HU#CNOOCRP2704A

LEOCH INT'L

STARGLORY HLDGS

INTELLIMARK W27

BEST FOOD HLDG

GAOYU FINANCE

EXTREME VISION

TIAN TU CAPITAL

HSC RESOURCES

EPI (HOLDINGS)

LAP KEI ENGRG

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The southbound capital flow of the Hong Kong Stock Connect shows that the TRACKER FUND had a net inflow of HKD 8.546 billion, while the HSCEI ETF and XIAOMI-W had net inflows of HKD 2.594 billion and HKD 1.115 billion, respectively. In terms of net outflows, CNOOC saw an outflow of HKD 734 million, and Alibaba had an outflow of HKD 249 million. Overall, the net outflow of southbound capital was HKD 0, with a total transaction amount of HKD 115.156 billion, accounting for 47.27% of the market transaction volume

AASTOCKS

XIAOMI-W

CNOOC

TRACKER FUND

HSCEI ETF

Net inflow of HKD 8.546 billion for the TRACKER FUND through Hong Kong Stock Connect

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CNOOC Extends Shareholding Increase Plan in China Oilfield Services to 2027

Tip Ranks

COSL

CHINA OILFIELD

CNOOC F13 N4909

CNOOC F03 N3305

CNOOC F11 N4101

CNOOC F14 N4404

CNOOC F13 N2909

CNOOC F13 N4305

CNOOC Extends Shareholding Increase Plan in China Oilfield Services to 2027

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Hong Kong's three major indices closed lower today, with the Hang Seng Index and the Hang Seng Tech Index undergoing significant corrections, reflecting safe-haven sentiment and short-term volatility under market pressure. Certain auto and resource stocks performed strongly, with Shandong Molong and Geely Automobile attracting concentrated capital, indicating a structural divergence in market focus. As fluctuations in external trade and the macroeconomic environment persist, investors should monitor policy guidance, exchange rates, and international capital flows. This article summarizes the performance of major sectors, market focus stocks, and active trading directions

- On April 2, Hong Kong's stock indices experienced significant declines, with the Hang Seng Index closing at 25,116.53 points, down 0.70%.  
- The market sentiment was pressured by fluctuating import-export rates, leading to uncertainty in corporate profit expectations.  
- Mixed sector performances were noted, with notable gains in select stocks like Geely Automobile, which rose 8.37%, while major tech stocks like Alibaba and Xiaomi faced declines.

LB Select

BABA-W

TENCENT

MEITUAN

GEELY AUTO

SHANDONG MOLONG

ZHIDA TECH

HK.AI CAPITAL

YOFC

SMIC

POP MART

Hong Kong Market Close | Three major indices fall across the board, tech sector leads declines, while auto and resource stocks remain active against the trend

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A sustained escalation of the US/Israel–Iran conflict could lead to severe physical shortages in global oil markets, according to Oxford Economics. This situation may result in rationing, supply chain disruptions, and increased recessionary pressures. The closure of the Strait of Hormuz has already impacted oil supply.

Us Brent Oil

ISHRS S&P Glb Engy

SPDR O&G Equip

Alerian MLP

VG Energy

PETROCHINA

SINOPEC CORP

United States Oil Fund LP

SPDR Energy Select

SPDR O&G Ex & Prd

Occidental Petroleum

VanEck Oil Services ETF

BP p.l.c.

iShares US Oil & Gas Expl & Prod

VanEck Oil Refiners ETF

Global X MLP

iShares US Oil Equip & Svcs

Tortoise N Americ Pipe

GLOBAL X MLP & Energy Infra

Sinopec Corp.

Pro Ultr Bloomberg Crude Oil

First Trust North American Energy Infra Fd

A long Iran war will lead to severe shortages, says Oxford Economics

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KBAB

BABX

02513

On April 2, the three major Hong Kong stock indices were under overall pressure during intraday trading, with the Hang Seng Tech Index falling by over 2%. Profit-taking pressure was released, and market sentiment remained weak. The internet sector collectively declined, with Alibaba and Xiaomi both dropping more than 4%. Shandong Molong delivered a standout performance, surging 19.90% against the trend during the session, with turnover exceeding HK$3.1 billion. On the macro front, focus remains on import/export fluctuations and PMI data, as the foundation for economic recovery still needs consolidation

- As of April 2, Hong Kong's major stock indices faced pressure, with the Hang Seng Index dropping 1.30% to 24,965.78 points.  
- The electronics sector struggled due to weak downstream demand, influencing major companies like TCL Electronics and Skyworth, while the internet content sector declined amid tighter regulations and overall market adjustments.  
- Investors are closely monitoring external trade data amid ongoing economic recovery concerns, with specific stocks like Shandong Molong and Geely Automobile showing significant gains.

