JP#HSTECRC2609E

Renminbi Strengthens Against US Dollar, Supports Hong Kong Stocks

RMB Midpoint Rates Rise, Boosting Hong Kong Stock Market Performance

Domestic Internet Giants Post Impressive Earnings Reports

HSI Company Launches Generative AI to Enhance Index Calculation Efficiency

Alibaba Surpasses Expectations in Earnings Report; Hang Seng Tech Index and ETF Rise

Hang Seng Index Ends Four-Day Winning Streak With a Decline

HengSeng Index Down, Southbound Funds Net Buy

Hengsheng Technology Index Rises 1% to 5,486.16

Hong Kong Tech Index Tumbles, Xinyi Solar and Others See Sharply Lower Shares

Hong Kong Tech ETFs See Significant Growth in Shares

Hong Kong stocks fall, but Hang Seng Tech Index rises

Huatai Securities Analyzes Trend of A-Share Tech Companies Listing in Hong Kong

EASEC FYH Science & Technology ETF Down for 5 Consecutive Days

Huati Fund's Hang Seng Tech ETF Continues to Fall Recently

Foreign Institutions See Opportunities in China's Tech Sector

Global X Japan Launches ETF Tracking Hang Seng Tech Index

Hengsheng Technology Index and Hang Seng Index Rising, Multiple Tech Stocks Perform Strongly

Hang Seng Index Opens Down 0.5%, Sectors Mixed

HSCI Inclusion of BYD Boosts Weight to 25%

Great Wall Fund Launches Hang Seng Tech Index Fund, Benefiting from AI Advancements

CCOE

STARCOIN GROUP

ONEFORCE HLDGS

ROYAL DELUXE

STELUX HOLDINGS

TE HEALTHCARE

ASIAPAC FIN INV

WELIFE TECH

DRINDA

TIMELESS

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STECH

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The Hang Seng TECH Index fell 10% in February, marking the largest monthly decline since January 2024, with a cumulative drop of 23% since its peak in October last year. The main reasons include weak corporate earnings and insufficient buying from mainland investors, leading to a decline in market confidence. Investors are shifting their funds towards chip manufacturers and newly listed AI companies. Mainland investors sold stocks in Hong Kong, totaling HKD 11.4 billion, marking the largest capital outflow since the end of August. Baidu was one of the biggest decliners this month, down 19%

AASTOCKS

ChinaAMC Hang Seng Technology ETF(QDII)

Guotai CES Semiconductor Chip Industry ETF

iShares Semiconductor ETF

GTJA Allianz SSE STAR Chip Design Thematic ETF

Invesco Semiconductors ETF

Hang Seng TECH Index

Hang Seng TECH ETF I

CAM HS TECH

BIDU-SW

Huatai-PB CSOP Hang Seng Technology ETF(QDII)

Tianhong Hang Seng TECH ETF(QDII)

Dacheng Hang Seng Technology ETF(QDII)

XI2CSOPHSTECH

Guotai CSI Computer Theme ETF

XL2CSOPHSTECH

Tianhong CSI Computer Theme ETF

ChinaAMC SSE STAR Semiconductor Material & Equipment Thematic ETF

VanEck Semiconductor ETF

Baidu

CSOP HS TECH

China Southern CSI Semiconductor Industry Custom ETF

GTJA Allianz CSI All Share Semiconductors & Semiconductor Equipment ETF

ISHARESHSTECH

Direxion Semicon Bull 3X

The Hang Seng TECH Index fell by 10% in February, down 23% from its high in October last year

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00HSI

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The Hang Seng Index closed up 0.95%, and the Hang Seng TECH Index rose 0.56%. JunDa Co., Ltd. had the largest increase, reaching 23.45%; Kingsoft Cloud and Jinli Permanent Magnet rose by 7.69% and 6.7%, respectively. CHINA COAL, Sun Hung Kai Properties, and HPI also saw significant increases. In contrast, Zhaoyi Innovation fell by 7.19%, while MINIMAX and Sanhua Intelligent Control dropped by 2.22% and 2.65%, respectively

Wallstreetcn

CHINA COAL

Hang Seng Index

HUANENG POWER

KINGSOFT CLOUD

The Hang Seng Index closed up 0.95%, with varying degrees of rebound in the energy, resources, AI, and innovative pharmaceuticals sectors

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Hong Kong stocks are set for their worst monthly decline since October, with the Hang Seng Index down 3.2% amid concerns over AI's impact on traditional industries. The index rose 0.6% to 26,545.09 on Friday, while the Hang Seng Tech Index gained 0.9%. Sun Hung Kai Properties saw a 5.4% increase in shares after reporting a 36% profit rise. Global markets remain cautious, with Japan's Nikkei 225 down 0.7% and South Korea's Kospi down 2.1%.

