CI#HSI RP2811T

Hang Seng Index Futures Night Session Closes Up 0.13% at 25956.90

April Futures Night Market Slightly Soft

April and May Futures Settlement Prices Down

CITIC Securities: Updated Data on Hang Seng Bull and Bear Warrant Street Positions

HKF Futures Night Session Closes Down 0.36%

Futures Night Market Trading Down

Hang Seng Index Futures (March) Up 62 Points

HSI futures open up 3.22% at 25895.26

China Hong Kong's March S&P Global Manufacturing PMI at 49.3

HSI Night Futures Close at 25233 Points, Up 145 Points

April Futures Night Market Down 41 Points, 70 Points Below Fair Value

HSI Futures Open Down 0.14% at 25,263 Points

WisdomTree Finance: Hang Seng Index Night Futures Market Performance

HSIF opens up 2.27% in morning session

CITIC Securities: Latest Bull and Bear Position Distribution of Hang Seng Index

HSI futures night session closes up 1.76% at 25191

Night-time Futures Index Rises 245 Points to 25000

HSI Night Index Futures Quote Rises by 13 Points

March and April Futures Close Lower

Hang Seng Index Futures Opens Down 1.46% in Day Session

CH FRONTIER TEC

SOMERLEY CAP

DEEPEXI TECH

CHINA FORTUNE

WANJIA GROUP

LUXXU GROUP

GUOTAI JUNAN I

MOG DIGITECH

GOLDSTONE CAP

XINJI SHAXI

MCHI

.HXC

00HSI

07300

07200

513600

07500

03037

DRAG

02800

159920

03115

China's tightening oversight of red-chip structures, commonly used by internet companies for foreign investment, is reshaping the Hong Kong IPO landscape. Regulators are encouraging firms to unwind these structures or justify their necessity, leading to a significant drop in approvals for red-chip listings. The process of dismantling these structures is complex and costly, potentially dampening foreign investor interest and raising financing costs for Chinese companies. This shift introduces additional uncertainty to the IPO pipeline, particularly for tech firms reliant on variable interest entity (VIE) structures.

SCMP

iShares MSCI China

NASDAQ Golden Dragon China Index

Hang Seng Index

FI CSOP HSI

FL2 CSOP HSI

China Southern Hang Seng ETF

FI2 CSOP HSI

CSOP HSI ETF

Roundhill China Dragons ETF

TRACKER FUND

ChinaAMC Hang Seng ETF

ISHARESHSI

Invesco Golden Dragon China

What does China’s tightening grip on red-chip structures mean for IPOs?

00293

00005

The Hong Kong stock ADR is expected to open 12 points lower on Monday, reporting at 25,881 points. The relative stock prices of major companies' ADRs and the premium situation of Hong Kong stocks to ADRs are as follows: CK Hutchison Holdings at HKD 63.7 (premium 0.63%), CLP Holdings at HKD 75.374 (premium -0.83%), HK & China Gas at HKD 7.13 (premium 2.24%), Wharf Real Estate Investment Company at HKD 21.547 (premium 1.08%), HSBC Holdings at HKD 141.44 (premium -1.23%), Power Assets at HKD 64.217 (premium 1.06%), PCCW at HKD 5.986 (premium 0.23%), Henderson Land Development at HKD 30.4 (premium 1.12%), SHK PPT at HKD 140.092 (premium -0.99%), NEW WORLD DEV at HKD 7.745 (premium 15.56%), Swire Pacific A at HKD 87.989 (premium 0.24%), Bank of E Asia at HKD 14.213 (premium -2.20%), GALAXY ENT at HKD 34.522 (premium 1.85%), HANG LUNG GROUP at HKD 9.155 (premium 1.58%), Geely Automobile at HKD 19.137 (premium 30.53%), CITIC Limited at HKD 12.536 (premium 0.83%), CATHAY PAC AIR at HKD 11.792 (premium -0.02%)

AASTOCKS

CATHAY PAC AIR

HSBC HOLDINGS

NEW WORLD DEV

POWER ASSETS

SWIRE PACIFIC B

SWIRE PACIFIC A

HK & CHINA GAS

SHK PPT

BANK OF E ASIA

CLP HOLDINGS

PCCW

GALAXY ENT

HANG LUNG GROUP

The Hong Kong stock ADR is expected to open 12 points lower on the Hang Seng Index next Monday, reporting at 25,881 points

STECH

03067

03032

02837

03088

03033

Hang Seng Index futures closed up 0.16% overnight at 25964 points. Hang Seng TECH Index futures closed up 0.21% overnight at 4879 points

Wallstreetcn

Hang Seng TECH Index

ISHARESHSTECH

HSTECH ETF

GX HS TECH

CAM HS TECH

CSOP HS TECH

000300

0HSCI

399001

000001

Li Qiang presided over a symposium on the economic situation with experts and entrepreneurs, listening to opinions and suggestions on the current economic situation and the next steps of economic work. Participants believed that the first quarter saw a good start for the economy, with some indicators exceeding expectations. Despite challenges from external shocks, macro policies have effectively responded, and new drivers for high-quality development are continuously strengthening. Participants offered suggestions for enhancing economic resilience, consolidating the foundation for development, and promoting sustained economic improvement

- On April 10, Premier Li Qiang chaired a meeting with economic experts and entrepreneurs to discuss the current economic situation and future actions.  
- Li emphasized the importance of implementing central policies effectively to maintain economic stability and enhance the benefits for citizens.  
- He highlighted the need to improve macro policy efficiency, promote quality service industry growth, and support employment and income increase for urban and rural residents.

