【Hong Kong Stock Market】 Hang Seng Index turns down in the afternoon and fails to stabilize above 26,000; NIO surges 16% after earnings; Cathay Pacific rises 4% after earnings; MINIMAX and Zhipu retreat (updating continuously)

【Hang Seng Index / Hang Seng Index / HS/HSI / Hong Kong Stocks / Night Futures / ADR】Hong Kong stocks remain stable in the first half of the day, but the 26,000 level was regained and lost again. The Hang Seng Index opened 152 points higher at 26,112 points. The market fluctuated afterward, rising as much as 189 points in the morning to a high of 26,149 points, then the gains narrowed. The Hang Seng Index rose 21 points at midday to 25,981 points, with a turnover of HKD 147.49 billion. The Tech Index increased 0.3% to 5,073 points. NIO (09866) performed well after earnings, rising 16%. CATL (03750) gained over 8%. Tencent (00700) narrowed its gain to 0.5%. MINIMAX (00100) hit a new high of HKD 1,320 before falling back more than 1%. Zhipu (02513) declined 0.6%.

US stocks are continuously updating. For details, see: Next Page

Financial Daily:

▼Click the image to enlarge

Market Trends:

【13:15】9866 Analysis | NIO’s first quarterly profit, stock once rose nearly 20%, reaching a three-month high — Guotai: Expectation of automotive delivery data to be “refreshing”!

【13:13】【IPO】Half a year after the implementation of the new policy, Tiger Securities: One-hand traders are ineffective, funds shift to the B-share market, 90% of users are leveraging margin to subscribe.

【13:08】Old gold shop (06181) announced profit, rose 3% in the afternoon, reaching HKD 669.5.

【13:07】Cathay Pacific (00293) rose over 4% after earnings, reaching HKD 13.36.

【13:06】Hong Kong stocks turned lower in the afternoon, with the Hang Seng Index down about 18 points at 25,941.

【13:02】【293】Cathay Pacific: Will distribute approximately 11 weeks’ eligible remuneration to the team in the form of discretionary bonuses and profit sharing from last year.

【12:31】【6181 Profit Announcement】Old gold shop expects net profit of RMB 4.8-4.9 billion last year, up about 2.3 times year-on-year.

【12:22】700 Analysis | Tencent benefits from OpenClaw concept stocks, rising two consecutive days — Analysis: Many tech companies are expected to join after Deepseek’s success, with valuation likely to be upwardly revised.

【12:15】【293 Earnings】Cathay Pacific’s profit increased 10% to RMB 10.8 billion last year, with a second interim dividend up 31% to HKD 0.64.

【12:11】【2888】Standard Chartered plans to expand its Singapore private banking team, hiring 50 more relationship managers to attract wealthy Chinese clients.

【12:02】Half-day Hong Kong stocks rose 21 points to 25,981, with a turnover of HKD 147.49 billion. The Tech Index increased 0.3% to 5,073. The NIO (09866) performed well after earnings, rising 16%. CATL (03750) gained over 8%. Tencent (00700) narrowed its gain to 0.5%. MINIMAX (00100) hit a new high of HKD 1,320 before falling back more than 1%. Zhipu (02513) declined 0.6%.

【12:02】【AI+700】Tencent builds “Lobster Attack Team” — Ma Huateng: “More products are coming soon.”

【11:32】【Major Bank Reports】HSBC: Northbound funds’ holdings act as stabilizers; prefer banking stocks over insurance stocks.

【11:27】【Hong Kong Market Analysis】 Hang Seng Index opened 152 points higher but the gain narrowed — Guotai Securities: The sideways pattern remains; Tencent and Alibaba’s earnings are expected to boost sentiment, but may not give the market a clear direction.

【10:59】Geely (00175) rose nearly 9%, BYD (01211) up 2%, NIO (09866) up over 16%, XPeng (09868) up nearly 7%, Li Auto (02015) up nearly 2%.

【10:48】Major bank report (1997) — CK Asset’s outlook for tenant sales this year is the most optimistic in years; JPMorgan and Citi both raised target prices.

【10:35】【AI+Huawei】He Gang “showcases” Huawei’s Lobster Xiaoyi Claw — after testing, he said “very surprised, quite useful.”

【10:02】NIO (03750) announced strong performance after earnings on Monday, with the stock rising over 6%, reaching HKD 585.

【10:01】Cathay Pacific (00293) rose over 2% before earnings, reaching HKD 13.13.

【09:50】Market opened with gains narrowing to about 40 points, struggling around the 26,000 level.

【09:22】Hang Seng Index opened 152 points higher at 26,112, regaining the 26,000 level, with a turnover of HKD 5.49 billion. The Tech Index rose 0.9% to 5,104. Tencent (00700) up over 4%, NIO (09866) surged 15% after earnings, MINIMAX (00100) and Zhipu (02513) fell 3%.

【9866 Earnings】NIO’s Q4 last year first profit, earning over RMB 100 million; delivery guidance for this quarter at at least 10,000 units, revenue more than doubled; chips successfully tested, in talks with enterprises (second edition).

【09:09】Hang Seng Index futures up about 55 points at 26,001.

【08:31】【Iran Crisis】International Energy Agency reportedly proposes releasing over 180 million barrels of oil reserves — oil prices shift from rising to falling.

【08:09】【Rights Issue】Country Garden Hydrogen plans to issue rights at a 12% discount, raising about HKD 150 million.

【07:56】【AI+9888】Baidu launches “Lobster Market” following Tencent, offering “one-stop” service.

【07:45】【Morning Highlights】Oracle’s earnings beat expectations — NIO’s Q4 first profit, earning over RMB 100 million — HSBC cancels WFH arrangements for Hong Kong client-facing staff.

【07:45】Oil prices decline, night futures close up 25 points at 25,936, Chinese concept stocks index up 2%, closing at 7,222. NIO’s performance is excellent, ADR up 17% of Hong Kong stocks, AI lobster concept stocks Tencent ADR up 4.5%.

More Hong Kong stocks ADRs and Chinese concept stocks quotes:

▼Click the image to enlarge

【07:30】Market anticipates end of US-Iran war, Dow Jones temporarily up 479 points, closing down 34 points at 47,706, S&P 500 down 0.21%, Nasdaq up slightly 0.01%, reflecting Chinese concept stocks’ performance with the Golden Dragon Index up 1.96%.

See US stocks closing:

▼Click the image to enlarge

【Market Summary】Hong Kong stocks yesterday, details at: 【Hong Kong Stocks Night Futures + ADR + Northbound Funds】 Tencent ADR up 5% in Hong Kong, NIO US stocks up 17%, night futures close up 25 points

Financial Hot Talk

Is the gold safe haven losing its role? War sparks concerns over rate hikes?