HSMTUAN@EC2610A

NE ELECTRIC

JINGCHENG MAC

BOER POWER

SH GROUP HLDG

IMPERIUM TEC GP

XI2CSOPSMSN

XI2CSOPSMSN-U

LING YUI

WAI HUNG GROUP

01810

03690

00HSI

Hong Kong stocks initially fell over 580 points, oil service stocks sharply declined, Meituan continued to explore the bottom, and Xiaomi rebounded

AASTOCKS

XIAOMI-W

MEITUAN

Hang Seng Index

Hong Kong stocks initially fell over 580 points, oil service stocks sharply declined, Meituan continued to explore the bottom, and Xiaomi rebounded

TCEHY

00700

01024

TCTZF

The Hang Seng Index opened down 298 points at 25,469 points, the National Index opened down 91 points at 8,516 points, and the Hang Seng Tech Index opened down 60 points at 4,816 points. Commodity stocks generally declined, with SD GOLD, ZHAOJIN MINING, and ZIJIN MINING opening down 3.2% to 3.6%. Minmetals Resources' annual net profit soared over 2.1 times, with its stock price opening down 4%. Shipping stocks, PACIFIC BASIN, saw a 56% drop in annual net profit, with its stock price opening down 2%. Technology stocks Tencent, KUAISHOU-W, and MEITUAN opened down 0.9% to 1.3%. Financial stocks HSBC opened down 2.1%

Tencent

TENCENT

KUAISHOU-W

ZIJIN MINING

PACIFIC BASIN

ZHAOJIN MINING

Tencent Holdings Limited

SD GOLD

SD-GOLD

"Hong Kong Stocks" Hang Seng Index opened down 298 points, commodity stocks declined, and Techtronic Industries fell nearly 5% after earnings

MPNGY

The Tabbit team of Meituan responded to the controversy regarding allegations of code plagiarism in its first AI browser. The team stated that on December 30 of last year, they became aware of the read-frog open-source project while developing the translation feature and forked the project. Since the project did not have an open-source license declaration at that time, the team failed to notice the GPLv3 license added by the original author on January 2 in a timely manner, and thus did not continue to merge subsequent code

Wallstreetcn

Meituan

Meituan's first AI browser caught in "code plagiarism" controversy? Multiple parties respond

XIACY

BABA

09988

BABX

KBAB

According to the report from Soochow Securities Co., Ltd., last week, the net inflow of southbound funds in the Hong Kong stock market was HKD 6.7 billion, mainly flowing into information technology, discretionary consumer goods, and real estate construction industries, while outflows were seen in telecommunications and utilities. The stocks with the highest net purchases included Meituan, Xiaomi, and Tencent. The net inflow into ETFs accelerated, reaching a total scale of HKD 444.26 billion. The top ten net purchased stocks were Meituan, Alibaba, BYD, etc., while the stocks with net outflows included Zijin Mining, China Life, and Minmetals Resources, among others

Xiaomi Corporation

Alibaba

BABA-W

BABA 2x Long Daily ETF - GraniteShares

KraneShares 2x Long BABA Daily ETF

Dongxing Securities Co., Ltd. lists the top ten net purchases and net sales of Hong Kong stocks by southbound funds last week (table)

EATZ

The latest data shows that the takeaway battle has led to a decline in net profits for 80% of catering merchants, with 35% of merchants experiencing a drop of over 30%; 74% of merchants have seen a decrease in average order value, with 53% experiencing a decline of over 10%, and only 5% of merchants have achieved an increase in average order value. Dining-in merchants are the most significantly affected, with 65% of merchants reporting a year-on-year decline in dining-in revenue. Lixin Consulting released a research report on February 27, focusing on catering merchants in the takeaway subsidy battle, covering all 31 provincial-level administrative regions in the country, and collecting 2,298 valid questionnaires

AdvisorShares Restaurant ETF

Data shows that the takeaway war has led to an "irreversible decline" in restaurant prices, with 80% of merchants experiencing a decline in net profits

On March 2nd, Meituan's team Lightyear Beyond (GN06) announced that its new product Tabbit AI Browser has entered public beta. The product supports both macOS and Windows platforms and currently adopts a free and invitation code-free open strategy

Meituan launches AI browser

688223

The NASDAQ Golden Dragon China Index initially closed down 1.1%. Among popular Chinese concept stocks, Kingsoft Cloud fell 4.9%, ZAI LAB and Xiaomi fell 4.1%, while WeRide, Meituan, Vipshop, and GDS had the highest declines of 3.6%. Jinko Solar rose 2.1%, BEKE rose 2.2%, BYD rose 5%, Qifu Technology rose 5.8%, and Douyu rose 7.2%

Jinko Solar

BYD COMPANY

BEKE-W

NASDAQ Golden Dragon China Index

GDS-SW

BYD Company

ZAI LAB

Krne Csi China Internet

iShares MSCI China

Invesco Golden Dragon China

Roundhill China Dragons ETF

STECH

601088

The Hang Seng Index closed at 26,059 points, down 570 points or 2.1%; the Hang Seng TECH Index reported 4,989 points, down 148 points or 2.9%. The total market turnover was HKD 357.679 billion. Major stocks such as Xiaomi Group, Meituan, and Alibaba all experienced declines, falling over 5% and 4% respectively. Stocks like Xinyi Glass, CNOOC, and PetroChina reached new highs with active trading

