[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 attracted HKD 3.45 billion, China National Offshore Oil Corporation (00883) net inflow of HKD 1.04 billion, Alibaba (09988) increased holdings by HKD 530 million, also with a net inflow of HKD 530 million. In contrast, 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. The stock of Cathay Pacific (00293) rose over 4% after earnings, NIO (09866) up 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 Diary:

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Market Movements:

【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, dividend yield about 7%, continued rent decline of 9.3%.

【18:00】【293 Earnings】Cathay Pacific: March jet fuel prices doubled, plans to add fuel surcharge; 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%, ships in the Strait of Hormuz fired projectiles.

【17:18】【100 Cents】Mong Kok store officially on sale; Alibaba and Chen Qiang off-market sold 176 million shares, cashing out HKD 120 million; Oriental Sunrise holds one share and refuses to sell.

【16:59】【Billionaires】Forbes 2026 Billionaires List: AI boom helps Musk become the world’s richest again; 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 craze?

【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, with a turnover of 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, with HKD 245.77 billion traded.

【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】【Zheng Jiachun Family】News: Zhou Dafu’s CEO for 14 years, An Anye retired; Zheng Zhiliang and He Zhiheng jointly manage a trillion-dollar empire.

【15:00】Hong Kong stocks fell about 24 points in the last hour, at 25,935, with HKD 211.8 billion in turnover; Tech Index rose less than 1 point, at 5,060.

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

【14:33】【CKH Port Sale】COSCO Shipping Group reportedly suspends operations at Balboa Port in Panama; earlier, two ports in Panama were forcibly taken over.

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

【13:50】【Real Estate Major Report】Morgan Stanley: RMB appreciation against HKD boosts mainland Chinese buying in Hong Kong; Sun Hung Kai Properties preferred.

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

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

【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 first profit, stock up nearly 20% to over 3-month high; 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 are margin traders.

【13:08】Golden shop with profit alert (06181) up 3% in the afternoon, 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】【293】Cathay Pacific: will distribute about 11 weeks’ eligible remuneration via discretionary bonus and last year’s profit sharing.

【12:31】【6181 Profit Alert】Golden shop expects net profit of HKD 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: similar to Deepseek success, many tech firms are adopting; valuation may be upwardly revised.

【12:15】【293 Earnings】Cathay Pacific’s profit increased 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】Half-day Hang Seng Index up 21 points, at 25,981, with HKD 147.49 billion traded; Tech Index up 0.3% at 5,073. NIO (09866) rose 16% after earnings, CATL (03750) up over 8%. Tencent (00700) narrowed gains to 0.5%. MINIMAX (00100) hit a high of HKD 1,320 then retraced, down over 1%; Zhipu (02513) down 0.6%.

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

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

【11:27】【Hong Kong Stock Analysis】Hang Seng opened up 152 points, then narrowed gains; 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 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 to hold above 26,000.

【09:22】Hang Seng opened up 152 points, at 26,112, back above 26,000, with HKD 54.9 billion traded; Tech Index up 0.9% at 5,104. Tencent (00700) up over 4%, NIO (09866) up 15%, MINIMAX (00100) surged 2 days in a row to HKD 1,320 then retraced, down over 1%; Zhipu (02513) down 0.6%.

【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’s Q4 first profit, earning over HKD 1 billion; HSBC cancels WFH arrangements for Hong Kong client-facing staff.

【07:45】Oil prices fall, 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 ADR and Chinese concept stock quotes:

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【07:30】Market anticipates end of US-Iran war, Dow initially up 479 points, then retraced 34 points to close at 47,706; S&P down 0.21%; Nasdaq up slightly 0.01%; Golden Dragon Index (China 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.

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