【Hong Kong Stock Market Close】Hang Seng Index rises 368 points; Xiaomi rises over 5%; BYD and CATL rise nearly 8%; Mao Ji Kwai Chung surges 1.4 times again (continuously updated)

【Hang Seng Index / Hang Seng / HSIC / Hang Seng Index / HSI / Hong Kong Stocks / Night Futures / ADR】Hong Kong stocks rose over 300 points. The Hang Seng Index opened 29 points lower at 25,436, then fluctuated upward, rising 368 points to close at 25,834. Turnover was HKD 264.45 billion. The Tech Index increased by 2.7%, closing at 5,111 points. Xiaomi (01810) rose over 5%, ATM increased from 1% to 3%, BYD (01211) surged nearly 8%, CATL (03750) rose nearly 8% again, and the two oil giants retreated 0.5% and 1% against the trend. Zhipu (02513) rebounded 14%, MINIMAX (00100) gained over 1%, and McDonald’s Kwai Chung (01716) rose another 1.4 times.

US stocks updates ongoing, see details on: Next Page

Financial Daily:

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Market Movements:

[16:10] Hang Seng Index up 368 points, closing at 25,834, with a turnover of HKD 264.45 billion. The Tech Index up 2.7%, at 5,111 points. Xiaomi (01810) rose over 5%, ATM increased from 1% to 3%, BYD (01211) surged nearly 8%, CATL (03750) rose nearly 8% again, and the two oil companies fell 0.5% and 1% against the trend. Zhipu (02513) rebounded 14%, MINIMAX (00100) gained over 1%, and McDonald’s Kwai Chung (01716) rose another 1.4 times.

[16:00] Hang Seng Index futures up 367 points, at 25,833, with a turnover of HKD 257.03 billion.

[15:35] [Financial Center] Paul Chan: Hong Kong should not only be a “pass-through” but also develop into an “International Financial Platform” — three areas to focus on.

[15:30] [Major Bank Views] Fubon Financial’s Jiajia: Hong Kong stocks’ valuation and profit growth are attractive; foreign capital may flow into China and Hong Kong markets.

[15:19] Hang Seng Index in late trading up nearly 350 points, at 25,810, up 345 points, with HKD 226.8 billion in turnover. The Tech Index up 2.7%, at 5,112 points.

[15:10] [HSBC] From May, HSBC branch counters will charge HKD 5 per transaction; see which clients are exempt!

[15:10] [Major Bank Views] Morgan Asset Management’s Zhou Wantong: China and Hong Kong markets are resilient; there is room for low-cost absorption in the medium to long term.

[15:00] Superstar Legend (06683) rose over 20%, reaching a high of HKD 10.48.

[14:21] Market expanded to a 380-point gain.

[13:44] [AI+9988] Alibaba reportedly launching an enterprise AI assistant as early as this week, integrating Taobao and Alipay services.

[13:19] [1347] Huahong Semiconductor rose over 8%; Reuters reports Huahong has developed 7nm chip manufacturing technology.

[13:09] Hong Kong stocks in early afternoon up over 300 points, Hang Seng at 25,810, up 345 points, with HKD 154.1 billion in turnover. The Tech Index up 2.5%, at 5,104 points.

[12:45] [Major Bank Views] UBS’s Ming: Under Middle East conflict, Chinese assets show strong risk resistance and diversification benefits; Hong Kong is a preferred safe haven.

[12:36] [1478 Earnings] Qiao Tiex Technology’s profit increased over 4.3 times last year; final dividend tripled to HKD 0.40.

[12:14] SF Express Hong Kong adjusts fuel surcharge, HKD 1 per ticket.

[12:13] [E-wallet] PayMe launches “Consumer Cashback” platform, users can earn up to 15% cash back at three major spending platforms.

【12:00】 Hang Seng Index half-day fluctuated and rebounded 290 points, at 25,756, with HKD 143.5 billion in turnover. The Tech Index up 2.2%, at 5,089 points. Xiaomi (01810) rose 5%, ATM increased 0.8% to nearly 4%, CATL (03750) rose over 4%, BYD (01211) surged over 5%, McDonald’s Kwai Chung (01716) rose nearly 1.3 times, hitting a new high of HKD 4.24.

[11:47] Market expanded to about 300 points.