CSI 300

Hang Seng Composite Index

Shenzhen Index

SSE Index

Li Qiang chairs symposium on economic situation with experts and entrepreneurs

Ceasefire Prospects Lift Asian Stock Markets

marketscreener

Ceasefire Prospects Lift Asian Stock Markets

03750

300750

00700

TCEHY

TCTZF

In March, the PPI in mainland China rose by 0.5% year-on-year, ending a decline of over three years, and Hong Kong stocks rose today. The Hang Seng Index opened up 139 points, reached a maximum increase of 321 points, and closed at 25,893 points, up 141 points or 0.6%. The market is focused on the ceasefire negotiations between the U.S. and Iran and the situation in the Middle East, with the CPI rising by 1% year-on-year. Southbound funds had a net outflow of 2.815 billion yuan, and technology stocks like Tencent fell by 0.8%

CATL

TENCENT

Tencent

Tencent Holdings Limited

"Market Review" Mainland PPI ends over three years of decline, Hang Seng Index rises, CATL rebounds 9%

The latest Easy Property Price Index is reported at 118.37 points, up 0.31% week-on-week, marking four consecutive weeks of increase, with an overall price increase of 3.12%. The performance in Hong Kong Island and the eastern New Territories is relatively strong, rising by 2.35% and 2.06% respectively; while Kowloon and the western New Territories saw declines of 0.51% and 0.36% respectively. The rental index slightly increased by 0.03%, maintaining overall stability. Looking ahead, the trends in property prices and rents will be influenced by developers' pace of launching new projects and pricing strategies, and will continue to fluctuate in the short term

The "Hong Kong Property" Easy Property Price Index rose by 0.31% week-on-week, marking four consecutive weeks of increase, with a cumulative rise of 3.12% so far this year

BABA

The Hang Seng Index closed at 25,893 points, up 141 points or 0.5%. The Hang Seng TECH Index reported 4,860 points, up 38 points or 0.8%. The total market turnover was HKD 246.317 billion. Among the actively traded heavyweights, Alibaba rose 2.1%, while Xiaomi fell 1.5%. Contemporary Amperex Technology Co., Ltd. rose over 9%, while WH Group, Geely, Zhongchuang Innovation, XunCe, and ANGELALIGN reached new highs

Alibaba

ANGELALIGN

Hang Seng TECH ETF I

BABA 2x Long Daily ETF - GraniteShares

ChinaAMC Hang Seng Technology ETF(QDII)

Dacheng Hang Seng Technology ETF(QDII)

Tianhong Hang Seng TECH ETF(QDII)

The Hong Kong Index closed at 25,893 points, up 141 points; the Hang Seng TECH Index closed at 4,860 points, up 38 points. Contemporary Amperex Technology Co., Limited rose over 9%. WH Group, Geely, Zhongchuang Innovation, XunCe, and ANGELALIGN reached new highs with active trading

The Central Plains City Leading Index (CCL) latest reported at 153.68 points, rising for 2 consecutive weeks with a total increase of 1.86%, reaching a new high in nearly two and a half years. The overall atmosphere of the property market is thriving, with banks launching fixed-rate mortgage plans to attract buyers, leading to active secondary market transactions and stimulating a continuous rise in property prices. The CCL broke through 152 points last week and has further surpassed 153 points this week, with the target of 156 points within reach. The CCL Mass reported at 154.84 points, increasing by 0.66% week-on-week

Zhongyuan CCL reported 153.68 points, rising for 2 consecutive weeks with a total increase of 1.86%, reaching a new high in nearly two and a half years

HSCCI

Asian stocks head for best week since late 2011; eyes on US-Iran ceasefire talks

Hang Seng China-Affiliated Corporations Index

Asian stocks head for best week since late 2011; eyes on US-Iran ceasefire talks

China, Hong Kong stocks gain on signs of end to industrial deflation

China, Hong Kong stocks gain on signs of end to industrial deflation

02650

Zhida Technology Joins Hang Seng Index

ZHIDA TECH

Zhida Technology Joins Hang Seng Index

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06869

601869

Hong Kong stocks rose and fell this morning, with the Hang Seng Index closing at 25,907 points at noon, up 155 points or 0.6%. Alibaba's stock price rose 2.8% to HKD 126.4, while Tencent's stock price fell 0.7%. Longbridge's stock price plummeted 9.9%. The total turnover of the market for half a day was HKD 124.748 billion. International oil prices narrowed their gains, and CNOOC fell 0.8%. Nio's stock price dropped 5.8%, and Morgan Stanley indicated that its stock price has risen a cumulative 36%

BABA-W

YOFC

"Hong Kong Stocks" The Hang Seng Index rose 155 points in the half-day session, Alibaba increased by 2.8%, and YOFC dropped by 10%

$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

CSOP A50 ETF-R

CSOP A50 ETF

XI2CSOPHSTECH

XL2CSOPHSTECH

GEELY AUTO

POP MART

Li Auto

TENCENT-R

Tencent HK SDR 10to1

GEELY AUTO-R

GEELY AUTOMOBILE HOLDINGS LIMITED SPON ADS EACH REP 20 ORD

POP MART HK SDR 20to1

BABA-WR

Alibaba HK SDR 5to1

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 RP2811T(54932.HK)

CI#HSI RP2811T Stock Performance Chart

What does China’s tightening grip on red-chip structures mean for IPOs?

The Hong Kong stock ADR is expected to open 12 points lower on the Hang Seng Index next Monday, reporting at 25,881 points

Hang Seng Index futures closed up 0.16% overnight at 25964 points. Hang Seng TECH Index futures closed up 0.21% overnight at 4879 points

Li Qiang chairs symposium on economic situation with experts and entrepreneurs

Ceasefire Prospects Lift Asian Stock Markets