HS#ALIBARC2609M

CHK OIL

SHANDONG MOLONG

PETRO-KING

MIE HOLDINGS

D&G TECH

YUANHENG GAS

JX ENERGY

KINETIX SYSTEMS

YANCHANG PETRO

HAO WEN HLDGS

00632

00467

00883

09988

09618

01024

00700

On March 2nd, Hong Kong stocks closed with all three major indices retreating, with the Hang Seng Tech Index plummeting 2.89% and falling below the 5000-point mark. Market sentiment cooled, with technology and consumer heavyweight stocks experiencing widespread declines; Alibaba fell 4.55%, and Xiaomi Group dropped 5.04%. On the other hand, influenced by geopolitical tensions and soaring oil prices, the oil and gas exploration sector rose against the trend, with CNOOC increasing by 5.61% and CHK OIL soaring by 154.24%. Southbound funds continued to flow in, and the market is focused on subsequent macro data to verify the strength of economic recovery

- On March 2nd, Hong Kong's stock indices experienced a significant decline, with the Hang Seng Index down 2.14% to 26,059.85 points.  
- The energy sector saw a surge, driven by geopolitical tensions, with China National Petroleum jumping 154.24%.  
- In contrast, major retailers and tech stocks faced downward pressure, reflecting increased selling amidst a cautious market sentiment.

Market Heartbeat

UNITEDENERGY GP

CNOOC

BABA-W

MNSO

JD-SW

BIDU-SW

KUAISHOU-W

TENCENT

XIMEI RESOURCES

China Universal CSI Oil & Gas Resources ETF

Hong Kong Stock Market Closing | Hang Seng Index falls below 5000 points, CHK OIL surges 154.24%, oil and gas stocks explode against the trend

03690

STECH

BABA

MPNGY

KBAB

BABX

The Hang Seng Index closed at 26,059 points, down 570 points or 2.1%; the Hang Seng TECH Index reported 4,989 points, down 148 points or 2.9%. The total market turnover was HKD 357.679 billion. Major stocks such as Xiaomi Group, Meituan, and Alibaba all experienced declines, falling over 5% and 4% respectively. Stocks like Xinyi Glass, CNOOC, and PetroChina reached new highs with active trading

AASTOCKS

MEITUAN

Hang Seng TECH Index

XIAOMI-W

Hang Seng Index

Alibaba

Meituan

ALI HEALTH

CSEC/China Shenhua

XINYI GLASS

CHINA OILFIELD

PETROCHINA

CHINA SHENHUA

COSL

OOIL

KraneShares 2x Long BABA Daily ETF

BABA 2x Long Daily ETF - GraniteShares

According to the "All-Day Express," the Hang Seng Index fell by 570 points; the Hang Seng TECH Index dropped by 148 points. Xiaomi Group fell by over 5%, Meituan by over 4%, and Alibaba by over 4%. Xinyi Glass, CNOOC, PetroChina, OOIL, and China Shenhua hit new highs with active trading

On March 2nd, all three major indices of the Hong Kong stock market retreated, with the Hang Seng Index falling 2.01% during the session and the Hang Seng Tech Index dropping 2.63%, approaching the 5000-point mark. Market risk aversion intensified, putting pressure on the technology and retail sectors, with Alibaba down 3.99% and JD.com down 2.97%. Driven by geopolitical tensions leading to rising oil prices, the oil and gas sector surged against the trend, with China National Offshore Oil Corporation rising 4.5% and CHK OIL soaring over 137%. Funds became cautious, focusing on the upcoming macroeconomic data

- On March 2, Hong Kong stocks faced significant pressure, with the Hang Seng Index falling 2.01% to 26,096.5 points amid rising risk aversion.  
- The Hang Seng Technology Index dropped 2.63%, and the Market overall entered a consolidation phase after prior gains, while sectors like retail and internet content also experienced declines.  
- Conversely, the oil and gas exploration sector surged due to geopolitical tensions increasing oil prices, with China National Offshore Oil Corporation rising 4.50%.

ZHIHUI MINING

ZHONGYU ENERGY

Bosera CSI Oil & Gas Resources Index ETF

Yinhua CSI Oil & Gas Resources ETF

Guotai CSI Oil & Gas Industry ETF

Hong Kong stock market intraday | The Hang Seng Index fell 2.01%, technology and retail stocks were under pressure, while the oil and gas sector surged against the trend, with CHK OIL soaring over 137%

00568

On March 2nd, Hong Kong stocks collectively adjusted in the afternoon, with the Hang Seng Index falling 1.59% to 26,205.98 points, and the Hang Seng Tech Index dropping 2.12%. Market sentiment weakened, with the retail, internet, and hardware sectors generally under pressure. Despite news of a new car, Xiaomi still fell 4.58%. Risk aversion sentiment increased, flowing into the energy sector, with China National Offshore Oil Corporation rising 3.79% and Shandong Molong soaring 66.28%. The macro market is waiting for retail and export data to verify the strength of domestic demand recovery

- On March 2, Hong Kong's major indices experienced a decline, with the Hang Seng Index falling 1.59% to 26,205.98 points.  
- Retail and technology sectors faced significant losses, driven by low market sentiment and withdrawal of funds.  
- Despite the downturn, certain stocks, such as Shandong Molong and Zhonggang Petroleum, saw substantial gains, indicating a shift towards safer investment options in the energy sector.

LONGCHEER

LENOVO GROUP

JIAXIN INTL RES

YOFC

Shandong Molong

ChinaAMC CSI Petrochemical Industry ETF

Hong Kong Stock Midday Review | The Hang Seng Index fell 1.59% and entered a correction, while energy stocks surged against the trend, with Shandong Molong rising 66.28%

Alibaba's Qianwen AI glasses officially launched today, opening online and offline multi-channel reservations, with stock available for sale on Sunday at a price of 1,997 yuan. The product features top-tier hardware configurations and will connect to the Qianwen App, with takeout and hotel booking functions expected to be available by the end of March. In addition, Alibaba plans to launch AI rings, AI headphones, and other products, which will be showcased at the 2026 Mobile World Congress

- Alibaba's Qianwen has officially entered the AI hardware market with the launch of its AI glasses, available for pre-order starting today.  
- The glasses will be sold in China starting March 8 and are expected to enter the global market within the year, priced at 1,997 RMB after subsidies.  
- The product will integrate with the Qianwen app, offering features like food delivery and hotel bookings by the end of March, and will be showcased at the 2026 Mobile World Congress in Barcelona, along with other AI devices under the Qwen brand.

Stheadline

Alibaba's "Qianwen AI Glasses" go online today, with spot sales on Sunday at a price of 1,997 yuan after national subsidies

BABO

Alibaba launched its first AI hardware "Qianwen AI Glasses," and has opened online and offline multi-channel reservations, priced at 1,997 RMB. The product will be released in the Chinese market on March 8 and is planned to enter the global market within this year. Qianwen AI Glasses will connect to the Qianwen APP, with features such as food delivery and hotel booking expected to be launched by the end of March

YieldMax BABA Option Income Strategy ETF

Alibaba's "Qianwen AI Glasses" launched with a starting price of 1,997 RMB

01301

01921

On March 2nd, the Hong Kong stock market was affected by profit-taking, with the three major indices experiencing significant declines during the session. The Hang Seng Tech Index fell by 2.86%, leading the decline. The internet, hardware, and retail sectors generally weakened, with Xiaomi Group down 4.93% and Baidu down 4.04%. Despite the market adjustment, individual stocks like D&G TECH surged against the trend due to speculative factors. Market sentiment is cautious, and investors are closely monitoring the Hong Kong manufacturing PMI and liquidity changes

- On March 2, the Hong Kong stock market experienced significant declines across major indices, with the Hang Seng Index falling 2.57% to 25,945.88 points due to profit-taking pressures.  
- Key sectors such as retail and internet content suffered, with notable declines in Alibaba and Tencent shares, while macroeconomic factors like PMI and CPI data are closely monitored by investors for insights on local economic recovery.  
- Speculative trading was highlighted by sharp increases in stocks like Deji Technology and Sinopec, suggesting volatility amid broader liquidity concerns and geopolitical factors.

DALIPAL HLDG

Xiaomi Corporation

Baidu

Hong Kong stocks intraday | Three major indices fell, technology stocks led the decline, Xiaomi Group dropped 4.93%, Baidu fell 4.04%

06618

02618

Meituan, Taobao Flash Sale, and JD.com responded to the newly released takeout regulations. Meituan stated that it will fully implement food safety requirements and increase support for catering merchants. Taobao Flash Sale, in collaboration with ecological partners, will build a food safety co-governance system, emphasizing platform review and public supervision. JD.com Takeout insists on quality takeout, establishing multiple review mechanisms and launching new brands to enhance food safety standards. The new regulations will be implemented starting June 1, requiring takeout merchants to indicate no dine-in and verify their business qualifications with regulatory authorities

JD.com

JD HEALTH

JD LOGISTICS

Meituan, Taobao Flash Sale, and JD.com respond to new delivery regulations

09626

On the macro level, China's Two Sessions discuss the government work report and the 14th Five-Year Plan, while the U.S. February non-farm payrolls and the Federal Reserve's Beige Book will reveal the true state of employment. Geopolitically, the U.S. and Israel launch an attack on Iran, with Iran claiming it will initiate the most intense offensive, and new rounds of negotiations are taking place among Russia, Ukraine, and the U.S. On the industrial front, the Electronic Spring Festival kicks off at the 2026 Mobile World Congress, Alibaba Qianwen releases AI glasses, and Apple will hold a new product launch event next week. In terms of earnings reports, MiniMax, JD.com, Bilibili, Broadcom, Credo, and others will announce their performance results intensively

- The week of March 2nd to March 8th features major macroeconomic events like China's National People's Congress sessions and the U.S. non-farm payroll report, which may impact interest rate forecasts.  
- Additionally, geopolitical tensions rise with Iran's military actions against Israel and potential peace talks between Ukraine and Russia.  
- In tech, the Mobile World Congress will showcase innovative AI and communication technologies, with key product launches from companies like Alibaba and Apple.

