SG#HKEX RP2812D

THELLOY DEV

LOTUS HORIZON

MIRICOR

NIU HOLDINGS

DAISHOMICROLINE

MODERN CHI MED

CHINA TIANRUI

MSCTECH

NORTH MINING

SEVEN ELEMENTS

513600

512880

03188

HKXCY

00HSI

00388

As of now, the number of new listings on the Hong Kong Stock Exchange in 2026 has exceeded 30, a year-on-year increase of 150%; the IPO fundraising amount has reached HKD 100.472 billion, a year-on-year increase of 559.02%. The A-share market has become an important source of new listings for the Hong Kong Stock Exchange, with 14 A-share listed companies raising a total of HKD 65.883 billion, accounting for more than 65.57%

Wallstreetcn

China Southern Hang Seng ETF

Guotai CSI All Share Investment Banking & Brokerage ETF

CAM CSI300

Hong Kong Exchanges and Clearing (HKEX)

Hang Seng Index

Yinhua CSI All Share Investment Banking & Brokerage ETF

iShares MSCI China

Hwabao WP CSI All Share Investment Banking & Brokerage ETF

GF Fund CSI HK Connect Financials(ex Banks) Thematic ETF

TRACKER FUND

HKEX

ISHRS Us Brokers & Sec Exchg

The financing amount of Hong Kong stocks' IPOs has exceeded 100 billion this year, and the "A+H" market continues to expand

601111

00753

00293

Air China's long position in Cathay Pacific Airways reduces to 77.47%, HKEX says

marketscreener

Air China

AIR CHINA

CATHAY PAC AIR

Air China's long position in Cathay Pacific Airways reduces to 77.47%, HKEX says

Hong Kong Regulator Plans Sponsor Inspections Amid Listing Quality Concerns

GF CSI HK Innovative Drugs Industry ETF(QDII)

Huatai-PB CSOP Hang Seng Technology ETF(QDII)

HSTECH ETF

A GX HSICC

ISHARESHSI

China Southern Hang Seng ETF Feeder Fund-A

FL2 CSOP HSI

FI CSOP HSI

ChinaAMC Hang Seng ETF

Dacheng Hang Seng Technology ETF(QDII)

FI2 CSOP HSI

Hang Seng TECH ETF I

Tianhong Hang Seng TECH ETF(QDII)

ChinaAMC Hang Seng Technology ETF(QDII)

Hong Kong Regulator Plans Sponsor Inspections Amid Listing Quality Concerns

00370

合肥优艾智合机器人股份有限公司

Hong Kong's listings market is experiencing a surge, with five companies seeking a total of HK$5.31 billion ($678 million) in new offerings. This follows a strong start to 2026, marking the highest fundraising since January 2021. Notable companies include Epiworld International, aiming to raise HK$1.64 billion, and Guangdong Huayan Robotics, seeking HK$1.37 billion. The stock exchange's proposal to lower market value thresholds for dual-class shares may further enhance this trend.

HK ROBOTICS

Hong Kong listings rush gathers pace with five companies seeking $678 million

TCTZF

CICHY

CWEB

BABX

KBAB

KWEB

Hong Kong's American Depositary Receipts (ADRs) experienced a decline, primarily due to Alibaba's quarterly earnings missing expectations, resulting in a sell-off that saw its ADRs drop over 7% to HKD 122.3. Other ADRs, including JD Group, Tencent, Xiaomi, and Meituan, also fell between 1% and 2.5%. Financial stocks had mixed results, with Hong Kong Exchanges and Clearing and Bank of China ADRs down nearly 1%, while HSBC and Ping An remained stable. Conversely, China Construction Bank ADRs rose over 1% to HKD 8.2.

CoinLive

Tencent Holdings Limited

China Construction Bank

Direxion CSI China Internet Index Bull 2X

BABA 2x Long Daily ETF - GraniteShares

KraneShares 2x Long BABA Daily ETF

KraneShares 2x Long JD Daily ETF

Krne Csi China Internet

Xiaomi Corporation

TENCENT

MEITUAN

BABA-W

JD.com

Meituan

Tencent

JD-SW

Alibaba

XIAOMI-W

Hong Kong ADRs Experience Decline Following Alibaba's Earnings Miss

00763

ZTCOY

BlackRock's long position in H-shares of ZTE decreases to 6.82% on March 16 - HKEX

ZTE Corporation

BlackRock's long position in H-shares of ZTE decreases to 6.82% on March 16 - HKEX

01863

HKEX conducts disciplinary action against former executive director of China Longevity Group

CHI LONGEVITY

HKEX conducts disciplinary action against former executive director of China Longevity Group

Hong Kong's Securities and Futures Commission (SFC) has recommended tighter rules for the Hong Kong Stock Exchange (HKSE) following a performance review. The SFC's report suggests addressing internal control deficiencies and ensuring compliance with listing rules when issuers fail to publish financial statements due to irregularities. Recommendations include vetting internal control reviews and requiring independent consultants' opinions. Additionally, the SFC advises updating regulations to reduce late auditor resignations and enhancing scrutiny of audit committees' responsibilities.

