On January 22, 2025, the Hong Kong stock market closed lower. The Hang Seng Index fell by 1.63%, the Hang Seng China Enterprises Index dropped by 1.96%, the Hang Seng Tech Index decreased by 2.40%, and the Hang Seng Composite Index declined by 1.04%.
In terms of sectors, the popular tech stocks in Hong Kong saw significant declines. TENCENT fell by 1.03%, MEITUAN-W dropped by 3.79%, XIAOMI-W decreased by 1.67%, and JD-SW plunged by 4.29%.
TENCENT fell by 1.03%. The 2025 Brand Finance Global 500 list was released, featuring several Chinese companies. Chinese banks such as ICBC, CCB, ABC, and BOC ranked in the top 25. Other companies like Ping An, Kweichow Moutai, and China Mobile also made the list. Apple topped the list with a brand value of $574.5 billion, and TikTok entered the top ten for the first time.
CHINA MOBILE decreased by 0.53%. The 2025 Brand Finance Global 500 list was released, featuring several Chinese companies. Chinese banks such as ICBC, CCB, ABC, and BOC ranked in the top 25. Other companies like Ping An, Kweichow Moutai, and China Mobile also made the list. Apple topped the list with a brand value of $574.5 billion, and TikTok entered the top ten for the first time.
BABA-W fell by 3.07%. The Hong Kong stock market indices experienced declines due to various news, with the Hang Seng Index and Hang Seng Tech Index seeing significant drops. New Oriental's stock also saw a substantial decline.
PETROCHINA dropped by 1.32%. The 2025 Brand Finance Global 500 list was released, featuring several Chinese companies. Chinese banks such as ICBC, CCB, ABC, and BOC ranked in the top 25. Other companies like Ping An, Kweichow Moutai, and China Mobile also made the list. Apple topped the list with a brand value of $574.5 billion, and TikTok entered the top ten for the first time.
CM BANK decreased by 2.26%. The 2025 Brand Finance Global 500 list was released, featuring several Chinese companies. Chinese banks such as ICBC, CCB, ABC, and BOC ranked in the top 25. Other companies like Ping An, Kweichow Moutai, and China Mobile also made the list. Apple topped the list with a brand value of $574.5 billion, and TikTok entered the top ten for the first time.
PING AN fell by 2.78%. The 2025 Brand Finance Global 500 list was released, featuring several Chinese companies. Chinese banks such as ICBC, CCB, ABC, and BOC ranked in the top 25. Other companies like Ping An, Kweichow Moutai, and China Mobile also made the list. Apple topped the list with a brand value of $574.5 billion, and TikTok entered the top ten for the first time.
AIA dropped by 1.44%. Goldman Sachs released a research report, slightly raising AIA's target price to HKD 94 and lowering Prudential's target price to HKD 147. It is expected that AIA and Prudential's return on equity will expand, accelerating capital generation and providing greater returns for shareholders. On January 21, 35 Hong Kong stocks were repurchased by companies, with AIA, COSCO Shipping Holdings, and Times Electric having the largest repurchase amounts.
NTES-S fell by 1.65%. The Hong Kong stock market indices experienced declines due to various news, with the Hang Seng Index and Hang Seng Tech Index seeing significant drops. New Oriental's stock also saw a substantial decline.
JD-SW plunged by 4.29%. The 2025 Brand Finance Global 500 list was released, featuring several Chinese companies. Chinese banks such as ICBC, CCB, ABC, and BOC ranked in the top 25. Other companies like Ping An, Kweichow Moutai, and China Mobile also made the list. Apple topped the list with a brand value of $574.5 billion, and TikTok entered the top ten for the first time. The Hong Kong stock market indices experienced declines due to various news, with the Hang Seng Index and Hang Seng Tech Index seeing significant drops. New Oriental's stock also saw a substantial decline.
XIAOMI-W decreased by 1.67%. Xiaomi's daily sales of mobile phones have reached four times the pre-subsidy level, and the number of store visitors has increased by 55%.
NEW ORIENTAL-S plunged by 24.20%. New Oriental's stock price plummeted over 30% after the market opened. The latest financial report for the first half of the 2025 fiscal year showed a significant decline in net profit and operating profit, falling short of market expectations. Additionally, the stock price of Oriental Selection was also affected, dropping over 9%. The disappointing financial report led to a sharp decline in New Oriental's stock price in the US market as well. Huatai Securities lowered its future net profit forecast for Oriental Selection. Despite this, Huatai Securities remains optimistic about the long-term growth potential of Oriental Selection's live e-commerce business.
NIO-SW fell by 5.87%. This article discusses the growth potential of NIO stock, which has been on a downward spiral since the start of 2021. Despite the struggles faced by the electric vehicle manufacturer, there is an argument to be made for potential growth based on past performance. The article explores whether NIO stock is still worthy of consideration for investors.
COUNTRY GARDEN dropped by 14.91%. The Hong Kong stock market indices experienced declines due to various news, with the Hang Seng Index and Hang Seng Tech Index seeing significant drops. New Oriental's stock also saw a substantial decline.
SUNAC fell by 4.22%. On January 22, 2025, the Hong Kong stock market opened lower. The Hang Seng Index fell by 0.54%, the Hang Seng China Enterprises Index dropped by 0.70%, and the Hang Seng Tech Index decreased by 1.05%. Stocks such as Nio and JD.com also experienced declines. Sunac China's domestic corporate bond restructuring was completed, and it is seeking a more comprehensive solution for its offshore debt. Sunac China's 10 domestic bond restructuring plans were approved by bondholder meetings, with a total scale of RMB 15.4 billion, reducing more than 50% of domestic corporate debt, and the remaining debt extended for up to 9.5 years, with no repayment pressure for the next five years. Sunac China's stock price surged 6% during the session.
