SG#HSI RC2811I

HSF Night Session Closes Up 1.60% at 25,534.08

HSI Futures Open 1.03% Lower at 25,389.93

S&P Global: Hong Kong PMI Rises to 53.3 in February

Hong Kong Futures Soft, March Index Futures Close at 25214 Down 1.72%

HSF Futures Night Session Closed 0.87% Higher at 26,112.20

Financial Secretary Paul Chan Pushes for Continuous Market Reform in Hong Kong

HSF Futures Open 1.40% Lower at 26,236.68

HSI Futures Evening Session Closes Down 0.54% at 26,465

CITIC Securities Hang Seng Index Bull and Bear Warrant Street Position Ratio and Changes

Hong Kong Interbank Offered Rates (HIBOR) Across the Board Slightly Up

Hang Seng Index Night Futures Close Up 181 Points

HSI Futures Night Session Closes Up 0.65% at 26,923

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

INFINITIES TECH

E&P GLOBAL

PERFECT OPT

KONG SUN HOLD

NE ELECTRIC

IFBH

HINSANG GROUP

MOBI DEV

NANJING PANDA

CHINA WACAN

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The Hang Seng Index opened 334 points higher this morning, with a maximum increase of 487 points, and only rose 210 points at midday, with a transaction amount of HKD 164.1 billion. Financial stocks led the rise, with HSBC and AIA increasing by 3.1% and 4% respectively. Alibaba and Meituan fell against the trend, dropping by 1.2% and 1.7% respectively. China National Pharmaceutical Group rose by 6%, receiving a favorable outlook from Bank of America, with the target price raised to HKD 8.9. Power equipment stocks performed strongly, with NE Electric soaring by 24%. A report from CICC pointed out that the aging power grid facilities in Europe and the United States have increased the risk of power outages, and domestic power equipment is expected to benefit

Stheadline

Hwabao WP CSI All Share Investment Banking & Brokerage ETF

Hwabao WP CSI Banks ETF

ChinaAMC CSI Banks ETF

China Merchants CSI BANK AH Price ETF

Fullgoal CSI 800 Banks ETF

Hang Seng Index

WP CSI Banks ETF

ChinaAMC Green Electricity ETF

HSBC Holdings plc ADRhedged

E Fund CSI Green Power ETF

DONGFANG ELEC

GF CSI All Share Power Public Service ETF

Guotai CSI All Share Investment Banking & Brokerage ETF

ChinaAMC SSE Financials Sector ETF Initiating Fund

China Southern CSI Banks ETF

Bosera CSI All Share Electric Utilities ETF

HSBC

The Hang Seng Index surged and then retreated, rising only 210 points in half a day, with HSBC and other financial stocks leading the gains. Power equipment stocks soared, with NE ELECTRIC rising 24%｜Hong Kong stocks open

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China five-year plan: China will 'seize the commanding heights of science and tech development'

marketscreener

SSE Index

CSI 300

China five-year plan: China will 'seize the commanding heights of science and tech development'

399001

China five-year plan: to steadily expand middle-income population

Shenzhen Index

China five-year plan: to steadily expand middle-income population

MCHI

501045

China five-year plan: will promote decarbonisation in important sectors

iShares MSCI China

China Universal CSI 300 Index Initiating Fund(LOF)-C

Yinhua CSI 300 Index Fund(LOF)-A

Zheshang CSI 300 Enhanced Index Fund(LOF)-A

Roundhill China Dragons ETF

Invesco Golden Dragon China

NASDAQ Golden Dragon China Index

China five-year plan: will promote decarbonisation in important sectors

China five-year plan: to persist in and improving 'one country, two systems' policy, advance 'reunification' of the country - Xinhua

China five-year plan: to persist in and improving 'one country, two systems' policy, advance 'reunification' of the country - Xinhua

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The Hang Seng Index closed at 25,462 points, up 212 points or 0.8%. The Hang Seng Tech Index closed flat at 4,829 points. The China Enterprises Index rose 20 points or 0.2%. Among the actively traded blue-chip stocks, MEITUAN fell 1.7%, Xiaomi rose 1.6%, Hong Kong Exchanges and Clearing rose 1.4%, Alibaba fell 1.2%, and TENCENT rose 0.5%. China National Pharmaceutical Group rose over 5%, AIA rose 4%, and WHARF REIC rose 3.6%. IFBH had the largest increase, rising 24.3%

AASTOCKS

WHARF REIC

CSOP HS TECH

FI2 CSOP HSI

YIDU TECH

FI CSOP HSI

TENCENT

MEITUAN

Guotai CSI Bio-medicine ETF

ALI HEALTH

The Half-Day Report shows that the Hang Seng Index closed at 25,462 points, up 212 points; the Hang Seng Tech Index closed flat at 4,829 points. China National Pharmaceutical Group rose over 5%, reaching a new high for Strength Development

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China and Hong Kong stocks rose on Thursday as Beijing lowered its economic growth target, indicating a shift towards rebalancing. The CSI300 Index gained 1.3%, while the Shanghai Composite Index rose 0.8%. The Hang Seng Index climbed 1.9%. The yuan strengthened after the central bank set its daily midpoint guidance at its strongest in nearly three years. Beijing's 2026 growth target is set at 4.5%-5%, allowing for policy measures to reduce industrial overcapacity. Analysts noted a supportive policy stance for 'new economy' sectors, particularly AI and semiconductors, amid improved risk appetite following positive developments in the Iran conflict.

