[Hong Kong Stock Market] Hang Seng Index opens 152 points higher, surpassing 26,000; AI lobster concept stocks, Tencent up over 4%; NIO surges 15% after earnings release (updating continuously)

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【Hang Seng Index / Hang Seng Index / HSI / Hang Seng / Hang Seng Index / Hong Kong Stocks / Night Futures / ADR】 Hong Kong stocks opened about 150 points higher, surpassing 26,000. The Hang Seng Index opened 152 points higher, at 26,112 points, with a turnover of HKD 5.49 billion. The Tech Index rose 0.9%, reporting 5,104 points. Tencent (00700) rose over 4%, NIO (09866) surged 15% after earnings, MINIMAX (00100) and Zhipu (02513) retreated 3%.

US stock updates are ongoing, see details on the next page.

Financial Daily:

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Market Trends:

【09:22】 Hang Seng Index opened 152 points higher, at 26,112 points, back above 26,000 level, with a turnover of HKD 5.49 billion. The Tech Index up 0.9%, at 5,104 points. Tencent (00700) rose over 4%, NIO (09866) surged 15% after earnings, MINIMAX (00100) and Zhipu (02513) retreated 3%.

【9866 Earnings】 NIO recorded its first profit in Q4 last year, earning over 1 billion RMB. This quarter’s delivery guidance is at least 10,000 vehicles, with revenue more than doubling. Chips successfully tested, in negotiations with companies (second edition).

【09:09】 The Hang Seng Index futures rose about 55 points, at 26,001 points.

【08:31】【Iran Crisis】 The International Energy Agency reportedly proposed releasing over 180 million barrels of oil reserves, causing oil prices to shift from rising to falling.

【08:09】【Share Offering Trend】 China Fortune Hydrogen plans a 12% discount share offering, raising about HKD 150 million.

【07:56】【AI + 9888】 Baidu launches “Lobster Market” after Tencent, offering “one-stop” services.

【07:45】【Morning Highlights】 Oracle’s earnings beat expectations. NIO’s Q4 profit and over 1 billion RMB earnings. HSBC cancels WFH arrangements for Hong Kong customer-facing staff.

【07:45】 Oil prices fell, night futures closed up 25 points, at 25,936 points. China concept stocks index rose 2%, closing at 7,222 points. NIO performed well, ADR up 17% of Hong Kong stocks, AI lobster concept stocks Tencent ADR up 4.5%.

ADR Converted HKD Change from HK market close
NIO US 44.60 +16.93%
Meituan ADR 78.55 -0.69%
Tencent ADR 578.66 +4.55%
HSBC ADR 134.32 -1.16%
Alibaba US 133.84 +0.25%

More Hong Kong stocks ADR and Chinese concept stock quotes:

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【07:30】Market anticipates the end of the US-Iran war, Dow Jones temporarily up 479 points, closing down 34 points at 47,706, S&P down 0.21%, Nasdaq up slightly 0.01%. The Golden Dragon Index, reflecting Chinese concept stocks, rose 1.96%.

See US stock market close:

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Hong Kong stocks yesterday, details at: 【Hong Kong Night Futures + ADR + Northbound Funds】 Tencent ADR up 5% in HK, NIO US stocks up 17% in HK, night futures closed up 25 points.

Financial Hot Talk

Is the safe-haven role of gold failing? Are war fears triggering rate hike concerns?

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