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Hong Kong Stock Market Today: Hang Seng Jumps 1.7% After China GDP Beat as Sigenergy Doubles on Debut

Hong Kong Stock Market Today: Hang Seng Jumps 1.7% After China GDP Beat as Sigenergy Doubles on Debut

Hong Kong’s Hang Seng Index jumped 1.72% to 26,394.26 on Thursday after China’s first-quarter GDP beat forecasts. Tech and battery stocks led gains, with Alibaba up 5.6% and CATL up 9%. Sigenergy surged 103% on debut, raising HK$4.4 billion. Average daily turnover in Hong Kong rose 14% in the first quarter, while IPO fundraising soared 488% year-on-year.
Tencent stock price: WeChat AI “red packet” fight shadows Monday open after HK$547.50 close

Tencent stock price: WeChat AI “red packet” fight shadows Monday open after HK$547.50 close

Tencent shares closed down 1.97% at HK$547.50 on Friday as the company launched a 1-billion-yuan cash giveaway to boost its Yuanbao AI assistant. WeChat restricted sharing of red-envelope promotions, affecting both Tencent and Alibaba. The Hang Seng TECH Index fell 1.11%. Tencent’s board will meet March 18 to approve annual results and consider a final dividend.
8 February 2026
Tencent stock slips to HK$606 as China’s Nvidia H200 signal meets a rougher tape

Tencent stock slips to HK$606 as China’s Nvidia H200 signal meets a rougher tape

Tencent shares fell 2.57% to HK$606.00 Friday as Hong Kong’s Hang Seng Index dropped 2.08% amid a tech selloff and weak Chinese factory data. China’s January manufacturing PMI slipped to 49.3, signaling contraction. Beijing granted conditional approval for DeepSeek and major tech firms to buy Nvidia’s H200 AI chips. Hong Kong markets are closed for the weekend.
31 January 2026
Hang Seng slips at open as Alibaba, Tencent slide — yet Hong Kong stocks eye best month in four

Hang Seng slips at open as Alibaba, Tencent slide — yet Hong Kong stocks eye best month in four

The Hang Seng Index fell 1.5% to 27,545 on Friday, ending a seven-session rally as traders took profits after a multi-year high. Alibaba dropped 1.9% and Tencent lost 1.1%, while materials stocks led declines. Investors await China’s official factory PMI on Saturday, with forecasts pointing to little change from December. Property shares rose this month on reports of eased borrowing limits for developers.
30 January 2026
Tencent stock price: Nvidia H200 chip orders loom as 0700.HK heads into Monday

Tencent stock price: Nvidia H200 chip orders loom as 0700.HK heads into Monday

Tencent shares fell 0.42% to HK$595.00 on Friday, marking a fifth straight loss, while the Hang Seng TECH Index rose 0.62%. Chinese regulators are moving closer to letting tech firms, including Tencent, order Nvidia’s H200 AI chips, according to reports. Tencent also faces backlash over its request to remove WeChat data-export tools from GitHub. The company’s board will meet March 18 to approve annual results.
AMD stock price climbs after Intel flags AI server chip strain — what investors watch next

AMD stock price climbs after Intel flags AI server chip strain — what investors watch next

AMD shares rose 2.3% to $259.65 in after-hours trading Friday following Intel’s warning of server chip shortages for AI data centers. Intel projected quarterly revenue below forecasts, citing unexpected demand. The Nasdaq stock saw heavy volume, with traders watching for AMD’s earnings on Feb. 3 and the Fed decision next week. Nvidia gained after reports of new Chinese orders for its AI chips.
Hang Seng slips as tech drags again, while chip and AI names buck the trend in Hong Kong

Hang Seng slips as tech drags again, while chip and AI names buck the trend in Hong Kong

The Hang Seng Index closed down 0.29% in Hong Kong on Friday, pressured by losses in shipping, casino, and healthcare stocks. Ctrip shares plunged 19% the previous day after news of a China antitrust probe, rattling investors. Semiconductor stocks rose, with Hua Hong Semiconductor up 7.39%. Mainland investors sold about HK$600 million in Hong Kong shares via Stock Connect.
Tencent Holdings stock: buyback keeps pressure on bears as AI bottleneck warning hits tape

Tencent Holdings stock: buyback keeps pressure on bears as AI bottleneck warning hits tape

Tencent repurchased 1,039,000 shares on Jan. 9 for HK$635.9 million, a filing showed, bringing total buybacks under its current mandate to over 108 million shares. The stock closed at HK$611, down 0.81%, underperforming the Hang Seng Tech Index. Tencent cannot issue new shares until Feb. 8. Shares resume trading Monday amid continued volatility in China’s tech sector.
Mastercard Stock (NYSE: MA) Today: Holiday Sales Rise 3.9%, New Tencent Partnership, and Wall Street Forecasts (Dec. 23, 2025)

Mastercard Stock (NYSE: MA) Today: Holiday Sales Rise 3.9%, New Tencent Partnership, and Wall Street Forecasts (Dec. 23, 2025)

