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<H Shrs>HSI Closes Up 272 Pts as MEITUAN-W Spikes 14%; POP MART Dives 22%+
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The HSI climbed 272 points or 1.1% to close at 25,335. The HSCEI added 83 points or 1% to close at 8,582. The HSTECH ascended 92 points or 1.9% to 4,922. Total market turnover for the day amounted to $350.933 billion. POP MART (09992.HK) announced at midday that its annual net profit surged 3.09x, but revenue from sales of THE MONSTERS and other IPs missed HSBC Global Research’s earlier expectations. The stock sank 22.5% to close at $168.3, with turnover spiking to $24.46 billion. MEITUAN-W (03690.HK) soared 13.9% to $90, while BABA-W (09988.HK) and JD-SW (09618.HK) leaped 4.6% and 4.9%. XIAOMI-W (01810.HK) reported a 24% YoY decline in adjusted net profit for 4Q25, in line with forecast, denting its share price by 0.5%. Citi Research and UBS lowered their target prices for the company. SENSETIME-W (00020.HK) narrowed its full-year loss to RMB1.766 billion, with 2H25 EBITDA turning positive for the first time, yet its stock price faded 1.6%. PA GOODDOCTOR (01833.HK) reported a 1.61x YoY increase in full-year adjusted net profit, and its share price rallied 10.9%. In addition, TENCENT (00700.HK) shed 1.7%, while BIDU-SW (09888.HK) and NTES-S (09999.HK) ebbed 0.5%. KUAISHOU-W (01024.HK) ticked up 0.5%. AAStocks Financial News Website: www.aastocks.com |
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