MSKUASO@EC2606A(20137.HK)

Hong Kong Stock Market Update | The Hang Seng Index is weak, and the Technology Index has seen consecutive significant declines, with mainland internet companies under collective pressure

In the Hong Kong stock market, the three major indices collectively weakened. The Hang Seng Index fell slightly by 0.26%, the Hang Seng TECH Index dropped by 1.87%, and the National Enterprises Index decreased by 0.35%. There was significant sector differentiation, with the internet content and information sector rising slightly; leading company Tencent Holdings increased by 1.2%, and CHINA LIT rose against the trend, boosting the sector's atmosphere, with some funds flowing into leading tech stocks. The hardware, storage, and peripherals sectors performed steadily, with BYD ELECTRONIC rising by 2.1%. The energy and hydrogen energy sectors experienced significant fluctuations, with stocks like Yanzhou Coal Mining, Guofu Hydrogen Energy, and Longguang Group showing strength. The market exhibited clear structural opportunities and a preference for growth sectors, while remaining sensitive to macro liquidity and the RMB exchange rate, resulting in high short-term market volatility

The Hang Seng Index opened down 0.14%, and the Hang Seng Technology Index fell 0.87%. MEITUAN, KUAISHOU, Tencent Holdings Limited, HUA HONG SEMI, and BYD COMPANY all dropped over 1%

Shouhui Group Files HKEX Disclosure on Repurchase of 616,800 Shares for HKD 60,380

Shouhui Group Ltd. has disclosed to the Hong Kong Stock Exchange the repurchase of 616,800 shares for a total of HKD 60,380. Out of these, 17,200 shares will be retained as treasury shares. This announcement was made on February 03, 2026.

Market Review: The Hang Seng Index fluctuates upward, Tencent and Kuaishou under pressure, commodity stocks rebound

After two consecutive days of decline, the Hang Seng Index rebounded, closing up 0.2% at 26,834 points. The rise in U.S. stocks boosted the market, while technology stocks Tencent and KUAISHOU faced pressure, falling 2.9% and 1.7% respectively. The total turnover was HKD 335.152 billion, with a net inflow of HKD 0.952 billion from the north. Real estate and utility stocks performed well, with MTR CORPORATION rising nearly 3%

Top 10 HK Stock Losers (2.3)

WELLCELL HOLD(02477) fell 10.19%, with a trading turnover 49.2 Million HKD, and a year-to-date fell 27%. HTSC(06886) fell 8.24%, with a trading turnover 1.6 Billion HKD, and a year-to-date fell 10%. UNISOUND(09678) fell 6.48%, with a trading turnover 330.3 Million HKD, and a year-to-date fell 12.9%.