MS#HSI RC28072

Hang Seng Index Futures Open 1.24% Lower in Day Session

Update on HSCEI Bull and Bear Street Position Distribution

HSI Futures Evening Session Closes Down 1.05% at 26703

14 Provinces Implement Electronicized Notarized Documents for Hong Kong Investors

Central Bank of UAE and HKMA Hold Financial Services Cooperation Meeting

HSI Night Index Rises by 168 Points

Update on Bull and Bear Warrant Street Positions of Hang Seng Index

Hong Kong Dollar Hibor 普遍下跌创近期新低

HSI Futures Day Session Opens Up 1.98% at 27,069.32

Hong Kong Futures Night Session Rises by 1.85%

Hang Seng Index Futures Night Session Rises 1.8%, Closes at 27053 Points

Hang Seng Index Futures Down 1.72% at Open to 26,418

HANG SENG NIGHT FUTURES CLOSE AT 26534 POINTS DOWN BY 1.173% ON FEB 5

CITIC Securities HK Index Bull and Bear Certificates Street Cargo Data Changes

Hong Kong Index Futures Fall Over 1% in Overnight Trading

HSI futures up 31 points, China Enterprises Index futures flat, Tech Index futures down 99 points

Deloitte Forecasts Hong Kong Retail Market to Grow by Nearly 8% in 2026

Hong Kong Budget to Fully Reference the 15th Five-Year Plan

HSI Futures Open Down 0.47% in Day Session

HSI Futures Evening Session Closes Down 0.85% at 26,590

GUANZE MEDICAL

PCPD

STARCOIN GROUP

HUILI RES

TIMES UNI GP

MANY IDEA CLOUD

WALNUT CAP

SILKWAVE INC

HUA LIEN INT'L

WAI CHUN GROUP

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0HSCI

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00HSI

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Hongkongers are traveling in large numbers for a nine-day Lunar New Year break, with many heading to various Asian destinations. The Hong Kong International Airport saw long queues as families and individuals checked in for their trips. The Immigration Department anticipates 11.38 million trips during the holiday period, a 16% increase from last year. Travelers are taking advantage of the extended holiday, with some planning trips to places like Taipei and Osaka, while others prefer shorter trips to celebrate with family.

南华早报

FI CSOP HSI

Hang Seng Composite Index

FI2 CSOP HSI

TRACKER FUND

CSOP HSI ETF

Hang Seng Index

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Savvy Hongkongers book 9-day Lunar New Year break for festive trips across Asia

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HSCCI

China's Wang Yi, in meeting with German and French foreign ministers: China's development is an opportunity for Europe, and Europe's challenges do not come from China

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SSE Index

Huaan France CAC40 ETF(QDII)

Shenzhen Index

Hang Seng China-Affiliated Corporations Index

China's Wang Yi, in meeting with German and French foreign ministers: China's development is an opportunity for Europe, and Europe's challenges do not come from China

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The Hang Seng Index main continuous night session closed up 0.11%, at 26,560 points. The Hang Seng TECH Index main continuous night session closed up 0.39%, at 5,369 points

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Hang Seng TECH Index

China Southern Hang Seng ETF

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CATL has been added to Hong Kong's Hang Seng Index, effective March 9, following a cumulative rise of 75% since its listing on May 20, 2025, with a market cap of HK$2.36 trillion ($302 billion). WeRide and Pony AI have joined the Hang Seng Composite Index, while Horizon Robotics is now part of the Hang Seng China Enterprises Index. WeRide is valued at HK$20.4 billion and Pony AI at HK$49.7 billion. CATL leads the global EV battery market with a 39.2% share in 2025.

CnEVPost

CATL

Pony AI

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PONY-W

CATL added to Hong Kong's Hang Seng Index; WeRide, Pony AI join Hang Seng Composite Index

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DRAG

MCHI

China Housing Doldrums Continue in 2026

NASDAQ Golden Dragon China Index

Roundhill China Dragons ETF

Invesco Golden Dragon China

iShares MSCI China

China Housing Doldrums Continue in 2026

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Hong Kong stocks fell sharply on the last day before the long holiday, with the Hang Seng Index closing at 26,567 points, down 465 points or 1.7%. Meituan plummeted 3.2%, hitting a two-year low, and Zijin Mining dropped 7.6%. The overall market turnover was HKD 257.5 billion, with a net inflow of HKD 20.22 billion from the north. The three major indices rose slightly for the week, with the National Index closing at 9,032 points, down 142 points, and the Tech Index reporting 5,360 points, down 48 points. The resources and precious metals sectors faced a sell-off, and traditional financial stocks also performed weakly

- Hong Kong's stock market faced heavy selling pressure before a long holiday, with the Hang Seng Index closing down 465 points at 26,567.  
- Major indices experienced slight weekly gains despite the day's decline; Meituan performed poorly, while Innovent Biologics and WuXi AppTec showed better results among blue chips.  
- Analysts suggest continued pressure on the market as tech stocks remain weak, anticipating potential testing of support around 26,300 points next week.

