【Hong Kong Stock Market】Hang Seng Index Opens 474 Points Lower, Tencent Falls 4% After Results, AIA Drops Over 3%, Xiaomi Gains Over 2% Against the Trend (Continuous Updates)

SocialAnxietyStaker · 2026-03-19T03:26:01+00:00

Hong Kong stocks opened more than 400 points lower, with the Hang Seng Index opening at 25,550 points. Tencent dropped 4%, and AIA fell over 3%. Xiaomi's stock price rose against the market trend by more than 2%. U.S. stocks were affected by the Middle East conflict, with both the S&P 500 and Nasdaq declining. The market anticipates that the Federal Reserve may cut interest rates. The ongoing pandemic continues to impact the economy, and attention should be paid to changes in oil prices and inflation.

SocialAnxietyStaker

2026-03-19 03:26:01

Abstract generation in progress

【Hang Seng Index / Hang Seng Index / HSI / Hang Seng / Hang Seng Index / Hong Kong Stocks / Night Futures / ADR】Hong Kong stocks opened over 400 points lower. The Hang Seng Index opened down 474 points, at 25,550, with a turnover of HKD 4.44 billion. The Tech Index fell 2.1% to 5,000 points. Tencent (00700) dropped 4% after earnings. AIA (01299) declined over 3%. Xiaomi (01810) announced the Mimo-V2-Pro and will release a new generation SU7, with the stock rising over 2% against the trend. CNOOC (00883) rose over 2% following a rise in oil prices.

U.S. stock updates are continuously being refreshed. For details, see: Next Page

Financial Daily:

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Market Movements:

【09:22】 Hang Seng Index opened down 474 points, at 25,550, with a turnover of HKD 4.44 billion. The Tech Index fell 2.1% to 5,000 points. Tencent (00700) dropped 4% after earnings. AIA (01299) declined over 3%. Xiaomi (01810) announced the Mimo-V2-Pro and will release a new generation SU7, with the stock rising over 2% against the trend. CNOOC (00883) rose over 2% following a rise in oil prices.

【09:06】 Hang Seng Futures down about 581 points, at 25,445.

【08:47】【Gold Price Trend】 Gold prices fell for six consecutive days, retreating to around USD 4,800, but have now stabilized slightly.

【08:16】【HSBC】 HSBC is reportedly considering large-scale layoffs in the coming years, possibly affecting around 20,000 jobs due to AI considerations.

【08:05】【AI + 1810】 Xiaomi announced the trillion-parameter Mimo-V2-Pro model. Lei Jun said: “We are relatively low-profile in AI, and our actual progress may be much faster than what everyone sees.”

【07:46】【AIA Earnings】 AIA reported a record high of USD 5.52 billion in new business value for the full year, up 15% at fixed exchange rates. The final dividend increased 10% to HKD 1.4408.

【07:45】 Trump intensifies military actions in the Middle East, attacking oil and gas fields, while Iran retaliates against facilities linked to U.S. companies in the UAE, pushing oil prices higher. Brent crude futures hit USD 111.9. The U.S. dollar index rose 0.5%, back above 100. Night futures closed down 496 points, at 25,479. The China concept stock index fell 2.1%, closing at 7,015.

| ADR | Converted HKD | Change from Hong Kong Close | | Meituan ADR | 78.11 | -2.73% | | Tencent ADR | 517.33 | -6.02% | | HSBC ADR | 125.32 | -2.02% | | Alibaba (US) | 131.71 | -4.35% |

【07:45】【Tencent 700 Earnings Conference】 Tencent ADR down 6%. Liu Cihping: “Profit growth this year may be slower than revenue growth.” Apple tax cut is a positive.

【07:45】【Morning Brief】 Tencent’s Liu Cihping: “Profit growth may lag behind revenue growth this year.” Powell: “Will continue as Chair until a successor is appointed,” and it’s hard to say how Middle East war impacts.

More Hong Kong stocks ADRs and Chinese concept stock quotes:

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【07:30】 The Federal Reserve keeps interest rates steady, expecting one rate cut this year and next. Middle East conflict has caused oil prices to rise nearly 50% this month. Fed Chair Powell emphasized that if inflation shows no signs of progress, rate cuts will not be considered. He expects rising energy prices to push up overall inflation expectations. After Powell’s remarks, the Dow fell 800 points. The Dow closed down 768 points at 46,225. The S&P 500 dropped 1.36%, and the Nasdaq declined 1.46%.

See U.S. stock market close:

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| ADR | HKD Equivalent | Change from HK Close | | Meituan ADR | 78.11 | -2.73% | | Tencent ADR | 517.33 | -6.02% | | HSBC ADR | 125.32 | -2.02% | | Alibaba (US) | 131.71 | -4.35% |

Hong Kong stocks yesterday’s market, for details see: 【Hong Kong Stocks Night Futures + ADR + Northbound Funds】 Night futures close down 496 points. Tencent ADR down 6% from HK.

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