[Hong Kong Stock Market] Hang Seng Index rises 500 points at the close; AI lobster concept continues to heat up; Tencent up 7%, MINIMAX surges another 20% to reach 1286 HKD; CATL up 8% (updating continuously)

Hong Kong stocks rebounded nearly 400 points in the first half of the day. U.S. President Trump told foreign media that the war is almost over, and there is hope for it to end. Oil prices fell, leading to a strong opening of the Hang Seng Index with a 331-point gain, opening at 25,740 points. It then fluctuated higher, reaching a maximum increase of 464 points, with a high of 25,872 points. The Hang Seng Index rose 396 points in the first half, 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) rose over 5%, Contemporary Amperex Technology (03750) gained over 7% after earnings, Zhipu (02513) up nearly 7%, MINIMAX (00100) surged over 9%, reaching a new high of HKD 1,148 since listing. Financial stocks rebounded, HSBC (00005) and AIA (01299) both up 3%. Oil prices retreated, with PetroChina (00857) down over 2%, CNOOC (00883) down 1%.

U.S. stock market updates continuously; details on the next page.

Financial Daily:

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Market Trends:

【16:00】Hang Seng Futures rose 529 points to 25,937, with HKD 316.38 billion in turnover.

【15:32】【Chinese Capital Enters Hong Kong】No fear of mainland restaurant lease withdrawal! Trendy retail “KKV” opens its first store in Wan Chai Lee Tung Street in March.

【15:32】【Iran Crisis】Cathay Pacific stock rebounded 4%, continuing to cancel flights to Dubai and Riyadh until March 31, with additional flights to London.

【15:27】HSBC (00005) closed near 4% higher at HKD 134.9. AIA (01299) up 4% to HKD 85.3. Standard Chartered (02888) rose nearly 5%, reaching HKD 178.6.

【15:04】Hong Kong stocks rose about 470 points in the late session, closing at 25,878 points, with HKD 266.6 billion in turnover. The Tech Index increased by 1.9%, closing at 5,034 points.

【15:03】【AI + Power】Power equipment stocks perform well. Analysis: Distinguish between AI power generation and traditional power demand. Continue to be optimistic about AI power generation stocks.

【14:22】Pop Mart (09992) fell over 1% against the trend, low at HKD 203.4.

【14:04】Hang Seng Index expanded its gain to 500 points, Tencent rose nearly 7%, Contemporary Amperex Technology up 9%, MINIMAX briefly surpassed HKD 1,200, reaching a high of HKD 1,228.

【13:55】MINIMAX (00100) up 20%, surpassing HKD 1,200, high at HKD 1,208.

【13:52】【Hong Kong Stock Analysis】Half-day gain of over 400 points, approaching the ten-day moving average. After earnings, Nidec (宁德) surged 9%, the strongest among blue chips. Optimism about the end of Iran conflict. Analysis: Northbound funds inflow into the Tech Index is a positive signal.

【13:32】Kingsoft Cloud (03896) stock retraced, down over 4% against the trend, low at HKD 6.93.

【13:26】【1286 Earnings】Yingpu Precision (鹰普精密) post-earnings gain sharply narrowed, profit increased nearly 13% last year, dividend of HKD 0.8, sales growth expected to accelerate in the next 2-3 years.

【13:19】【AI + 100】MiniMax stock hit a new high of HKD 1,148, benefiting from the mainland craze for OpenClaw. Analysis: Industry outlook remains positive; beware of misbuying stocks.

【13:05】Nine Zero (01997) rose over 3% after earnings, reaching HKD 27.86 in early afternoon.

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

【12:37】【Lee & Man Paper】Lee & Man Paper (03323) profit increased 47.8% last year, final dividend raised to HKD 0.093.

【12:31】【1997 Earnings】Nine Zero (00997) turned to a net loss of HKD 4.26 billion for the full year, with core net profit up 5%, dividend increased by 10% to HKD 0.66.

【12:24】【Lee & Man Paper】Lee & Man Paper (03323) profit increased 15.8% last year, final dividend HKD 0.14.

【12:00】Half-day summary: Hang Seng Index up 396 points at 25,804, with HKD 172.01 billion in turnover. Tech Index up 1.4% at 7,120. Tencent (00700) rose over 5%, Contemporary Amperex Technology (03750) up over 7%, MINIMAX (00100) surged over 9%, reaching a new high of HKD 1,148. Financial stocks rebounded, HSBC (00005) and AIA (01299) both up 3%. Oil prices retreated, PetroChina (00857) down over 2%, CNOOC (00883) down 1%.

【11:48】【3750 Earnings】Ningde era’s Q4 profit exceeded expectations; broker: easing lithium cost concerns.

【11:35】【Longfei Optical Fiber (06869)】 rose 12% to HKD 162.

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

【11:15】Tencent (00700) increased to 5%, high at HKD 542.5.

【11:09】【AI + 9988】Alibaba DingDing now integrates OpenClaw, offering unlimited free calls.

【11:05】【HSBC】HSBC cancels WFH 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. Tech Index up 0.4%, at 4,962.

【10:41】Zijin (02899), Zijin Gold International (02259) up 3%. Shandong Gold (01787) up over 1%, with a new high of over HKD 5.

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

【10:41】Local banks: Fubon Hong Kong (HK) profit increased 52% last year, benefiting from higher revenue and lower impairment losses.

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

【10:06】Ningde era’s (03750) share price up over 9%, high at 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 version of Little Lobster” WorkBuddy is popular, causing service instability; it has been fixed.

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

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

【09:32】Baiqin Oil Services (02178), Shandong Molong (00568), China-Hong Kong Petroleum (00632) all fell over 20-30%.

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

【09:22】Hong Kong stocks rebounded strongly at open, up 331 points, opening at 25,740, with HKD 5.23 billion in turnover. Tech Index up 2%, at 5,040. Ningde (03750) rose 6% after earnings; oil prices retreated, with CNOOC and PetroChina down 3-4%. Zhipu (02513) up over 12%, MINIMAX (00100) near half a percent, reaching HKD 1,046, a new high.

【3750 Earnings】Ningde’s profit increased over 42% last year, paying HKD 69.57 per 10 shares.

【09:07】Hang Seng Futures up about 228 points, at 25,613.

【08:49】【Rights Issue】Zhenzhuan Smart offers a 2% discount to raise HKD 630 million for new high-performance chips and market expansion.

【07:45】【Morning Brief】Ningde’s profit up over 42% last year. Using AI may not improve efficiency but cause more brain strain. 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 session closes up 103 points, at 25,370. China concept stocks up 1.8%, at 7,083. JD.com US stocks outperform Hong Kong stocks by 2%.

More Hong Kong stocks ADR and Chinese concept stock quotes:

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【07:30】U.S. President Trump told foreign media that the war is nearly over. Dow Jones Industrial Average initially fell 886 points to 46,615, S&P 500 dropped 1.5% to 6,636, Nasdaq fell 1.5% to 22,061. However, the Dow recovered to close 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:

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Hong Kong stocks yesterday’s market, details at: 【Hong Kong Night Futures + ADR + Northbound Funds】 JD US stocks outperform HK stocks by 2%, night futures close up 103 points