JP#HSI RP2810T

HSF Futures Open 1.40% Lower at 26,236.68

HSI Futures Evening Session Closes Down 0.54% at 26,465

CITIC Securities Hang Seng Index Bull and Bear Warrant Street Position Ratio and Changes

Hong Kong Interbank Offered Rates (HIBOR) Across the Board Slightly Up

Hang Seng Index Night Futures Close Up 181 Points

HSI Futures Night Session Closes Up 0.65% at 26,923

Hong Kong Stock Market Stamp Duty Boosts Government Revenue, 2026 Budget Forecast Shows Little Increase

Government Announces Budget Forecasting Surplus from 2026/27 Fiscal Year Onwards

Hong Kong Increases Stamp Duty on Residential Properties Over HKD 100 Million

Financial Secretary Paul Chan's Budget Speech Predicts HK Economic Growth

Hang Seng Index Futures Closed on February 25th

HSI Futures, HKC Futures, and H shares Index Futures Open Lower than Spot Prices

LJ Group Analyzes Hong Kong Private Housing Construction and Completion

HANG SENG Index Bull and Bear Warrant Ratio and Quantity Updates

Hang Seng Index Futures Night Session Down 0.75%

HSI Night Index Futures Quotation Up 43 Points

Futures Open Higher Than Spot Prices

Hang Seng Index Futures Open 1.52% Higher at 26,787.44

Significant Rise in Singapore Black Index and Overnight Futures

Hong Kong Monetary Authority's Assessment and Outlook of Hong Kong's Economy

D&G TECH

EASYKNIT INT'L

CHK OIL

SHANDONG MOLONG

CENTURY EN INTL

JX ENERGY

ADTIGER CORP

HKC INT'L RTS

PETRO-KING

MIE HOLDINGS

BILI

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The Hang Seng Index fell by 2.1%, and the Hang Seng TECH Index dropped by 2.4%. BYD ELECTRONIC, Bilibili, and others fell by more than 2%

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Bilibili

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BYD COMPANY

Hang Seng TECH Index

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Hong Kong stocks are affected by the Middle East conflict, with increased volatility in the short term. After rebounding last week, the Hang Seng Index has once again fallen below multiple moving averages, showing a weakened overall performance. It is expected that Hong Kong stocks will open lower this morning, possibly retreating to the 26,300 level. Market risk aversion is high, and attention should be paid to the impact of the National People's Congress on economic policy. Multiple uncertainties may lead Hong Kong stocks to continue to search for support

Stheadline

CSOP HSI ETF

FI2 CSOP HSI

ISHARESHSI

TRACKER FUND

FL2 CSOP HSI

FI CSOP HSI

Hong Kong stocks may provide buying opportunities as they adjust significantly with external factors｜Gu Tianhou

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36Kr learned that the Hang Seng TECH Index fell 2% at the beginning of trading, and the Hang Seng Index dropped 1.35%

36Kr

HSTECH ETF

Tianhong Hang Seng TECH ETF(QDII)

CAM HS TECH

ChinaAMC Hang Seng Technology ETF(QDII)

Dacheng Hang Seng Technology ETF(QDII)

ISHARESHSTECH

Hang Seng TECH ETF I

CSOP HS TECH

The Hang Seng TECH Index fell 2% at the beginning of the session

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The Financial Secretary Paul Chan recently stated on a television program that there is not much direct trade and investment between Hong Kong and Iran, but the ongoing conflict has created significant uncertainty globally, which is expected to lead to greater volatility in the financial markets. He emphasized that the government has sufficient contingency plans in place to respond. Chan estimated that due to the impact of the Middle East conflict, financial market volatility is relatively high, capital flows may shift more rapidly, and there is uncertainty, with local funds possibly seeking a "safe haven" in Hong Kong. The Hong Kong SAR government must be well-prepared and handle financial risks carefully, as it already has adequate contingency plans