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Zijin Mining

Meituan

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The Hang Seng Index fell by 465 points, Meituan dropped sharply by 3%, and Zijin Mining declined by 8%. Experts expect the market to be weak in the first half of the day before the holiday｜Hong Kong stock market closing

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Hang Seng Index Company has announced an expansion of its constituent stocks from 88 to 90. According to Jin10, the new additions include Ningde Times, Luoyang Molybdenum, and Lao Pu Gold, while Zhongsheng Group Holdings Limited has been removed from the index.

CoinLive

CMOC

STOCKS | Hang Seng Index Expands with New Additions

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JP Morgan's recent report pointed out that the current market expectations for the earnings growth of Chinese enterprises in the fourth quarter of 2025 are relatively low, with significant upside revision potential. The financial sector is overly pessimistically priced, and the assumed quarter-on-quarter decline of 58% may be difficult to realize. Among the disclosed performances, the positive forecast rate for sectors such as capital markets, industry, and electricity exceeds 60%, indicating structural prosperity signals

Fullgoal CSI 800 Banks ETF

Huatai-PB CSI 300 ETF

Tianshun

HSCEI ETF

Hwabao WP CSI All Share Investment Banking & Brokerage ETF

Defiance Daily Target 2X Long JPM ETF

E Fund CSI 300 ETF Initiating Fund

JPMorgan Chase

CSI 300

ChinaAMC CSI Banks ETF

Hang Seng China Enterprises Index

Hwabao WP CSI Banks ETF

ChinaAMC Hang Seng ETF

Huaan CSI Banks ETF

GF Fund CSI HK Connect Financials(ex Banks) Thematic ETF

WP CSI Banks ETF

Guotai CSI All Share Investment Banking & Brokerage ETF

Yinhua CSI All Share Investment Banking & Brokerage ETF

Earnings season brings surprises! JP Morgan: The market's earnings expectations for Chinese companies are too low!

Hong Kong stocks fell today along with the external market, with the Hang Seng Index dropping 465 points or 1.7%, closing at 26,567 points. The market's expectations for a U.S. interest rate cut have cooled, leading to a sell-off in technology stocks. Northbound capital recorded a net inflow of HKD 20.219 billion, the highest level since February 5. In January, U.S. non-farm employment increased by 130,000, and the unemployment rate fell to 4.3%

AASTOCKS

"Market Review" Hang Seng Index continues to decline, northbound capital net inflow of 20.2 billion, financial stocks under pressure

The residential land on East Street in Shau Kei Wan closed for bidding today, receiving 8 bids, with an estimated land value of approximately HKD 915 million and a floor area price of about HKD 7,000 per square foot. Centaline Surveyors pointed out that the atmosphere in the Hong Kong property market has improved, market demand is stable, and developers' willingness to invest in land is rising. The site area is approximately 14,521 square feet, with a maximum floor area of up to 130,695 square feet. The project is located near a MTR station and has complete living facilities, attracting developers to invest

In "Hong Kong Property," Centaline: Shau Kei Wan residential land received 8 bids meeting expectations, with a land valuation of HKD 915 million and a floor price of HKD 7,000 per square foot

China's M2 money supply rose by 9.0% in January, exceeding the expected 8.4%. New yuan loans reached ¥4.71 trillion, below the ¥5.00 trillion forecast but higher than last year's ¥5.13 trillion. This increase is typical for the new year as authorities aim to boost liquidity ahead of the Chinese New Year. The cumulative target for new yuan loans in 2025 is ¥16.27 trillion, indicating ongoing efforts to support the economy amid declining loan totals in previous years.

- China's new bank loans surged to ¥4.71 trillion in January, lower than the expected ¥5.00 trillion.  
- Last January, the figure was ¥5.13 trillion, and while recent numbers fell short of expectations, they remain significant during the Chinese New Year season.  
- For 2025, the total new yuan loans are projected to reach ¥16.27 trillion, indicating a second consecutive annual decline since peaking in 2023, reflecting credit conditions and domestic demand as Beijing seeks to support the economy.

Investinglive

China January M2 money supply +9.0% vs +8.4% y/y expected

China end-Jan foreign exchange deposits $1.1 trln vs $1.07 trln at end-Dec

China end-Jan foreign exchange deposits $1.1 trln vs $1.07 trln at end-Dec

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China's new yuan household deposits at 2.13 trln yuan in Jan

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China's new yuan household deposits at 2.13 trln yuan in Jan

$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

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XL2CSOPHSTECH

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Hang Seng TECH ETF I

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POP MART

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Li Auto

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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

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Alibaba HK SDR 5to1

Alibaba

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-W

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)

MS#HSI RC28072(53769.HK)

Savvy Hongkongers book 9-day Lunar New Year break for festive trips across Asia

China's Wang Yi, in meeting with German and French foreign ministers: China's development is an opportunity for Europe, and Europe's challenges do not come from China

The Hang Seng Index main continuous night session closed up 0.11%, at 26,560 points. The Hang Seng TECH Index main continuous night session closed up 0.39%, at 5,369 points

CATL added to Hong Kong's Hang Seng Index; WeRide, Pony AI join Hang Seng Composite Index

China Housing Doldrums Continue in 2026