HSI1 25,652.97 0.00 --
HSCEI1 8,533.84 0.00 --
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HSI Opens Up 124 pts as BABA-W Ticks Up 1%+; INNOVENT BIO Surges 6%+ After Results
2026-08-26 09:35:51
The three major US stock indices closed up between 0.3% and nearly 0.7%, while oil prices and long-term US Treasury yields retreated. This morning (26th), the HSI opened at 25,635, up 124 pts or 0.49%; the HSCEI opened at 8,500, up 55 pts or 0.65%; and the HSTECH opened at 4,622, up 34 pts or 0.75%.

Major tech names thrived broadly. BABA-W (09988.HK) opened up 1.31% amid reports that Jack Ma had increased his stake by more than HKD600 million over several consecutive days; MEITUAN-W (03690.HK) rebounded 1.3%; JD-SW (09618.HK) and NTES (09999.HK) rose more than 1%; TENCENT (00700.HK) gained 0.68%; XIAOMI-W (01810.HK) added 0.86%.

Iran and Oman reached a temporary security passage arrangement for the Strait of Hormuz, with international oil prices continuing to dive more than 2% this morning. CNOOC (00883.HK) opened down 1.99%, while PETROCHINA (00857.HK) sank 1.59%.

Among blue chips, INNOVENT BIO (01801.HK) opened up 6.49% after 1H profit grew 50%; WUXI BIO (02269.HK) opened up 1.82% after 1H adjusted net profit lifted 38.4%; NONGFU SPRING (09633.HK) jumped up 2.7% after interim net profit climbed 16.6%; LAOPU GOLD (06181.HK) added 1.33% after interim dividend hiked 88% YoY; SHENZHOU INTL (02313.HK) dropped 1.56% after 1H profit faded 40%.
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AASTOCKS Financial News
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