CT#HSI RP2802U

Hong Kong Stock Market Stamp Duty Boosts Government Revenue, 2026 Budget Forecast Shows Little Increase

Government Announces Budget Forecasting Surplus from 2026/27 Fiscal Year Onwards

Hong Kong Increases Stamp Duty on Residential Properties Over HKD 100 Million

Financial Secretary Paul Chan's Budget Speech Predicts HK Economic Growth

Hang Seng Index Futures Closed on February 25th

HSI Futures, HKC Futures, and H shares Index Futures Open Lower than Spot Prices

LJ Group Analyzes Hong Kong Private Housing Construction and Completion

HANG SENG Index Bull and Bear Warrant Ratio and Quantity Updates

Hang Seng Index Futures Night Session Down 0.75%

HSI Night Index Futures Quotation Up 43 Points

Futures Open Higher Than Spot Prices

Hang Seng Index Futures Open 1.52% Higher at 26,787.44

Significant Rise in Singapore Black Index and Overnight Futures

Hong Kong Monetary Authority's Assessment and Outlook of Hong Kong's Economy

Hang Seng Index Night Futures (February) Up 38 Points

HSI Futures Midday Decline Expands to 1%

Hong Kong Futures Open Up 0.05% at 26820 Points

HSI Ends Two-Day Losing Streak, Rises by Nearly 140 Points

HSI Futures Night Session Closed Up 1.04% at 26,778.91

HKMA Injects HKD 4.73 Billion in Liquidity

HKC INT'L RTS

TIANBAO ENERGY

SUMMI

HANG YICK RTS

UNI PRINTSHOP

CHERISH SUN

NE ELECTRIC

SINO GAS HLDGS

MANY IDEA CLOUD

CREATIVE CHINA

00HSI

Hong Kong January headline CPI +1.1% from year earlier

marketscreener

Hang Seng Index

Hong Kong January headline CPI +1.1% from year earlier

Hong Kong January underlying CPI +1.0% from year earlier

Hong Kong January underlying CPI +1.0% from year earlier

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Hong Kong stocks rose due to the rebound in U.S. stocks, with the Hang Seng Index closing up 175 points at 26,765 points. HSBC's stock price rose 5.5% after its earnings report, closing at HKD 142.7. The National Index and the Hang Seng Tech Index rose by 26 points and fell by 10 points, respectively. The total turnover was HKD 236.765 billion. Real estate stocks generally fell due to the budget proposal to raise stamp duty, while domestic property stock Longfor rose by 4.6%

AASTOCKS

LONGFOR GROUP

HSBC HOLDINGS

HSBC Holdings plc ADRhedged

The Hang Seng Index closed up 175 points, HSBC Holdings rose over 5% after earnings, while AI large model stocks fell

The Hong Kong Census and Statistics Department announced that the overall consumer price index in January 2023 rose by 1.1% year-on-year, down from 1.4% in December last year and below the market expectation of 1.2%. After excluding the government's one-off relief measures, the underlying inflation rate is 1%. The main reason is that the Lunar New Year last year fell in January, resulting in a higher comparison base. The increase in various consumer price indices generally slowed down, with prices for categories such as electricity, gas, and water rising, while categories like durable goods and clothing saw declines. The government expects overall inflation to remain mild in the short term

In January, the overall consumer price index in Hong Kong saw a year-on-year increase of 1.1%, with the core inflation rate at 1%

Regarding the earlier suggestion by some Legislative Council members to allow citizens to use their Mandatory Provident Fund for property purchases, Financial Secretary Paul Chan stated at the press conference for the Budget that the most important policy goal of establishing the Mandatory Provident Fund is to ensure retirement security. The Hong Kong Special Administrative Region government welcomes the stable development of the residential real estate market, but there may still be fluctuations; at the same time, individuals accumulate different amounts under the Mandatory Provident Fund scheme. After comprehensive consideration, it was decided not to make any adjustments at this stage, allowing the Mandatory Provident Fund to continue serving as an important pillar for retirement

"Hong Kong Property" responds to lawmakers' proposal to use MPF for property purchase. Chan Mo-po: The policy goal is to ensure retirement security

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Hong Kong is set to access its currency stability fund for the first time in 40 years, as reported by Bloomberg. This decision aims to maintain the stability of its currency peg amid economic challenges and market fluctuations. The fund plays a vital role in supporting the fixed exchange rate system, highlighting Hong Kong's commitment to financial stability in response to external pressures.