南华早报

SHK PPT

Pro Ultrshrt Yen

Hong Kong stocks head for worst month since October on AI disruption angst

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The Hang Seng TECH Index rose by over 1%

GX HS TECH

CMS HS TECH

HSTECH ETF

The Hang Seng TECH Index turned negative again during the session, after briefly rising by 0.9%

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The Hang Seng Index opened up 0.25%, and the Hang Seng TECH Index rose 0.15%. SenseTime increased by over 4%, Tencent Music rose by over 3%, and Trip.com, XPeng, and Li Auto all rose by over 1%

Tencent Music

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LI AUTO-W

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XPENG-W

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Hong Kong's Financial Secretary Paul Chan announced a fiscal surplus of HK$2.9 billion for the 2025/2026 financial year, three years earlier than expected, due to an asset market boom and austerity measures. The economy is projected to grow by 2.5 to 3.5% in 2026, with improved sentiment reflected in rising home prices and increased IPO activity. However, this recovery comes with sacrifices, including cuts to education and social services, and the loss of 10,000 civil service jobs. The government plans to invest in AI and tech development to create new growth pillars.

Businesstimes News

FL2 CSOP HSI

FI CSOP HSI

ISHARESHSI

TRACKER FUND

FI2 CSOP HSI

CSOP HSI ETF

Hong Kong’s Budget is back in the black – but not without sacrifice

The Hang Seng Index main futures closed up 0.09% in the overnight session, at 26,391 points. The Hang Seng Tech Index main futures closed up 0.12% in the overnight session, at 5,129 points

HANG SENG BANK

TCTZF

Hong Kong stocks fell as Nvidia's earnings failed to boost AI confidence, with the Hang Seng Index down 1.4% to 26,381.02. The Hang Seng Tech Index dropped 2.9%. Major companies like Alibaba and Tencent saw declines, while Hong Kong Exchanges and Clearing rose 0.8% after a profit increase. Nvidia reported a 73% revenue jump to $68.1 billion, but missed bullish projections, indicating a cooling AI market. Other Asian markets closed higher, with Japan's Nikkei up 0.3% and South Korea's Kospi up 3.7%.

Tencent Holdings Limited

HKEX

Hong Kong Exchanges and Clearing (HKEX)

SPDR S&P Semicon

VanEck Gold Miners ETF

T-Rex 2X Long NVIDIA Daily Target ETF

GraniteShares 2x Long NVDA Daily ETF

Direxion Daily NVDA Bull 2X Shares

KraneShares 2x Long BABA Daily ETF

BABA 2x Long Daily ETF - GraniteShares

VanEck Junior Gold Miners ETF

TENCENT

Alibaba

BABA-W

NVIDIA

Hong Kong stocks retreat as Nvidia earnings fail to sustain AI momentum

The Hang Seng Index fell by 1%, and the Hang Seng TECH Index fell by 2.3%

CKHUY

On February 26, Hong Kong's Hang Seng Index opened over 200 points higher but reversed to a decline, falling 0.39% to 26,661.20 points. The Hang Seng Tech Index dropped 1.65%. Market turnover reached HKD 130.935 billion. Sectors like power and commercial aerospace gained, while lithium battery and biopharmaceutical sectors declined. Notable stock movements included CK Asset Holdings up 2.32% and CK Hutchison Holdings up 3.79%, following the sale of CK Hutchison's UK power grid business for over HKD 110 billion. Technology stocks showed weak performance overall.