[11:38] Hong Kong stocks midday close, up about 235 points, at 25,700, with HKD 132.0 billion in turnover. The Tech Index up 1.7%, at 5,065 points.

[11:30] [New IPO] Biotech AI company BaiTu Shengke reportedly files secretly, raising hundreds of millions USD; Baidu’s Robin Li involved in founding, with Hong Kong investment.

[11:29] McDonald’s Kwai Chung (01716) surged 1.4 times again, hitting a high of HKD 4.09, with HKD 120 million in turnover.

[11:07] [Xi-Trump Meeting] Trump says “possible delay” of meeting with President Xi Jinping.

[10:35] [AI+2513] Zhipu’s stock once rose 16%; announced Lobster-based model GLM-5-Turbo, API prices up 20%, and launched “Lobster Package.”

[10:15] Market slightly up 100 points, Hang Seng at 25,580, up 114, with HKD 77.4 billion in turnover. The Tech Index up 0.9%, at 5,024 points. Meituan (03690) up 3%, JD.com (09618), Xiaomi (01810) up 2%.

[10:15] McDonald’s Kwai Chung (01716) soared nearly 80%, hitting a high of HKD 2.97, currently up over 60%, at HKD 2.75, with HKD 58.76 million in turnover.

[10:08] [01810] Xiaomi stock up over 2%; new SU7 model to be released Thursday at 7 pm.

[10:08] CATL (03750) rose over 6%, hitting a new high of HKD 663.5.

[09:41] Hong Kong stocks in early session fell about 140 points, at 25,325.

[09:39] [1428] Yau Chai Securities temporarily suspended at 3:16; Ant Group’s buyout period ends 3.25.

[09:38] McDonald’s Kwai Chung (01716) up 30%, hitting a high of HKD 2.22, with HKD 20.04 million in turnover.

[09:37] [1978] Sufu Lou reports profit warning, expects to turn profitable last year with about HKD 2 million profit.

[09:32] Huachen China (01114) stock fell 16% early, low of HKD 2.83.

【11:14 profit warning】 Huachen China expects last year’s profit to decrease by no more than 40% year-on-year.

[09:29] Zijin (02899) down 2%; Zijin Gold International (02259) down 3%; Lingbao Gold (03330) down half; China Gold (02099) down over 2%; Shandong Gold (01787) down over 2%.

Gold Price Trend Gold falls below USD 5,000, Middle East war enters third week, oil prices continue to rise.

[09:22] Hang Seng Index opened 29 points lower at 25,436, with HKD 3.85 billion in turnover. The Tech Index up 0.2%, at 4,988 points. Meituan (03690), JD.com (09618) up over 1%, Tencent (00700) up 0.6%, Alibaba (09988) up 0.3%, HSBC (00005) down over 2%.

[09:07] Hang Seng futures up about 92 points, at 25,530.

[08:52] [100] Minimax to “drop P” starting Wednesday; if annual revenue meets the threshold, will be considered a commercialized company.

[08:38] [New IPO] Kailer Technology (2729) raises up to HKD 750 million; logistics robot provider; initial fee HKD 4,121.

[08:17] [New IPO] Zejing Co. (2632) raises up to HKD 780 million; mainland auto HUD solutions provider; initial fee HKD 2,424.

[07:59] FWD earnings: FWD Group’s total new business value increased 11% year-on-year; new business sales up 25%.

[07:45] [Morning Highlights] Tencent earnings on Wednesday, broker outlook positive on revenue, focus on AI performance; Alibaba releases Thursday, brokers expect 42% profit decline after adjustments. Night futures continue to be affected by Iran conflict, closing up 120 points at 25,481, with the Chinese concept stock index up 0.8% at 7,148; JD.com US stocks and Hong Kong stocks both up 1%.

| ADR | HKD Equivalent | Change from HK Market Close | | Meituan ADR | 75.76 | -0.24% | | Tencent ADR | 547.70 | +0.04% | | HSBC ADR | 122.46 | -0.03% | | Alibaba US Stock | 132.35 | -0.11% |

More Hong Kong ADRs and Chinese concept stocks quotes:

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[07:30] Middle East tensions intensify, US stocks declined last Friday, Dow Jones opened slightly higher then rose up to 446 points, then fluctuated and fell 183 points, closing at 46,558, down 119 points. S&P 500 fell 0.61%, Nasdaq down 0.93%.

See US market close:

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