【Hong Kong Stock Market】Iran War Concerns Ease, Hang Seng Index Rebounds Over 600 Points; AIA Up 7%; New Consumer Stocks Rally; Lao Pu Gold Up 16%, Pop Mart Up 8% (Continuously Updated)

【Hang Seng Index / Hang Seng / HS / HSI / Hong Kong Stocks / Night Futures / ADR】Concerns over Iran war ease, Hong Kong stocks rebound nearly 450 points in half a day. The Hang Seng Index opened 377 points higher at 24,759, then fluctuated upward, rebounding 446 points in the half-day session to 24,828, with a turnover of HKD 149.59 billion. The Tech Index rose 1.4% to 4,779 points. AIA (01299) rose nearly 6%, HSBC (00005) up over 2%, Xiaomi (01810) gained over 1% before earnings, Zijin (02899) up over 5%, BYD (01211) up 4%, Geely (00175) nearly 3% higher, CATL (03750) rose nearly 3%, while Longfor (00960) fell over 3%.

US stocks update continuously, see details on the next page.

Financial Daily:

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Market Trends:

【15:09】Pop Mart (09992), which will announce earnings tomorrow, rose 8%, reaching a high of HKD 219.4. Mistral Group (02097) rose nearly 8% after earnings, and Luk Fook (06181) gained 16%.

【15:02】Hong Kong stocks further increased in the late session, up over 600 points, breaking 25,000.

【14:59】【Hong Kong Investment Company】Gobi Ventures and HKU jointly establish a fund to invest in tech startups, supported by HKIC.

【14:50】Market rose nearly 600 points to a high of 24,977, attempting to recover 25,000, with HKD 223.8 billion in turnover.

【14:19】Hang Seng Index rebounded 500 points, AIA up over 6%, HSBC up over 2%, Zijin up half a percent, Luk Fook up over 12%.

【13:56】【2440】Ming Strategy’s Grade10 and Carole held the first gaming card exhibition “CARDJOY x Grade10,” attracting over 10,000 card enthusiasts.

【13:33】【6831 Earnings】Green Tree Restaurant’s parent company Green Tree Group’s net profit increased 39% to RMB 486 million, with a dividend of HKD 0.52.

【13:28】Cao Cao Mobility (02643) stock fell over 7% against the trend, hitting a low of HKD 27.08, with HKD 48.95 million in turnover.

【13:19】【Hang Seng Bank 2025 Annual Report】Hong Kong commercial real estate loan impairments surged 36% to HKD 27 billion, with non-performing loans worsening to 7.04%.

【13:08】【Family Office】Wealth inheritance academy appoints four family members; who is Zheng Zhigang partnering with?

【13:08】CATL (03750) declined further in the afternoon, down half a percent to HKD 625.

【13:01】Hong Kong stocks rose about 335 points in early afternoon, to 24,717, with HKD 153.2 billion in turnover. The Tech Index up 0.8% to 4,749.

【13:00】【2097 Earnings】Mistral Group’s profit increased 32.7% last year without dividends, with nearly 60,000 stores worldwide. Zhang Hongfu appointed co-chairman.

【12:49】【709 Earnings】Giordano (Giordano) profit increased 0.5%, final dividend up 6.7% to HKD 0.064, plans to revitalize Giordano Ladies and core brands.

【12:23】【Sports Goods Earnings】361 Degrees full-year net profit up 14% to RMB 1.3 billion, final dividend increased 13% to HKD 0.113.

【12:00】 Hang Seng Index rebounded 446 points in the half-day, at 24,828, with HKD 149.59 billion in turnover. Tech Index up 1.4% to 4,779. The following stocks rose: AIA (01299) nearly 6%, HSBC (00005) over 2%, Xiaomi (01810) over 1%, Luk Fook (06181) over 10%, BYD (01211) over 5%, Geely (00175) 4%, CATL (03750) nearly 3%, while Longfor (00960) fell over 3%.

【11:48】【AI+9988】Alibaba DAMO Academy releases new flagship processor “Xuan Tie C950,” performance over 3 times higher than previous generation, suitable for cloud computing.

【11:47】CNOOC (00883) and PetroChina (00857) stocks slightly weaker, CNOOC down 0.1%, PetroChina down 2%.

【11:42】CATL (03750) fell nearly 3%, low of HKD 642.

【11:20】Hang Seng Index rose over 400 points before noon close, surpassing 24,800.

【10:44】Market latest up about 365 points, at 24,748, with HKD 107.3 billion in turnover. Tech Index up nearly 1% to 4,757.

【10:21】【HSBC】Huang Wei appointed as the first Chief AI Officer, AI plays a key role in achieving group goals.

【10:10】【Iran Crisis】Treasury’s Chen Haolian: Family office inquiries are frequent; 20 firms settled or expanded in the first two months of this year.

【10:00】Zijin (02899) rebounded over 2%, Zijin Gold International (02259), Lingbao Gold (03330), Shandong Gold (01787) fell 1%, Zhaojin (01818) down 0.1%.

【Gold Price Trend】Gold prices continue to soften after nine consecutive declines; local gold price per two taels drops below HKD 40,000.

【09:58】WuXi AppTec (02359) rose nearly 7% after earnings, high of HKD 110.5.

【WuXi Group 2359 Earnings】WuXi’s profit last year increased 105% year-on-year, expected total revenue of RMB 51.3-53 billion by 2026.

【09:58】Henderson Land (00012) rose 3% after earnings, high of HKD 31.22.

【Henderson Land】Last year, core profit decreased 38% to over HKD 6 billion; final dividend down over 41% to HKD 0.76.

【09:50】【eMPF】MPF Easy platform fee reduced to 29 cents starting April; Liu Ma Jiaxuan: administrative costs halved compared to before.

【09:42】Hong Kong stocks opened with gains narrowing to within 300 points, at 24,678, up 295.

【09:32】Kaleidoscope Technologies (02729) debuted at HKD 32, up 92.1% from IPO price of HKD 16.66, profit HKD 3,068 per lot of 200 shares. Zijing Holdings (02632) opened at HKD 43.9, down 0.7% from HKD 44.2, loss HKD 15 per lot of 50 shares.

【IPO】Kaleidoscope Technologies (02729) opened 92% higher, earning HKD 3,068 per lot, oversubscribed 2,152 times; Zijing Holdings (02632) opened 0.7% lower, oversubscribed 68 times.

【09:22】Hang Seng Index opened 377 points higher at 24,759, with HKD 3.92 billion in turnover, Tech Index up 1.3% to 4,773. AIA (01299) up over 4%, HSBC (00005) nearly 4%, Xiaomi (01810) over 1%, Luk Fook (06181) up over 10%, opening 10% higher after earnings.

【6181 Earnings】Luk Fook’s profit last year increased 2.3 times, final dividend up 88% to RMB 11.95.

【09:04】Hang Seng futures up about 496 points at 24,857.

【07:45】【Morning Brief】Iranian Parliament Speaker denies negotiations with Trump; Henderson’s last year’s core profit down 38%, final dividend down over 41% to HKD 0.76.

【07:45】Iran war concerns eased, night futures rose 881 points to a high of 25,228, close at 25,020, up 673 points. China concept stocks rose 0.9%, closing at 6,800. Alibaba ADRs in US stocks rose 3%.

More Hong Kong ADRs and Chinese concept stock quotes:

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【07:30】US President Trump claims negotiations with Iran, delaying strikes on power plants, which eased oil prices and boosted stocks. Dow Jones rose 1,134 points to 46,712, S&P 500 up 2.2% to 6,651, Nasdaq up 2.5% to 22,189. After closing, gains narrowed: Dow up 631 points to 46,208, S&P 500 up 1.1% to 6,581, Nasdaq up 1.4% to 21,946.

See US stock market close:

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