BI#HSI RC2809K

CHK OIL

SHANDONG MOLONG

PETRO-KING

MIE HOLDINGS

D&G TECH

YUANHENG GAS

JX ENERGY

KINETIX SYSTEMS

YANCHANG PETRO

HAO WEN HLDGS

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The ongoing conflict in the Middle East is expected to increase airfares for Hong Kong travelers, as many are now opting for more expensive direct flights to Europe due to the suspension of major transit hubs in Dubai and Doha. Analysts indicate that rising demand for direct flights will lead to higher ticket prices, particularly affecting business travelers. Concerns are growing among travelers about the potential spread of the conflict, prompting shifts in travel plans towards safer regions. The disruptions are also impacting cargo routes, with shipments being rerouted through alternative paths.

南华早报

FI CSOP HSI

CSOP HSI ETF

FL2 CSOP HSI

Hang Seng Index

ISHARESHSI

China Southern Hang Seng ETF

ChinaAMC Hang Seng ETF

TRACKER FUND

FI2 CSOP HSI

Middle East conflict to drive up airfares for Hong Kong travellers: analysts

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Hong Kong and Shanghai have signed a memorandum of understanding to enhance collaboration in digitized cargo trade finance and cross-border data integration. The agreement aims to promote the use of electronic bills of lading and facilitate the integration of mainland China's trade data with the global ecosystem. This initiative is part of HKMA's Project CargoX, which seeks to modernize trade finance and strengthen Hong Kong's role as an international trading hub. The collaboration reflects ongoing growth in trade finance between the two regions despite international tensions.

- Hong Kong and Shanghai have signed an agreement to enhance cooperation in promoting digital cargo trade financing and strengthen the connection between mainland China's data ecosystem and the global market.  
- The memorandum of understanding (MOU) facilitates the exploration of digital trade financing, including the use of electronic bills of lading to replace traditional documentation.  
- Despite international tensions, this partnership reflects growing trade financing between mainland China and Shanghai, with significant increases in cargo throughput and a strong trade surplus reported.

SSE Index

Hong Kong, Shanghai sign pact on digital trade finance, cross-border data link

Conflicts in the Middle East have underscored Hong Kong's appeal as a safe and stable talent hub, according to Labour Secretary Chris Sun. He emphasized that safety is crucial for attracting global talent, especially amid geopolitical tensions. The upcoming Global Talent Summit Week aims to draw over 7,000 attendees and promote Hong Kong's opportunities. Since 2022, over 270,000 non-locals have settled in Hong Kong, aided by the Top Talent Pass Scheme targeting high-income earners and top graduates. The initiative seeks to reverse brain drain and enhance integration for new arrivals.

Middle East tensions highlight Hong Kong’s stability, opportunities: minister

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The Research Department of Centaline Property pointed out that in February 2026, the overall number of property transactions recorded 7,923 cases, with a total value of HKD 62.42 billion, an increase of 3.8% and 9% compared to January. This number is the second highest in 22 months, reflecting that the Lunar New Year was delayed until February, prompting buyers to enter the market early. In February, the primary private residential market recorded 2,557 cases and HKD 27.53 billion, a significant increase of 66.6% and 43.7%. New project sales were strong, and it is expected that registrations in April will stabilize around 8,000 cases. In the secondary residential market, February recorded 3,918 cases and HKD 29.81 billion

AASTOCKS

SANHE

HSTECH ETF

In "Hong Kong Property," Centaline: The overall number of property transactions in February approached 8,000, reaching the second-highest level in 22 months

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The Hang Seng Index fell 2.1% today, closing at 26,059 points, while the Tech Index fell below 5,000 points. Market sentiment is low due to military actions by the United States and Israel against Iran. Last Friday, the Dow Jones and Nasdaq fell by 1.1% and 0.9%, respectively. The National Committee of the Chinese People's Political Consultative Conference will convene this Wednesday, with the Shanghai Composite Index slightly up. Northbound trading saw a net inflow of 16.214 billion yuan, while Southern Hang Seng Technology stocks fell by 2.8%

ChinaAMC Hang Seng Technology ETF(QDII)

CSOP HS TECH

China Southern Hang Seng TECH ETF(QDII)

Dacheng Hang Seng Technology ETF(QDII)

Huatai-PB CSOP Hang Seng Technology ETF(QDII)

Hang Seng TECH ETF I

Hang Seng TECH Index

Tianhong Hang Seng TECH ETF(QDII)

The Market Review: Hang Seng Index falls 2%, Tech Index breaches the 5,000 mark, financial and airline stocks face selling pressure

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Hong Kong plans to expand tax exemptions for family offices and funds from international organizations to enhance its status as a wealth management hub. The government will propose a bill to the Legislative Council to include more investment products like private credit, gold, and digital assets for tax exemptions. This initiative aims to attract more funds and family offices, with a minimum asset requirement of HK$240 million for fund-of-one structures. The current tax incentives have already increased the number of family offices in Hong Kong by 25% over two years, reaching 3,380 by the end of last year.