CoinLive

ChinaAMC Hang Seng Technology ETF(QDII)

GF CSI HK Innovative Drugs Industry ETF(QDII)

Dacheng Hang Seng Technology ETF(QDII)

FI CSOP HSI

HSTECH ETF

TRACKER FUND

ISHARESHSI

Hang Seng TECH ETF I

CSOP HSI ETF

FL2 CSOP HSI

China Southern Hang Seng ETF

Hong Kong to Access Currency Stability Fund for First Time in Four Decades

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The Financial Secretary, Paul Chan, stated at the press conference for the "Budget" that after research, it is believed that now may not be the appropriate time to push for policies related to consumption vouchers again. He believes that Hong Kong continues to host many major events, and it is estimated that the number of visitors to Hong Kong will increase this year. At the same time, with stable employment conditions, an increase in citizens' income, good performance in the stock market, and a stabilization in the housing market, it is believed that citizens' willingness to consume will improve

FI2 CSOP HSI

Chan Mo-po: It may not be appropriate to push for consumption vouchers at this time, expects citizens' consumption willingness to improve

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The Hang Seng Index fluctuated and closed up 0.66%, while the Hang Seng Tech Index closed down 0.19%. LYGEND RESOURCE rose 9.4%, and CISC rose 8.7%. Large model concept stocks fluctuated and closed lower, with MINIMAX down 14.4% and Zhipu down 10.7%

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LYGEND RESOURCE

Yinhua CSI Non-ferrous Metal ETF

CISC

China Southern CSI SWS Non-Ferrous Metal ETF

ChinaAMC CSI Subdivision Non-ferrous Metal Sub-Industry ETF

Hwabao WP CSI Non-ferrous Metal ETF

Penghua Guozheng Non-ferrous Metal Industry ETF

Guotai CSI Iron & Steel ETF

Guotai CSI Non-ferrous Metal ETF

The Hang Seng Index closed up 0.66%, with non-ferrous metal and steel stocks leading the gains, while MINIMAX and IM Motors fell over 10%

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The Hang Seng Index closed at 26,765 points, up 175 points or 0.7%; the Hang Seng TECH Index reported 5,260 points, down 10 points or 0.2%. The total market turnover was HKD 236.765 billion. Among the actively traded blue-chip stocks, HAIDILAO rose over 6%, HSBC HOLDINGS, TINGYI, SINOPHARM, TIME INTERCON, and WANGUO GOLD GP all reached new highs

SINOPHARM(CNCM LTD)

TINGYI

Tianhong CSI Food and Beverage ETF

China Merchants Guozheng Food and Beverage ETF

Huaan CSI SWS Food and Beverage ETF

ChinaAMC CSI Food & Beverage Sub-Industry ETF

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Hang Seng TECH Index

TIME INTERCON

Sinopharm Accord

WANGUO GOLD GP

HAIDILAO

The Hong Kong Index closed at 26,765 points, up 175 points; the Hang Seng TECH Index closed at 5,260 points, down 10 points. HAIDILAO rose over 6%. HSBC HOLDINGS, TINGYI, SINOPHARM, TIME INTERCON, and WANGUO GOLD GP reached new highs with active trading

The latest data from the Research Department of Central Plains Real Estate shows that the residential price CSI index has risen to 70.76 points, an increase of 0.52 points from last week, reaching a new high since July 2021. The rental CSI index has also risen to 67.66 points, with prices and rents for retail and industrial properties both increasing, indicating optimistic market sentiment. Although office prices have slightly decreased, rents have risen, and the overall market trend is positive, with expectations for further increases in transaction volume in the future

In the "Hong Kong Property" report, the Centaline Property Agent Index CSI (Residential Selling Price) increased by 0.52 points week-on-week

