[Hong Kong Stock Market] Hang Seng Index drops over 300 points, CNOOC rises over 4% to hit a new high, Guotai Junan International falls 4% (updating continuously)

SocialAnxietyStaker · 2026-03-12T04:05:36+00:00

Hong Kong stocks opened more than 100 points lower, with the Hang Seng Index opening at 25,719 points. The market continued to decline due to the impact of the Iran conflict, with Alibaba and Guotai Junan International shares falling by 2% and 4%, respectively. In the afternoon, the market's decline widened, with the Hang Seng Index trading at 25,559 points before noon and a turnover of 122.4 billion yuan. Oil prices rebounded, with PetroChina and CNOOC shares rising by over 1%.

SocialAnxietyStaker

2026-03-12 04:05:36

Abstract generation in progress

【Hang Seng Index / Hang Seng Index / HS/HSI / Hong Kong Stocks / Night Futures / ADR】Hong Kong stocks opened over 100 points lower. The ongoing Iran conflict continues to trouble the market, with the Hang Seng Index opening down 179 points, at 25,719 points, with a turnover of HKD 3.67 billion. The Tech Index fell 0.6%, reporting 5,024 points. Alibaba (09988) dropped 2%, Guotai Junan International (01788) fell 4%. Oil prices rebounded, with PetroChina (00857) and CNOOC (00883) both rising over 1%.

US stock updates are continuously being refreshed. For details, see: Next Page

Financial Diary:

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Market Movements:

【11:32】Midday, the Hang Seng Index fell about 339 points, closing at 25,559 points, with a turnover of HKD 12.24 billion. The Tech Index dropped 1.3%, at 4,991 points.

【11:28】【Yuzhou Xiangjiang】Yuzhou Xiangjiang High-Level Forum held on March 23-24, themed “Building Legacy” – Xu Zhengyu: Hong Kong highlights its unique advantage as a “Safe Harbor.”

【10:45】【Manulife 945】Manulife Hong Kong and Macau: Ji Rongdao appointed Deputy CEO, continues as Chief Financial Officer.

【10:34】Hang Seng Index extended decline to over 200 points, down 220 points to 25,678, with HKD 8.49 billion in turnover. The Tech Index fell 0.6%, at 5,022 points. PetroChina (00857) rose 3%, CNOOC (00883) up over 4%, hitting a new high of HKD 29.46.

【10:33】MTR (00066) will announce earnings today, down nearly 3% before the release, at HKD 34.06.

【10:22】【AI+OpenClaw】Morgan Stanley: Skeptical about large-scale adoption of OpenClaw products in Mainland China; three major challenges pose significant obstacles.

【10:15】OSL Group (00863) opened high but fell nearly 2%, low at HKD 12.72.

【Stablecoins】HKMA’s first stablecoin license, rumored to include Standard Chartered, HSBC, and OSL.

【10:12】Market turned down again, down by 100 points.

【09:54】【US Tariffs】The US initiates new trade investigations on 16 trading partners including China, Japan, Korea, and Europe, paving the way for new tariffs.

【09:46】Hong Kong stocks turned higher after opening, with the Hang Seng Index up about 10 points, rebounding to around 25,900.

【09:22】Hang Seng Index opened 179 points lower, at 25,719, with a turnover of HKD 36.7 million. The Tech Index fell 0.6%, at 5,024. Alibaba (09988) dropped 2%, Guotai Junan International (01788) fell 4%. Oil prices rebounded, with PetroChina (00857) and CNOOC (00883) both rising over 1%.

【09:09】Hang Seng futures down about 268 points, at 25,612.

【08:50】【AI+OpenClaw】Official reiterates “Lobster” security risks; MIIT issues “Six Musts and Six Don’ts” advice.

【08:32】【Gold Price Trend】Gold prices declined for the second day, affected by rising oil prices and bleak rate hike outlook.

【08:08】【IPO】Guanghe Technology (1989) seeks to raise up to HKD 3.3 billion, a leading mainland PCB company. Entry fee HKD 7,261, how high are A-shares?

【07:45】【Regulatory Actions】CITIC Securities Hong Kong and Guotai Junan International offices searched; Guotai Junan International: takes this seriously, immediately suspends involved employees and their authority. Rumored to involve ECM executive Pan Ju Peng.

【07:45】【Morning Brief】IEA members agree to release 400 million barrels of emergency oil reserves | CITIC Securities Hong Kong and Guotai Junan International offices searched | Mak Kee Kwai Chung officially sells.

【07:45】Iran conflict continues to trouble the market, night futures close down 64 points, at 25,756. The China concept stock index fell 0.8%, at 7,167. HSBC ADR up 1%.

| ADR | HKD Equivalent | Change from Hong Kong Close | | Meituan ADR | 76.61 | -1.02% | | Tencent ADR | 556.85 | +0.88% | | HSBC ADR | 134.55 | +1.16% | | Alibaba US Stock | 133.31 | +0.09% |

More Hong Kong stocks ADR and Chinese concept stock quotes:

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【07:30】US Central Command warns Iran civilians that the regime is using civilian ports along the Strait of Hormuz for military actions, threatening international shipping, and becoming legitimate military targets under international law. Oil prices rise again, Dow Jones drops up to 520 points. The Dow closes at 47,417, down 289; S&P 500 retraces 0.08%, at 6,775; Nasdaq slightly rebounds 0.08%, at 22,716.

Check US stock market close:

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Hong Kong stocks yesterday’s market, details see: 【Hong Kong Stocks Night Futures + ADR + Northbound Funds】 Night futures close down 64 points, HSBC ADR up 1%.

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