[Hong Kong Stock Market] Hang Seng Index rises over 400 points, Tencent up over 6%, Zhipu and MINIMAX break new highs, CATL gains 9% after earnings release (updating continuously)

【Hang Seng Index / Hang Seng Index / HS/HSI / Hong Kong Stocks / Night Futures / ADR】 Hong Kong stocks rebound nearly 400 points in half a day. U.S. President Trump told foreign media that the war is almost over, and it is expected to end soon. Oil prices fell, leading to a strong opening of the Hang Seng Index with a 331-point increase, opening at 25,740 points. It then fluctuated higher, reaching a maximum gain of 464 points, with a high of 25,872 points. The Hang Seng Index rose 396 points in the first half of the day, closing at 25,804 points, with a turnover of HKD 172.01 billion. The Tech Index increased by 1.4%, closing at 7,120 points. Tencent (00700) surged over 5%, CATL (03750) rose over 7% after earnings, Zhipu (02513) up nearly 7%, MINIMAX (00100) up over 9%, reaching a new high of HKD 1,148 after listing. Financial stocks rebounded, HSBC (00005) and AIA (01299) both up 3%. Oil prices retreated, PetroChina (00857) fell over 2%, CNOOC (00883) declined 1%.

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Financial Daily:

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Market Trends:

【13:05】China Overseas Land & Investment (01997) rose over 3% after earnings, reaching a high of HKD 27.86 in early afternoon.

【13:03】The Hang Seng Index rose about 441 points in early afternoon, at 25,850 points, with HKD 177.5 billion in turnover. The Tech Index increased by 1.7%, at 5,028 points. Tencent (00700) surged over 6%, reaching HKD 550.

【12:37】【Lihua Paper】Lihua Paper reported a 47.8% profit increase last year, final dividend raised to 9.3 cents.

【12:31】【CK Asset】CK Asset reported a net loss of HKD 4.26 billion for the full year, with a 5% increase in basic earnings, and a 10% dividend increase to HKD 0.66.

【12:24】【Lihua Industrial】Lihua Industrial profit rose 15.8% last year, with a final dividend of 14 cents.

【12:00】 The Hang Seng Index rose 396 points in the first half of the day, at 25,804 points, with HKD 172.01 billion in turnover. The Tech Index up 1.4%, at 7,120 points. Tencent (00700) surged over 5%, CATL (03750) rose over 7% after earnings, Zhipu (02513) up nearly 7%, MINIMAX (00100) up over 9%, reaching a new high of HKD 1,148 after listing. Financial stocks rebounded, HSBC (00005) and AIA (01299) both up 3%. Oil prices retreated, PetroChina (00857) fell over 2%, CNOOC (00883) declined 1%.

【11:48】3750 earnings analysis｜CATL Q4 profit exceeds expectations; broker: easing lithium cost concerns

【11:35】Longfor Properties (06869) up 12%, reaching HKD 162.

【11:20】The Hang Seng Index extended gains to over 400 points, at 25,838, up 430 points, HKD 146.9 billion in turnover. The Tech Index up 1.6%, at 5,021.

【11:15】Tencent (00700) increased by 5%, reaching HKD 542.5.

【11:09】【AI+9988】Alibaba DingTalk now connects to OpenClaw, offering unlimited free call quotas.

【11:05】【HSBC】HSBC cancels work-from-home arrangements for Hong Kong customer-facing staff.

【10:47】Market gain narrowed to 208 points, at 25,617, with HKD 117.6 billion in turnover. The Tech Index up 0.4%, at 4,962.

【10:41】Zijin (02899), Zijin Gold International (02259) up 3%, Zhaojin (01818) up nearly 2%, Lingbao Gold (03330) up over 5% to break new high, Shandong Gold (01787) up over 1%.

【Iran Crisis】Trump says the war will end soon; gold prices stabilize and rebound.

【10:41】Local banks｜Fubon Hong Kong last year earned 52% more, benefiting from increased revenue and reduced impairment losses.

【10:21】【HSBC】HSBC launches “HSBC Teens” financial management service for clients aged 11-17; opening an account now could win an iPhone 17 Pro.

【10:06】CATL (03750) up over 9%, reaching HKD 552.

【09:54】HSBC (00005) rebounded over 3%, AIA (01299) up over 2%, Standard Chartered (02888) up half a percent.

【09:53】【AI+700】Tencent stock up 3%; “Tencent Xiaolongxia” WorkBuddy service temporarily unstable due to high demand, now fixed.

【09:52】【AI+2513】Zhipu officially launched AutoClaw, deployable locally in one minute; stock once soared 15%, reaching HKD 666.

【09:42】Hong Kong stocks opened with about 415 points higher, back to around 25,800 points.

【09:32】Baiqin Oil Services (02178), Shandong Molong (00568), China-Hong Kong Petroleum each fell over 20-30%.

【09:28】【IPO】Meige Smart (3268) opened 0.6% higher, earning HKD 18 per lot; oversubscribed 173 times, 5% chance of winning.

【09:22】 The Hang Seng Index opened 331 points higher, at 25,740, with HKD 5.23 billion in turnover. The Tech Index up 2%, at 5,040. CATL (03750) rose 6% after earnings; oil prices fell, with PetroChina and CNOOC down 3-4%. Suncor (03317) up 14%, Zhipu (02513) up over 12%, MINIMAX (00100) up nearly half a percent, reaching a new high of HKD 1,046.

【3750 Earnings】 CATL last year earned over 42% more, paying HKD 69.57 per 10 shares.

【09:07】The Hang Seng Index in dark trading up about 228 points, at 25,613.

【08:49】【Rights Issue】Black Sesame Intelligence offers a 2% discount to raise HKD 630 million for next-gen high-performance chips and market expansion.

【07:45】【Morning Brief】CATL last year earned over 42% more; AI may not improve efficiency but make things more complicated; HSBC app introduces integrated red account service, with a chance to win a gold passbook.

【07:45】War is expected to end soon, oil prices fall, U.S. stocks rebound, night futures close up 103 points, at 25,370. China concept stocks up 1.8%, at 7,083; JD.com U.S. stocks up 2%.

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【07:30】U.S. President Trump told foreign media that the war is nearly over. Dow Jones futures initially fell 886 points to 46,615, S&P 500 futures dropped 1.5% to 6,636, Nasdaq futures down 1.5% to 22,061. The Dow closed up 239 points at 47,740, S&P 500 up 0.8% at 6,795, Nasdaq up 1.4% at 22,695.

See U.S. stock market close: