【Hong Kong Stock Market】Hang Seng Index rises over 300 points in early trading, breaks back above 26,000; Meituan rebounds over 3%, Alibaba and Xiaomi rise nearly 3%, Yiu Choi Securities resumes trading with 50% gain (constantly updated)

SocialAnxietyStaker · 2026-03-17T02:17:28+00:00

Hong Kong stocks opened higher today by 104 points, closing at 25,938 points, with a trading volume of HK$3.88 billion. The Hang Seng Index once surged over 400 points to 26,200 points, as Alibaba and Xiaomi shares rose. Chow Sang Sang issued a profit warning, with its stock price increasing by over 8%. Meanwhile, the impact from international markets continues, such as falling oil prices and Trump postponing his visit to China.

SocialAnxietyStaker

2026-03-17 02:17:28

Abstract generation in progress

【Hang Seng Index / Hang Seng / HSIC / Hang Seng Index / HSI / Hong Kong Stocks / Night Futures / ADR】Hong Kong stocks opened higher by 100 points. The Hang Seng Index opened up 104 points, at 25,938, challenging the 26,000 level. Turnover was HKD 3.88 billion. The Tech Index rose 0.5%, at 5,137 points. Yau Tai Securities Finance (01428) resumed trading with a gain of over 64%. Alibaba (09988) increased 0.9%. CATL (03750) rose over 1% to a new high. Baidu (09888) fell over 2% against the trend.

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

Financial Diary:

▼Click the image to enlarge

Market Trends:

【10:13】Mao Ji Kwai Chung (01716) retraced, stock fell 10% against the trend, low of HKD 3.2.

【10:11】New World (00017) up 0.3%, high of HKD 9.53.

【Family of Zheng Jiachun】Chow Tai Fook Enterprises reportedly seeking refinancing for a June maturing loan involving HKD 7.3 billion.

【10:06】Market gain expanded to 400 points, rebounding to around 26,200.

【10:04】Chow Sang Sang (00116) announced profit, stock up over 8%, high of HKD 14.54.

【116 Profit Announcement】Chow Sang Sang expects last year’s recurring business profit to be HKD 1.6-1.7 billion, up 107%-120% year-on-year.

【10:00】Hong Kong stocks rose over 300 points in early session, back above 26,000. The Hang Seng Index at 26,161, up 327 points. Turnover HKD 59.7 billion. The Tech Index up 1.7%, at 5,199. Alibaba (09988), Xiaomi (01810) rose nearly 3%. Meituan (03690) up over 3%.

【AI Agent】Alibaba establishes Alibaba Token Hub business group.

【09:43】Leap Motor (09863) rose over 4% after earnings, high of HKD 46.66.

【09863 Earnings】Leap Motor turned profitable last year, earning over RMB 500 million, exploring diversified cooperation with Stellantis on vehicles and parts.

【09:43】Zijin (02899) up 0.4%, Zijin Gold International (02259) up 0.5%, Zhaojin (01818) up 0.5%, Shandong Gold (01787) up 0.4%, Lingbao Gold (03330) down 1%.

【Gold Price Trend】Gold remains near USD 5,000, with the US dollar softening and market assessing emergency oil reserve releases.

【09:22】Hang Seng Index opened 104 points higher, at 25,938, challenging 26,000. Turnover HKD 3.88 billion. The Tech Index up 0.5%, at 5,137. Yau Tai Securities Finance (01428) resumed trading with a gain of over 64%. Alibaba (09988) rose 0.9%, CATL (03750) up over 1% to a new high, Baidu (09888) fell over 2% against the trend.

【1428】NDRC “green light” for Ant Group to acquire Yau Tai Securities; trading resumes on 3/17.

【09:04】Hang Seng Futures up about 52 points, at 25,852.

【07:47】【Xi-Trump Meeting】Trump delays China visit by about a month, citing ongoing war and no tricks involved.

【07:45】【Morning Brief】Jensen Huang expects chip revenue next year to reach USD 1 trillion or “still too conservative” | NDRC approves Ant Group’s stake in Yau Tai Securities | Google to expand Gemini to all Hong Kong users.

【07:45】Oil prices and USD index continue to decline. Night futures close up 143 points, at 25,894. Chinese concept stocks index narrows gains to 1%, at 7,215. Baidu US stocks down 3%.

| ADR | HKD Equivalent | Change from HK Market Close | | Baidu US | 119.22 | -3.00% | | Meituan ADR | 77.68 | -0.79% | | Tencent ADR | 562.77 | +0.77% | | HSBC ADR | 125.77 | +1.18% | | Alibaba US | 133.81 | -0.14% |

More Hong Kong ADRs and Chinese concept stock quotes:

▼Click the image to enlarge

【07:30】Major oil-producing countries begin releasing strategic reserves, providing short-term supply. However, Iran situation remains a concern. Trump states he has asked China to postpone the summit with President Xi Jinping by about a month, as commanding the Iran war from Washington is very important to him. The delay reflects Trump’s expectations on the Iran conflict duration. Dow rises 387 points, at 46,946. S&P 500 up 1%, at 6,699. Nasdaq up 1.2%, at 22,374.

See US stock market close:

▼Click the image to enlarge

+10

Hong Kong stocks yesterday market overview, see details at: 【Hong Kong Night Futures + ADR + Northbound Funds】 Night futures close up 143 points. Baidu US stocks down 3%.

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.