FiNews

SFC Recommends Tighter Rules at Hong Kong Stock Exchange

The enthusiasm for Hong Kong stock IPOs continues. As of March 18, 2023, the Hong Kong Stock Exchange has seen 28 new stocks listed, a year-on-year increase of 133.33%; the total IPO fundraising amount is HKD 97.166 billion, a year-on-year increase of 537.34%. Among them, 13 A-share companies have listed in Hong Kong, raising HKD 62.577 billion, accounting for 64.40% of the total IPO fundraising amount in the Hong Kong stock market this year. Currently, there are 12 companies with an IPO review status of "Hearing Approved" and 377 companies with a status of "In Process," indicating that the number of IPO companies in the Hong Kong stock market is still expanding

13 new "A+H" shares added this year, the reserve army of Hong Kong stock IPOs continues to expand

The charity fund under the Hong Kong Stock Exchange has launched a caregiver support program, committing to invest HKD 50 million, expected to provide support for over 50,000 caregivers. The group's General Counsel, Zhou Guanying, stated that Hong Kong has a unique role in promoting ESG, emphasizing collaboration with the business community to advance community support and a corporate-friendly culture. In addition, since its establishment in 2020, the Hong Kong Stock Exchange charity fund has allocated over HKD 635 million to fund 150 community projects, benefiting more than 2.2 million people

Stheadline

HKEX provides HKD 50 million to support caregivers and partners with the business community to build a friendly workplace culture "listed companies can choose codes to help raise funds"

AAGIY

01060

Hong Kong's American Depositary Receipts (ADRs) experienced a significant decline, with Tencent's ADR dropping 6% post-earnings announcement. Alibaba and AIA's ADRs fell over 4% and nearly 3%, respectively. Meituan's ADR decreased by nearly 3%, while HSBC, Hong Kong Exchanges and Clearing, Ping An Insurance, and JD.com ADRs declined by 2% or more. Additionally, ADRs for China Construction Bank, Industrial and Commercial Bank of China, Bank of China, and Xiaomi dropped by over 1%.

AIA Group

DAMAI ENT

ICBC

HSBC

Ping An Insurance

BANK OF CHINA

INDUSTRIAL & COMMERCIAL BK OF CHINA UNSP ADR EACH REPR 20 ORD SHS

JD HEALTH

Bank of China

JD LOGISTICS

XL2CSOPHSTECH

XI2CSOPHSTECH

FI2CAMNDQ100

CSOP CSI300

CSOP HS TECH

Hong Kong ADRs Experience Significant Decline

Hong Kong's Securities and Futures Commission (SFC) has recommended that the stock exchange strengthen its regulations to enhance investor protection. Following a review of compliance cases, the SFC highlighted the need for improved internal control measures, especially regarding late auditor resignations and financial statement publication. The report noted that while the exchange has made progress, further recommendations were made to ensure companies address internal control deficiencies and seek shareholder approval for auditor resignations. The SFC emphasized the importance of consistent identification of internal control issues to impose necessary resumption conditions for trading.

- The Hong Kong Securities and Futures Commission (SFC) has called for enhanced regulation of stock exchanges to better protect investors, following a review of compliance enforcement cases for 2024.  
- The SFC's investigation highlighted issues such as delays by auditors and the need for stricter internal control reviews by exchanges, recommending measures to ensure compliance with listing rules and shareholder approval for auditor resignations.  
- In 2024, the SFC identified 40 companies meeting conditions for resumption of trading after long suspensions, while emphasizing the importance of independent internal reviews for companies facing control deficiencies.

SCMP

SFC urges Hong Kong stock exchange to tighten listing, compliance rules

Today’s Key News Recap

0203 | Dolphin Research Focus: Macro/Industry. In early trading, Hong Kong stocks plunged on unverified tax rumors about revising the High-Tech Enterprise qualification and raising tax rates for internet and gaming. Against the backdrop that VAT changes for the telecom sector have already taken effect, the chatter quickly spread.It triggered a broad selloff across HK tech, internet, and gaming. Valuations were hit in the short term, risk aversion spiked, and funds rotated to safety.Dolphin Research has issued a First Take on this. See 'China ADRs: Tax Hike Rumor — The rationale behind the false alarm'...

Webull

Tesla

Alphabet - C

Alphabet

HKEX-R

Uber Tech

Palantir Tech

EASTROC

EASTROC BEVERAGE

WEBULL CORPORATION C/WTS 10/04/2030(TO PUR COM)

Tax-hike rumors rattled the market; Dongpeng Beverage's debut was 'lukewarm' | Daily News Recap

0109 | Dolphin Research Focus. 🐬 Macro/Industry 1) HKEX announced it will add six stock options effective Jan 19, covering names such as Zijin Gold Intl, Laopu Gold, and Horizon Robotics.The additions broaden derivatives choices and offer more risk management tools. They should also help lift liquidity in the underlying names.🐬 Single Stock 1) $Taiwan Semiconductor(TSM.US) TSMC reported Dec revenue of NT$335.03bn, down 2.5% MoM but up 20.4% YoY. 2025 YTD revenue rose 31.6% YoY...

Apple

Taiwan Semiconductor

JD-SWR

JD HK SDR 10to1

LAOPU GOLD

Laopu Gld HK SDR 50to1

Direxion Auspice Broad COM

TSM Q4 rev. seen >NT$1 tn; GOOGL integrates Gemini into Gmail | Daily News Recap

Baidu

Hot topic

Appraisal value

Long-rumored Kunlun Chip spin-off is now official as $Baidu(BIDU.US) announced it.On Jan 2, BIDU proposed to spin off Kunlun Chip Technology for an independent listing on the HKEX Main Board, while retaining control (59.45%).BIDU has filed confidentially, and the detailed prospectus is not yet public.Based on available information, Dolphin Research will first outline a few key questions.1. Kunlun Chip's origins and evolution? It traces back to BIDU's FPGA accelerator project launched in 2011...

BIDU-SWR

BIDU-SW

Baidu HK SDR 10to1

BIDU ADR US

Kunlun Chip IPO fast-tracks: Is BIDU's Google moment here?

1209 | Dolphin Research Focus: 🐬 Macro/Industry 1) Hong Kong Exchanges and Clearing Ltd. (HKEX) announced the HKEX Tech 100 Index, tracking the 100 largest Southbound Stock Connect-eligible tech names across six themes, including AI, biotech, and autonomous driving. The index fills a gap for a broad-based vehicle covering diversified China tech in HK and could attract more southbound flows.🐬 Single Stock 1) $NVIDIA(NVDA.US). Trump posted on Truth Social...

NVIDIA

Allianzim US Large Cap Buffer10 Mar ETF

POP MART

Bio-Techne

Mirae Asset Global Investments Co., Ltd.

GraniteShares 2x Long NVDA Daily ETF

XL2CSOPNVDA

XI2CSOPNVDA

YieldMax NVDA Option Income Strategy ETF

Direxion Daily NVDA Bear 1X ETF

T-Rex 2X Long NVIDIA Daily Target ETF

T-Rex 2X Inverse NVIDIA Daily Target ETF

Morgan Stanley

LEAPMOTOR

LI AUTO-W

NIO-SW

XPENG-W

POP MART HK SDR 20to1

MORGAN STANLEY DEP SHS REPS 1/1000 PFD SER 'A'

MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

MORGAN STANLEY DEP SHS REPR 1/1000TH INT PFD SER 'F' FX

MORGAN STANLEY NON-CUM DEP SH REP 1/1000 PFD SER I

MORGAN STANLEY DEP SHS REP 1/1000 NON-CUM PFD STK SER K

MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

MORGAN STANLEY DEP SHS EA REP 1/1000 SHS NON CUM PFD O

MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

MORGAN STANLEY DEP SHS REPSTG 1/1000TH PFD SER Q

Li Auto

NIO Inc. USD OV

NIO Inc

XPeng

HKEX debuts flagship Tech Index; NVDA H200 cleared for China exports | Daily News Recap

禾赛科技

Conference Minutes

The collaboration with BYD currently covers more than ten models, and more new models will gradually achieve mass production from 2025 to 2026.

Bloomage Biotech

Renaissance Ipo

Hello

Hesai

Pony AI

PONY-W

Hesai (3Q25 Minutes): Lidar shipments are expected to reach at least 2 million to 3 million units by 2026

SG#HKEX RP2812D(63465.HK)

The financing amount of Hong Kong stocks' IPOs has exceeded 100 billion this year, and the "A+H" market continues to expand

Air China's long position in Cathay Pacific Airways reduces to 77.47%, HKEX says

Hong Kong Regulator Plans Sponsor Inspections Amid Listing Quality Concerns

Hong Kong listings rush gathers pace with five companies seeking $678 million

Hong Kong ADRs Experience Decline Following Alibaba's Earnings Miss