TRACKER FUND

CSOP CSI300

China Southern Hang Seng ETF

XL2CSOPCSI300

CAM CSI300-R

ISHARESHSI

Hang Seng Composite Index

CAM CSI300

China, Hong Kong stocks gain as Beijing signals economic rebalancing

The latest Hong Kong Interbank Offered Rate (HIBOR) data shows that the overnight rate is 1.87012 cents, down 30.143 basis points from the previous trading day; the one-week rate is 2.08762 cents, down 12.417 basis points; the one-month rate is 2.31179 cents, down 10.22 basis points; the three-month rate is 2.58435 cents, down 0.767 basis points; the six-month rate is 2.70946 cents, up 1.291 basis points; and the twelve-month rate is 2.83792 cents, down 0.279 basis points. The data is as of March 5, 2026, 11:15

Latest Hong Kong Interbank Offered Rate (HIBOR)

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The Hong Kong dollar exchange rate was slightly weak this morning (5th), with a high and low of 7.8163/7.8207, and the current spot price is 7.8198. The bank system surplus for next Monday (9th) is expected to be HKD 53.838 billion

CSOP HSI ETF

ISHARESHSI-U

ChinaAMC Hang Seng ETF

A TK HKD MM

"Capital" Spot US Dollar New Report 7.8198

02846

China, Hong Kong shares jump after Beijing reveals 2026 growth target

ISHARESCSI300

China, Hong Kong shares jump after Beijing reveals 2026 growth target

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SOXL

China has pledged to accelerate technological self-reliance, focusing on boosting domestic industries like semiconductors, aerospace, and AI. Plans include nurturing unicorns in quantum technology and 6G, launching new data centers, and enhancing AI security. Experts note that while U.S. firms have more funding, China aims to leverage its supply chains and manufacturing capabilities. However, a report suggests that emerging industries may struggle to sustain 5% GDP growth in the future.

Yahoo Finance

Direxion Semicon Bull 3X

China vows to accelerate technological self-reliance, AI push

TCEHY

Global stock markets rebounded, with South Korean stocks rising over 12% and Japanese stocks up over 4%. U.S. stocks rebounded across the board, with the Dow Jones up 238 points, the S&P 500 up 52 points, and the Nasdaq up 290 points. Oil and gold prices rose slightly. Hong Kong stocks opened higher, with technology stocks such as Tencent, Alibaba, and MEITUAN generally rising, and HSBC up 3%. Xiaomi plans to launch new chips annually, while CNOOC received an upgrade but its stock price remained soft

- U.S. President Trump has officially nominated Waller to succeed Powell as the next Federal Reserve Chair, while Fed Governor Mester suggests that further interest rate cuts are appropriate despite the ongoing Middle East conflict's impact being too early to evaluate.  
- The U.S. dollar index fell to 98.69, leading to a rebound in major U.S. stock indices, with the Dow Jones rising 238 points and the Nasdaq adding 290 points.  
- Asian markets also reacted positively, with Japan's Nikkei 225 rising over 4% and South Korea's index increasing by 12%, while notable stocks like Samsung and SK Hynix saw significant gains.

Tencent

Alibaba

XIAOMI-W

FL2 CSOP HSI

KraneShares 2x Long BABA Daily ETF

Global stock markets rebounded, South Korean stocks once rose over 12%, the Hang Seng Index opened up 334 points, HSBC rose 3% | Hong Kong stock market opens

$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

Hang Seng TECH Index

XI2CSOPHSTECH

ISHARESHSTECH

HSTECH ETF

XL2CSOPHSTECH

CAM HS TECH

Hang Seng TECH ETF I

GEELY AUTO

POP MART

BABA-W

Li Auto

TENCENT-R

Tencent HK SDR 10to1

Tencent Holdings Limited

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 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)

SG#HSI RC2811I(59842.HK)

The Hang Seng Index surged and then retreated, rising only 210 points in half a day, with HSBC and other financial stocks leading the gains. Power equipment stocks soared, with NE ELECTRIC rising 24%｜Hong Kong stocks open

China five-year plan: China will 'seize the commanding heights of science and tech development'

China five-year plan: to steadily expand middle-income population

China five-year plan: will promote decarbonisation in important sectors

China five-year plan: to persist in and improving 'one country, two systems' policy, advance 'reunification' of the country - Xinhua