CI#HSI RP2810L

HAO TIAN INTL

SHANDONG MOLONG

PETRO-KING

CHK OIL

CHINA FORTUNE

CHINA OIL & GAS

GLOBAL UIN

DZUG

ZONQING LTD

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STECH

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The Hang Seng Index turned to rise, and the Hang Seng TECH Index is close to turning to rise. Previously, the Hang Seng TECH Index had once dropped by 1%

Wallstreetcn

FI2 CSOP HSI

FI CSOP HSI

FL2 CSOP HSI

TRACKER FUND

Huatai-PB CSOP Hang Seng Technology ETF(QDII)

CCB Principal HSI SCHK ETF

ChinaAMC Hang Seng Technology ETF(QDII)

China Southern Hang Seng TECH ETF(QDII)

CSOP HS TECH

ISHARESHSI

Tianhong Hang Seng TECH ETF(QDII)

ChinaAMC Hang Seng ETF

ISHARESHSTECH

Dacheng Hang Seng Technology ETF(QDII)

Hang Seng TECH ETF I

HSTECH ETF

Hang Seng Index

Hang Seng TECH Index

China Southern Hang Seng ETF

399006

399001

000001

The three major A-share indices opened higher in the morning but collectively turned down, with the Shanghai Composite Index falling 0.53%, the Shenzhen Component Index dropping 1.23%, and the ChiNext Index decreasing 0.35%. Oil and gas stocks continued to rise, the shipping sector performed strongly, while military and precious metals sectors experienced adjustments. The Hong Kong Hang Seng Index fell 0.38%, and the Hang Seng TECH Index dropped 0.72%. In the bond market, government bond futures fluctuated and rose. Most domestic commodity futures declined, the shipping index and fuel surged, while lithium carbonate plummeted over 10%

ChiNext

Shenzhen Index

SSE Index

The three major A-share indices all turned down, oil and gas stocks continued to surge, military industry collectively adjusted, the Hang Seng Index and Hang Seng TECH Index opened high and then fell, and non-ferrous metals plummeted

HKMA, Shanghai Data Bureau Sign MOU on Digitized Cargo Trade, Finance Cooperation

marketscreener

HKMA, Shanghai Data Bureau Sign MOU on Digitized Cargo Trade, Finance Cooperation

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Hong Kong's stock market experienced an increase during the pre-market trading session. According to RTHK, the Hang Seng Index rose by 130 points, or 0.5%, reaching 26,190 points. Meanwhile, the Technology Index climbed by 29 points, or 0.58%, to 5,018 points.

CoinLive

CAM HS TECH

Hong Kong Stocks Rise in Pre-Market Trading

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The Hang Seng Index opened up 0.5%, and the Hang Seng TECH Index rose 0.58%

GX HS TECH

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The Financial Secretary Paul Chan stated that the average daily trading volume of the Hong Kong stock market increased by 17% year-on-year in the first two months of this year, with a market capitalization close to HKD 50 trillion, up about 24%. He emphasized that the reforms implemented by the government since 2018 have enhanced market competitiveness and mentioned that future development needs to integrate AI with finance to promote high-quality economic development. At the same time, he encouraged the financial industry to embrace AI and support the demands of emerging industries and innovative services

AASTOCKS

CSOP HSI ETF

Chan Mo-po: In the first two months of this year, the average daily trading volume of the stock market increased by 17% year-on-year, emphasizing investment in the future

The total merchandise trade between Hong Kong and Japan reached HKD 336 billion last year, with a year-on-year growth of 9.2%. The Hong Kong Economic and Trade Office in Tokyo and the Hong Kong Trade Development Council held a business seminar in Tokyo to promote Hong Kong's business advantages. About 250 guests attended, emphasizing that Japan is Hong Kong's sixth-largest trading partner, with 1,500 Japanese companies operating in Hong Kong. The Hong Kong government continues to optimize the business environment, promote the development of intellectual property trade and financing, and introduce several upcoming high-level summits and events

Last year, the total merchandise trade between Hong Kong and Japan reached HKD 336 billion, an increase of 9.2% year-on-year

Hong Kong's government-backed investment fund, HKIC, is being redeployed to support the struggling commercial property sector. The initiative aims to attract foreign institutions despite challenges like high vacancy rates and uncertain rental recovery. Financial Secretary Paul Chan announced partnerships with long-term capital for high-quality projects. While market sentiment improved, the overall vacancy rate for grade A office space remains high at 17.5%. Analysts suggest that HKIC's move could stimulate demand in the commercial investment sector, although major funds remain cautious due to weak leasing demand and high acquisition costs.

