[Hong Kong Stock Market] Hang Seng Index opens down 87 points; after earnings, Meituan's stock drops 0.6%; AIA falls more than 3%; Pop Mart stabilizes and rebounds over 1% (updating continuously)

robot
Abstract generation in progress

【Hang Seng Index / Hang Seng Index / HSIndex / Hang Seng Index / HSI / Hang Seng Index / Hong Kong Stocks / Night Futures / ADR】Hong Kong stocks continue to open lower. The Hang Seng Index opened 87 points lower, at 24,768 points, with a turnover of HKD 3.35 billion. The Tech Index fell 0.4%, reporting 4,740 points. Meituan (03690) dropped 0.6% after earnings, AIA (01299) declined over 3%, Bubble Mart (09992) stabilized and rebounded over 1%.

US Market Updates, details on the next page

Financial Diary:

					▼Click image to enlarge
					

				


	
	
	
	
	

				

				


	
	
	
	
	

				

				


	
	
	
	
	

						+4
				

				


	
	
	
	
	

						+3

Market Movements:

【09:22】The Hang Seng Index continued to open 87 points lower, at 24,768 points, with a turnover of HKD 3.35 billion. The Tech Index fell 0.4%, reporting 4,740 points. Meituan (03690) dropped 0.6% after earnings, AIA (01299) declined over 3%, Bubble Mart (09992) stabilized and rebounded over 1%.

【3690 Earnings】Meituan’s Q4 adjusted loss of HKD 15.08 billion was below expectations. Wang Xing: First quarter delivery per order improved quarter-over-quarter, and the “AI Super Entrance” at Guyu is not a “Token Factory” (Second Edition)

【09:03】The Hang Seng Index futures fell about 94 points, at 24,723 points.

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

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

【07:45】According to Trump’s statements, there has been progress in Iran situation. Night futures fell 8 points, closing at 24,782 points. The China concept stock index fell 2.6%, closing at 6,721 points. Meituan ADR stock price initially rose, up 3.8% compared to Hong Kong, but due to macro factors, it turned lower at close, 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 ADRs and Chinese concept stocks quotes:

					▼Click image to enlarge
					

				


	
	
	
	
	

				

				


	
	
	
	
	

				

				


	
	
	
	
	

						+7
				

				


	
	
	
	
	

						+6

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

Check out US market close:

					▼Click image to enlarge
					

				


	
	
	
	
	

				

				


	
	
	
	
	

				

				


	
	
	
	
	

						+10
				

				


	
	
	
	
	

						+9

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

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin