[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)

【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 rebound in the Hang Seng Index, which opened up 331 points at 25,740. It then fluctuated higher, reaching a maximum increase of 464 points, with a high of 25,872. The Hang Seng Index rose 396 points in the first half of the day, closing at 25,804, with a turnover of HKD 172.01 billion. The Tech Index rose 1.4% to 7,120 points. Tencent (00700) surged over 5%, CATL (03750) rose over 7% after earnings, Zhipu (02513) increased nearly 7%, MINIMAX (00100) jumped 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, PetroChina (00857) fell over 2%, CNOOC (00883) declined 1%.

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

Financial Daily:

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Market Trends:

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

【15:32】【Chinese Capital Invades Hong Kong】No fear of mainland restaurant lease withdrawal! Trendy retail “KKV” opened 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 up nearly 4%, 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 afternoon, closing at 25,878, with HKD 266.6 billion in turnover. The Tech Index increased 1.9% to 5,034.

【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-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%, CATL increased 9%, MINIMAX briefly broke HKD 1,200, reaching a high of HKD 1,228.

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

【13:52】【Hong Kong Stock Analysis】Half-day gain of over 400 points, approaching the 10-day moving average. CATL surged 9% after earnings, the strongest among blue chips. Optimism over the end of Iran conflict. 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 gains narrowed sharply, profit increased nearly 13% last year, with an 8-cent dividend. Sales growth expected to accelerate over 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 mis-speculating on stocks.

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

【13:03】Hang Seng Index rose about 441 points in early afternoon, at 25,850, with HKD 177.5 billion in turnover. Tech Index up 1.7% to 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 Zero turned to a net loss of HKD 4.26 billion, with core net profit up 5%, dividend increased by 10% to HKD 0.66.

【12:24】【Liwen Industry】Liwen Cultural & Technical increased profit by 15.8% last year, with a final dividend of 14 cents.

【12:00】Half-day rise of 396 points in Hang Seng, closing at 25,804, with HKD 172.01 billion in turnover. Tech Index up 1.4% to 7,120. Tencent (00700) surged over 5%, CATL (03750) rose over 7%, Zhipu (02513) increased nearly 7%, MINIMAX (00100) up 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) fell over 2%, CNOOC (00883) declined 1%.

【11:48】【CATL Earnings Analysis】CATL’s Q4 profit exceeded expectations. Brokers: Easing concerns over lithium cost increases.

【11:35】【Longfei Optical Fiber Cable (06869)】Up 12%, high at HKD 162.

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

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

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

【11:05】【HSBC】HSBC cancels WFH 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% to 4,962.

【10:41】Zijin (02899), Zijin Gold International (02259) up 3%; Shandong Gold (01787) surged over 5%, hitting a new high; Lingbao Gold (03330) up nearly 2%.

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

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

【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) increased 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 Little Lobster” WorkBuddy service experienced instability due to high demand, now fixed.

【09:52】【AI + 2513】Zhipu officially launched AutoClaw, deployable locally in one minute, 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】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, at 25,740, with HKD 5.23 billion in turnover. Tech Index up 2% to 5,040. CATL (03750) rose 6%, oil prices fell, 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】CATL 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 (Black Sesame) offers a 2% discount to raise HKD 630 million for next-gen high-performance chips and market expansion.

【07:45】【Morning Brief】CATL’s profit up over 42% last year. Using AI may not improve efficiency but complicate tasks. HSBC app introduces integrated red account 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 up 1.8%, at 7,083. JD.com U.S. stocks and Hong Kong stocks both up 2%.

More Hong Kong ADRs 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. By the close, Dow gained 239 points to 47,740, S&P 500 rose 0.8% to 6,795, Nasdaq increased 1.4% to 22,695.

See U.S. stock market close: