SG-YOFC@EC2609B

LEOCH INT'L

METASPACEX

TRANSTECH

EXTREME VISION

RUICHANG INTL

GOLDEN FAITH GP

FOURSEMI

NANFANG COMM

GOLDENPOWER

ASIAPAC FIN INV

KBAB

BABX

01810

09988

06869

00883

00700

02513

09992

On April 2, all three major Hong Kong stock indices weakened intraday, with the HSI falling 1.01%, failing to return to the previous trading day's high. Hardware, retail, and internet content sectors declined across the board, led by leading stocks like Xiaomi Group, Alibaba, and Tencent Holdings. Market turnover was active, while YOFC and GEELY AUTO stood out by bucking the trend. Investors are focusing on changes in market volume and macroeconomic recovery guidance

- On April 2, 2026, Hong Kong's three major indices declined, reflecting cautious market sentiment.  
- The Hang Seng Index fell 1.01% to 25,037.41, unable to surpass its previous high, while the tech sector led the losses with Tencent dropping 1.33%.  
- Market participants are closely monitoring upcoming economic data to gauge recovery prospects, amidst a strong US dollar affecting performance.

Market Heartbeat

KraneShares 2x Long BABA Daily ETF

BABA 2x Long Daily ETF - GraniteShares

XIAOMI-W

BABA-W

GEELY AUTO

YOFC

CNOOC

SHANDONG MOLONG

TENCENT

MEITUAN

KNOWLEDGE ATLAS

POP MART

BYD COMPANY

Tencent Holdings Limited

Tencent

Xiaomi Corporation

Alibaba

Hong Kong Stocks Intraday | Three Major Indices Collectively Weaken, Hardware and Retail Slump, XIAOMI-W Drops 3.87%

515880

601869

159583

603042

000586

688313

300620

688618

Fiber optic concept stocks show recurring activity, with HYC hitting the daily limit, AFR rising over 8%, and Shijia Photons, 3ONEDATA, YOFC, and NanjingHuamai Technology gaining more than 5%

Wallstreetcn

Guotai CSI All Share Communications Equipment ETF

Fullgoal CSI Communication Equipment Thematic ETF

NanjingHuamai Technology

Shijia Photons

3ONEDATA

UBS analyst has reiterated a Buy rating on Yangtze Optical Fibre and Cable Joint Stock Co (YZOFF) with a price target of HK$290.00. Additionally, TipRanks also issued a Buy recommendation for the company. However, DBS maintained a Hold rating on the same day.

Tip Ranks

C FIBER OPTIC-D

Yangtze Optical Fibre and Cable Joint Stock Co (YZOFF): New Buy Recommendation for This Technology Giant

03088

03033

513180

On April 1st, Hong Kong stocks rose across the board, with the Hang Seng Index closing up 2.04% at 25,294.03 points, and the Tech Index rising 2.29%. The internet and retail sectors led the gains, with Tencent and Alibaba making significant contributions, while popular stock KNOWLEDGE ATLAS surged over 31%. The market was buoyed by positive macro data and AI innovation, with active trading, but high-level pressure still needs attention

- On April 1, Hong Kong's three major stock indices rose as risk appetite improved, with the Hang Seng Index closing at 25,294.03, up 2.04%.  
- The technology and internet sectors performed well, benefiting from AI advancements, while the oil and gas sector faced losses due to falling international oil prices.  
- Market focus remains on economic data and potential policy shifts, influencing stock performance and investor sentiment.

CAM HS TECH

CSOP HS TECH

ChinaAMC Hang Seng Technology ETF(QDII)

GX HS TECH

Hang Seng TECH Index

ISHARESHSTECH

HSTECH ETF

Tianhong Hang Seng TECH ETF(QDII)

Hang Seng TECH ETF I

ZIJIN MINING

Hang Seng Index

China Southern Hang Seng ETF

ISHARESHSI

Huatai-PB CSOP Hang Seng Technology ETF(QDII)

Hong Kong stocks close | Hang Seng Index rises 2.04%, KNOWLEDGE ATLAS surges 31.94% to lead

