MS#HSI RP2812J

LEOCH INT'L

METASPACEX

TRANSTECH

ETS GROUP

EXTREME VISION

EPI (HOLDINGS)

GLOBALSTRAT

RUICHANG INTL

WINSHINE SCI

PT INTL DEV

0HSLI

00HSI

0HSCI

Hong Kong's ultra-luxury home sales have sharply declined following a stamp duty hike, with only 13 transactions over HK$100 million recorded in March, down from 28 in January. The government raised the stamp duty from 4.25% to 6.5% in February, aiming to generate additional revenue. Analysts predict continued muted activity in the luxury market due to this increase and inflation risks from Middle East conflicts. Some developers are offering incentives to attract buyers, while the broader residential market shows signs of recovery with rising home prices.

Businesstimes News

Hang Seng Composite LargeCap

Hang Seng Index

Hang Seng Composite Index

Hong Kong ultra-luxury home sales slide after stamp duty hike

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BABA

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159920

KBAB

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TCOM

The Hang Seng Index fell over 3% in Q1, entering correction territory due to the Iran war's impact on the stock market. Trip.com was the worst performer, dropping 31%, followed by Kuaishou Technology (-30%) and SMIC (-28%). Other laggards included Meituan, Xiaomi, and Alibaba. Conversely, Sun Hung Kai Properties and Geely saw gains of 38% and 30%, respectively. The index's future performance will be influenced by ongoing developments in the Iran-US conflict, which may further affect market stability.

- The Hang Seng Index fell over 3% in Q1, entering correction territory after a decline attributed to the Iran war, mirroring global indices' downturns.  
- Trip.com, Kuaishou Technology, and Semiconductor Manufacturing International (SMIC) were among the biggest losers, facing challenges from regulatory investigations, market slowdowns, and potential sanctions, respectively.  
- Conversely, stocks like Sun Hung Kai Properties and Geely saw significant gains, driven by easing regulations and rising energy prices, while market sentiment remains cautious about the ongoing geopolitical situation.

Invezz

TRIP.COM-S

Alibaba

China Southern Hang Seng ETF

ChinaAMC Hang Seng ETF

Geely Auto

KraneShares 2x Long BABA Daily ETF

ISHARESHSI

GEELY AUTO

Trip.com

SHK PPT

HSCEI ETF

SMIC

Xiaomi Corporation

KUAISHOU-W

XIAOMI-W

MEITUAN

Hang Seng Index top movers in Q1 revealed: best and top laggards

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06869

STECH

BABX

As of midday on April 2, Hong Kong's three major stock indices saw a general pullback, with market risk aversion sentiment rising. The Hang Seng Index fell 1.1% and hovered around the 25,000-point mark, while the Hang Seng TECH Index dropped 2.2%, leading the market decline. The hardware and retail sectors experienced significant downturns, with leading stocks such as Xiaomi Corporation and Alibaba collectively falling. The telecommunications sector showed mixed performance, with YOFC surging against the trend on positive 6G news. Overall market sentiment was cautious, with short-term funds monitoring support levels

Market Heartbeat

YOFC

Hang Seng TECH Index

BABA 2x Long Daily ETF - GraniteShares

BABA-W

Hong Kong Stock Market Midday Review | Hang Seng Index Down 1.1% Hovering Around 25,000 Points, Tech Stocks Weak, Xiaomi Down Over 4%

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The Hang Seng Index closed at 25,017 points, down 276 points or 1.1%. The Hang Seng TECH Index reported 4,651 points, down 104 points or 2.2%. Xiaomi Group fell over 4%, Alibaba fell over 3%, and MEITUAN fell over 3%. Geely, Bank of China, Guofu Quantum, Weili Zhibo-B, and Huishang Bank reached new highs

AASTOCKS

GX HS TECH

Hwabao CSI HK Equities Internet ETF

Tianhong Hang Seng TECH ETF(QDII)

The Half-Day Report: The Hang Seng Index fell by 276 points; the Hang Seng TECH Index dropped by 104 points. Xiaomi Group fell over 4%, Alibaba fell over 3%, and MEITUAN fell over 3%. Geely, Bank of China, Guofu Quantum, Weili Zhibo-B, and Huishang Bank reached new highs

