--- title: "\"Hong Kong Stocks\" The Hang Seng Index fell 117 points in the half-day session, Xiaomi was under pressure after earnings, while oil and gold stocks rose" type: "News" locale: "zh-CN" url: "https://longbridge.com/zh-CN/news/266477557.md" description: "The Hong Kong stock market is watching NVIDIA's earnings and U.S. non-farm payroll data, with the Hang Seng Index down 117 points or 0.5% in the half-day session. Xiaomi's stock price fell 4.3% due to poor performance and a target price downgrade. Alibaba's stock price rose 0.5% as Jack Ma appeared at the Ant Group campus in Hangzhou. Weibo's stock price dropped 2.3% due to declining profit margins. Other tech stocks such as Tencent, Meituan, and JD.com generally fell. Battery stock CATL rose 2.4%, while lithium stocks Ganfeng and Tianqi rose 1.6% and 2.5%, respectively" datetime: "2025-11-19T04:25:49.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/266477557.md) - [en](https://longbridge.com/en/news/266477557.md) - [zh-HK](https://longbridge.com/zh-HK/news/266477557.md) --- > 支持的语言: [English](https://longbridge.com/en/news/266477557.md) | [繁體中文](https://longbridge.com/zh-HK/news/266477557.md) # "Hong Kong Stocks" The Hang Seng Index fell 117 points in the half-day session, Xiaomi was under pressure after earnings, while oil and gold stocks rose The market is waiting for Nvidia's earnings report and the US September non-farm payroll data, with Hong Kong stocks fluctuating downwards in the early session. The Hang Seng Index opened up 24 points, initially rising 115 points to 26,045 points before falling again, dropping 128 points to 25,801 points, closing down 117 points or 0.5% at 25,812 points; the National Index fell 32 points or 0.4% to 9,142 points; the Hang Seng Tech Index fell 55 points or 1% to 5,590 points. The total turnover of the market for the half-day was HKD 112.572 billion. Baidu (09888.HK) disclosed AI business revenue in its quarterly results, and the market continues to focus on advertising revenue, with the stock price falling 0.8%. Xiaomi (01810.HK) reported EBIT last quarter that fell short of some broker expectations and had its target price lowered, with the stock price dropping 4.3%. Jack Ma appeared at the Ant Group campus in Hangzhou, leading industry speculation that it may be related to AI strategic deployment, with Alibaba (09988.HK) rising 0.5%. Weibo (09898.HK) saw a decline in quarterly profit margins, resulting in multiple broker target price downgrades, with the stock price falling 2.3%. In other tech stocks, Tencent (00700.HK) and Meituan (03690.HK) fell 0.2% and 0.4%, respectively, JD.com (09618.HK) fell 0.9%, while Bilibili (09626.HK) and NetEase (09999.HK) rose 0.1% and 0.6%, respectively. Kuaishou (01024.HK), which will announce its quarterly results after the market close, fell 2.2%. Additionally, GDS Holdings (09698.HK) and Weimob (02013.HK) fell over 2%, while Chinasoft (00354.HK) fell 4%. In the chip sector, SMIC (00981.HK) fell 2.5%. In the wire sector, Yangtze Optical Fibre and Cable (06869.HK) rose 4.5%. In the automotive sector, BYD (01211.HK), Nio (09866.HK), and Li Auto (02015.HK) fell between 1.9% and 2.5%. In the autonomous driving concept stocks, Hesai (02525.HK) and Horizon Robotics (09660.HK) fell 2.1% and 2.6%, while Pony.ai (02026.HK) rose 3.1%. In the battery sector, CATL (03750.HK) rose 2.4%. In the lithium sector, Ganfeng Lithium (01772.HK) and Tianqi Lithium (09696.HK) rose 1.6% and 2.5%, respectively. In the financial sector, HSBC (00005.HK) and AIA (01299.HK) fell 1.1% and 1%, respectively, while Hong Kong Exchanges and Clearing (00388.HK) fell 0.2%. In the domestic insurance sector, PICC (01339.HK) rose 2.4%, while ZhongAn Online (06060.HK) fell 4.1%. NYMEX crude oil rose over 1%, with oil stocks Sinopec (00386.HK) rising 3.6%, and PetroChina (00857.HK) and CNOOC (00883.HK) rising 2.4% and 2%, respectively. Gold stocks Shandong Gold (01787.HK), China Gold International (02099.HK), and Zhaojin Mining (01818.HK) rose between 3% and 3.8% In terms of other stocks, Pop Mart (09992.HK) and China Duty Free Group (01880.HK) fell by 2.8% and 3.3%, respectively, while Miniso (01999.HK) dropped by 4.1%. Home Depot reported earnings below expectations for the third consecutive fiscal quarter, and Techtronic Industries (00669.HK) fell by 2.5% ### 相关股票 - [Xiaomi Corporation (XIACY.US)](https://longbridge.com/zh-CN/quote/XIACY.US.md) - [XIAOMI-W (01810.HK)](https://longbridge.com/zh-CN/quote/01810.HK.md) - [Alibaba (BABA.US)](https://longbridge.com/zh-CN/quote/BABA.US.md) - [BABA-W (09988.HK)](https://longbridge.com/zh-CN/quote/09988.HK.md) ## 相关资讯与研究 - [Evanson Asset Management LLC Purchases Shares of 5,080 Alibaba Group Holding Limited $BABA](https://longbridge.com/zh-CN/news/280440745.md) - [Alibaba develops next-gen chip for agentic AI, Chinese media says](https://longbridge.com/zh-CN/news/280250679.md) - [CATL's controlling shareholder to donate some A-shares](https://longbridge.com/zh-CN/news/281197776.md) - [Lithium Argentina Secures US$130 Million Ganfeng-Backed Loan to Advance Joint Venture Projects](https://longbridge.com/zh-CN/news/280521233.md) - [Ganfeng Lithium Turns to 2025 Profit](https://longbridge.com/zh-CN/news/281121946.md)