HS#HSI RC2811S

Futures Open Higher Than Spot Prices

Hang Seng Index Futures Open 1.52% Higher at 26,787.44

Significant Rise in Singapore Black Index and Overnight Futures

Hong Kong Monetary Authority's Assessment and Outlook of Hong Kong's Economy

Hang Seng Index Night Futures (February) Up 38 Points

HSI Futures Midday Decline Expands to 1%

Hong Kong Futures Open Up 0.05% at 26820 Points

HSI Ends Two-Day Losing Streak, Rises by Nearly 140 Points

HSI Futures Night Session Closed Up 1.04% at 26,778.91

HKMA Injects HKD 4.73 Billion in Liquidity

Hang Seng Index Futures Feb and Mar Contracts Ended Higher

HSI Futures Open Down 0.45% at 26,383.50 Points

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

KO YO GROUP

SOFTMEDX

HUAZHANG TECH

SANERGY GROUP

GEOTECH HLDGS

YUNKANG GROUP

CHINA INFO TECH

AGTECH HOLDINGS

PUTIAN COMM

MODERN LAND

601688

07300

07500

00HSI

03037

03115

02800

07200

513600

HTSC's research report points out that during the Spring Festival, the Hong Kong stock market showed divergence, with AI new forces moving contrary to internet giants. Although consumer data was impressive, it did not significantly boost sector performance, with gains mainly concentrated in technology and cyclical industries. In the short term, investors need to be cautious of individual stock volatility risks brought about by index and Hong Kong Stock Connect adjustments; in the medium term, technology and cyclical consumables remain the main investment directions

Wallstreetcn

HTSC

FI CSOP HSI

FI2 CSOP HSI

Hang Seng Index

CSOP HSI ETF

Guotai CSI All Share Investment Banking & Brokerage ETF

ISHARESHSI

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

TRACKER FUND

Hwabao WP CSI All Share Investment Banking & Brokerage ETF

FL2 CSOP HSI

China Southern Hang Seng ETF

HTSC Hong Kong Stock Strategy: Technology and cyclical consumables remain clear main lines

According to the latest Hong Kong Interbank Offered Rate (HIBOR) published by the Hong Kong Association of Banks, the one-month Hong Kong dollar interbank rate has fallen to 2.43952 cents, reaching a one-month low. The overnight rate is reported at 1.94048 cents, down 63.345 basis points; the one-week rate is reported at 2.37816 cents, down 6.422 basis points; the three-month rate is reported at 2.63887 cents, down 3.625 basis points; the six-month rate is reported at 2.8 cents, up 0.798 basis points; and the twelve-month rate is reported at 2.89167 cents, down 0.071 basis points

AASTOCKS

The one-month Hong Kong Interbank Offered Rate (HIBOR) has fallen to 2.43%, reaching a one-month low

AKAM

U.S. futures fell while most Asian markets rose after the Supreme Court struck down President Trump's tariffs. Hong Kong's Hang Seng index surged 2.2%, while the Shanghai Composite dropped 1.3%. The mixed market reactions reflect the impact of tariff policy changes. Trump plans to impose a 10-15% global tariff despite the ruling. Akamai Technologies saw a 14.1% drop after disappointing profit forecasts. U.S. economic growth is slowing, and inflation is rising, leading traders to expect at least two interest rate cuts from the Fed this year. Oil prices also declined.

AP News

Akamai Tech

US futures fall while Asian markets are mostly higher after the Supreme Court nixes Trump’s tariffs

Hong Kong’s Court of Appeal has rejected an appeal by 12 pro-democracy activists in a significant national security case related to a subversion conspiracy. This case, known as the 'Hong Kong 47', involved the mass arrest of leading pro-democracy figures in early 2021, resulting in sentences ranging from 4 to 10 years for most, with only two acquittals. Critics argue this highlights the ongoing crackdown on dissent in the city.

Reuters

Hong Kong court rejects appeal in landmark 'Hong Kong 47' subversion case

The Hong Kong Society of Financial Analysts has proposed recommendations in six key areas regarding the 2026/2027 fiscal budget, including deepening the development and innovation of the bond market, expanding the offshore RMB business ecosystem, and enhancing the competitiveness and liquidity of the capital market. The Society suggests providing clearer tax guidelines to attract high-quality overseas listed companies, promoting the diversification of bond product lines, clarifying the legal framework for digital bonds, and optimizing the tax environment to attract global capital

The Hong Kong Securities Analysts Association advocates for the "Budget" to deepen the development and innovation of the bond market and expand the offshore RMB business ecosystem

00981

02828

02513

03690

The Hang Seng Index's early gains expanded to over 600 points, rising above the 27,000 mark. MEITUAN, SMIC, and Zijin Mining each rose by 5%, while KNOWLEDGE ATLAS plummeted by 15%

