[Hong Kong Stock Market] The Hang Seng Index drops over 200 points, testing 25,000 again. Alibaba, Xiaomi, and Meituan all fall 3%. Sunny Optical rises 4% against the trend (updating continuously).

SocialAnxietyStaker · 2026-04-02T02:44:23+00:00

Hong Kong stocks closed lower, with the Hang Seng Index opening down 39 points at 25,254 points, with a turnover of 30.6 billion yuan. Several technology stocks such as Alibaba, Meituan, and Xiaomi all fell more than 3%. HSBC rose against the trend by 0.8%, as market sentiment was affected by fluctuations in the US stock market.

SocialAnxietyStaker

2026-04-02 02:44:23

Abstract generation in progress

[Hang Seng Index/HSI/Hang Seng Index/港股/夜期/ADR] Hong Kong stocks soften. The Hang Seng Index opened 39 points lower, at 25,254 points; turnover was HK$3.06 billion. The Hang Seng Tech Index fell 0.5%, to 4,732 points. Alibaba (09988)
fell more than 1%, HSBC (00005)
rose 0.8%, Zijin (02899)
rallied another 0.9%.

U.S. stock market updates are continuously refreshed. For details, please see: Next page

Intraday performance:

【10:26】Alibaba (09988),
Meituan (03690),
Xiaomi (01810)
fell more than 3%; Tencent (00700)
fell more than 1%.

【10:24】Techtronic? no—Optics Group (02382)
rose more than 4% against the trend, hitting a high of 60.1 yuan.

【10:13】The broader market fell by about 250 points, and then retested the 20,000-5 threshold.

【09:38】Geely (00175)
rose 5% against the trend, breaking the high to hit 23.14 yuan.

【09:22】The Hang Seng Index opened 39 points lower, at 25,254 points; turnover was HK$3.06 billion. The Hang Seng Tech Index fell 0.5%, to 4,732 points. Alibaba (09988)
fell more than 1%, HSBC (00005)
rose 0.8%, Zijin (02899)
rallied another 0.9%.

【09:07】【22】“Rent-collection king” Ren’s family plans to sell Manson Holdings at a 38% discount in a full sale, raising up to HK$230 million

【08:58】The Hang Seng Index night futures rose by about 105 points, to 25,367 points.

【08:31】【9863】Stellantis reportedly in talks with Leapmotor in idle factories in Canada to cooperate on production of electric vehicles

【07:45】【Morning Focus】SpaceX secretly files IPO application｜One article to see how China’s NEV plants performed in March｜Zhipu AI has its target price raised by JPMorgan

【07:45】Night session futures closed up 3 points, closing at 25,301 points. The Nasdaq China Concept Index rose 0.3%, closing at 6,774 points. HSBC ADR closed up 3% in HK.

| ADR | Converted HKD | Change vs. prior close | | Meituan ADR | 81.71 | -0.29% | | Tencent ADR | 497.70 | +0.22% | | HSBC ADR | 133.96 | +2.81% | | Alibaba U.S. stock | 121.22 | -1.21% |

More Hong Kong stock ADRs and China concept stock quotes:

					▼Click image to enlarge
					

				


	
	
	
	
	

				

				


	
	
	
	
	

				

				


	
	
	
	
	

						+7
				

				


	
	
	
	
	

						+6
				

				


	
	
	
	
	

				

				


	
	
	
	
	

				

				


	
	
	
	
	

				

				


	
	
	
	
	

				

				


	
	
	
	
	

						+9
				

				


	
	
	
	
	

						+8

Hong Kong stocks—last day’s market conditions; for details, please see: 【Hong Kong night futures + ADR + Northbound funds】HSBC ADR closes up 3% on Hong Kong stocks; night futures close up 3 points

		Finance Hot Talk
	





	Is there a risk of a prolonged war between Iran and the U.S.? Is the market underestimating the risk of a global economic recession?

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.