【Hong Kong Stock Market】Hang Seng Index opens 37 points higher, JD.com-related stocks rise after earnings, JD.com up over 1%, Bilibili drops over 2% (updating)

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【Hang Seng Index / Hang Seng Index / HS/HSI / Hong Kong Stocks / Night Futures / ADR】 Hong Kong stocks remain stable, with the Hang Seng Index opening 37 points higher at 25,358, with a turnover of HKD 4.34 billion. The Tech Index rose 0.5% to 4,818 points. JD.com-related stocks performed well after earnings, with JD.com (09618) up over 1%, JD Health (06618) up over 3%, and JD Logistics (02618) up over 6%. Bilibili (09626) fell more than 2% after earnings. China National Petroleum (00857) rose over 1%, China Oil (00883) up 0.2%.

US stocks update continuously, see: Next page

Financial Daily:

▲ Financial Daily

Market Trends:

【09:23】 Hang Seng Index opens 37 points higher at 25,358, with a turnover of HKD 4.34 billion. Tech Index up 0.5% at 4,818. JD.com-related stocks perform well after earnings, with JD.com (09618) up over 1%, JD Health (06618) up over 3%, JD Logistics (02618) up over 6%. Bilibili (09626) drops more than 2%. China National Petroleum (00857) up over 1%, China Oil (00883) up 0.2%.

【9618 Earnings】 JD.com’s Q4 adjusted net profit drops 90%, new business losses expand to 14.8 billion RMB. CEO: Delivery investments will be lower than last year (Second Edition).

【JD.com Earnings】 JD Logistics’ net profit last year increased 7%, JD Health earned 29% more, gross profit margin rose to 24.8%, JD Industrial’s profit more than doubled.

【Bilibili (9626) Earnings】 Bilibili’s Q4 revenue increased 8% year-over-year, adjusted net profit of 880 million RMB far exceeds expectations.

【09:03】【Hong Kong Stock Connect】 Muyuan Foods and Dazhuan CNC added to the Shenzhen-Hong Kong Stock Connect list.

【08:54】 Hang Seng Futures down about 150 points, at 25,215.

【08:38】【Iran Crisis】 Concerns over prolonged Middle East conflict, NYMEX crude oil surpasses $80, Brent crude rises nearly 5%, US Department of Homeland Security considers various options to control oil prices.

【07:45】【Morning Briefing】 JD.com’s Q4 adjusted net profit drops 90%, CEO: delivery investments will be lower than last year | Bilibili’s Q4 revenue up 8% year-over-year.

【07:45】 Market worries about Iran’s counterattack, Brent crude up 3%, night futures close down 150 points, at 25,037. China concept stocks fall 1.4%, closing at 6,913. JD.com US stocks up 3%.

ADR Converted HKD Change from Hong Kong close
JD.com (US) 99.58 +2.71%
Meituan ADR 73.46 -1.39%
Tencent ADR 501.30 -0.14%
HSBC ADR 134.10 +0.15%
Alibaba (US) 127.41 +0.88%

More Hong Kong ADRs and Chinese concept stock quotes:

▼ Click image to enlarge

【07:30】 Geopolitical tensions push up international oil prices, US bond yields rise. Dow Jones drops over 1,162 points at one point, closing down 784 points at 47,954; Nasdaq once down 1.35%, recovered most losses to close down 0.26% at 22,748; S&P 500 down 0.57% at 6,830.

See US stock market close:

▼ Click image to enlarge

Hong Kong stocks yesterday’s market, details see: 【Hong Kong Night Futures + ADR + Northbound Funds】 JD US stocks up 3%, night futures close down 150 points

Financial Hot Talk

Middle East conflict threatens oil supply. Will oil prices break $100? Could this impact the global economy?

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