Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
More
【Hong Kong Stock Market】Hang Seng Index Opens Up 54 Points; Tencent Falls 0.6% Ahead of Earnings, Tencent Music Plunges 15% After Results, MINIMAX Rises Over 4% (Continuously Updated)
【Hang Seng Index / Hang Seng / HSIC / Hang Seng / HSI / Hong Kong Stocks / Night Futures / ADR】Hong Kong stocks opened about 50 points higher. The Hang Seng Index opened 54 points higher, at 25,923 points, with a turnover of HKD 5.73 billion. The Tech Index rose 0.1%, reporting 5,112 points. Tencent (00700) fell 0.6 before earnings, Tencent Music (01698) dropped 15% after earnings. MINIMAX (00100) rose over 4%, Pop Mart (09992) increased over 2%. CIFI Group (01888) was reduced through placement, with a 7% decline in stock price and a turnover of HKD 2.78 billion.
U.S. stock updates are continuously refreshed. See details on the next page.
Financial Daily:
▼Click the image to enlarge
Market Trends:
【09:22】Hang Seng Index opened 54 points higher, at 25,923 points, with a turnover of HKD 5.73 billion. The Tech Index rose 0.1%, at 5,112 points. Tencent (00700) fell 0.6 before earnings, Tencent Music (01698) dropped 15% after earnings. MINIMAX (00100) increased over 4%, Pop Mart (09992) up over 2%. CIFI Group (01888) was reduced through placement, with a 7% decline and a turnover of HKD 2.78 billion.
【09:11】Hang Seng Futures up about 90 points, at 25,977.
【08:40】【AI + NVIDIA】NVIDIA reportedly preparing to launch Groq AI chips in China. Jensen Huang: Restarting H200 production.
【08:19】【CIFI Group】CIFI Group discounted 8.7% for placement of CIFI Group’s layered board shares, raising HKD 2.7 billion.
【08:10】【2378 Earnings】Prudential’s full-year new business profit increased 12% year-on-year, expecting double-digit growth again this year.
【07:57】【2057 Earnings】ZTO Express’s full-year profit was RMB 9.08 billion, up 3% year-on-year.
【07:45】【Morning Briefing】Iran’s second-in-command Larijani was assassinated. China Securities Regulatory Commission: Removal of structures in some red-chip companies is normal regulatory requirement. Hong Kong Baby Kingdom’s parent company withdrew US IPO application.
【07:45】Iran’s ongoing conflict, and the Federal Reserve’s mid-week policy meeting, night futures closed up 2 points, at 25,891. The China concept stock index fell 0.7%, at 7,163. HSBC ADR increased 1.6%. US-listed Tencent Music’s stock plunged 25%, despite good earnings and increased dividends.
【TME Earnings】Tencent Music’s stock suddenly halved, dropping 25% in the US market. Despite strong earnings and dividend hikes.
| ADR | Converted HKD | Change from Hong Kong close | | Meituan ADR | 79.38 | -0.77% | | Tencent ADR | 542.29 | -1.40% | | HSBC ADR | 126.80 | +1.60% | | Alibaba US Stock | 133.78 | -0.61% |
More Hong Kong ADRs and Chinese concept stock quotes:
▼Click the image to enlarge
【07:30】US stocks rebounded weakly. Dow rose 481 points at one point, reaching 47,428. It closed up only 46 points at 46,993. S&P 500 gained 0.2%, at 6,716. Nasdaq rose 0.5%, at 22,479.
Check US stock close:
▼Click the image to enlarge
Hong Kong stocks yesterday’s market, see details: 【Hong Kong Night Futures + ADR + Northbound Funds】Tencent Music US stocks plunged, HK stocks down 22%, night futures closed up 2 points.