The Financial Secretary of the Hong Kong Special Administrative Region Government, Paul Chan, released the 2026/2027 fiscal budget on the 25th, forecasting an economic growth of 3.5% in 2025, a recovery in the property market, and a 90% increase in the average daily trading volume of the stock market, reaching a historical high. Economic growth for 2026 is expected to be between 2.5% and 3.5%. Inflation remains mild, with a core inflation rate of 1.1%. The fundraising amount for new stock listings is more than double that of 2024, with residential property transaction volume rising to nearly 63,000, and both property prices and rents have increased. The government will review listing regulations to attract more aerospace companies to list in Hong Kong

- Hong Kong's Financial Secretary, Paul Chan, announced the 2026/2027 budget, projecting economic growth of 2.5% to 3.5% for 2026.  
- The budget highlights a robust trading environment in 2025, with a 28% increase in the Hang Seng Index and significant growth in both residential and non-residential property sectors.  
- Additionally, the government aims to enhance the development of AI and semiconductor technology while promoting the Real Estate Investment Trusts (REITs) market and addressing land supply for private housing units.

Hong Kong Annual Budget: 3.5% economic growth in 2025, real estate market recovery, and a 90% increase in average daily stock market turnover! Economic growth is expected to be between 2.5% and 3.5% in 2026

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Hong Kong is set to develop a digital asset platform to facilitate the issuance and settlement of digital bonds. Additionally, the region will proceed with the licensing of stablecoins and implement the Capital Adequacy Ratio Framework (CARF) in the financial sector. These initiatives aim to modernize the financial industry and promote the adoption of digital assets.

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HASHKEY HLDGS

Hong Kong plans to connect digital bond platform with regional token hubs, along with stablecoin licensing and CARF progress.

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Cushman & Wakefield's Hong Kong Research Department Head, Chen Jinping, stated that the new "Budget" will help businesses navigate the economic transformation period, expected to enhance Hong Kong's competitiveness and attract more international and mainland enterprises and talent. The government will align with national economic planning, initiate a local five-year plan, and ensure that public investment is more strategic. The GDP growth forecast for 2026 is between 2.5% and 3.5%, with property investment demand expected to increase. Although the budget does not directly stimulate the commercial property market, enhancing financial competitiveness and promoting technological innovation will drive related demand

ChinaAMC Hang Seng ETF

CBRE: The measures in the budget will help businesses navigate the economic transition period and are expected to enhance Hong Kong's competitiveness

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Hong Kong stocks experienced a relief rally on Wednesday, with the Hang Seng Index rising 0.6% to 26,739.79. The Hang Seng Tech Index increased by 1%. Key stocks like Haidilao International Holdings and Anta Sports Products saw gains of 4.6% and 3.6%, respectively. This rebound followed a decline in concerns over AI disruptions, as investors awaited Nvidia's earnings report. Other Asian markets also rose, with Japan's Nikkei 225 up 1.3% and South Korea's Kospi up 1.7%.

南华早报

ANTA SPORTS

Huatai-PB CSOP Hang Seng Technology ETF(QDII)

Tianhong Hang Seng TECH ETF(QDII)

Pro Ultrshrt Yen

NVIDIA

Hong Kong stocks rebound in relief rally as global AI scare fades

$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!

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LI AUTO-W

TENCENT

CSOP A50 ETF-R

CSOP A50 ETF

XI2CSOPHSTECH

ISHARESHSTECH

XL2CSOPHSTECH

CSOP HS TECH

CAM HS TECH

GEELY AUTO

POP MART

BABA-W

Li Auto

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Tencent HK SDR 10to1

Tencent

Tencent Holdings Limited

GEELY AUTO-R

GEELY AUTOMOBILE HOLDINGS LIMITED SPON ADS EACH REP 20 ORD

POP MART HK SDR 20to1

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Alibaba HK SDR 5to1

Alibaba

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)

CT#HSI RP2802U(56051.HK)

Hong Kong January headline CPI +1.1% from year earlier

Hong Kong January underlying CPI +1.0% from year earlier

The Hang Seng Index closed up 175 points, HSBC Holdings rose over 5% after earnings, while AI large model stocks fell

In January, the overall consumer price index in Hong Kong saw a year-on-year increase of 1.1%, with the core inflation rate at 1%

"Hong Kong Property" responds to lawmakers' proposal to use MPF for property purchase. Chan Mo-po: The policy goal is to ensure retirement security