CoinLive

CK Hutchison Holdings

STOCKS | Hong Kong's Hang Seng Index Declines Amid Market Volatility

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TIANQI LITHIUM rose over 6%, Ganfeng Lithium rose over 5%

TIANQI LITHIUM

GANFENGLITHIUM

Ganfeng Lithium

The Hang Seng Index opened up 0.95%, and the Hang Seng TECH Index rose 0.46%

The Hong Kong stock market has continued to fluctuate after the Spring Festival holiday, with public funds actively positioning themselves, focusing on technology and cyclical varieties. According to Wind data, as of February 24, half of the top ten ETFs with increased shares are cross-border ETFs in Hong Kong stocks, with the Huatai-PB Hang Seng Technology ETF showing the largest increase, adding 13.436 billion shares. Others, such as the ChinaAMC Hang Seng Technology ETF and the Franklin Templeton CSI Hong Kong Stock Connect Internet ETF, also performed well, with significant increases

CAM HS TECH-R

J.P.Morgan Asset Management Hang Seng Technology ETF(QDII)

CAM HS TECH-U

Hang Seng Composite Index

Public funds actively allocate to Hong Kong stocks, with technology and cyclical varieties remaining the main investment themes

$Hang Seng TECH Index(STECH.HK)Shameless! This Hang Seng Index

Wear new shoes, walk the old pathIt seems to have developed, turned around, and modernized, but once encountering pressure or real constraints, it reverts to the old ways—the practices from the beginning.【Securities Researcher: &#34;Information involving tax assessments for related high-tech companies&#34; only indicates stricter assessments, not a blanket ban】This afternoon, the Hang Seng Tech Index suddenly widened its losses, with the index falling more than 2.5% at one point. Alibaba, Tencent Holdings, JD.com, and Meituan all saw increased declines, and the corresponding call warrants plummeted across the board. At noon, a piece of information about &#34;tax assessments for related high-tech companies&#34; circulated among securities researchers, triggering market volatility. Although this rumor has not yet received official endorsement, the market has already begun pricing it in. However, the market's pricing of such events is often one-time, and the corresponding factors are also variable. If the situation reverses, it will inevitably trigger a major counterattack. A securities researcher said it is only stricter assessments, not a blanket ban.$BABA-W(09988.HK)$TENCENT(00700.HK)$XIAOMI-W(01810.HK)

JD-SW

MEITUAN

XIAOMI-W

BABA-WR

Tencent

TENCENT-R

JD.com

JD-SWR

Alibaba HK SDR 5to1

Tencent HK SDR 10to1

JD HK SDR 10to1

MEITUAN-WR

Meituan HK SDR 5to1

Meituan

XIAOMI-WR

Xiaomi HK SDR 2to1

Xiaomi Corporation

$XTALPI(02228.HK) The first to rise in the Hong Kong stock watch list! Push it up!

XTALPI

CSOP A50 ETF-R

CSOP A50 ETF

GEELY AUTO

POP MART

Li Auto

GEELY AUTO-R

GEELY AUTOMOBILE HOLDINGS LIMITED SPON ADS EACH REP 20 ORD

POP MART HK SDR 20to1

$XTALPI(02228.HK) Cautiously optimistic, Hang Seng Tech shows signs of crashing again. Damn it, Hang Seng has a history of crashing after long holidays countless times. This 🐶 just can't be reliable in the long run.

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)

Strategy Report

Hello everyone, this is Dolphin Research! In last week's strategy report, Dolphin Research mentioned that after the tariff issue was settled, the market's focus would shift to Trump's second wave of tax cuts and industrial policies. &#34;But the fatal BUG here is that tax cuts and industrial stimulus essentially require fiscal backing.&#34; Will the upcoming short-term trading revolve around this &#34;BUG,&#34; thereby affecting the valuation expectations of the entire asset class? Let's take a detailed look: 1. Trump's &#34;Big, Beautiful Bill&#34; = &#34;Big Deficit&#34; Bill? This new bill, the &#34;Big, Beautiful Bill&#34;...

Invesco QQQ Trust

Krne Csi China Internet

Direxion 20+Yr Trsry Bull 3X

"Big and beautiful" = "big deficit", will US stocks be dragged down by US bonds again?

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)

SPDR S&P 500

Hong Kong stocks: have risen significantly, but valuations remain very low; the issue is that they have always been low. U.S. stocks: valuations are very high, which may contain risks.

Dow Jones Industrial Average

Dehydrated Research Report | How to View Valuations of Hong Kong Stocks and US Stocks?

JP#HSTECRC2609E(57072.HK)

The Hang Seng TECH Index fell by 10% in February, down 23% from its high in October last year

The Hang Seng Index closed up 0.95%, with varying degrees of rebound in the energy, resources, AI, and innovative pharmaceuticals sectors

Hong Kong stocks head for worst month since October on AI disruption angst

The Hang Seng TECH Index rose by over 1%

The Hang Seng TECH Index turned negative again during the session, after briefly rising by 0.9%