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【Hong Kong Stock Market Update】Hang Seng Index Opens 216 Points Higher; Alibaba Up 1%, Xiaomi Down 2% Post-Earnings; Zijin Up Nearly 4%, CNOOC Down 3% (Continuous Updates)
【Hang Seng Index / HS / Hang Seng / 恒指 / 港股 / 夜期 / ADR】Hong Kong stocks continued to rise by 200 points. Signs of easing in Middle East conflicts, the Hang Seng Index opened higher by 216 points, opening at 25,280 points, with a turnover of 4.92 billion yuan. Xiaomi (01810) reported a 2% decline after earnings, Alibaba (09988) rose over 1%, Zijin (02899) increased nearly 4%, and CNOOC (00883) fell 3%.
US stock updates are ongoing; details on the next page
Financial Diary:
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Market Movement:
【09:22】 The Hang Seng Index continued to open higher by 216 points, at 25,280 points, with a turnover of 4.92 billion yuan. Xiaomi (01810) reported a 2% decline after earnings, Alibaba (09988) rose over 1%, Zijin (02899) increased nearly 4%, and CNOOC (00883) fell 3%.
【1810 Earnings】 Xiaomi’s Lu Weibing admitted that the rise in memory prices presents significant challenges; this year, AI investment reached 16 billion RMB; Q4 revenue increased by 7.3% year-over-year; adjusted profit of 6.35 billion RMB exceeded expectations (Second Edition).
【09:08】 Hang Seng Index futures rose about 91 points, at 25,138 points.
【07:45】【Morning Brief】 Trump: Rubio and Vance involved in Iran negotiations | Xiaomi’s Q4 adjusted profit of 6.35 billion RMB exceeds expectations
【07:45】 Signs of easing in Middle East conflicts, awaiting a decline in oil prices. Night futures closed up 11 points, at 24,972 points. The China concept stocks index fell 0.4%, closing at 6,771 points.
More Hong Kong ADRs and Chinese concept stock quotes:
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【07:30】 Multiple US media reports indicate that the US is engaging with Iran regarding a ceasefire plan. Iranian officials deny Trump’s claims of behind-the-scenes negotiations but confirm that the US has sent messages and proposals. US stocks are slightly weak; the Dow once fell 438 points to a low of 45,769 points, closing down 84 points at 46,124. The S&P 500 fell 0.4%, closing at 6,556 points. The Nasdaq dropped 0.8%, closing at 21,761 points.
Check US stock close now:
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Finance Hot Talk
China’s vehicle sales top the world for the first time. High oil prices boost exports of electric vehicles?