BPBOCHK@EC2610A

TRANSTHERA-B

ASIA STRAT TECH

SUMMI

MANY IDEA CLOUD

ZHONGMIAO

SKYMISSION GP

NICHE-TECH SEMI

KFM KINGDOM

INCON

CHINA CHENGTONG

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BOC HONG KONG announced that the repayment grace period for mortgages, personal loans, and credit cards for affected customers of Hongfu Garden will be extended by six months until the end of November 2026. If customers choose the "House Swap" scheme offered by the SAR government, the mortgage terms will not be inferior to the existing conditions. The bank will also further extend the repayment grace period for mortgage loans based on customer needs and will closely liaise with the Monetary Authority and the Hong Kong Association of Banks to provide appropriate assistance

AASTOCKS

BOC HONG KONG

Huaan CSI Banks ETF

Hwabao WP CSI Banks ETF

WP CSI Banks ETF

Fullgoal CSI 800 Banks ETF

China Merchants CSI BANK AH Price ETF

ChinaAMC CSI Banks ETF

ChinaAMC SSE Financials Sector ETF Initiating Fund

China Southern CSI Banks ETF

BOC HONG KONG extends the grace period for mortgages at Hongfu Garden by 6 months

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The Hong Kong Hang Seng Index closed down 570 points at 26,059 points, the National Index fell 157 points, and the Hang Seng Tech Index dropped 148 points. Oil prices surged due to U.S. military strikes against Iran, with related stocks such as PetroChina and CNOOC rising. Airline and bank stocks were under pressure, with China Southern Airlines and China Eastern Airlines falling 8.3% and 7.9%, respectively. The market is focused on private credit, with financial stocks generally declining, and HSBC Holdings and BOC Hong Kong falling between 4.7% and 6.5%. The total market turnover was HKD 357.679 billion

Sinopec Corp.

SINOPEC CORP

PETROCHINA

SD-GOLD

Newmont

ZHONGJIN GOLD

Kinross Gold

Agnico Eagle Mines

HSBC HOLDINGS

CHINA EAST AIR

CHINA SOUTH AIR

Sprott GLD Miners Etf

SPDR O&G Ex & Prd

China Universal CSI Oil & Gas Resources ETF

iShares US Oil & Gas Expl & Prod

iShares Gold Trust Micro ETF

SPDR GOLD TRT

iShares MSCI Global Gold Miners

Sprott JR Gold Miners ETF

Us Gbl GLD & Met

Abrdn Gold ETF Trust

SPDR Gold Minishares

VALUEGOLD ETF

Us Global Jets

SPDR Gold Shares

Roundhill Gold Miners Weeklypay ETF

iShares Gold Trust

VanEck Junior Gold Miners ETF

Bosera CSI Oil & Gas Resources Index ETF

HS GOLD ETF

"Hong Kong Stocks" The Hang Seng Index closed down 570 points, oil and gold stocks rose, while airline and bank stocks were under pressure

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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

MEITUAN

Hang Seng Composite Index

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

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S&P reports that Hong Kong lenders may face "more collateral pain" as the commercial property market stabilizes, with office rents projected to fall by 1% and retail by 2% in 2025. Despite signs of stabilization, S&P warns it is too early to declare a market bottom, citing ample office supply and competition. The report anticipates further declines in commercial real estate loans in 2026, although Hong Kong's banking system is expected to remain resilient even under severe collateral value discounts, thanks to reduced exposure and strong earnings. However, small banks with high exposure to non-prime properties may face vulnerabilities.

- An S&P report indicates that Hong Kong lenders will face increased collateral pain as the commercial property market shows signs of stabilization, with moderate rent declines in 2025.  
- Despite expectations of continued downturn in commercial real estate loans in 2026, S&P believes the banking system will remain resilient due to measures taken in recent years to reduce exposure and maintain solid earnings.  
- However, small banks with high exposure to non-prime properties are identified as vulnerable and require close monitoring amid the overall strength of the system.

FiNews

HANG SENG BANK

FI2 CSOP HSI

ICBC

BANKCOMM

STANCHART

S&P: «More Collateral Pain is Likely» for Hong Kong

Hong Kong Banks' Capitalization to Remain Strong Despite Extreme Property Sector Shocks, S&P Says

marketscreener

Hong Kong Banks' Capitalization to Remain Strong Despite Extreme Property Sector Shocks, S&P Says

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The Hang Seng Index closed at 26,656 points, down 109 points or 0.4%; the Hang Seng Tech Index reported 5,171 points, down 89 points or 1.7%. Ping An fell over 3%, while heavyweight stocks such as Alibaba, MEITUAN, Hong Kong Stock Exchange, and Tencent all experienced declines. CKI Holdings, Power Assets, BOC HONG KONG, HSBC, and TINGYI reached new highs

TINGYI

PING AN

CKI HOLDINGS

Ping An

TENCENT

Ping An Insurance

The "Half-Day Express" reported that the Hang Seng Index closed at 26,656 points, down 109 points; the Hang Seng Tech Index closed at 5,171 points, down 89 points. Ping An fell over 3%, while CK Hutchison, Power Assets, BOC Hong Kong, HSBC, and TINGYI reached new highs

HSBC Research raised the target price for BOC HONG KONG to HKD 49, maintaining a "Buy" rating, and expects to benefit from Chinese enterprises going abroad and local wealth effects. The Hong Kong stock and property market is large, which is expected to drive bank loan growth and deposit inflows. HSBC anticipates an 11.8% growth in Hong Kong's banking deposits by 2025 and has raised the compound annual growth rate forecast for BOC HONG KONG's deposits and interest-earning assets for 2025 to 2027

The report from "The Big Bank" raises the target price for BOC HONG KONG to HKD 49, expecting to benefit from Chinese companies going abroad and local wealth effects

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Sun Yu, Vice Chairman and President of BOC Hong Kong, welcomed the new "Fiscal Budget" and believed that the measures in the budget would promote financial services to the real economy and advantageous industries, attract international funds, enhance market liquidity, and consolidate Hong Kong's position as a hub between the mainland and international markets. The budget will also support mainland enterprises in expanding overseas markets, promote high-quality economic growth in Hong Kong, and increase investment in the Northern Metropolis construction to meet diversified financial service needs, bringing new growth opportunities for the banking industry

TRACKER FUND

China Southern Hang Seng ETF

GF Fund CSI HK Connect Financials(ex Banks) Thematic ETF

E Fund CSI 300 Financials (ex Banks) ETF

CSOP HSI ETF

Guotai CSI All Share Investment Banking & Brokerage ETF

ChinaAMC Hang Seng ETF

Hang Seng Index

ISHARESHSI

BOCOM INTL

Hwabao WP CSI All Share Investment Banking & Brokerage ETF

Yinhua CSI All Share Investment Banking & Brokerage ETF

BOC Hong Kong: The budget proposal helps promote better financial services for the real economy and advantageous industries

HSBC

HSBA

Indonesia has appointed Bank of China (Hong Kong), Deutsche Bank, and HSBC as joint lead managers for upcoming euro and offshore yuan bond offerings. Each offering will consist of three tranches, with details on size, pricing, and maturities yet to be disclosed. Global investor calls are scheduled, with potential issuance as early as Wednesday. The offshore yuan bonds are expected in three, five, and ten-year tranches, while the euro bonds will be in eight, twelve, and twenty-year tranches, rated Baa2, BBB, and BBB by Moody’s, S&P, and Fitch.

- Indonesia has appointed Bank of China (Hong Kong), Deutsche Bank, and HSBC as joint lead managers for upcoming euro-denominated and offshore yuan bond offerings.  
- The offerings consist of three tranches each, with the offshore yuan bonds potentially structured in three, five, and ten-year terms, and euro bonds in eight, twelve, and twenty-year terms.  
- The bonds are anticipated to receive ratings of Baa2, BBB, and BBB from Moody’s, S&P, and Fitch, with final size and pricing details yet to be disclosed.

Reuters

Deutsche Bank AG

HSBC Holdings Plc

Indonesia names banks for planned euro and offshore yuan bond offers, documents show

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Friedrich raised the rating of Hong Kong Exchanges and Clearing to "Buy," with the target price increased from HKD 373.94 to HKD 502. The outlook for Hong Kong financial stocks is optimistic due to an active IPO market and a recovery in the residential market. BOC HONG KONG and BANK OF E ASIA maintained a "Hold" rating, with target prices raised from HKD 31 to HKD 48 and from HKD 12 to HKD 16, respectively. Friedrich believes that the peak of non-performing loans has passed, credit costs remain high, but there are trading opportunities

BANK OF E ASIA

Hong Kong Exchanges and Clearing (HKEX)

HKEX

Credit Suisse upgraded HKEX rating to "Buy" and raised target price for Bank of East Asia and BOC Hong Kong

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Thousands of Hong Kong bank employees are receiving bonuses and extra benefits as they return to work, with Bank of China (HK) giving HK$500 and HSBC distributing HK$500 to its staff. ZA Bank stands out by offering HK$1,000 plus a HK$10,000 bonus and an extra day off. Citigroup pays HK$800 to its employees, reflecting a 20% increase in bonuses this year. The initiatives are part of a tradition to reward staff during the Lunar New Year, symbolizing appreciation and optimism for the year ahead.

- Thousands of Hong Kong bank employees are set to receive a return-to-work lai see, with some banks offering additional benefits amid improved economic sentiment.  
- Bank of China (Hong Kong) and HSBC are each distributing HK$500, while ZA Bank is the most generous, providing HK$1,000 along with a HK$10,000 bonus after achieving significant customer growth.  
- Citigroup follows with an HK$800 lai see and emphasizes plans for AI innovation and sustainable growth in the coming year.

SCMP

Bank Of China

BANK OF CHINA

HK$10,000 bonus, extra day off: Hong Kong banks reward staff returning to work

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Hong Kong banks, including HSBC and Bank of China (Hong Kong), are continuing the Lunar New Year tradition by distributing millions in red packet money to staff. HSBC is giving out HK$13 million ($1.7 million) to nearly 26,000 employees, while Bank of China (Hong Kong) is providing HK$500 to each of its 15,000 staff along with gift hampers. HSBC's CEO, Maggie Ng, expressed optimism for the upcoming year, highlighting the qualities of vitality and success associated with the Year of the Horse.

- Lenders in Hong Kong are continuing the Lunar New Year tradition by distributing red packet money to employees, with HSBC and Hang Seng contributing HK$13 million to 26,000 staff.  
- Bank of China (Hong Kong) is also participating, giving HK$500 and gift hampers to its 15,000 employees.  
- This practice reflects the cultural significance of the New Year and aims to energize staff for the upcoming year.

HSBC Holdings plc ADRhedged

Bank of China

ZYBANK

Hong Kong Banks Gift Millions in Red Packet Money to Staff

Recently, Unisound could be good one moment and crash the next. The AI sector's volatility is too much for those with weak hearts. ZhongAn Online is also hard to describe, breaking support with high valuation, shaking some faith. In the tungsten sector, JiaXin soared like a rocket then plunged. The resource logic still holds, but one can't help suspecting it's just short-term speculation. Bank of China (Hong Kong) is rock solid, those who missed the boat dare not chase, those holding on struggle to keep holding. APT Satellite's &#34;strong buy&#34; signal was loud, but it still ended in the red, teaching the technical traders a lesson. The market is too emotional now, I still prefer to stay conservative and watch, less action.

ZA ONLINE

BOC HONG KONG-R

APT SATELLITE

UNISOUND

BPBOCHK@EC2610A(26613.HK)

BOC HONG KONG extends the grace period for mortgages at Hongfu Garden by 6 months

"Hong Kong Stocks" The Hang Seng Index closed down 570 points, oil and gold stocks rose, while airline and bank stocks were under pressure

S&P: «More Collateral Pain is Likely» for Hong Kong

Hong Kong Banks' Capitalization to Remain Strong Despite Extreme Property Sector Shocks, S&P Says