The latest Hong Kong Interbank Offered Rate (HIBOR) is as follows: the overnight rate is 2.02274 cents, up 43.131 basis points from the previous trading day; the one-week rate is 1.9275 cents, up 14.845 basis points; the one-month rate is 1.98601 cents, up 0.946 basis points; the three-month rate is 2.28268 cents, up 2.054 basis points; the six-month rate is 2.63577 cents, up 1.136 basis points; the twelve-month rate is 3.05119 cents, up 1.184 basis points. Source: Hong Kong Association of Banks, as of 2026-04-02 11:15

Latest Hong Kong Interbank Offered Rate (HIBOR)

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The Hang Seng Index's initial decline has expanded to over 220 points, currently reported at 25,064, down 229 points or 0.9%. Alibaba fell 3% to HKD 119, Tencent dropped 1.2%, and HSBC Holdings fell 1.5% to HKD 128.3. CNOOC rose 0.8%, and PetroChina increased by 1.4%. Airline stocks performed weakly, with China Eastern Airlines down 4.6% and China Southern Airlines down 4.3%

PETROCHINA

CHINA EAST AIR

Tencent Holdings Limited

CHINA SOUTH AIR

HSBC HOLDINGS

TENCENT

CNOOC

SINOPEC CORP

The Hang Seng Index's initial decline has expanded to over 220 points, with Alibaba down 3%

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36Kr learned that the net inflow of southbound funds reached HKD 3 billion

36Kr

CSOP HSI ETF

TRACKER FUND

The net inflow of southbound funds reached HKD 3 billion

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AAGIY

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The Hong Kong stock market has seen a significant rise, gaining nearly 550 points or 2.2% over consecutive trading days. The Hang Seng Index closed at 25,294.03, buoyed by strong performances from financial, technology, and resource sectors. Optimism regarding an end to Middle Eastern hostilities has contributed to positive global market sentiment. Notable stock movements included AIA (+3.12%), Alibaba (+3.11%), and Tencent (+2.60%). Wall Street also experienced gains, with the Dow up 224.23 points, reflecting a broader positive trend in the markets.

nasdaq

FI2 CSOP HSI

CSOP HS TECH

FL2 CSOP HSI

FI CSOP HSI

AIA Group

Tencent

Hong Kong Stock Market Has Solid Lead For Thursday

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Hong Kong's Hang Seng Index opened down 0.16%, and the Hang Seng TECH Index fell 0.49%

Wallstreetcn

Huatai-PB CSOP Hang Seng Technology ETF(QDII)

ISHARESHSI-U

TRACKER FUND-R

Hang Seng TECH ETF I

ISHARESHSI-R

Dacheng Hang Seng Technology ETF(QDII)

Huaan Hang Seng Technology ETF(QDII)

HSTECH ETF

ChinaAMC Hang Seng Technology ETF(QDII)

Hong Kong's stock market rebounded as tensions in the Middle East eased, reflecting a global market recovery. This positive trend marks the start of the second quarter, with the pharmaceutical and biotechnology sectors attracting significant investment. However, uncertainties still linger despite the optimistic outlook.

CoinLive

Hong Kong Stocks Rebound as Middle East Tensions Ease

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Hong Kong real estate stocks have shown better-than-expected performance; however, they are facing macroeconomic uncertainties due to the ongoing Middle East conflict. JP Morgan has raised concerns about possible interest rate hikes and a mild economic recession, predicting that interest rates will remain stable until the first quarter of 2027.

CSOP AP REITS

Hong Kong Real Estate Stocks Face Uncertainty Amid Middle East Conflict

$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

ISHARESHSTECH

XL2CSOPHSTECH

CAM HS TECH

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 HK SDR 2to1

$XTALPI(02228.HK)$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)

MS#HSI RP2812J(60698.HK)

MS#HSI RP2812J Stock Performance Chart

Hong Kong ultra-luxury home sales slide after stamp duty hike

Hang Seng Index top movers in Q1 revealed: best and top laggards

Hong Kong Stock Market Midday Review | Hang Seng Index Down 1.1% Hovering Around 25,000 Points, Tech Stocks Weak, Xiaomi Down Over 4%

The Half-Day Report: The Hang Seng Index fell by 276 points; the Hang Seng TECH Index dropped by 104 points. Xiaomi Group fell over 4%, Alibaba fell over 3%, and MEITUAN fell over 3%. Geely, Bank of China, Guofu Quantum, Weili Zhibo-B, and Huishang Bank reached new highs

Latest Hong Kong Interbank Offered Rate (HIBOR)