Wallstreetcn

BILIBILI-W

MINIMAX-WP

Bilibili

KraneShares 2x Long JD Daily ETF

Next week's heavy schedule: China's Two Sessions, US Non-Farm Payroll, developments in Iran, MiniMax JD Bilibili financial report

KWEB

EBIZ

CLOU

American Century Companies Inc. increased its stake in Alibaba Group Holding Limited by 17.7% in Q3, acquiring 448,484 shares, bringing its total to 2,987,539 shares valued at approximately $533.96 million. Other hedge funds also adjusted their positions in Alibaba. The stock is currently down 2.7%, with a market cap of $343.98 billion and a P/E ratio of 19.90. Recent earnings missed estimates, with revenue of $34.80 billion, and analysts forecast 7.86 EPS for the fiscal year. Positive sentiment surrounds Alibaba's AI initiatives and cloud services, despite ongoing political uncertainties affecting stock performance.

- American Century Companies Inc. increased its holdings in Alibaba Group Holding Limited by 17.7%, owning 2,987,539 shares worth approximately $533,964,000 at the end of Q3.  
- Several hedge funds also adjusted their positions, with Primecap Management Co. and Fisher Asset Management LLC increasing their stakes, reflecting institutional interest in the stock.  
- Alibaba reported earnings of $0.61 per share last quarter, missing estimates, and has faced political and legal uncertainties affecting its stock performance, which currently holds a Moderate Buy rating from analysts.

Market Beat

Krne Csi China Internet

Global X E-commerce ETF

Global X Cloud Computing ETF

American Century Companies Inc. Acquires 448,484 Shares of Alibaba Group Holding Limited $BABA

Alibaba Group Holding Ltd (BABA) opened down by 3.06% on February 26, 2026, amid regulatory scrutiny and geopolitical tensions. The company faces increased oversight from the U.S. government and domestic regulators, impacting its financial outlook. Analysts have lowered profit forecasts due to concerns over AI investments and potential new U.S. tariffs. The stock shows a sell signal with a MACD value of [-1.49]. Despite a recent average price target of 198.42, investor sentiment remains cautious following missed earnings expectations and ongoing regulatory challenges.

- Alibaba Group Holding Ltd (BABA) opened down 3.06%, underperforming the Software & IT Services industry, which gained 1.08%.  
- The stock's decline is attributed to regulatory scrutiny after being placed on a U.S. government watchlist, raising geopolitical risks and compliance costs, alongside increased regulatory pressure in China impacting its operations and profitability.  
- Analyst sentiment remains cautious with recent downgrades and lowered profit forecasts amid concerns over the company's strategy in the competitive AI sector and potential new U.S. tariffs affecting its market standing.

TradingKey

Alibaba Group Holding Ltd Stock Opened Down by 3.06% on Feb 26: A Full Analysis

CASH

688688

89988

HBBD

Below is Dolphin Research's compiled FY25Q4 earnings call Trans for $Block(SQ.US). For the earnings analysis, see 'Block: US Alipay‑style platform slashes headcount by 40%! Is compute replacing labor?'.I. Core financial highlights review. II. Earnings call details; 2.1 Key messages from management.1) Core strategy and outlook. Rationale for the organizational overhaul: Despite strong 2025 performance, the company will reduce headcount from over 10,000 to just under 6,000...

Block (Trans): Layoff tailwinds to kick in Q2, margins to trend higher

---

Hohimer Wealth Management LLC has reduced its stake in Alibaba Group Holding Limited (NYSE:BABA) by 33.3%, selling 14,451 shares during the 3rd quarter. After the sale, the firm holds 28,986 shares valued at approximately $5.18 million. Other institutional investors have also adjusted their positions in Alibaba, with Primecap Management and Fisher Asset Management increasing their stakes. Analysts have mixed ratings on Alibaba, with a current average rating of "Moderate Buy" and a price target of $195.17. The stock is currently trading at $148.05, down 2.8%.

- Hohimer Wealth Management LLC reduced its stake in Alibaba Group Holding Limited by 33.3%, now owning 28,986 shares worth $5,181,000.  
- Other institutional investors have adjusted their holdings, with Primecap Management Co. CA increasing its stake by 0.7%, while Fisher Asset Management LLC grew theirs by 8.0%.  
- Analysts have varying ratings on BABA, with a current average rating of "Moderate Buy" and an average price target of $195.17, amid recent fluctuations and ongoing market conditions.

Hohimer Wealth Management LLC Sells 14,451 Shares of Alibaba Group Holding Limited $BABA

601869

On February 27th, all three major indices of the Hong Kong stock market closed higher, with the Hang Seng Index rising 0.95% to 26,630.54 points, indicating a moderate recovery in market sentiment. Sector performance was mixed; boosted by demand for AI computing power, Longbridge surged 10.06%, while Cambridge Technology fell 8.28%. Large tech stocks showed varied performance, with Tencent Holdings up 1.17%, Kuaishou down 1.18%, and Alibaba slightly down 0.07%. The current market is in a data vacuum period, with funds maintaining high-level fluctuations and consolidating, awaiting further guidance from macro policies

- On February 27, the Hong Kong stock market closed higher, with all three major indices rebounding after a short-term adjustment, signaling a moderate recovery in market sentiment.  
- The Hang Seng Index rose by 0.95% to 26,630.54 points, indicating strong resistance despite not reaching prior highs, while the Hang Seng Technology Index and the Hong Kong Enterprise Index also increased slightly.  
- Focus shifts to post-holiday liquidity and corporate earnings expectations amidst a lack of key macroeconomic data, with investors eyeing U.S. Federal Reserve policies and mainland growth strategies.

STARCOIN GROUP

CCOE

SANERGY GROUP

MAINLAND HOLD

ONEFORCE HLDGS

Tencent Holdings Limited

Hong Kong stock market closing | Hang Seng Index rose 0.95%, stabilizing at 26,600 points, YOFC surged 10.06%, Tencent rose 1.17%

I’m bullish on defense and semiconductor stocks.

Featured

Dacai

Spot gold broke through $5,300 per ounce, with a gain of over 2%.Precious metals remain the cornerstone in various conflicts. Gold is still bullish.

GLD SG

Apple

Tiffany lover

Lum Chang

Oil spiked hard on heightened Iran–U.S./Israel conflict and shipping fears and gold punched through major safe haven levelsShifting some cyclicals, adding energy and gold exposure, and staying cautious on high-beta tech into key macro prints.Bullish energy, defense and gold into the volatility backdrop.

Victor y

Total asset size ranks among the top 50% of account holders
Calculated based on  your Longbridge (Singapore) A/C

Total Assets

Commemorative

Markets on edge: Oil spikes, futures dive, gold shines. Jobs data &amp; AI glasses in focus. Share your take &amp; earn Task Coins!

NVIDIA

Nokia

Broadcom

SPDR Gold Shares

iShares Silver Tr

Pro Ultr Silver

Invesco QQQ Trust

SPDR S&P 500

Credo Tech

Cisco

Apple Group

🔥 Market Flash: Iran Conflict Shakes Markets, MWC Kicks Off | Mar 2, 2026

BABA-WR

Alibaba HK SDR 5to1

JD-SWR

JD HK SDR 10to1

I have already mentioned in my earlier posts that markets were about to pullback. The technicals were already showing how ‘edgy’ the markets were. But as usual, narratives are being painted. Stay safe!

Get ready, Trump TACO is coming. He will TACO everything so just ignore anything related to him!!!

It's gona be a very volatile week again. Why can trump give us some peace. He ain't deserving of any peace prize.

Nothing to look here, just walk along. Everyone please turn a blind eye from the middle east. Bull is incoming!

Markets will be brushing off the Iran issue as honestly, Iran is very insignicant in the world?

gonna be a volatile week for stocks..congrats to those have gold

Alibaba AI glasses today? Might grab some BABA calls for the hype🤔

HS#ALIBARC2609M(65821.HK)

Hong Kong Stock Market Closing | Hang Seng Index falls below 5000 points, CHK OIL surges 154.24%, oil and gas stocks explode against the trend

According to the "All-Day Express," the Hang Seng Index fell by 570 points; the Hang Seng TECH Index dropped by 148 points. Xiaomi Group fell by over 5%, Meituan by over 4%, and Alibaba by over 4%. Xinyi Glass, CNOOC, PetroChina, OOIL, and China Shenhua hit new highs with active trading

Hong Kong stock market intraday | The Hang Seng Index fell 2.01%, technology and retail stocks were under pressure, while the oil and gas sector surged against the trend, with CHK OIL soaring over 137%

Hong Kong Stock Midday Review | The Hang Seng Index fell 1.59% and entered a correction, while energy stocks surged against the trend, with Shandong Molong rising 66.28%

Alibaba's "Qianwen AI Glasses" go online today, with spot sales on Sunday at a price of 1,997 yuan after national subsidies