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<H Shrs>HSI Leaps 330 pts at Midday; BYD COMPANY, PING AN Soar Post-Results
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On the futures settlement day, the HSI concluded the midday up 330 points or 1.3% at 26,010. The HSCEI grew 122 points or 1.4% to 8,767. The HSTECH rose 52 points or 1.1% to 4,879. The total half-day turnover for the market reached HKD133.086 billion.

Among stocks that have released their results, BYD COMPANY (01211.HK) rallied 2.6% at midday. Its 1Q26 export sales surged 56% YoY. SINOPEC CORP (00386.HK) grew 0.7%. Its 1Q26 net profit hiked 27%. CNOOC (00883.HK) advanced 2.1% alongside oil prices. Its 1Q26 net profit rose 7%.

Related NewsM2 Money Supply YoY for Apr in China is 8.6%, higher than the previous value of 8.5%. The forecast was 8.5%.
PING AN (02318.HK) shot up 5.2%. Its 1Q26 operating profit skyrocketed 8%, beating market expectations. CM BANK (03968.HK) slid 4.4%. Its 1Q26 net profit grew 1.5%, falling short of the market expectations. WH GROUP (00288.HK) dived 6.4%, despite a 9% YoY increase in 1Q26 earnings.

In addition, CPIC (02601.HK) jumped 4.2% on 4% growth in 1Q26 net profit. BYD ELECTRONIC (00285.HK) dropped 1.2%. Its 1Q26 net profit plunged 96%. CHERY AUTO (09973.HK) slipped 5.6% after reporting a 10% decline in 1Q26 net profit.

Among other tech stocks, TENCENT (00700.HK) and NTES-S (09999.HK) grew 0.7% and 1%. BABA-W (09988.HK) gained 2.5%. KUAISHOU-W (01024.HK) and JD-SW (09618.HK) advanced 1.6% and 1.7%. BIDU-SW (09888.HK) went down 2.1%. Automakers LEAPMOTOR (09863.HK) and LI AUTO-W (02015.HK) ticked up over 2%. GEELY AUTO (00175.HK) and NIO-SW (09866.HK) even soared 3.5% and 8%.

Related NewsInflation Rate MoM for Apr in China is 0.3%, higher than the previous value of -0.7%. The forecast was -0.1%.

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