AASTOCKS

ISHARESHSI-R

ISHARESHSI-U

Chen Maobo: Middle Eastern funds have the opportunity to flow into Hong Kong for hedging

The government announced the land sale schedule for the 2026/27 fiscal year, expecting to launch 9 residential land plots, providing a total of approximately 6,650 units. The Secretary for Development, Ning Hanhao, stated that the potential land supply for the entire year could accommodate the construction of about 22,500 units, with over 15,000 being government-led or coordinated. In the next five years, land for approximately 98,000 private housing units will be prepared. The plan for the first quarter includes launching land in Area 106A of Tung Chung, expected to provide about 990 units

Ning Hanhao: Potential land supply in the new fiscal year exceeds 22,500 units, with 70% led or coordinated by the government

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PETROCHINA and CNOOC rose by over 5%, while Zijin Mining and Sinopec Corp. rose by over 2%. Risk warning and disclaimer: The market has risks, and investment should be cautious. This article does not constitute personal investment advice and does not take into account the specific investment objectives, financial conditions, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article are suitable for their specific circumstances. Investment based on this is at one's own risk

PETROCHINA

SINOPEC CORP

ZIJIN MINING

CNOOC

Zijin Mining

Sinopec Corp.

The Hang Seng Index opened down 1.22%, and the Hang Seng TECH Index fell 1.78%

The Housing Bureau announced that the Simple Housing Scheme has begun registration, and existing subdivided unit owners can apply for a 36-month grace period. The new system provides a 48-month transition arrangement, and criminal offenses for illegal rentals will take effect on March 1, 2027. The Housing Bureau will encourage owners to submit applications as soon as possible and will take enforcement action in the year following the implementation of the new system to ensure that residents are not displaced and to assist in finding alternative housing

Housing Authority: The Simple Housing Scheme has been accepted for registration, and existing subdivided unit owners can receive a 36-month grace period

0HSCI

The total bilateral merchandise trade between Hong Kong and the Philippines reached USD 15.7 billion, making Hong Kong the Philippines' fourth-largest trading partner. The Hong Kong Economic and Trade Office in Singapore held a Lunar New Year dinner in Manila, emphasizing the close relationship between the two regions in economic, trade, and cultural exchanges. Financial Secretary Paul Chan proposed several measures in the budget aimed at promoting economic and trade cooperation between Hong Kong and Southeast Asian countries, attracting high-end talent and enterprises. Hong Kong will continue to leverage its unique advantages to enhance connections with countries like the Philippines

Hang Seng Composite Index

Last year, the total bilateral merchandise trade between Hong Kong and the Philippines reached 15.7 billion USD

QQEW

QQQM

FNCL

The U.S. stock market experienced a downturn, leading to a decrease in Hong Kong ADRs by 21 points or 0.08%, closing at 26,609 points. According to Ming Pao, the night session saw a further decline of 143 points or 0.54%, ending at 26,465 points, with the night session showing a discount of 166 points.

CoinLive

First Trust NASDAQ-100 Equal Weighted

Invesco Nasdaq 100 ETF

Fidelity MSCI Financials Index

ISHRS Us Brokers & Sec Exchg

Invesco QQQ Trust

Financial Select Sector SPDR Fund

Dow Jones Utility Average

Proshares UltraPro QQQ

ProShares Shrt QQQ

Proshares UltraPro Short QQQ ETF

ProShares Ultra QQQ

NASDAQ Composite Index

VG Financial

Global X NASDAQ 100 Collar 95-110 ETF

Pro Ultrshort Qqq

Fidelity Nasdaq Composite Index ETF

NASDAQ-100

S&P 500

Dow Jones Industrial Average

STOCKS | U.S. Stock Market Decline Impacts Hong Kong ADRs

The upcoming week will see the release of inflation data from the Philippines, Thailand, Taiwan, and retail sales data from Hong Kong. In the Philippines, inflation is expected to rise due to higher rice prices, influencing the central bank's rate decisions. Thailand anticipates a 0.49% decline in consumer prices, attributed to lower fuel and pork prices. Taiwan's inflation is projected to increase temporarily, while Hong Kong's economy shows signs of recovery with a GDP growth forecast of 2.5%-3.5% for the year.

