【Hong Kong Stock Market】Hang Seng Index continues to decline about 94 points; Meituan ADR drops over 1% in Hong Kong after earnings (updating)

【Hang Seng Index / Hang Seng Index / HSI / Hang Seng / Hang Seng Index / Hong Kong Stocks / Night Futures / ADR】The Hang Seng Night Futures fell about 94 points, closing at 24,723 points. According to US President Trump’s remarks, there has been progress in Iran-related developments, with night futures down 8 points, closing at 24,782 points. The China concept stock index dropped 2.6%, closing at 6,721 points. Meituan’s post-earnings ADR stock price initially rose, once outperforming Hong Kong by 3.8%, but due to macroeconomic factors, it turned lower at the close, ending 1.6% below the Hong Kong closing price.

US market updates are continuously refreshed. For details, see: Next Page

Financial Diary:

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Market Movement:

【09:03】 Hang Seng Night Futures down about 94 points, at 24,723 points.

【07:50】【New IPO】Tongrentang Medical & Elderly Care 2667 delays issuance and listing plans, considering multiple factors including current market conditions, will return application funds.

【07:45】【Morning Brief】Meituan’s Q4 adjusted loss of 15.08 billion RMB, below expectations｜Hong Kong ranks third among global financial centers, first in Asia-Pacific｜Cathay Pacific adds fuel surcharge again.

【07:45】Based on Trump’s remarks, there has been progress in Iran-related developments, with night futures down 8 points, closing at 24,782 points. The China concept stock index fell 2.6%, closing at 6,721 points. Meituan’s ADR stock price initially rose, once outperforming Hong Kong by 3.8%, but due to macroeconomic factors, it turned lower at the close, ending 1.6% below the Hong Kong closing price.

| ADR | HKD Equivalent | Change from Hong Kong Close | | Meituan ADR | 85.29 | -1.62% | | Tencent ADR | 490.94 | -0.94% | | HSBC ADR | 124.62 | -0.14% | | Alibaba US Stock | 122.67 | -0.27% |

More Hong Kong stocks ADRs and China concept stock quotes:

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【07:30】Concerns about inflation persist, Dow Jones closed down 469 points at 45,960, S&P 500 fell 1.7% to 6,477, NASDAQ dropped 2.4% to 21,408.

Check US market close now:

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Hong Kong stocks yesterday’s market, details at: 【Hong Kong Night Futures + ADR + Northbound Funds】 Night futures close down 8 points, Meituan ADR 2% below Hong Kong.

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