Market Heartbeat

Tencent

E Fund CSI HK Connect Internet ETF

Yinhua MSCI China A ETF

iShares MSCI China

KraneShares 2x Long BABA Daily ETF

Hwabao CSI HK Equities Internet ETF

Krne Csi China Internet

Invesco Golden Dragon China

BABA 2x Long Daily ETF - GraniteShares

iShares China Large Cap

Global X E-commerce ETF

Direxion FTSE China Bull 3X

Tencent Holdings Limited

TCL ELECTRONICS

SKYWORTH GROUP

SUNNY OPTICAL

KNOWLEDGE ATLAS

HK Stocks Intraday | Tech Stocks Under Pressure as Alibaba Falls 4.07%; Shandong Molong Surges 19.90% Against the Trend

On April 2, all three major Hong Kong stock indices weakened intraday, with the HSI falling 1.01%, failing to return to the previous trading day's high. Hardware, retail, and internet content sectors declined across the board, led by leading stocks like Xiaomi Group, Alibaba, and Tencent Holdings. Market turnover was active, while YOFC and GEELY AUTO stood out by bucking the trend. Investors are focusing on changes in market volume and macroeconomic recovery guidance

- On April 2, 2026, Hong Kong's three major indices declined, reflecting cautious market sentiment.  
- The Hang Seng Index fell 1.01% to 25,037.41, unable to surpass its previous high, while the tech sector led the losses with Tencent dropping 1.33%.  
- Market participants are closely monitoring upcoming economic data to gauge recovery prospects, amidst a strong US dollar affecting performance.

BYD COMPANY

Xiaomi Corporation

Alibaba

Hong Kong Stocks Intraday | Three Major Indices Collectively Weaken, Hardware and Retail Slump, XIAOMI-W Drops 3.87%

BABA

The Hang Seng Index's initial decline has expanded to over 220 points, currently reported at 25,064, down 229 points or 0.9%. Alibaba fell 3% to HKD 119, Tencent dropped 1.2%, and HSBC Holdings fell 1.5% to HKD 128.3. CNOOC rose 0.8%, and PetroChina increased by 1.4%. Airline stocks performed weakly, with China Eastern Airlines down 4.6% and China Southern Airlines down 4.3%

CHINA EAST AIR

CHINA SOUTH AIR

HSBC HOLDINGS

Hang Seng Index

The Hang Seng Index's initial decline has expanded to over 220 points, with Alibaba down 3%

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The three major A-share indices opened lower, falling by 0.2% to 0.6%. The central parity rate of the RMB against the US dollar was raised by 145 points to 6.8880. The People's Bank of China conducted reverse repurchase operations, with a net withdrawal of 223.5 billion yuan for the day. International oil prices are high, with PetroChina and CNOOC opening up by 1% and 1.5%, respectively. Chip stocks performed poorly, with SMIC and Hua Hong opening down by 0.9% and 1.7%, respectively

China Universal CSI Oil & Gas Resources ETF

SSE Index

F GX OIL

E Fund CSI Petrochemical Industry ETF

SINOPEC SSC

ChinaAMC CSI Petrochemical Industry ETF

ZPEC

Guotai CSI Oil & Gas Industry ETF

Yinhua CSI Oil & Gas Resources ETF

Bosera CSI Oil & Gas Resources Index ETF

The three major A-share indices of Shanghai and Shenzhen opened lower by 0.2%-0.6%, with a preference for oil stocks and weakness in chip stocks

ARES

BXMT

Reuters

ARES Management LP

Blackstone

Blackstone MortgageTrust

MEDIA-Blackstone, Ares, rivals grilled by Congress over private credit - Bloomberg News

Crude oil prices fell as hopes rise for an end to the U.S.-Israel war with Iran. Brent crude decreased by 0.9% to $103.09/barrel, while West Texas Intermediate dropped 1.3% to $100.04/barrel. Investors are taking profits amid uncertainty, despite reports of potential diplomatic resolutions. Analysts warn that supply may remain tight due to damage to energy infrastructure, and shipping costs may not normalize quickly even if the conflict de-escalates. Risks to supply remain high due to ongoing maritime threats and limited diplomatic progress.

Fidelity

Pro Ultrshrt Crude Oil

Crude Oil Prices Fall Amid Hopes of Middle East War Ending Soon

In the Hong Kong Stock Connect, CNOOC saw a net outflow of HKD 2.881 billion, while Pop Mart and Alibaba experienced net outflows of HKD 715 million and HKD 604 million, respectively. Tencent and Xiaomi Group had net inflows of HKD 1.063 billion and HKD 11.5 million, respectively. In the Hong Kong Stock Connect (Shanghai), Tencent was the stock with the highest net inflow, while TRACKER FUND had the highest net outflow. The total net outflow for the southbound trading was HKD 0, with a total transaction amount of HKD 128.141 billion, accounting for 43.97% of the total market transaction amount

Net outflow of CNOOC in Hong Kong Stock Connect amounted to HKD 2.881 billion

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KNOWLEDGE ATLAS(02513) rose 31.94%, with a trading turnover 5.0 Billion HKD, and a year-to-date rose 687.4%. MINIMAX-W(00100) rose 14.04%, with a trading turnover 3.0 Billion HKD, and a year-to-date rose 542.4%. GANFENGLITHIUM(01772) fell 3.99%, with a trading turnover 1.3 Billion HKD, and a year-to-date rose 34.5%. CNOOC(00883) fell 3.71%, with a trading turnover 8.4 Billion HKD, and a year-to-date rose 26.6%.

- The Hang Seng Index rose by 2.04%, with a year-to-date decline of 1.3%, while the Hang Seng Tech Index increased by 2.29% but has fallen 13.8% so far this year.  
- Zhizhong (02513) surged by 31.94% with a trading volume of HKD 4.98 billion, achieving a cumulative rise of 687.4% for the year.  
- Conversely, Ganfeng Lithium (01772) fell by 3.99% with a volume of HKD 1.25 billion, albeit having a year-to-date increase of 34.5%.

Top Gainers & Losers

MINIMAX-W

MONTAGE TECH

NIO-SW

SINOTRUK

GANFENGLITHIUM

YANKUANG ENERGY

CGN POWER

Top 5 HK Stock Gainers/Losers (>100B) (4.1)

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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.

CAM HS TECH

CSOP HS TECH

ChinaAMC Hang Seng Technology ETF(QDII)

GX HS TECH

Hang Seng TECH Index

ISHARESHSTECH

HSTECH ETF

Tianhong Hang Seng TECH ETF(QDII)

Hang Seng TECH ETF I

ZIJIN MINING

China Southern Hang Seng ETF

ISHARESHSI

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

Brent crude oil prices fell by more than 4%, dropping below $100 per barrel for the first time, currently reported at $99.21. The market was volatile due to President Trump stating that the war in Iran may soon come to an end, with New York crude oil also down 3.96%. Trump is scheduled to give a speech on Wednesday evening to discuss the progress of the war in Iran. Among the three major oil companies in Hong Kong, CNOOC fell by 4.21%, PetroChina dropped by 1.4%, while Sinopec rose by 2.45%

F SAMSUNG OIL

E Fund CNI Oil&Gas ETF

CHINA BLUECHEM

HSPC

Brent crude oil futures fell over 4%, dropping below $100 per barrel

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300191

000968

A-share oil and gas stocks fluctuated and fell, with Keli Co., Ltd. falling more than 7% in late trading, and Tongyuan Petroleum, ZPEC, CNOOC, SINOGEO, and Blue Flame Holding falling more than 3%

Wallstreetcn

Tong Petrotech

HU#CNOOCRP2704A(61922.HK)

HU#CNOOCRP2704A Stock Performance Chart

Net inflow of HKD 8.546 billion for the TRACKER FUND through Hong Kong Stock Connect

CNOOC Extends Shareholding Increase Plan in China Oilfield Services to 2027

Hong Kong Market Close | Three major indices fall across the board, tech sector leads declines, while auto and resource stocks remain active against the trend

A long Iran war will lead to severe shortages, says Oxford Economics

HK Stocks Intraday | Tech Stocks Under Pressure as Alibaba Falls 4.07%; Shandong Molong Surges 19.90% Against the Trend