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【Hong Kong Stock Market】Hang Seng Index drops about 439 points during the black period; BYD ADR drops 9% below Hong Kong after earnings (updating continuously)
【Hang Seng Index/HSI/Hang Seng Index/Hang Seng Index/HSI/Hang Seng Index】HSI black futures fell by about 439 points, to 24,520 points. The rise in oil prices continued. At the close of the night session, the futures were down 221 points, closing at 24,630 points. The China concept stock index fell 1.9%, closing at 6,593 points. After BYD’s results, its ADR was 9% lower than the Hong Kong stock.
U.S. stock market updates are coming in constantly. For details, see: Next page
Intraday trend:
【08:56】HSI black futures fell by about 439 points, to 24,520 points.
【08:05】【Property developer stocks 1109 results】China Resources Land: full-year net profit down 0.5% to RMB 25.4 billion; final dividend down 13.7% to RMB 0.966
【07:45】【Morning精點】Pakistan: talks between the U.S. and Iran in the coming days | Pop Mart Wang Ning: confident that Labubu’s IP will be loved by the general public
【07:45】The rise in oil prices continued. At the close of the night session, the futures fell 221 points, closing at 24,630 points. The China concept stock index fell 1.9%, closing at 6,593 points. After BYD’s results, its ADR was 9% lower than the Hong Kong stock.
| ADR | Converted Hong Kong dollars | Change vs. Hong Kong close | | BYD ADR | 96.96 | -8.96% | | Meituan ADR | 84.56 | -1.57% | | Tencent ADR | 486.59 | -1.38% | | HSBC ADR | 123.94 | -0.69% | | Alibaba U.S. stocks | 120.01 | -2.11% |
More Hong Kong stock ADR and China concept stock quotes:
【07:30】U.S. President Trump said he will extend the bombing of Iran’s power plants by another 10 days. This did not ease the market’s worries; instead, there is concern that the war could drag on and affect oil supplies, intensifying the impact on the global economy. U.S. stocks fell last Friday. The Dow closed at 45,166 points, down 793 points; the S&P 500 fell 1.67%; and the Nasdaq fell 2.15%.
Live look at the U.S. stock market close:
Hang Seng stocks’ situation from yesterday— for details, see: 【Hang Seng black futures + ADR + Northbound funds】Night session closed down 221 points; BYD ADR lost the red