【Hong Kong Stock Market】 Hang Seng Index rises 396 points in the first half of the day, CATL up 8% after earnings, Tencent up half a percent, Zhipu and MINIMAX break new highs (updating continuously)

【Hang Seng Index / Hang Seng Index / HS/HSI / Hong Kong Stocks / Night Futures / ADR】 Hong Kong stocks rebound nearly 400 points in half a day. U.S. President Trump told foreign media that the war is almost over, and it is expected to end soon. Oil prices fell, leading to a strong rebound in the Hang Seng Index, which opened 331 points higher at 25,740. It then fluctuated upward, reaching a maximum gain of 464 points, with a high of 25,872. The Hang Seng Index rose 396 points in the first half of the day, closing at 25,804, with a turnover of HKD 172.01 billion. The Tech Index increased by 1.4%, closing at 7,120 points. Tencent (00700) surged over 5%, CATL (03750) rose over 7% after earnings, Zhipu (02513) increased nearly 7%, MINIMAX (00100) gained over 9%, reaching a new high of HKD 1,148 since listing. Financial stocks rebounded, HSBC (00005) and AIA (01299) both rose 3%. Oil prices retreated, China Petroleum (00857) fell over 2%, CNOOC (00883) declined 1%.

U.S. stock market updates ongoing, see details on the next page

Financial Daily:

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Market Trends:

【12:00】 Hang Seng Index up 396 points in half a day, at 25,804, with a turnover of HKD 172.01 billion. Tech Index up 1.4%, at 7,120. Tencent (00700) surged over 5%, CATL (03750) rose over 7% after earnings, Zhipu (02513) increased nearly 7%, MINIMAX (00100) gained over 9%, reaching a new high of HKD 1,148. Financial stocks rebounded, HSBC (00005) and AIA (01299) both rose 3%. Oil prices retreated, China Petroleum (00857) fell over 2%, CNOOC (00883) declined 1%.

【11:48】3750 earnings analysis | CATL Q4 profit exceeds expectations; broker: easing concerns over lithium cost increases

【11:35】Longfei Optical Fiber (06869) rose 12%, reaching HKD 162.

【11:20】Hang Seng Index extended gains to over 400 points, at 25,838, up 430 points, with HKD 146.9 billion in turnover. Tech Index up 1.6%, at 5,021.

【11:15】Tencent (00700) increased to 5%, reaching HKD 542.5.

【11:09】【AI+9988】Alibaba DingTalk now connects to OpenClaw, offering unlimited free call quotas

【11:05】【HSBC】HSBC cancels WFH arrangements for Hong Kong customer-facing staff

【10:47】Market gain narrowed to 208 points, at 25,617, with HKD 117.6 billion in turnover. Tech Index up 0.4%, at 4,962.

【10:41】Zijin (02899), Zijin Gold International (02259) rose 3%, Zhaojin (01818) up nearly 2%, Lingbao Gold (03330) surged over 5% to a new high, Shandong Gold (01787) up over 1%.

【Iran Crisis】Trump says the war will end soon; gold prices stabilize and rebound

【10:41】Local banks | Fubon Hong Kong earned 52% more last year, benefiting from increased revenue and lower impairment losses

【10:21】【HSBC】HSBC launches “HSBC Teens” financial management service for clients aged 11-17; opening an account now could win an iPhone 17 Pro

【10:06】CATL (03750) rose over 9%, reaching HKD 552.

【09:54】HSBC (00005) rebounded over 3%, AIA (01299) up over 2%, Standard Chartered (02888) gained half a percent.

【09:53】【AI+700】Tencent stock up 3%; “Tencent Xiaolongxia” WorkBuddy service experienced instability due to high demand, now fixed

【09:52】【AI+2513】Zhipu officially launched AutoClaw, capable of local deployment within a minute; stock once soared 15% to HKD 666

【09:42】Hong Kong stocks opened with about 415 points higher, rebounding to around 25,800.

【09:32】Baiqin Oil Services (02178), Shandong Molong (00568), China-Hong Kong Petroleum (00632) fell over 20-30%.

【09:28】【IPO】Megatech (3268) opened 0.6% higher, earning HKD 18 per lot; oversubscribed 173 times, 5% chance of winning

【09:22】 Hang Seng Index opened 331 points higher, at 25,740, with HKD 5.23 billion in turnover. Tech Index up 2%, at 5,040. CATL (03750) rose 6% after earnings, oil prices retreated, with two oil giants down 3% and 4%. Zhipu (02513) up 14%, MINIMAX (00100) increased nearly 0.5%, reaching HKD 1,046, a new high.

【3750 earnings】 CATL last year earned over 42% more, paying HKD 69.57 per 10 shares.

【09:07】Hang Seng Futures up about 228 points, at 25,613.

【08:49】【Rights Issue】Black Sesame Intelligence offers 2% discount to raise HKD 630 million for next-gen high-performance chips R&D and market expansion.

【07:45】【Morning Brief】 CATL last year earned over 42% more | Using AI may not improve efficiency but make it more “brain-burning” | HSBC app introduces integrated red book services, with a chance to win a gold passbook.

【07:45】War is expected to end soon, oil prices fall, US stocks rebound, night futures close up 103 points, at 25,370. Chinese concept stocks index up 1.8%, at 7,083. JD.com ADR gains 2%.

ADR HKD Equivalent Change from Hong Kong Close
Meituan ADR 79.92 +1.55%
Tencent ADR 523.96 +1.54%
HSBC ADR 133.71 +2.93%
Alibaba (US) 129.66 +0.75%

More Hong Kong stocks ADR and Chinese concept stock quotes:

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【07:30】 U.S. President Trump told foreign media that the war is nearly over. Dow Jones Industrial Average initially dropped 886 points to 46,615, the S&P 500 fell 1.5% to 6,636, and Nasdaq declined 1.5% to 22,061. However, the Dow recovered to close up 239 points at 47,740, the S&P 500 rose 0.8% to 6,795, and Nasdaq gained 1.4% to 22,695.

See U.S. stock market close:

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Hong Kong stocks yesterday market overview, see details at: 【Hong Kong Night Futures + ADR + Northbound Funds】 JD.com US stocks gain 2%, night futures close up 103 points

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