Hang Seng TECH Index

ALI HEALTH

CSEC/China Shenhua

XINYI GLASS

CHINA OILFIELD

PETROCHINA

CHINA SHENHUA

CNOOC

COSL

OOIL

According to the "All-Day Express," the Hang Seng Index fell by 570 points; the Hang Seng TECH Index dropped by 148 points. Xiaomi Group fell by over 5%, Meituan by over 4%, and Alibaba by over 4%. Xinyi Glass, CNOOC, PetroChina, OOIL, and China Shenhua hit new highs with active trading

601898

The Hang Seng Index closed at 26,209 points, down 420 points or 1.6%. The Hang Seng Tech Index reported 5,030 points, down 107 points or 2.1%. Xiaomi Group fell over 4%, while major stocks such as Meituan, Alibaba, Ping An, and Tencent also experienced declines. Xinyi Glass, CNOOC, OOIL, and China Shenhua reached new highs

China Coal Energy

CHINA COAL

The Half-Day Express reports that the Hang Seng Index fell by 420 points; the Hang Seng Tech Index dropped by 107 points. Xiaomi Group fell by over 4%. Xinyi Glass, CNOOC, OOIL, China Shenhua, and China Coal Energy reached new highs

Meituan's drone collaborates with the Hong Kong Youth Service Centre to trial a drone delivery route in Ting Kok Village, Tai Po, providing meal delivery services for the elderly. The route departs from the Science Park and goes directly to Ting Kok Village, using aerial straight-line distance to avoid ground traffic, reducing delivery time from one and a half hours to about 10 minutes. During the trial period, lunch and dinner deliveries are planned from Monday to Saturday. The person in charge of Keeta Drone stated that they hope to expand this model to more communities in the future

Meituan pilots drone delivery routes in Tingjiao Village, Tai Po, to provide meal delivery services for the elderly

09618

06618

02618

Meituan, Taobao Flash Sale, and JD.com responded to the newly released takeout regulations. Meituan stated that it will fully implement food safety requirements and increase support for catering merchants. Taobao Flash Sale, in collaboration with ecological partners, will build a food safety co-governance system, emphasizing platform review and public supervision. JD.com Takeout insists on quality takeout, establishing multiple review mechanisms and launching new brands to enhance food safety standards. The new regulations will be implemented starting June 1, requiring takeout merchants to indicate no dine-in and verify their business qualifications with regulatory authorities

JD.com

JD-SW

JD HEALTH

JD LOGISTICS

Meituan, Taobao Flash Sale, and JD.com respond to new delivery regulations

01113

00669

0HSCI

02388

07200

07300

The Hang Seng Index closed at 26,630 points, up 249 points or 0.9%; the Hang Seng Tech Index reported 5,137 points, up 28 points or 0.6%. The total market turnover was HKD 288.42 billion. Among the active blue-chip stocks, Tencent rose 1.2%, MEITUAN rose 0.9%, and Hong Kong Exchanges and Clearing rose 0.9%. New World Development, Shenhua, CK ASSET, BOC HONG KONG, TECHTRONIC IND, and other stocks reached new highs with strong trading volume

CK ASSET

TECHTRONIC IND

Hang Seng Composite Index

BOC HONG KONG

FL2 CSOP HSI

FI CSOP HSI

According to the Hong Kong Daily News, the Hang Seng Index closed at 26,630 points, up 249 points; the Hang Seng Tech Index closed at 5,137 points, up 28 points. Sun Hung Kai Properties rose over 7%. Sun Hung Kai Properties, Shenhua, CK ASSET, BOC HONG KONG, and TECHTRONIC IND reached new highs with active trading

00016

Hong Kong stocks rebounded after the futures settlement day, with the Hang Seng Index rising 197 points to 26,578 points in the first half of the day. In the real estate sector, Sun Hung Kai Properties rose nearly 7%, with a 17% increase in half-year underlying profit. In the technology sector, both Tencent and Meituan saw increases, rising 2.8% and 2.1% respectively. The overall market turnover was HKD 121.827 billion

SHK PPT

FI2 CSOP HSI

FI2CAMNDQ100

ISHARESHSI-U

ISHARESHSI

CSOP HS TECH

TRACKER FUND

ISHARESHSI-R

"Hong Kong Stocks" The Hang Seng Index rose 197 points in the half-day, New World Development increased nearly 7%, Tencent and Meituan performed well

Vips

Financial Analysis

$Vipshops(VIPS.US) released its Q4 2025 results on the evening of Feb 26. Despite earlier lowering guidance, the print still came in weaker: revenue slipped back into negative growth, while expense discipline kept profit growing.Specifically: 1) Core operating metrics — GMV growth stalled again this quarter, with YoY growth under 1%, missing market expectations. The drag came from another decline in active users, down Approx. 400k YoY, and a clear drop in order frequency per user, driving total orders down 5% YoY...

