【Hong Kong Stock Market】Hang Seng Index opens lower by 133 points; Cathay Pacific down 3%, Swire rises 4%; both oil stocks up over 1% (continuously updated)

【Hang Seng Index / Hang Seng Index / HS/HSI / Hong Kong Stocks / Night Futures / ADR】Hong Kong stocks open over 100 points lower. Ongoing Iran conflict pushes oil prices up 10%, Hang Seng Index opens down 133 points, at 25,583, with a turnover of HKD 4.33 billion. Tech index drops 0.4%, at 5,006. Cathay Pacific (00293) falls 3%, Swire A (00019) rises 4%, PetroChina (00857) and CNOOC (00883) each up over 1%.

US market updates ongoing, details on the next page

Financial Daily:

▲ Financial Daily

Market Movements:

【09:30】【AI+9618】JD Cloud launches OpenClaw installation event, offering real lobsters on-site

【09:26】Orient Overseas (00316) drops over 3%, last year earnings down 41%, final dividend reduced 68% to HKD 0.42 per share, compared to HKD 1.32 last year.

【Shipping Stocks】OOCL last year earnings down 41%, final dividend HKD 0.42, Middle East tensions add uncertainty

【09:26】Li Auto (02015) drops over 1% after earnings release.

【2015 Earnings】Li Auto’s quarterly adjusted profit down 93%, expects first-quarter revenue to decrease up to 21%. Li Xiang: Launching new Li Auto L9 series in Q2, accelerating overseas expansion (Second Edition)

【09:22】Hang Seng Index opens 133 points lower, at 25,583, with a turnover of HKD 4.33 billion. Tech index down 0.4%, at 5,006. Cathay Pacific (00293) down 3%, Swire A (00019) up 4%, PetroChina (00857) and CNOOC (00883) each up over 1%.

【09:09】Hang Seng futures down about 231 points, at 25,479.

【08:57】【Gold Price Trend】Gold rebounds to $5,100, but expected to decline for the second consecutive week

【08:35】【IPO】Guomin Technology (2701) plans to raise up to HKD 1 billion, a platform-based integrated circuit design company, with an entry fee of HKD 2,182. How much water is in A-shares?

【08:09】【IPO】Feishu Innovation (3355) plans to raise up to HKD 1.66 billion, an online DTC network solutions provider, with a first lot entry fee of HKD 4,202.

【07:45】【293】Swire offers nearly 10% discount on some Cathay Pacific shares, maintaining confidence and firm commitment.

【07:45】【Morning Focus】ICAC and SFC raid 14 locations, detain 6 men and 2 women; funds used insider info to profit HKD 315 million. Iran: Khamenei’s wife not dead, plans to attack US companies and oil facilities in the Middle East.

【07:45】Iran conflict persists, oil prices up 10%, night futures close down 233 points, at 25,467. China concept stocks down 1%, at 7,094. Meituan ADR down 1.4% from Hong Kong.

| ADR | HKD Equivalent | Change from Hong Kong Close | | Meituan ADR | 75.61 | -1.43% | | Tencent ADR | 541.38 | -0.94% | | HSBC ADR | 128.61 | -0.23% | | Alibaba (US) | 131.29 | -0.23% |

More Hong Kong ADRs and Chinese concept stocks quotes:

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【07:30】Iran’s Supreme Leader Khamenei’s son, Mujtaba, issues first statement, vows revenge, opens new frontlines, closes the Strait of Hormuz, pressures enemies, warns all US military bases in Middle East to close immediately or face attack. Dow drops up to 755 points, low at 46,662, closes down 739 points at 46,677. S&P 500 down 1.52%, Nasdaq down 1.78%.

See US market close for details:

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		![](https://img-cdn.gateio.im/social/moments-5bec55226b-d533339e82-8b7abd-ceda62) ▲ US market and Hong Kong ADR quotes

▲ US market and Hong Kong ADR quotes

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Hong Kong stocks yesterday’s market, details at: 【Hong Kong Night Futures + ADR + Northbound Funds】 Night futures close down 233 points, Meituan ADR down 1% from Hong Kong

Financial Hot Talk

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