南华早报

Hong Kong’s plan for HKIC to prop up city’s office market seen as challenging

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HSBC

Hong Kong stocks ADR is expected to open 147 points higher this morning, at 26,208 points. The relative stock prices and the premium situation of Hong Kong stocks to the American Depositary Receipts are as follows: CKH Holdings HKD 62.591 (premium 0.09%), CLP Holdings HKD 74.63 (premium -0.64%), Hong Kong and China Gas HKD 7.275 (premium 3.92%), Wharf Holdings HKD 25.19 (premium 0.60%), HSBC Holdings HKD 140.39 (premium -0.49%), Power Assets HKD 62.114 (premium 1.10%), PCCW HKD 6.164 (premium -4.77%), Henderson Land HKD 34.695 (premium 0.42%), Sun Hung Kai Properties HKD 145.662 (premium -0.45%), New World Development HKD 9.466 (premium 6.80%), SWIRE PACIFIC A HKD 82.375 (premium -0.21%), Bank of East Asia HKD 13.496 (premium 7.29%), Galaxy Entertainment HKD 39.506 (premium 1.55%), HANG LUNG PPT HKD 9.857 (premium -0.17%), Geely Automobile HKD 19.107 (premium -17.46%), CITIC HKD 12.305 (premium -0.45%), Cathay Pacific Airways HKD 13.502 (premium -0.16%), China Gas

SWIRE PACIFIC A

CLP HOLDINGS

NEW WORLD DEV

SWIREPROPERTIES

HANG LUNG GROUP

BANK OF E ASIA

CITIC

GALAXY ENT

WHARF HOLDINGS

HANG LUNG PPT

HENDERSON INV

CKH HOLDINGS

PCCW

WHARF REIC

SWIRE PACIFIC B

CHINA GAS HOLD

HENDERSON LAND

CATHAY PAC AIR

POWER ASSETS

PCPD

Hong Kong stocks ADR expect the Hang Seng Index to open 147 points higher this morning, reporting at 26,208 points

000300

China's upcoming political assembly will outline priorities for emissions reduction, as reported by Bloomberg. This meeting is crucial for determining how the world's largest polluter will address its environmental impact while balancing economic growth and sustainability. The outcomes will be closely monitored by international observers and environmental advocates, reflecting China's commitment to its climate goals.

CSI 300

China's Political Meeting to Influence Emissions Reduction Strategy

The Hang Seng Index main futures closed up 0.86% in the overnight session, at 26,109 points. The Hang Seng TECH Index main futures closed up 0.85% in the overnight session, at 5,007 points

The ongoing conflict in the Middle East is expected to increase airfares for Hong Kong travelers, as many are now opting for more expensive direct flights to Europe due to the suspension of major transit hubs in Dubai and Doha. Analysts indicate that rising demand for direct flights will lead to higher ticket prices, particularly affecting business travelers. Concerns are growing among travelers about the potential spread of the conflict, prompting shifts in travel plans towards safer regions. The disruptions are also impacting cargo routes, with shipments being rerouted through alternative paths.

Middle East conflict to drive up airfares for Hong Kong travellers: analysts

Hong Kong and Shanghai have signed a memorandum of understanding to enhance collaboration in digitized cargo trade finance and cross-border data integration. The agreement aims to promote the use of electronic bills of lading and facilitate the integration of mainland China's trade data with the global ecosystem. This initiative is part of HKMA's Project CargoX, which seeks to modernize trade finance and strengthen Hong Kong's role as an international trading hub. The collaboration reflects ongoing growth in trade finance between the two regions despite international tensions.

- Hong Kong and Shanghai have signed an agreement to enhance cooperation in promoting digital cargo trade financing and strengthen the connection between mainland China's data ecosystem and the global market.  
- The memorandum of understanding (MOU) facilitates the exploration of digital trade financing, including the use of electronic bills of lading to replace traditional documentation.  
- Despite international tensions, this partnership reflects growing trade financing between mainland China and Shanghai, with significant increases in cargo throughput and a strong trade surplus reported.

Hong Kong, Shanghai sign pact on digital trade finance, cross-border data link

Conflicts in the Middle East have underscored Hong Kong's appeal as a safe and stable talent hub, according to Labour Secretary Chris Sun. He emphasized that safety is crucial for attracting global talent, especially amid geopolitical tensions. The upcoming Global Talent Summit Week aims to draw over 7,000 attendees and promote Hong Kong's opportunities. Since 2022, over 270,000 non-locals have settled in Hong Kong, aided by the Top Talent Pass Scheme targeting high-income earners and top graduates. The initiative seeks to reverse brain drain and enhance integration for new arrivals.

Middle East tensions highlight Hong Kong’s stability, opportunities: minister

$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)

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)

CI#HSI RP2810L(67904.HK)

The Hang Seng Index turned to rise, and the Hang Seng TECH Index is close to turning to rise. Previously, the Hang Seng TECH Index had once dropped by 1%

The three major A-share indices all turned down, oil and gas stocks continued to surge, military industry collectively adjusted, the Hang Seng Index and Hang Seng TECH Index opened high and then fell, and non-ferrous metals plummeted

HKMA, Shanghai Data Bureau Sign MOU on Digitized Cargo Trade, Finance Cooperation

Hong Kong Stocks Rise in Pre-Market Trading

The Hang Seng Index opened up 0.5%, and the Hang Seng TECH Index rose 0.58%