EFUND GOLD MI-R

EFUND GOLD MI ETF

EFUND GOLD MI-U

Hong Kong to expand tax waivers for family offices, pension fund investment

Hong Kong Stocks End Lower as Middle East Conflict Intensifies

marketscreener

Hong Kong Stocks End Lower as Middle East Conflict Intensifies

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The total turnover of Hong Kong stocks for the day was HKD 357.679 billion. Warrants accounted for 2.29%, reaching HKD 8.185 billion. The turnover of blue-chip and state-owned enterprise constituent stocks was HKD 147.624 billion and HKD 125.584 billion, respectively. The turnover of Hang Seng TECH Index constituent stocks was HKD 84.838 billion

CAM HS TECH

ISHARESHSTECH

GX HS TECH

Warrants accounted for 2.29% of the total market turnover for the entire day

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36Kr learned that the Hang Seng Index closed down 2.14%, and the Hang Seng Technology Index fell 2.89%; the semiconductor, retail, and pharmaceutical biotechnology sectors led the decline, with Tianzu Zhixin down over 10%, JOINN down over 7%, and Meituan and Alibaba down over 4%; the oil and petrochemical, non-ferrous metals, and coal sectors saw the largest gains, with Shandong Molong up over 115%, SD-GOLD up over 7%, and China Coal Energy up over 3%; southbound funds had a net purchase of HKD 16.214 billion

36Kr

JOINN

SD-GOLD

ISHARESHSI-R

KraneShares 2x Long BABA Daily ETF

Guotai CES Semiconductor Chip Industry ETF

BABA 2x Long Daily ETF - GraniteShares

ISHARESHSI-U

Krne Csi China Internet

XI2CSOPHSTECH

GTJA Allianz SSE STAR Chip Design Thematic ETF

Meituan

MEITUAN

BABA-W

The Hang Seng Index closed down 2.14%, and the Hang Seng Technology Index fell 2.89%

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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

XIAOMI-W

Alibaba

ALI HEALTH

CSEC/China Shenhua

XINYI GLASS

CHINA OILFIELD

PETROCHINA

CHINA SHENHUA

CNOOC

COSL

OOIL

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

36Kr learned that the net inflow of southbound funds exceeded HKD 11 billion

Net inflow of southbound funds exceeds HKD 11 billion

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The Hong Kong Monetary Authority, the Shanghai Municipal Bureau of Data, and the National Blockchain Technology Innovation Center have signed a Memorandum of Understanding to enhance digital cooperation in freight trade and finance. This agreement aims to leverage Hong Kong's strengths to facilitate connectivity and support Shanghai's integration into the international data ecosystem. The parties will explore innovative applications of digital technology, including a cross-border platform for financial cooperation and the use of electronic bills of lading to enhance trade finance between the two cities.

CoinLive

CSI 300

The Hong Kong Monetary Authority, the Shanghai Municipal Bureau of Data, and the National Blockchain Technology Innovation Center signed a memorandum of understanding.

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

The net inflow of southbound funds reached HKD 3 billion

$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

TENCENT

CSOP A50 ETF-R

CSOP A50 ETF

XL2CSOPHSTECH

GEELY AUTO

POP MART

Li Auto

TENCENT-R

Tencent HK SDR 10to1

Tencent

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)

BI#HSI RC2809K(66598.HK)

Middle East conflict to drive up airfares for Hong Kong travellers: analysts

Hong Kong, Shanghai sign pact on digital trade finance, cross-border data link

Middle East tensions highlight Hong Kong’s stability, opportunities: minister

In "Hong Kong Property," Centaline: The overall number of property transactions in February approached 8,000, reaching the second-highest level in 22 months

The Market Review: Hang Seng Index falls 2%, Tech Index breaches the 5,000 mark, financial and airline stocks face selling pressure