[Hong Kong Stock Market] Hang Seng Index opens down 179 points; China Oil and Petrochemical companies rise 1% against the trend; Guotai Junan International drops 4% (updating continuously)

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【Hang Seng Index / Hang Seng / HSIC / Hang Seng Index / HSI / Hong Kong Stocks / Night Futures / ADR】Hong Kong stocks open over 100 points lower. The ongoing Iran conflict continues to trouble the market, with the Hang Seng Index opening down 179 points, at 25,719, with a turnover of HKD 3.67 billion. Tech stocks fell 0.6%, closing at 5,024 points. Alibaba (09988) dropped 2%, Guotai Junan International (01788) fell 4%. Oil prices rebounded, with PetroChina (00857) and CNOOC (00883) both rising over 1%.

US stock updates are continuously being refreshed. See the next page for details.

Financial Daily:

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Market Trends:

【09:22】 Hang Seng Index opens down 179 points, at 25,719, with a turnover of HKD 3.67 billion. Tech index down 0.6%, at 5,024. Alibaba (09988) down 2%, Guotai Junan International (01788) down 4%. Oil prices rebound, PetroChina (00857) and CNOOC (00883) both up over 1%.

【09:09】 Hang Seng Futures down about 268 points, at 25,612.

【08:50】【AI + OpenClaw】Official reiterates “Lobster” security risks; MIIT issues “Six Musts and Six Don’ts” recommendations.

【08:32】【Gold Price Trend】Gold declines for the second day, pressured by rising oil prices and bleak rate hike outlook.

【08:08】【IPO】Guanghe Technology (1989) plans to raise up to HKD 3.3 billion; leading mainland PCB manufacturer; IPO price HKD 7,261; A-share valuation considerations.

【07:45】【Regulatory Actions】CITIC Securities Hong Kong and Guotai Junan International offices searched; Guotai Junan International states high importance, immediately suspends involved employees; suspected of involving ECM head Pan Ju Peng.

【07:45】【Morning Briefing】IEA members agree to release 400 million barrels of emergency oil reserves; CITIC Securities Hong Kong and Guotai Junan International offices searched; Mak Kee Kuei Chung officially sells off.

【07:45】The Iran conflict continues to trouble the market. Night futures close down 64 points, at 25,756. The China concept stock index drops 0.8%, at 7,167. HSBC ADR up 1%.

ADR HKD Equivalent Change from Hong Kong Close
Meituan ADR 76.61 -1.02%
Tencent ADR 556.85 +0.88%
HSBC ADR 134.55 +1.16%
Alibaba (US) 133.31 +0.09%

More Hong Kong ADRs and Chinese concept stock quotes:

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【07:30】US Central Command warns Iran civilians that Iran is using civilian ports along the Strait of Hormuz for military operations, threatening international shipping, and making them legitimate military targets under international law. Oil prices rise again, Dow Jones drops up to 520 points. The Dow closes at 47,417, down 289; S&P 500 retraces 0.08%, at 6,775; Nasdaq slightly rebounds 0.08%, at 22,716.

Check out US stock market close:

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Hong Kong stocks yesterday’s market, details at: 【Hong Kong Night Futures + ADR + Northbound Funds】 Night futures close down 64 points, HSBC ADR up 1%.

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