【Hong Kong Stock Market】Hang Seng Index rises 21 points in the first half of the day but fails to stabilize above 26,000. NIO surges 16% after earnings report. CATL gains another 8%. MINIMAX and Zhipu retreat (updating continuously).

【Hang Seng Index / Hang Seng / HSIC / Hang Seng / HSI / Hong Kong Stocks / Night Futures / ADR】 Hong Kong stocks remain stable in the first half of the day, regaining but then losing 26,000 points. The Hang Seng Index opened 152 points higher at 26,112, then fluctuated. It rose as much as 189 points in the morning, reaching a high of 26,149, but the gains narrowed later. The Hang Seng Index rose 21 points at midday, closing at 25,981, with a turnover of HKD 147.49 billion. The Tech Index increased 0.3% to 5,073 points. NIO (09866) performed well after earnings, rising 16%. CATL (03750) gained over 8%. Tencent (00700) narrowed its gains to 0.5%. MINIMAX (00100) hit a new high of HKD 1,320 before falling back more than 1%. Zhipu (02513) declined 0.6%.

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Financial Daily:

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Market Trends:

【12:02】 Hang Seng Index up 21 points at midday, at 25,981, with HKD 147.49 billion in turnover. Tech Index up 0.3% at 5,073. NIO (09866) performed well after earnings, up 16%. CATL (03750) rose over 8%. Tencent (00700) narrowed gains to 0.5%. MINIMAX (00100) hit a high of HKD 1,320 before retreating over 1%. Zhipu (02513) fell 0.6%.

【12:02】【AI+700】Tencent builds “Lobster Attack Team” Ma Huateng: “More products are coming soon.”

【11:32】【Major Bank Reports】HSBC: Northbound funds’ holdings act as stabilizers; prefer banking stocks over insurance stocks.

【11:27】【Hong Kong Stock Analysis】 Hang Seng Index opened 152 points higher but gains narrowed. CCB International Securities: The sideways pattern persists. Tencent and Alibaba’s earnings are expected to boost market sentiment but may not give a clear direction.

【10:59】 Geely (00175) stock up nearly 9%, BYD (01211) up 2%, NIO (09866) up over 16%, XPeng Motors (09868) up nearly 7%, Li Auto (02015) up nearly 2%.

【10:48】Big Bank Reports for 1997 — CK Asset Holdings’ outlook for tenant sales this year is the most optimistic in years; JPMorgan and Citigroup both raised target prices.

【10:35】【AI+Huawei】He Gang “showcases” Huawei’s Lobster Mini Claw; after testing, he says “Very surprised, quite useful.”

【10:02】CATL (03750) announced strong performance after earnings on Monday, with the stock rising over 6% to a high of HKD 585.

【10:01】Cathay Pacific (00293) up over 2% before earnings, reaching HKD 13.13.

【09:50】Market opened with gains narrowing to about 40 points, struggling to hold above 26,000.

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

【9866 Earnings】NIO’s Q4 last year was profitable for the first time, earning over 100 million RMB. This quarter’s delivery guidance is at least 10,000 vehicles, with revenue more than doubling. Chips successfully sampled, negotiations ongoing (second edition).

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

【08:31】【Iran Crisis】International Energy Agency reportedly proposes releasing over 180 million barrels from reserves; oil prices shift from rise to fall.

【08:09】【Share Offering】Country Garden Hydrogen plans a 12% discount share placement, raising about HKD 150 million.

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

【07:45】【Morning Highlights】Oracle’s earnings beat expectations. NIO’s Q4 last year was profitable, earning over 10 million RMB. HSBC cancels WFH arrangements for Hong Kong client-facing staff.

【07:45】Oil prices decline; night futures close up 25 points at 25,936, with the China concept index up 2% at 7,222. NIO performs well, ADR up 17% from Hong Kong stocks; AI lobster concept stocks Tencent ADR up 4.5%.

More Hong Kong ADRs and Chinese concept stock quotes:

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【07:30】Market anticipates end of US-Iran war; Dow Jones temporarily up 479 points, closing down 34 points at 47,706, S&P 500 down 0.21%, Nasdaq up 0.01%. The Golden Dragon Index, reflecting Chinese concept stocks, up 1.96%.

See US stocks closing:

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