MorningStar

Week Ahead for FX, Bonds: U.S. Jobs Data in Focus -2-

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Among them, there are no reverse repos maturing on Monday, with maturities of 526 billion yuan, 409.5 billion yuan, 320.5 billion yuan, and 269 billion yuan from Tuesday to Friday, all for a seven-day term. In addition, on Friday (March 6), there is also a 1 trillion yuan 91-day term reverse repo maturing

SSE Index

Shenzhen Index

This week, a total of 1.525 trillion yuan in reverse repos will mature in the open market of the People's Bank of China

Financial Secretary Paul Chan stated that there are no plans for Hong Kong to transfer funds from the Exchange Fund again in the next five years, emphasizing that this move will not become the norm. He pointed out that the Exchange Fund is large, and this transfer will not affect financial stability or the peg between the Hong Kong dollar and the US dollar. The government will consider issuing more long-term bonds to match investments in the Northern Metropolis, and although the ratio of policy debt to GDP will rise to about 19.9%, it remains at a relatively low level within international standards

Chen Maobo: Hong Kong has no plans to transfer funds from the Exchange Fund again within five years

Hong Kong plans to host new fairs on robotics, yachts, and small jets to enhance its status as an international exhibition hub and attract affluent visitors. Commerce Secretary Algernon Yau announced a HK$100 million budget to attract large international exhibitions. The government is collaborating with global organizers to introduce events that have never been held in the city. The exhibitions industry contributes 2.1% to Hong Kong's GDP, with each event generating significant daily spending from attendees. Expansion of key exhibition venues is also planned to accommodate larger events.

南华早报

Robots, jets and yachts: Hong Kong aims for new fairs to woo big spenders

Hong Kong's Financial Secretary, Paul Chan, warns of significant global financial uncertainty due to ongoing conflicts, despite limited direct trade with Iran. He anticipates market volatility and capital flow shifts, prompting the government to manage financial risks with contingency plans. A budget proposal allocates HKD 150 billion from the Exchange Fund for infrastructure projects in the Northern Metropolis, which is crucial for future economic growth. Chan emphasizes a balanced resource allocation across sectors and the importance of considering economic conditions for support measures.

Hong Kong Prepares for Financial Uncertainty Amid Global Tensions

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XLRE

Hong Kong's small landlords are adapting to competition by converting office spaces into co-working areas and student hostels. With a significant increase in premium office space, older buildings face challenges as tenants prefer modern facilities. Analysts note a shift towards co-working, with a projected 1.7 million sq ft leased by 2025. The student housing sector is also expanding due to a current deficit of 88,000 beds. Despite a slight increase in leasing activity, overall office rents fell by 2.9% year-on-year, with premium offices expected to outperform the market.

iShares US Real Estate ETF

Vanguard Real Estate ETF

Schw Us Reit

Real Est Select Spdr

Hong Kong’s small landlords turn to co-working, student hostels to survive

$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

XL2CSOPHSTECH

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)

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 RP2810T(64235.HK)

The Hang Seng Index fell by 2.1%, and the Hang Seng TECH Index dropped by 2.4%. BYD ELECTRONIC, Bilibili, and others fell by more than 2%

Hong Kong stocks may provide buying opportunities as they adjust significantly with external factors｜Gu Tianhou

The Hang Seng TECH Index fell 2% at the beginning of the session

Chen Maobo: Middle Eastern funds have the opportunity to flow into Hong Kong for hedging

Ning Hanhao: Potential land supply in the new fiscal year exceeds 22,500 units, with 70% led or coordinated by the government