEITUAN-W Sinks 5%

HK Apr Total Exports of Goods Up 42.9% YoY, Above Expectations