[Hong Kong Stock Night Futures + Northbound Funds] Northbound Funds attract 3.45 billion yuan, buy CNOOC and sell Tencent, Hang Seng Index night futures down 104 points (updating)

【Hang Seng Index / Hang Seng / HSIC / Hang Seng Index / HSI / Hong Kong Stocks / Night Futures / ADR】Northbound funds today absorbed HKD 3.45 billion, China National Offshore Oil Corporation (00883) received a net inflow of HKD 1.04 billion, Alibaba (09988) increased holdings by HKD 530 million, with a net inflow of HKD 530 million. Conversely, Tencent (00700) experienced a net outflow of HKD 2.44 billion, with a net short position of HKD 830 million.

Northbound Fund Movements:

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Hang Seng Index fell 61 points but failed to stabilize above 26,000. NIO surged 14% after earnings, Cathay Pacific up over 4%. AI lobster concept stocks retraced: MINIMAX and Zhipu down 6%.

Hong Kong stocks opened higher but then declined, losing the 26,000 level. The Hang Seng Index opened up 152 points at 26,112, then fluctuated, turning lower in the afternoon, closing down 61 points at 25,898 with a turnover of HKD 254.48 billion. The Tech Index fell 0.1% to 5,054.

Cathay Pacific (00293) rose over 4% after earnings, NIO (09866) jumped 14%, AI lobster concept stocks retraced: MINIMAX (00100) and Zhipu (02513) down 6%.

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US Markets update continuously, see: Next Page

Financial Daily:

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Market Trends:

【20:59】Hang Seng Night Futures down 104 points, at 25,716.

【18:12】【REIT Earnings】Sunshine Real Estate Fund final distribution of HKD 0.091 per share, dividend yield about 7%, rent growth continued negative at 9.3%.

【18:00】【Cathay Pacific (293) Earnings】Jet fuel prices doubled in March, additional fuel surcharge forecasted; full-year profit up 10%, second interim dividend up 31% to HKD 0.64; Hong Kong Express losses widened.

【17:23】【Iran Crisis】Oil prices rebound 4%, a cargo ship in the Strait of Hormuz was hit by a missile.

【17:18】【100 Cents】Mong Kok Kam Wai store officially sold, Alibaba and Chen Qiang off-market sold 176 million shares, cashing HKD 120 million; Oriental Rising holds one share and does not sell.

【16:59】【Billionaires】Forbes 2026 Billionaires List: AI boom helps Musk regain the world’s richest; Hong Kong’s richest not Li Ka-shing? (Top 10 ranking attached)

【16:44】【Girl’s Exchange Shop】Expanding into Sha Tin MTR station, only 5 minutes walk from other branches; Yen at 5, sparking money-spending frenzy?

【16:30】【Gold Price Trend】Gold stabilizes near USD 5,200, safe-haven demand + oil price retreat easing inflation worries, awaiting CPI data.

【16:10】Hang Seng Index down 61 points, closing at 25,898, turnover HKD 254.48 billion, Tech Index down 0.1% at 5,054. Cathay Pacific (00293) up over 4%, NIO (09866) up 14%, AI lobster stocks retraced: MINIMAX (00100) and Zhipu (02513) down 6%.

【16:00】Hang Seng U-Share futures down 74 points, at 25,885.

【15:49】【Major Bank Reports】UBS analyzes “Three Oil Companies” profit sensitivity to oil prices; how much can oil stocks earn if oil hits USD 100?

【15:40】Hang Seng Index down about 110 points, at 25,850.

【15:11】【Cheng Ka-chun Family】News: Cheng Shiu-ying, CEO of Chow Tai Fook for 14 years, retired; Zheng Zhi-liang and Ho Chi-heng jointly manage a trillion-dollar empire.

【15:00】Hong Kong stocks decline about 24 points at close, at 25,935; turnover HKD 211.8 billion; Tech Index up less than 1 point at 5,060.

【14:41】【Stablecoins】HKMA reports fewer than 4 licenses issued for stablecoins.

【14:33】【CKH】COSCO Shipping Group reportedly suspends operations at Panama’s Balboa port; previous ports in Panama forcibly taken over.

【14:11】Hang Seng Index slightly up about 3 points, at 25,963, after a midday low of 25,883, down as much as 76 points.

【13:50】【Real Estate Major Report】Morgan Stanley: RMB appreciation drives mainland Chinese to buy property in HK; Longfor Properties preferred.

【13:50】OpenClaw cooling down｜MiniMax and Zhipu initially rise then retrace; foreign reports suggest Chinese authorities limit banks and state enterprises from using OpenClaw; analysis: MiniMax benefits more from lobster craze.

【13:45】【AI + OpenClaw】Security risks of OpenClaw attract attention; reports say China restricts banks and state-owned enterprises from using it.

【13:22】Tencent (00700) in the afternoon down 0.3%, MINIMAX (00100) retraced nearly 8%, low at HKD 1,115, Zhipu (02513) down over 4%, Suxi (03317) down 0.5%.

【13:15】NIO (09866) analysis｜Q4 profit marks first profit, stock up nearly 20%, highest in over three months; CICC: delivery data expected to be “refreshing”.

【13:13】【IPO】New rules half a year after implementation; Tiger Securities: retail investors’ participation limited, funds shifting to the secondary market; 90% of users applying for margin trading.

【13:08】Old gold shop (06181) announced profit of HKD 4.8-4.9 billion, up about 2.3 times year-on-year, afternoon up 3%, high at HKD 669.5.

【13:07】Cathay Pacific (00293) up over 4% after earnings, high at HKD 13.36.

【13:06】Hong Kong stocks turn lower in the afternoon, latest down about 18 points at 25,941.

【13:02】【Cathay Pacific (293)】to distribute about 11 weeks’ eligible remuneration via discretionary bonus and last year’s profit sharing.

【12:31】【6181 Profit】Old Gold Shop expects net profit of HKD 4.8-4.9 billion last year, up about 2.3 times.

【12:22】【700 analysis】Tencent benefits from OpenClaw concept stocks rising two consecutive days; analysis: similar to Deepseek success, many tech firms are adopting; valuation may be upwardly revised.

【12:15】【Cathay Pacific (293)】profits up 10% to HKD 10.8 billion last year; second interim dividend up 31% to HKD 0.64.

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

【12:02】【Hang Seng Half-day】up 21 points at 25,981, turnover HKD 147.49 billion; Tech Index up 0.3% at 5,073; NIO (09866) up 16% after earnings; CATL (03750) up over 8%; Tencent (00700) up 0.5%; MINIMAX (00100) peaked at HKD 1,320 then retraced down over 1%; Zhipu (02513) down 0.6%.

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

【11:32】【Major Bank Reports】HSBC: Northbound holdings act as stabilizers; prefer banks over insurance.

【11:27】【Hong Kong Market Analysis】 Hang Seng opened 152 points higher but gains narrowed; CICC: sideways pattern persists; Tencent and Alibaba earnings likely positive for sentiment but unlikely to give clear market direction.

【10:59】Geely (00175) up 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)｜Kowloon Warehouse’s outlook for tenant sales is most optimistic in years; JPMorgan and Citi raise target prices.

【10:35】【AI + Huawei】He Gang “showcases” Huawei Lobster Xiaoyi Claw; after testing, says “very surprised, quite useful.”

【10:02】CATL (03750) announced strong earnings after market close on Monday, stock up over 6%, high at HKD 585.

【10:01】Cathay Pacific (00293) up over 2% before earnings, high at HKD 13.13.

【09:50】Market opening gains narrowed to about 40 points, struggling around 26,000.

【09:22】Hang Seng opened 152 points higher, at 26,112, back above 26,000, with HKD 54.9 billion in turnover, Tech Index up 0.9% at 5,104. Tencent (00700) up over 4%, NIO (09866) up 15%, MINIMAX (00100) and Zhipu (02513) down 3%.

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

【09:09】Hang Seng 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 turn from up to down.

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

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

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

【07:45】Oil prices decline, night futures up 25 points, at 25,936, Chinese concept stocks index up 2%, at 7,222. NIO performs well, 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:

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【07:30】Market anticipates end of US-Iran war, Dow initially up 479 points, closes down 34 points at 47,706; S&P 500 down 0.21%; Nasdaq barely up 0.01%; Golden Dragon Index (Chinese concept stocks) up 1.96%.

See US Market Close:

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