SMIC

HSCEI ETF

KNOWLEDGE ATLAS

MEITUAN

The Hang Seng Index's early gains expanded to over 600 points, rising above the 27,000 mark. MEITUAN, SMIC, and Zijin Mining each rose by 5%, while KNOWLEDGE ATLAS plummeted by 15%

0HSCI

Hong Kong's Hang Seng Materials Index up 4%

marketscreener

Hang Seng Composite Index

Hong Kong's Hang Seng Materials Index up 4%

NDAQ

159920

On February 23, Hong Kong stocks are expected to fluctuate before the futures settlement. Despite the slowdown in the U.S. economy, the Supreme Court's rejection of Trump's global tariff policy has driven a rebound in U.S. stocks. Last Friday, Hong Kong stocks opened lower and continued to decline, with the Hang Seng Index dropping 292 points to close at 26,413 points, down 154 points for the week. The market is concerned about the tense situation in the Middle East, but the U.S. military has not yet taken action against Iran. Trump plans to visit China from March 31 to April 2, although this news has not been confirmed, but the night futures have surged over 400 points, and it is expected that Hong Kong stocks will open higher this morning

- The U.S. stock market rebounded after the Supreme Court overturned Trump's global tariff policy, with the Dow Jones gaining 230 points.  
- U.S. economists estimate that this ruling could trigger refunds of $175 billion in tariffs, but the process may be lengthy for companies.  
- The market remains optimistic for the first half of the year due to anticipated monetary easing and potential policy announcements from China.

Stheadline

Nasdaq

Guggenheim DJIA Ave Div

Invesco Nasdaq 100 ETF

SPDR S&P 500

S&P 500

Proshares UltraPro QQQ

Pro UltrPro Dow30

NASDAQ Composite Index

ProShares Ultra Dow30 ETF

ChinaAMC Hang Seng ETF

SPDR Djia

Fidelity Nasdaq Composite Index ETF

Before futures settlement, Hong Kong stocks are expected to fluctuate｜Gu Tianhou

Hong Kong's property market is stabilizing, leading to a reduction in discounts for homebuyers. Analysts predict that the peak supply of new homes has passed, with a decline in new launches expected until 2029. Major developers are selling units despite price increases, indicating strong demand. The number of new project launches is projected to fall to around 95 this year, marking a significant decrease in potential supply. Improved market sentiment may lead to more targeted project launches, helping to stabilize prices and increase transaction volumes in the coming years.

南华早报

Hong Kong homebuyers face dwindling discounts as property market stabilises

Luo Shupei stated that hosting large concerts in Hong Kong can attract a large number of mainland audiences, with some concerts having a proportion of mainland audiences reaching 60%, which helps revitalize the local economy and promote the development of the catering, logistics, transportation, and hotel industries. She emphasized that culture and sports are important economic carriers, and suitable investment projects can bring business opportunities

Lo Shupei: The proportion of mainland audiences at some local concerts reaches 60%, which helps boost the economy of Hong Kong

STECH

09988

03033

The Hong Kong stock market opened higher in the morning, with the Hang Seng Index rising 385 points to 26,798 points, and the National Index and Hang Seng TECH Index increasing by 131 points and 92 points, respectively. E-commerce stocks such as Alibaba and JD opened higher, while technology stocks Tencent, Meituan, and NetEase also saw gains. AI model stock KNOWLEDGE ATLAS opened down 13.8% due to issues. Export stocks such as Creative Technology and SHENZHOU INTL opened higher, and pharmaceutical stocks WUXI BIO and WUXI APPTEC also rose. Commodity prices increased, leading to a general rise in related resource stocks

Hang Seng TECH Index

BABA-W

SHENZHOU INTL

WUXI BIO

JD-SW

Alibaba

WUXI APPTEC

TENCENT

CSOP HS TECH

FI2CAMNDQ100

"Hong Kong Stocks" The Hang Seng Index opened high at 385 points, with technology, export, and resource stocks rising, while AI model stocks retraced

$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

CSOP A50 ETF-R

CSOP A50 ETF

XI2CSOPHSTECH

ISHARESHSTECH

HSTECH ETF

XL2CSOPHSTECH

CAM HS TECH

Hang Seng TECH ETF I

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-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

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)

HS#HSI RC2811S(61117.HK)

HTSC Hong Kong Stock Strategy: Technology and cyclical consumables remain clear main lines

The one-month Hong Kong Interbank Offered Rate (HIBOR) has fallen to 2.43%, reaching a one-month low

US futures fall while Asian markets are mostly higher after the Supreme Court nixes Trump’s tariffs

Hong Kong court rejects appeal in landmark 'Hong Kong 47' subversion case

The Hong Kong Securities Analysts Association advocates for the "Budget" to deepen the development and innovation of the bond market and expand the offshore RMB business ecosystem