Mastercard reported U.S. retail sales rose 3.9% year over year from Nov. 1 to Dec. 21, with e-commerce up 7.4% and in-store sales up 2.9%. Shares traded near $579 Tuesday after the company also announced a new international partnership with Tencent MIDAS focused on digital checkout security. Visa data showed similar holiday sales growth at 4.2%.
Hong Kong Tech Stocks Slide as Hang Seng Tech Hits a Three-Week Low; Alibaba and Tencent Sink on Tax-Rumor Jitters and Global Risk-Off (Dec. 16, 2025)

Hong Kong Tech Stocks Slide as Hang Seng Tech Hits a Three-Week Low; Alibaba and Tencent Sink on Tax-Rumor Jitters and Global Risk-Off (Dec. 16, 2025)

Hong Kong’s Hang Seng Tech Index fell 1.74% on Tuesday, hitting a multi-week low after a midday rumor about “tax recognition” for tech firms triggered heavy selling. Alibaba dropped over 2%, Tencent and Meituan lost more than 1% each, and Tongguan Gold slid more than 6%. The Hang Seng Index closed down 1.54%. No official confirmation of the rumored tax issue was released.
Hang Seng Tech Index Hits Lowest Since Nov. 21 as Hong Kong Stocks Slide on China Growth Jitters and Global Tech Rotation

Hang Seng Tech Index Hits Lowest Since Nov. 21 as Hong Kong Stocks Slide on China Growth Jitters and Global Tech Rotation

Hong Kong’s Hang Seng Index fell 393 points, or 1.54%, to 25,235 on Tuesday, with the Hang Seng Tech Index dropping 1.74% to 5,402, its lowest since late November. Alibaba lost 3.6%, Tencent 1.4%, and SMIC 3.6%. Losses followed weak China economic data and a global retreat from tech ahead of key U.S. releases. Shanghai and CSI 300 indexes also declined.
Best Chinese Stocks to Buy Now (December 2025): Tech, EVs and AI Leaders in a Rebounding Market

Best Chinese Stocks to Buy Now (December 2025): Tech, EVs and AI Leaders in a Rebounding Market

China’s CSI 300 index rose 17% over the past year to about 4,580 in early December, while Hong Kong’s Hang Seng jumped 30% year-to-date, marking its best annual gain since 2017. Despite the rally, Chinese stocks remain cheaper than U.S. peers. The IMF forecasts 4.5–4.8% GDP growth for 2025, but property prices are expected to fall 3.7% next year. Beijing is steering policy support toward tech, EVs, and green sectors.
China Stock Market Today: Shanghai Edges Higher as Hong Kong Tech Rallies and Defence Shares Jump – November 24, 2025

China Stock Market Today: Shanghai Edges Higher as Hong Kong Tech Rallies and Defence Shares Jump – November 24, 2025

Hong Kong’s Hang Seng Index jumped 2% to 25,716.50 on Monday, led by tech giants and a major aluminum IPO. Mainland China’s Shanghai Composite closed nearly flat at 3,836.77 after hitting a six-week low intraday. The CSI Defence Index surged 3.5% following Beijing’s warning to Japan over Taiwan. AI and semiconductor shares rose, while banks and energy stocks lagged.

Stock Market Today

  • Nifty 50 and Sensex Likely to Open Higher on April 29; Market Outlook
    April 28, 2026, 10:42 PM EDT. Indian stock benchmarks Sensex and Nifty 50 are expected to open higher on April 29, reflecting mixed global cues and mildly positive trends in Gift Nifty. Despite Tuesday's declines with Sensex falling 0.54% to 76,886.91 and Nifty dipping below 24,000 to 23,995.70, market analysts forecast a cautious near-term outlook. Sensex faces support at 76,300-76,400 and resistance near 77,300-77,500, with intermittent selling pressure likely. For Nifty 50, technical indicators show a range-bound action with support around 23,800 and resistance at 24,200. Derivative data highlights a narrow trading range, with call options at 24,100 and 24,200 strikes. Experts caution that geopolitical uncertainties and global volatility may limit sharp directional moves, maintaining a slightly negative bias in the short term.

Latest article

AST SpaceMobile Stock’s May 11 Moment: FCC Win Meets BlueBird 7 Reality

AST SpaceMobile Stock’s May 11 Moment: FCC Win Meets BlueBird 7 Reality

29 April 2026
AST SpaceMobile will hold its first-quarter update call on May 11 after winning FCC approval to deploy a 248-satellite constellation for direct-to-device service. Shares fell 6.8% Tuesday, following the loss of its BlueBird 7 satellite in a failed launch. The company expects insurance to cover the loss and is targeting 45 satellites in orbit by end-2026. Investors are watching launch progress and commercial service timing.
OpenAI Target Miss Report Sends Oracle, CoreWeave and AI Stocks Lower

OpenAI Target Miss Report Sends Oracle, CoreWeave and AI Stocks Lower

29 April 2026
Oracle shares fell 4% and CoreWeave dropped 5.9% Tuesday after a Wall Street Journal report said OpenAI missed recent revenue and user targets. Nvidia, AMD, and Arm Holdings also declined, with the iShares Semiconductor ETF down 3.7%. OpenAI denied internal divisions and said its AI coding product Codex reached 4 million users. Oracle’s credit default swaps hit a two-week high amid concern over its $300 billion cloud deal with OpenAI.
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