【Hong Kong Stock Night Futures + ADR + Northbound Funds】Night futures close down 207 points, HSBC ADR down 2% from Hong Kong (updating continuously)

▼Click the image to enlarge

【Hang Seng Index / HS Index / Hang Seng / 恒指 / HSI / Hang Seng Index / Hong Kong Stocks / Night Futures / ADR】 Oil prices soar, heavily impacting the global economy. Trump seeks measures to lower oil prices, leading to a narrowing of global stock market declines. Night futures once fell 720 points, hitting a low of 24,935 points. The closing drop was 207 points, ending at 25,448 points. Chinese concept stocks fell 3.3%, closing at 6,958 points. HSBC ADR fell 2% below Hong Kong prices.

| ADR | Converted HKD | Change from Hong Kong Close | | Meituan ADR | 74.89 | -1.00% | | Tencent ADR | 502.83 | -1.50% | | HSBC ADR | 133.46 | -1.72% | | Alibaba US Stock | 132.29 | -1.86% |

Northbound funds attracted HKD 6 billion, majorly buying Tencent, the Tracker Fund, and the CSI ETF

Northbound funds continued to flow into the market, totaling HKD 6.08 billion for the day, slightly less than Monday (2nd). The main purchases were Tencent (00700) and the Tracker Fund (02800), with net inflows of HKD 2.56 billion and HKD 2.34 billion respectively. The Southbound CSI ETF (03033) also attracted HKD 1.41 billion. On the outflow side, Alibaba (09988) and COSCO Shipping Energy (01138) recorded net outflows of HKD 1.21 billion and HKD 0.38 billion respectively.

▼Click the image to enlarge

【Hang Seng Index / HS Index / Hang Seng / 恒指 / HSI / Hang Seng Index / Hong Kong Stocks / Night Futures / ADR】 Market continues to update

▼Click the image to enlarge

【Hang Seng Index / HS Index / Hang Seng / 恒指 / HSI / Hang Seng Index / Hong Kong Stocks / Night Futures / ADR】 Market continues to update

+11 +10

US Markets Keep Moving, Details on Next Page

Financial Daily:

▼Click the image to enlarge

【Market Trends:】

【18:20】 Northbound funds attracted HKD 6 billion today, majorly buying Tencent, Tracker Fund, and CSI ETF. Hang Seng night futures fell 256 points.

【17:53】【5-Year Plan】 Financial Secretary’s Preparatory Group established to coordinate with the national “14th Five-Year Plan”. Future plans to be incorporated into the drafting team.

【17:39】【National Two Sessions 2026】 Wang Dongsheng suggests launching “New Stock Connect” with A+H shares as pilots to promote RMB internationalization.

【17:19】【Financial Cooperation】 HKMA and Macau Monetary Authority sign revised Memorandum of Understanding, expanding cooperation to financial infrastructure and information exchange.

【17:14】【HKD Fixed Deposit】 4-month HKD fixed deposit yields up to 2.65%, earning HKD 8,800. Several small banks follow HSBC in reducing interest rates.

【17:07】【Iran Crisis】 Cathay Pacific cancels flights to Riyadh and Dubai until March 14; stock drops 2.8%.

【16:57】【Alternative Investments】 Taikang: Hong Kong’s new stock IPOs are the preferred exit options for private equity last year, likely to continue this year. Middle Eastern conflicts may impact capital flows.

【16:51】【HSBC Privatization of Hang Seng】 Ms. Ho Sin-hang’s granddaughter recalls her grandfather’s story, laments inability to prevent delisting.

【16:16】【Accounting Regulation】 Mazars and Taikang failed to timely file audit documents, fined HKD 3.72 million; Taikang faces heavier penalties.

【16:10】 Hang Seng Index drops 291 points, closing at 25,768 points, with a turnover of HKD 370.55 billion. The Tech Index fell 2.3%, closing at 4,876 points. MINIMAX (00100) rose 9% after earnings, PetroChina (00857) up 5%, CNOOC (00883) up over 3%, Zijin (02899) down 6%, Pop Mart (09992) down over 5%.

【16:00】 Hang Seng U-Share futures down 297 points, at 25,762, with HKD 358.12 billion traded.

【15:34】【IPO】 Fast-growing new IPOs successfully listed, raising nearly HKD 2 billion. Last year’s first three quarters saw 20% YoY profit increase.

【15:16】 Hong Kong stocks fell about 288 points in the late session, closing at 25,770, with HKD 315 billion traded. Tech Index down 2.3%.

【15:15】 The 14th National Committee of the Chinese People’s Political Consultative Conference opens at 3 PM on March 4 at the Great Hall of the People, closing on March 11, lasting 7 days.

【14:25】 Pop Mart (09992) recently declined over 6%, hitting HKD 210.

【14:24】 HSBC (00005) down 2%; Standard Chartered (02888) down nearly 4%.

【14:23】 SMIC (00981) down 50%; Huahong Semiconductor (01347) down over 6%.

【14:16】 Hang Seng drops about 300 points, at 25,760.

【13:52】 Market declines extend over 200 points, at 25,826, down 233.

【13:46】 Li Ning (02331) down nearly 50%; Anta (02020) down 3%; Xtep (01368) down 1%.

【13:46】 Hang Seng drops about 150 points, approaching 25,900.

【13:18】【Oil Service & Oil Stocks Analysis】 Rising oil prices boost oil and related stocks. CNOOC (00883) target price raised sharply by 40% by Bank of America.

【13:09】 Market slightly up, latest gain about 41 points, at 26,100.

【13:00】 Hong Kong stocks fall nearly 100 points in early afternoon, Hang Seng at 25,964, down 95, with HKD 191.8 billion traded. Tech Index down 1.2%.

【12:50】【New Stock Battle】 Four new stocks simultaneously IPO; Nian Zhenbang: Youlesai shares most popular for margin trading but only suitable for cash subscription. Which can be margin subscribed?

【12:37】【AI+ Applications】 AI product rankings: Qianwen MAU up over 5 times to 200 million, becoming the third-largest AI app globally.

【12:12】【AI Models】 Alibaba Qianwen open-sources 4 Qwen 3.5 small models; Musk: Impressive.

【12:00】 Half-day Hang Seng down 76 points, at 25,983, with HKD 187.57 billion traded. Tech Index down 1%. MINIMAX (00100) up nearly 18% after earnings, reaching HKD 897.5; Zhipu (00100) up 10%, at HKD 610.

【11:56】【Hong Kong Market Analysis】 Oil stocks support market but fail to prevent Hang Seng from reversing after high open. Analysis: Two Sessions not optimistic; support expected at current levels.

【11:42】【AI Stock Earnings】 Xiyu Technology (MINIMAX) annual revenue up 159%, exceeding expectations. Broker reviews summarized.

【11:28】【Insurance Industry】 CIRC authorizes China Nuclear Industry Group’s self-insurance company; Hong Kong now has 7 self-insurance firms. Zhang Yunzheng: an important part of global enterprise risk management.

【11:22】 PetroChina (00857) up 4%; CNOOC (00883) up over 2%; Sinopec (00386) down over 1%.

【11:21】 Hong Kong stocks again decline before midday close.

【11:13】 HSBC (00005) down 0.1%; Standard Chartered (02888) down nearly 2%.

【10:52】 MINIMAX (00100) up over 18% after earnings, reaching HKD 897.5; Zhipu (00100) up 10%, at HKD 610.

【10:30】 Market rebounds about 36 points, at 26,096.

【09:54】 Hang Seng down about 90 points, at 25,968, again below 26,000.

【09:44】 Market rebound weak, down about 20 points, at 26,039, testing support at 26,000.

【09:43】 NetEase (09999) up over 1%, reaching HKD 181.5.

【09999】 NetEase to become dual primary listing; Northbound funds may buy.

【09:38】 CNOOC (00632) up over 70%, breaking above HKD 1.06, becoming a “penny stock,” with HKD 44.93 million traded.

【09:36】 ASMPT (00522) to announce earnings today, up over 6% before results, reaching HKD 117.

【09:22】 Hang Seng opens 130 points higher, at 26,190, with HKD 4.05 billion traded. Tech Index up 0.6%, at 5,018. MINIMAX (00100) up nearly 10%, Alibaba (09988) up nearly 2%. CNOOC (00632), Shandong Molong (00568), Baqian Oil Service (02178) each up about 15%.

【09:09】 Hang Seng futures up about 107 points, at 26,147.

【08:03】【AI + NVDA Chips】 US considers restricting Nvidia H200 chips, with a limit of 75,000 units per Chinese company.

【07:45】【Morning Highlights】 MINIMAX revenue up 1.6 times YoY last year; analysis of Middle East chaos impact on oil, gold, stocks, and economy.

【07:45】 Under global pressure, Trump accelerates ceasefire efforts. Night futures close up 222 points, at 26,109. Chinese concept stocks decline 1.1%, ending at 7,198. Alibaba US stock gains 2%.

More Hong Kong ADRs and Chinese concept stocks quotes:

▼Click the image to enlarge