513130

01070

EBIZ

03692

On April 1, the Hong Kong stock market saw a collective rise in major indices during intraday trading, with the Hang Seng Index up 2.39% and the Hang Seng Tech Index up 2.64%. The internet content and retail sectors performed strongly, with leading stocks such as Tencent Holdings and Alibaba-W significantly boosting market sentiment. The oil and gas sector, influenced by international oil prices, saw a contrarian pullback. Individual stocks like TCL ELECTRONICS and HANSOH PHARMA were active with robust trading volumes, while the market is closely watching macroeconomic data and changes in consumer confidence

- At midday on April 1, Hong Kong stocks rose, with the Hang Seng Index up 2.39% to 25,379.55 points, though it remains below recent highs.  
- The market observed significant movements in innovative sectors, with notable gains from companies such as Zhiyuan and TCL Electronics, while the energy sector faced pressure, highlighted by a drop in CNOOC shares.  
- Investor focus is shifting towards macroeconomic indicators like manufacturing PMI and unemployment rates amidst ongoing fluctuations in exports and trade.

TCL ELECTRONICS

Global X E-commerce ETF

VanEck Retail ETF

CI-LEAP@EC2612A

LEAPMOTOR

WUXI APPTEC

SUN HUNG KAI CO

HANSOH PHARMA

E Fund CSI HK Connect Internet ETF

SPDR S&P Retail ETF

Hong Kong Stocks Intraday | Hang Seng Index Rises 2.39%, Internet Retail Strong

00300

01209

06936

02388

03986

00100

00501

06809

HANSOH PHARMA(03692) rose 7.26%, with a trading turnover 668.0 Million HKD, and a year-to-date fell 1.7%. MIDEA GROUP(00300) rose 6.82%, with a trading turnover 966.5 Million HKD, and a year-to-date fell 1.4%. GIGADEVICE(03986) fell 8.34%, with a trading turnover 357.4 Million HKD, and a year-to-date rose 111.7%. MINIMAX-W(00100) fell 8.33%, with a trading turnover 1.2 Billion HKD, and a year-to-date rose 463.3%.

Top Gainers & Losers

MIDEA GROUP

CHINA RES MIXC

SF HOLDING

BOC HONG KONG

GIGADEVICE

MINIMAX-W

OMNIVISION

MONTAGE TECH

Top 5 HK Stock Gainers/Losers (>100B) (3.31)

00020

01024

89888

00467

On March 31, the three major Hong Kong stock indices collectively closed lower. Market sentiment was significantly pressured by macroeconomic data fluctuations and external environmental factors, with the Hang Seng Tech Index plunging to a near two-week low. The market displayed a clear characteristic of "heavyweight retreat, thematic activity": influenced by oil price volatility and performance expectations, the oil and gas sector and leaders such as YOFC were among the top decliners, while heavyweight tech stocks like Tencent, BABA-W, and Xiaomi also generally weakened. Overall, the market lacks upward momentum in the short term, and investors are focusing on sector rotation and structural opportunities guided by macroeconomic indicators

- On March 31, Hong Kong's three major indices fell collectively, with the Hang Seng Index closing at 24,788.14, showing a slight increase of 0.15%.  
- The Hang Seng Tech Index plummeted 0.86% to 4,649.82, reaching a near two-week low due to negative sentiment in the tech sector, while the China Enterprises Index dropped 0.30%.  
- Key stocks like Tencent and Baidu showed minor gains, but major declines were observed in stocks such as Xiaomi and Alibaba, confirming market pressures amidst external economic fluctuations.

LB Select

SENSETIME-W

KUAISHOU-W

BIDU-SWR

UNITEDENERGY GP

SYNAGISTICS

SEYOND

PATEO

CMON

C TRANSMISSION

RONGZUN INT’L H

SMIC

Hong Kong Stock Market Closing | Three Major Indices Underperform, Tech and Oil/Gas Sectors Slump, Small-Cap Thematic Stocks Explode Against the Trend

YOFC announced its full-year results for the year ending December 2025, with revenue of RMB 14.252 billion, a year-on-year increase of approximately 16.8%; net profit of RMB 813 million, a year-on-year increase of approximately 20.4%. The gross profit margin rose to 30.7%, with overseas market revenue increasing by approximately 47.8%. The board of directors proposed a final dividend of RMB 0.295 per share

Tasty Money

YOFC (6869) earned 20% more last year

As of noon, the three major Hong Kong stock market indices collectively declined significantly, with the Hang Seng Tech Index leading the drop by nearly 1%, reflecting cautious market sentiment and low risk appetite. On the sector front, heavyweight stocks suffered heavy losses, with internet services and fiber optic cable sectors performing poorly. Tencent Holdings experienced volatility, dropping over 0.08%, influenced by reduced buyback activity and substantial short selling. Industry leaders such as Alibaba, YOFC, and BYD Electronic also saw significant pullbacks. Amid pressure on mainstream sectors, market funds exhibited distinct structural arbitrage, shifting towards small-cap themes and emerging economy stocks, with CMON, CH RENEW EN INV, and J&T EXPRESS-W rising sharply against the trend. At the macroeconomic level, investors are closely watching the long-term impact of trade data on industry differentiation. Overall, the current Hong Kong stock market is characterized by intense competition within existing capital pools, displaying a clear pattern of "pressure on leaders, activity in themes."

- As of midday, Hong Kong's three major indices saw significant declines, indicating pressured market sentiment.  
- The Hang Seng Index closed at 24,624.55, down 0.51%, while the Hang Seng Tech Index and the State-owned Enterprises Index fell 0.94% and 0.84% respectively, reflecting overall weaknesses in the market.  
- Investor attention is heavily focused on macro data affecting trade and capital movement, leading to a generally cautious outlook amidst noticeable sector rotation.

BYD ELECTRONIC

CH RENEW EN INV

J&T EXPRESS-W

ZIJIN GOLD INTL

Hong Kong Stocks Midday Review | Hang Seng Index Drops 0.51% Below 25,000 Points, Tech and Fiber Optic Cable Sectors Plunge, CMON Surges Intraday

Today, Hong Kong's three major indices collectively trended lower, with market sentiment significantly pressured by the external environment and policy changes; the Hang Seng TECH Index retreated by nearly 0.5%. On the market front, the oil and gas sector fell across the board due to international oil price fluctuations, with CNOOC and UNITEDENERGY GP leading the declines. Internet giants diverged; while TENCENT rose slightly, its intraday short-selling turnover exceeded HK$3 billion, indicating intense long-short contention. Meanwhile, the market showed clear structural opportunities, with retailers and the AI sector performing actively. JST GROUP, COWELL, and other stocks surged significantly, while Asymchem jumped 12% against the trend, bolstered by strong earnings and dividend plans. Overall, competition among existing funds within the market intensified, and investor caution remained high, with capital flows tilting toward high-performance stocks and those supported by buybacks

- Hong Kong's major indices experienced significant adjustments, with the Hang Seng Index at 24,719.62, down 0.13%.  
- The oil and gas sector faced notable declines, influenced by international oil price fluctuations, while retail stocks showed volatility with significant gains for some companies.  
- Market sentiment remains cautious amid concerns over liquidity and external economic conditions, suggesting differentiated risk preferences and structural opportunities.

PHANCY

HORIZONROBOT-W

JST GROUP

COWELL

Asymchem

Hong Kong Stocks Intraday | Hong Kong's Three Major Indices Fall Across the Board: TENCENT Edges Up Against the Trend Amid Divergence, Oil and Gas Sector Plunges to Lead the Decline

02600

02338

09926

02714

06690

02333

01171

YOFC(06869) rose 14.34%, with a trading turnover 6.7 Billion HKD, and a year-to-date rose 281%. KNOWLEDGE ATLAS(02513) rose 9.81%, with a trading turnover 1.3 Billion HKD, and a year-to-date rose 531.2%. MONTAGE TECH(06809) fell 6.88%, with a trading turnover 230.6 Million HKD, and a year-to-date rose 54.5%. MUYUAN(02714) fell 6.04%, with a trading turnover 289.6 Million HKD, and a year-to-date fell 0.3%.

CHALCO

WEICHAI POWER

AKESO

MUYUAN

HAIER SMARTHOME

GWMOTOR

YANKUANG ENERGY

Top 5 HK Stock Gainers/Losers (>100B) (3.30)

02139

02629

02068

06693

03939

01866

06699

BANK OF GANSU(02139) rose 27.45%, with a trading turnover 16.7 Million HKD, and a year-to-date rose 33.2%. MIRXES-B(02629) rose 23.69%, with a trading turnover 992.2 Million HKD, and a year-to-date fell 64.7%. CHALIECO(02068) rose 22.54%, with a trading turnover 435.1 Million HKD, and a year-to-date rose 18.2%.

BANK OF GANSU

MIRXES-B

CHALIECO

CHIFENG GOLD

WANGUO GOLD GP

CHINA XLX FERT

ANGELALIGN

Top 10 HK Stock Gainers (3.30)

600988

600547

300900

518850

36Kr learned that the three major A-share indices closed mixed, with the Shanghai Composite Index rising by 0.24%, the Shenzhen Component Index falling by 0.25%, and the ChiNext Index dropping by 0.68%; the communication equipment, aerospace and military, and precious metals sectors led the gains, with YOFC and GLAVI hitting the daily limit, and CHIFENG GOLD rising over 7%; the power, engineering machinery, and insurance sectors saw the largest declines, with South Network Energy falling over 6%, and SANY Heavy Industry and China Life Insurance dropping over 1%

36Kr

SD-GOLD

GLAVI

ChinaAMC Gold ETF

The three major A-share indices closed mixed, with the communication equipment sector leading the gains

YOFC rose 15.21%; BYD Electronics fell 1.57%, with a transaction amount of HKD 522 million; ZTE Corporation fell 1.25%, with a transaction amount of HKD 133 million; Cambridge Technology rose 2.03%, with a transaction amount of HKD 86.37 million; Feisuke Innovation fell 3.87%, with a market value of 17,688,000,000

HK Stock Movers Tracker

Hong Kong Stock Movement: YOFC's Performance Increased by 15.21%! Strong Demand for Optical Fibers Boosts Stock Price

03858

03696

As of midday March 30, 2026, the three major Hong Kong stock market indices were collectively under pressure, with the Hang Seng Index falling 0.93% and the Hang Seng Tech Index down 1.70%. The Internet Content and Information sector and the Retailers sector generally weakened, led by blue-chip stocks such as Tencent Holdings and Alibaba. Despite rising market caution, POP MART rose against the trend by 2.01%, and resource-related stocks like C&C International Resources and Chalco Shandong performed strongly. Overall trading volume was concentrated in blue-chip stocks, and further attention needs to be paid to whether the trading volume can support a test of previous highs

- As of March 30, 2026, Hong Kong's three major stock indices are facing pressure, with the Hang Seng Index down 0.93% to 24,719.2 points.  
- Market sentiment is cautious, particularly in the internet content and retail sectors, with significant declines for major companies like Tencent and Alibaba.  
- Resource stocks have attracted investor interest, showing resilience amidst a broader market downturn, as seen in the performance of stocks like Jiexin International Resources and Pop Mart.

Hong Kong Stocks Midday Review: Hang Seng Index Down 0.93%, Tech Stocks Weak; POP MART Rises Against Trend by 2.01%

SG-YOFC@EC2609B(27293.HK)

SG-YOFC@EC2609B Stock Performance Chart

Hong Kong Stocks Intraday | Three Major Indices Collectively Weaken, Hardware and Retail Slump, XIAOMI-W Drops 3.87%

Fiber optic concept stocks show recurring activity, with HYC hitting the daily limit, AFR rising over 8%, and Shijia Photons, 3ONEDATA, YOFC, and NanjingHuamai Technology gaining more than 5%

Yangtze Optical Fibre and Cable Joint Stock Co (YZOFF): New Buy Recommendation for This Technology Giant

Hong Kong stocks close | Hang Seng Index rises 2.04%, KNOWLEDGE ATLAS surges 31.94% to lead

Hong Kong Stocks Intraday | Hang Seng Index Rises 2.39%, Internet Retail Strong