【Hong Kong Stock Market】Hang Seng Index closes up 500 points, Tencent up 7%, MINIMAX rises another 20% to a high of 1286 yuan, CATL up 8% (updating continuously)

【Hang Seng Index / Hang Seng / HSIC / Hang Seng Index / 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 there is hope for it to end. Oil prices fell, leading to a high open of 331 points for the Hang Seng Index, opening at 25,740 points. It then fluctuated upward, reaching a maximum of 464 points, hitting 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 rose 1.4%, closing at 7,120 points. Tencent (00700) gained over 5%, Contemporary Amperex Technology (03750) rose over 7% after earnings, Zhipu (02513) increased 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%.

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Financial Daily:

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Market Trends:

【15:27】HSBC (00005) closed nearly 4% higher, reaching HKD 134.9. AIA (01299) up 4%, reaching HKD 85.3. Standard Chartered (02888) up 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 a turnover of HKD 266.6 billion. The Tech Index increased 1.9%, closing at 5,034 points.

【15:03】【AI + Power】Power equipment stocks perform well. Analysis: AI power generation has different demand from traditional power generation. Continued optimism for AI power-related 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 increased 9%, MINIMAX briefly surged past HKD 1,200, reaching a high of HKD 1,228.

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

【13:52】【Hong Kong Market Analysis】Half-day gain of over 400 points, approaching the ten-day moving average. Nidec’s strong post-earnings jump of 9%, the strongest among blue chips. Optimism that Iran war may end. Analysis: Northbound funds inflow into the Tech Index is a positive signal.

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

【13:26】【1286 Earnings】Yingpu Precision’s post-earnings gain sharply narrowed. Last year profit increased nearly 13%, dividend 8 cents. 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 of OpenClaw. Analysis: Industry outlook remains positive. Reminder: avoid mispicking stocks.

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

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

【12:37】【Liwen Paper】Liwen Paper earned 47.8% more last year, final dividend increased to 9.3 cents.

【12:31】【1997 Earnings】Nine Dragons Paper turned to a net loss of HKD 4.26 billion for the full year, core net profit increased 5%, dividend increased 10% to HKD 0.66.

【12:24】【Liwen Industry】Liwen Cultural Engineering earned 15.8% more last year, final dividend 14 cents.

【12:00】Half-day gain of 396 points for Hang Seng Index, at 25,804, with HKD 172.01 billion in turnover. Tech Index up 1.4%, at 7,120. Tencent (00700) gained over 5%, Nidec (03750) rose over 7% after earnings, Zhipu (02513) increased nearly 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】Analysis of 03750 earnings — Nidec’s Q4 profit exceeded expectations. Brokers: easing concerns over lithium cost increases.

【11:35】CCT Fibernet (06869) up 12%, high at HKD 162.

【11:20】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 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’s 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 5%, hitting a new high, up over 1%.

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

【10:41】Local banks — Fubon Hong Kong earned 52% more last year, 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】Nidec (03750) 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 rose 3%. “Tencent version of Little Lobster” WorkBuddy experienced service instability due to popularity, 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, rebounding to around 25,800.

【09:32】Bakken Oil Service (02178), Shandong Molong (00568), China-Hong Kong Petroleum (00632) all 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】Hang Seng Index rebounded 331 points at open, opening at 25,740, with HKD 5.23 billion in turnover. Tech Index up 2%, at 5,040. Nidec (03750) rose 6% after earnings. Oil prices retreated, with two oil giants down 3-4%. Zhipu (02513) up over 12%, MINIMAX (00100) nearly half a percent higher, reaching a new high of HKD 1,046.

【3750 Earnings】Nidec earned over 42% more 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】Zhenzhen Sesame Smart offers a 2% discount to raise HKD 630 million for new high-performance chip R&D and market expansion.

【07:45】【Morning Brief】Nidec earned over 42% more last year. Using AI may not improve efficiency but make it more “brain-burning.” HSBC app introduces integrated red book services, with a chance to win a gold passbook.

【07:45】War may end soon, oil prices fall, U.S. stocks rebound. Night futures close up 103 points, at 25,370. China concept stocks index up 1.8%, at 7,083. JD.com U.S. stocks outperform Hong Kong stocks by 2%.

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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, the S&P 500 dropped 1.5% to 6,636, and Nasdaq fell 1.5% to 22,061. However, by the close, Dow rose 239 points to 47,740, S&P 500 up 0.8% at 6,795, Nasdaq up 1.4% at 22,695.

See U.S. stock market close: