【Hong Kong Stock Market Update】Iran War Concerns Ease, Hang Seng Index Rebounds 446 Points at Midday; AIA Up Nearly 6%, HSBC Up Over 2%, Xiaomi Up 1% Before Results (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 the first half of the day. The Hang Seng Index opened 377 points higher at 24,759, then fluctuated upward, rebounding 446 points in the first half to 24,828. Turnover was HKD 149.59 billion, and the Tech Index rose 1.4% to 4,779. AIA (01299) rose nearly 6%, HSBC (00005) gained over 2%, Xiaomi (01810) increased over 1% before earnings, Zijin (02899) up over 5%, BYD (01211) up 4%, Geely (00175) nearly 3%, CATL (03750) rose nearly 3%, while Nio (NIO) fell over 3% against the trend.

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Financial Daily:

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Market Trends:

【12:00】 Hang Seng Index rebounded 446 points in the first half, at 24,828, with HKD 149.59 billion in turnover. The Tech Index up 1.4% at 4,779. AIA (01299) rose nearly 6%, HSBC (00005) gained over 2%, Xiaomi (01810) increased over 1%, Zijin (02899) up over 5%, BYD (01211) up 4%, Geely (00175) nearly 3%, CATL (03750) rose nearly 3%, while Nio (NIO) fell over 3%.

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

【11:47】CNOOC (00883) and PetroChina (00857) underperform against the trend, with CNOOC down 0.1%, PetroChina down 2%.

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

【11:20】Before the midday close, the Hang Seng Index extended gains to over 400 points, surpassing 24,800.

【10:44】The market rose about 365 points to 24,748, with HKD 107.3 billion in turnover. The Tech Index rose nearly 1% to 4,757.

【10:21】【HSBC】HSBC appoints David Rice as the first Chief Artificial Intelligence Officer. AI plays a key role in achieving group goals, says AI expert.

【10:10】【Iran Crisis】Financial Secretary Paul Chan: Family offices are making more inquiries; 20 firms established or expanded in the first two months of this year.

【10:00】Zijin (02899) rebounded over 2%, Zijin Gold International (02259), Lingbao Gold (03330), and 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 tael drops below HKD 40,000.

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

【WuXi PharmaTech 2359 earnings】Profit last year increased 105% year-on-year; expected total revenue for 2026 is HKD 51.3 to 53 billion.

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

【Henderson Land】Last year’s 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 points.

【09:32】Kaleidoscope Technologies (02729) debuted at HKD 32, up 92.1% from IPO price of HKD 16.66, with a profit of HKD 3,068 per lot of 200 shares. Zijing Holdings (02632) opened at HKD 43.9, down 0.7% from HKD 44.2, with a loss of 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 slightly lower by 0.7%, oversubscribed 68 times.

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

【6181 Earnings】Old Gold last year earned 2.3 times more, with an 88% increase in final dividend to HKD 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 Land’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, closing at 25,020, up 673 points. China concept stocks rose 0.9%, closing at 6,800. Alibaba US stocks rose 3%.

More Hong Kong ADRs and Chinese concept stocks quotes:

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【07:30】U.S. President Trump claims negotiations with Iran, temporarily halting strikes on power plants, boosting oil prices and 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. Closing gains narrowed; Dow up 631 points at 46,208, S&P 500 up 1.1% at 6,581, Nasdaq up 1.4% at 21,946.

See US stock market close: