【HK Stock Market】Hang Seng Index rose over 300 points in early trading; Alibaba up over 2%, Xiaomi weakened after earnings; Zijin Mining up over 2%, CNOOC down 3% (Continuously updated)

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【Hang Seng Index / Hang Seng Index / HSI / Hang Seng Index / HSI / Hang Seng Index / Hong Kong Stocks / Night Futures / ADR】Hong Kong stocks continue to rise by 200 points. Signs of easing in Middle East conflicts, the Hang Seng Index opens higher by 216 points, opening at 25,280 points, with a turnover of 4.92 billion yuan. Xiaomi (01810) fell 2% after earnings, Alibaba (09988) rose over 1%, Zijin (02899) rose nearly 4%, CNOOC (00883) fell 3%.

US stock updates ongoing, details on the next page

Financial Daily:

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Market Trends:

【10:26】【CKH sells port assets】CKH’s Panama port claim rises to over $2 billion, accusing the Panamanian government of attempting to delay international arbitration proceedings.

【10:19】CKH (00001) rose 2%, reportedly expanding its claim in the Panama arbitration case, stating that one month after the Panamanian government “illegally took over” port terminals and company assets, losses have now exceeded $2 billion.

【10:16】The Hang Seng Index initially rose up to 326 points, reaching 25,390 points, but the upward momentum has slowed to about 207 points, at 25,271 points, with a turnover of 90.5 billion yuan. The Tech Index rose 1.4% to 4,900 points.

【09:43】SenseTime (00020) narrowed net losses, with shares up over 5%, reaching a high of 2.02 yuan.

【SenseTime earnings】SenseTime’s net loss last year narrowed 59% to 1.77 billion RMB; first EBITDA recorded in the second half.

【09:43】WH Group (00288) shares rose over 4% after earnings, initially reaching 10.05 yuan.

Pork stocks earnings|WH Group: China’s meat product sales expected to turn positive this year, Middle East war has limited impact, full-year pre-valuation adjustment net profit up 8.2%, with a final dividend of 0.41 yuan.

【09:43】Zijin (02899) rose over 4%, Zijin Gold International (02259) up over 7%, Shandong Gold (01787) up 5%, Lingbao Gold (03330) up 8%.

【Gold Price Trend】Gold prices end nine consecutive declines! Spot gold back above $4,500, with daily gold price in Hong Kong rising by 1,800 yuan per tael.

【09:22】Hang Seng Index opens higher by 216 points, at 25,280 points, with a turnover of 4.92 billion yuan. Xiaomi (01810) fell 2% after earnings, Alibaba (09988) rose over 1%, Zijin (02899) rose nearly 4%, CNOOC (00883) fell 3%.

【1810 Earnings】Xiaomi’s Lu Weibing admits that rising memory prices pose a huge challenge, with AI investment of 16 billion RMB this year. Q4 revenue increased 7.3% year-on-year, with an adjusted profit of 6.35 billion, beating expectations (second edition).

【09:08】Hang Seng Index futures up about 91 points, at 25,138 points.

【07:45】【Morning Briefing】Trump: Rubio and Vance involved in Iran negotiations|Xiaomi Q4 adjusted profit of 6.35 billion exceeds expectations

【07:45】Signs of easing in Middle East conflict, waiting for oil prices to fall. Night futures close up 11 points, at 24,972 points. China concept stocks fall 0.4%, closing at 6,771 points.

| ADR | Converted HKD | Change from Hong Kong close | | Meituan ADR | 78.12 | -1.11% | | Tencent ADR | 509.51 | -0.87% | | HSBC ADR | 124.10 | +0.41% | | Alibaba US stocks | 122.78 | -0.34% | | Baidu US stocks | 110.10 | -2.22% |

More Hong Kong stocks ADRs and Chinese concept stocks quotes:

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【07:30】Multiple US media report that the US is engaging with Iran on 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, Dow Jones fell 438 points to a low of 45,769 points, closing down 84 points at 46,124. S&P 500 down 0.4%, at 6,556 points. Nasdaq down 0.8%, at 21,761 points.

See US stock market close:

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Hong Kong stocks yesterday’s market, details at: 【Hong Kong Night Futures + ADR + Northbound Funds】 Night futures close up 11 points, Baidu US stocks underperform HK stocks by 2%.

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