Vipshops

J&T EXPRESS-W

MEITUAN-WR

Meituan HK SDR 5to1

BABA-WR

Alibaba HK SDR 5to1

YieldMax BABA Option Income Strategy ETF

VIPS: Negative Growth Again? 10% Shareholder Return to the Rescue

Just bought my first Hong Kong stock, Meituan, through Stock Connect.I think Wang Xing is a tough guy who won't be knocked down.Finally got to experience Stock Connect.The overall operation was okay.Still figuring it out.Not investment advice!

Today’s Key News Recap

Feb 6 | Dolphin Research focus: 🐬 Stock 1, $BABA-W(09988.HK) Alibaba's Qwen app launched a 'Spring Festival RMB 3bn free-order' campaign today. The first wave centers on AI one-line prompts to order milk tea for free.Notably, WeChat further blocked today the promo passwords for red-envelope campaigns run by both Alibaba Qwen and Tencent Yuanbao. As a result, those keywords can no longer be copied or recognized in private or group chats.The move aims to protect WeChat's platform ecosystem and curb over-marketing that disrupts user experience. It also helps defend its social-traffic moat...

TENCENT-R

Amazon

Roblox

LI AUTO-W

Li Auto

DingDong

XPENG-W

XPeng

NIO-SW

NIO Inc. USD OV

NIO Inc

Tencent HK SDR 10to1

Alibaba Qwen's Lunar New Year free-order promo was blocked by WeChat; Nio surged after its first-ever quarterly profit | Daily News Recap

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It is terrible that silver's entire gains are wiped out. Where did the money go to?

Featured

I’m surprised to hear about the threat to $Novo Nordisk AS(NVO.US). I thought their drug would be protected by patents.

Dacai

Amzn down 10% is not a surprise with all other tech companies also falling greatly after announcing more than expected capex for 2026. US traders taking profits before tax season, people panic selling, institutions force selling to drive down the prices are what's causing this dip in the stock market. Eventually, these institutions will also be the ones buying the bottom and driving the rally once more. Investors just sit tight and dca into the stocks they have conviction and wait out.

Grab

NewUser_CkrdqW 

Current rate of return reached top 10% of users
Calculated based on  your Longbridge (Singapore) A/C

Rate Of Return

A sharp contrast between overvalued US tech stocks that we priced for perection Vs Chinese NIO that is beaten down and with lowered expectations.

LazyCat

Dividend Collector

Current rate of return reached top 30% of users
Calculated based on  your Longbridge (Singapore) A/C

Metals &amp; AMZN crash on a wild Friday. A $717M deal and Nio's profit surprise inside. Share your view &amp; earn Task Coins!

Hims & Hers Health

ETFS Capital Ltd.

ING Groep

Spotify

Hasbro

Guess

SPDR Gold Shares

iShares Silver Tr

Pro Ultr Silver

GLD SG

Qualcomm

Novo Nordisk AS

Eli Lilly

MUYUAN

HANS CNC

DISTINCT HEALTH

MONTAGE TECH

Mirae Asset Global Investments Co., Ltd.

Bio-Techne

Centene

🔥 Market Snapshot:  Metals Crash, AMZN Plunge & $717M Deal | Feb 6, 2026

GRAB - CW25

Han's CNC

Montage Technology

Did your friend make money on crypto this time?

股市江湖故事会

Nothing attracts me except, the fall in cryptocurrencies. I didn’t expect such a huge drop. Warren Buffett is probably sleeping soundly lately🤣🤣🤣. He is always a wise man.

Time is needed for precious metals to find a bottoming range for this early fourth wave. The parabolic third wave that follows market uncertainty is done IMO. Market is sorting itself out and deciding. Hence the sell off in risk on also. If capital flows back to risk on, it indicates confidence in economy and growth. If market continues selling off, recessionary fears are on the table. Stay safe!

Same here, I expected this same review

👋 Hey brilliant investors! It's Friday, and the market is telling two very different stories. While banks and semis hit new peaks, the macro and political landscape is getting more complex. Let's break it down:

Goldman Sachs

Morgan Stanley

MORGAN STANLEY DEP SHS REPS 1/1000 PFD SER 'A'

MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

MORGAN STANLEY DEP SHS REPR 1/1000TH INT PFD SER 'F' FX

🔥 U.S. Market Digest | Jan 16, 2026: Market Split - Banks & Chips Soar, While Macro Clouds Gather

HSMTUAN@EC2610A(25575.HK)

Hong Kong stocks initially fell over 580 points, oil service stocks sharply declined, Meituan continued to explore the bottom, and Xiaomi rebounded

"Hong Kong Stocks" Hang Seng Index opened down 298 points, commodity stocks declined, and Techtronic Industries fell nearly 5% after earnings

Meituan's first AI browser caught in "code plagiarism" controversy? Multiple parties respond

Dongxing Securities Co., Ltd. lists the top ten net purchases and net sales of Hong Kong stocks by southbound funds last week (table)

Data shows that the takeaway war has led to an "irreversible decline" in restaurant prices, with 80% of merchants experiencing a decline in net profits