Hong Kong stocks intraday | Three major indices collectively strengthen, with Xiaomi Group and Alibaba leading the gains

Market Overview

▪ In the Hong Kong stock market, the three major indices are collectively strengthening, and market sentiment is warming up.

▪ The Hang Seng Index is currently at 25,710.46, up 1.54%, and has not yet refreshed this week's high.

▪ The Hang Seng Tech Index is at 4,943, up 3.06%, and has not rewritten the stage high.

▪ The China Enterprises Index is at 8,606.79, up 1.84%, and has also not reached this week's high; as of the time of writing, there is still upward pressure, and attention will be paid to trading volume.

Sector Performance

▪ The internet content and information sector is strengthening, with short-term capital attention increasing. The leading Tencent Holdings is up 3.28% during the session, driving the sector upward; Baidu is up 2.85%, with a transaction volume of HKD 855 million.

▪ The retail sector is active, with Alibaba-W strengthening, up 3.48%, and a transaction volume of HKD 9.303 billion, creating an overall positive atmosphere in the sector and attracting incremental funds. JD-SW's stock price surged 8.82%, driven by an upward trend in performance from the beginning of 2026 to the present.

▪ The hardware, storage, and peripherals sector is leading the gains, favored by some funds, with Xiaomi Group-W up 4.72%, driving the sector higher. Lenovo Group's stock price increased by 2.17%.

Macroeconomic Background

▪ The market focus is on PMI and retail data, inflation and unemployment situations, and export trade accounts, with relevant macro data guiding market sentiment.

▪ The flow of southbound funds and U.S. dollar bond rates are also under close attention, with external factors increasing short-term volatility.

▪ The fiscal budget proposal, real estate relief, internet and AI performance guidance, and high-dividend sectors' defensiveness are currently the core macro background, with funds focusing on policy direction.

Popular Stocks

▪ Geely Auto (175.HK) is up 5.54% during the session, with a transaction volume of HKD 591 million. Active capital inflow is driving the stock price higher.

▪ Mengniu Dairy (2319.HK) is up 6.15% during the session, with a transaction volume of HKD 505 million. Strong short-term performance is boosted by warming market sentiment.

▪ Knowledge Atlas (2513.HK) is up 2.60% during the session, with a transaction volume of HKD 592 million. It is attracting attention from some growth-oriented funds.

▪ Kingsoft Cloud (3896.HK) is up 2.22% during the session, with a transaction volume of HKD 592 million. The sector's sentiment is recovering, with steady capital inflow.

▪ XTALPI (2228.HK) is up 2.67% during the session, with a transaction volume of HKD 523 million. Active trading in the short term.

Market Transaction Volume TOP10

▪ Tencent Holdings (00700.HK) latest transaction price is HKD 518.50, up 3.29%, with a transaction volume of HKD 9.820 billion.

▪ Alibaba-W (09988.HK) latest transaction price is HKD 130.80, up 3.56%, with a transaction volume of HKD 9.026 billion.

▪ Xiaomi Group-W (01810.HK) latest transaction price is HKD 33.72, up 4.72%, with a transaction volume of HKD 6.042 billion ▪ Meituan-W (03690.HK) latest transaction price HKD 77.25, up 3.69%, transaction amount HKD 3.051 billion

▪ Yangtze Optical Fibre and Cable (06869.HK) latest transaction price HKD 134.50, down 10.45%, transaction amount HKD 2.950 billion

▪ BYD Company (01211.HK) latest transaction price HKD 92.75, up 0.16%, transaction amount HKD 2.718 billion

▪ China National Offshore Oil Corporation (00883.HK) latest transaction price HKD 26.62, down 0.89%, transaction amount HKD 2.654 billion

▪ AIA Group (01299.HK) latest transaction price HKD 86.00, up 1.06%, transaction amount HKD 2.202 billion

▪ JD-SW (09618.HK) latest transaction price HKD 105.50, up 8.82%, transaction amount HKD 2.183 billion

▪ Shandong Molong (00568.HK) latest transaction price HKD 8.82, up 1.38%, transaction amount HKD 2.156 billion