[Hong Kong Stock Market] Hang Seng Index opens 87 points lower then turns higher; Meituan's stock price drops after earnings but rebounds 3%; Pop Mart stabilizes after decline (updating continuously)

SocialAnxietyStaker · 2026-03-27T03:02:39+00:00

Today, the Hong Kong stock market opened lower and continued to be sluggish, with the Hang Seng Index down 87 points at 24,768. Meituan and AIA's stock prices fell by 0.6% and 3%, respectively. However, BYD's stock price rose by over 4% at one point. The total market turnover was HKD 3.35 billion, and the Tech Index slightly declined by 0.4%. The market's rebound was limited, and it subsequently retreated again, even dropping more than 100 points at one point. The U.S. stock market also performed poorly, with the Dow Jones Industrial Average closing down 469 points.

SocialAnxietyStaker

2026-03-27 03:02:39

Abstract generation in progress

【Hang Seng Index / Hang Seng Index / HS/HSI / 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%, to 4,740 points. Meituan (03690) dropped 0.6% after earnings, AIA (01299) declined over 3%, Bubble Mart (09992) stabilized with a rebound of over 1%.

U.S. stock updates are continuously being refreshed. For details, see: Next Page

Financial Diary:

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Market Trends:

【10:58】BYD (01211) rose over 4%, reaching a high of HKD 107.7.

【10:47】Meituan (03690) turned up 3%, reaching HKD 90.7, lifting the market about 80 points, at 24,935 points, with a turnover of HKD 98.9 billion. The Tech Index rose 0.9%, to 4,805 points.

【10:42】Bubble Mart (09992) stock price halted its decline, rebounding 4%. The company repurchased nearly HKD 600 million worth of shares. Two days after earnings release, the stock has fallen 30%.

【10:24】MINIMAX (00100) fell 6%, to a low of HKD 920. Li Auto (02513) declined half a percent, to HKD 641.5.

【10:15】BYD (01211), which will announce earnings today, performed well before the release, up over 3%, reaching HKD 107.5.

【10:12】Cinda Biotech (01801) rose nearly 7% after earnings, reaching HKD 85.55.

【01801 Earnings】Cinda Biotech achieved its first profit last year, earning RMB 814 million, with no final dividend.

【10:09】Zijin (02899) rose 0.4%, Zijin Gold International (02259) up over 2%, Zhaojin (01818) and Shandong Gold (01787) up over 1%, Lingbao Gold (03330) nearly 3%.

【Gold Price Trend】Gold prices recovered some ground. Trump delays Iran deal deadline again. Turkey’s central bank sold over USD 8 billion worth of gold, increasing downward pressure on gold prices.

【10:09】Xpeng (02026) fell over 13% after earnings, hitting a low of HKD 73.2.

【2026 Earnings】Xpeng reported an adjusted loss of USD 174 million last year, expanding nearly 32% year-on-year. The company aims to expand its driverless fleet to 3,000 units by the end of this year.

【09:53】Hong Kong stocks opened higher but lacked momentum for a sustained rebound. The market recently fell over 100 points, at 24,725 points, down 130 points, with a turnover of HKD 50.9 billion. The Tech Index declined 0.7%, to 4,727 points.

【09:22】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%, to 4,740 points. Meituan (03690) dropped 0.6% after earnings, AIA (01299) declined over 3%, Bubble Mart (09992) stabilized with a rebound of over 1%.

【3690 Earnings】Meituan’s Q4 adjusted loss was RMB 15.08 billion, worse than expected. Wang Xing: First-quarter delivery per order will improve quarter-on-quarter; “AI super portal” at Kuaishou will not be a “Token factory” (Second Edition).

【09:03】Hang Seng Index futures down 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, will return application funds.

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

【07:45】According to Trump’s comments, Iran situation shows progress. Night futures down 8 points, closing at 24,782. The China concept stock index fell 2.6%, closing at 6,721. Meituan ADR stock initially rose, up 3.8% compared to Hong Kong, but later declined due to macro factors, closing 1.6% below the Hong Kong close.

| ADR | HKD Equivalent | Change from HK 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:

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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.

See U.S. stock market close:

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

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