【Hong Kong Stock Market】 Hang Seng Index rises over 400 points, Tencent up over 6%, MINIMAX up another 20% to see 1200 yuan, CATL rises 9% after earnings (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 there is hope for it to end. Oil prices fell, leading to a strong open with the Hang Seng Index 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) gained over 5%, CATL (03750) surged over 7% after earnings, Zhipu (02513) increased nearly 7%, MINIMAX (00100) rose over 9% to a new high of HKD 1,148 since listing. Financial stocks rebounded, HSBC (00005) and AIA (01299) up 3%. Oil prices retreated, PetroChina (00857) fell over 2%, CNOOC (00883) declined 1%.

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Economic Diary:

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Market Trends:

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

【13:52】【Hong Kong Stocks Analysis】 Half-day gain of over 400 points, approaching the 10-day moving average. CATL’s strong 9% jump after earnings, the strongest among blue chips. Optimism that Iran war will end. Analysis: Northbound funds inflow into the Tech Index is a positive signal.

【13:32】Kingsoft Cloud (03896) retraced, down over 4% to HKD 6.93.

【13:26】【1286 Earnings】Yingpu Precision’s post-earnings gain narrowed sharply, up nearly 13% last year, paying an 8-cent dividend. 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. Industry outlook remains positive; caution against mispicking stocks.

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

【13:03】Hang Seng Index up 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%, reaching HKD 550.

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

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

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

【12:00】 Half-day gain of 396 points, closing at 25,804, with HKD 172.01 billion in turnover. Tech Index up 1.4% to 7,120. Tencent (00700) rose over 5%, CATL (03750) surged 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) up 3%. Oil prices retreated, PetroChina (00857) fell over 2%, CNOOC (00883) declined 1%.

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

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

【11:20】Hang Seng Index’s gain expanded 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 of HKD 542.5.

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

【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%, China Gold (01818) up nearly 2%, Lingbao Gold (03330) up over 5% to break new highs, 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%, high of 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 experiencing instability due to high demand, now fixed.

【09:52】【AI+2513】Zhipu officially launched AutoClaw, capable of local deployment within a 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】 Hang Seng Index rebounded with a 331-point gain, opening at 25,740, with HKD 5.23 billion in turnover. CATL (03750) rose 6% after earnings; oil prices retreated, with two oil giants down 3% and 4%. Zhipu (02513) up 14%, Tech Index up over 12%, MINIMAX (00100) near 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】Hong Kong Futures opened about 228 points higher, at 25,613.

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

【07:45】【Morning Brief】CATL’s profit increased over 42% last year; using AI may not necessarily improve efficiency, but could become more “brain-burning.” HSBC app introduces integrated red account services, 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%, closing at 7,083, JD.com U.S. stocks up 2%.

More Hong Kong ADRs and Chinese concept stocks 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. 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: