American Depositary Receipts (ADRs)

American Depositary Receipts (ADRs) reflect the sentiment of U.S. investors toward the underlying assets, making them a crucial reference point for investment decisions. Analyzing the trends of Hong Kong ADRs allows investors to gauge the potential performance of corresponding stocks in the Hong Kong market on the following trading day.

ADR Proportional HSI Index
Calculated based on HSI constituents' ADR and HK stocks last close price
23,605.83
(0.44%)

Top Gainer

(0177)JIANGSU EXPWY
(18.66%)

Top Loser

(9961)TRIP.COM GRP L
(6.81%)
Last updated: 2025-06-19 08:30

IT and Technology

Stock Code
ADR Price
ADR Change
Equivalent (HKD)
Change from Previous Day (%)
Impact on HSI
Warrant Top Pick CBBC Top Pick
(0700)TENCENT HLD AD 64.62 0.77% 507.26 0.14% 2.752 25743(Call) 52789(Bear)
(0992)LENOVO GP ADR 23.10 0.73% 9.067 0.69% 0.806 15993(Call)
(1810)XIAOMI CORPO D 33.90 0.35% 53.22 1.07% 16.521 16452(Call) 56197(Bear)
(2018)AAC TECHNOLO D 5.039 1.77% 39.56 2.56% N/A 14460(Call)
(2382)SUNNY OPT TEC 80.76 2.30% 63.40 3.14% 2.307 15995(Call) 57758(Bull)
(3690)MEITUAN ADR 33.69 3.16% 132.23 0.80% 9.254 16455(Call) 57772(Bull)
(9618)JD.COM INC ADR 32.49 2.05% 127.52 1.45% 5.162 27084(Call) 50805(Bull)
(9626)BILIBILI INC 20.25 1.70% 158.96 0.77% N/A
(9888)BAIDU INC ADS 84.54 1.71% 82.95 0.47% 0.800 25692(Call) 65091(Bull)
(9961)TRIP.COM GRP L 56.54 6.81% 443.83 4.18% 8.327 17508(Call)
(9988)ALIBABA GRP AD 113.49 1.34% 111.36 0.75% 13.869 17533(Put) 66452(Bull)
(9999)NETEASE INC AD 128.46 0.88% 201.68 1.14% 5.043 17536(Call) 61836(Bull)

Finance

Stock Code
ADR Price
ADR Change
Equivalent (HKD)
Change from Previous Day (%)
Impact on HSI
Warrant Top Pick CBBC Top Pick
(0005)HSBC HOLDING A 59.19 1.15% 92.93 1.23% 23.030 13397(Call) 68513(Bull)
(0011)HANG SENG BK O 14.52 0.48% 113.98 0.54% 0.730
(0388)HONG KONG EX A 51.21 2.08% 401.99 0.50% 3.815 16781(Call) 58522(Bull)
(1299)AIA GROUP ADR 34.68 0.97% 68.06 0.06% 0.696 13498(Call)
(2388)BOC HONG KONG 89.36 1.41% 35.07 0.50% 1.033

China Bank

Stock Code
ADR Price
ADR Change
Equivalent (HKD)
Change from Previous Day (%)
Impact on HSI
Warrant Top Pick CBBC Top Pick
(0939)CHINA CON BK A 19.39 0.05% 7.610 0.52% 6.736 17501(Call)
(1288)AGR BK OF CHIN 17.64 0.56% 5.539 0.74% N/A
(1398)INDS&COM BK AD 15.39 0.20% 6.041 0.49% 3.837 16649(Call)
(3968)CHINA MRCHNT A 33.53 3.34% 52.64 0.96% 3.131
(3988)BK OF CHINA AD 14.47 0.48% 4.544 1.01% 6.122 15379(Call)

China Insurance

Stock Code
ADR Price
ADR Change
Equivalent (HKD)
Change from Previous Day (%)
Impact on HSI
Warrant Top Pick CBBC Top Pick
(2318)PING AN INS 11.95 1.56% 46.90 0.31% 1.553 15999(Call) 68530(Bull)
(2328)PICC PROP CS A 46.45 1.90% 14.59 0.38% N/A

Motor

Stock Code
ADR Price
ADR Change
Equivalent (HKD)
Change from Previous Day (%)
Impact on HSI
Warrant Top Pick CBBC Top Pick
(0175)GEELY ATMBLE A 40.93 0.78% 16.06 0.71% 1.097 15997(Call)
(1211)BYD COMPANY LT 97.19 1.28% 127.16 0.27% 1.999 17534(Put) 66446(Bull)
(2015)LI AUTO INC AD 26.42 1.93% 103.70 0.39% 0.881 28417(Call)
(9866)NIO INC 3.42 0.58% 26.85 0.17% N/A
(9868)XPENG INC ADR 18.61 0.21% 73.04 1.09% N/A 56584(Bull)

Airway

Stock Code
ADR Price
ADR Change
Equivalent (HKD)
Change from Previous Day (%)
Impact on HSI
Warrant Top Pick CBBC Top Pick
(0293)CATHAY PAC AIR 6.50 1.51% 10.20 0.15% N/A

Gambling

Stock Code
ADR Price
ADR Change
Equivalent (HKD)
Change from Previous Day (%)
Impact on HSI
Warrant Top Pick CBBC Top Pick
(0027)GALAXY ENTMT G 21.20 0.14% 33.28 0.86% 0.978 16650(Call)
(1928)SANDS CHINA AD 19.48 1.52% 15.29 1.09% 0.646 17078(Call)

Medical

Stock Code
ADR Price
ADR Change
Equivalent (HKD)
Change from Previous Day (%)
Impact on HSI
Warrant Top Pick CBBC Top Pick
(1093)CSPC PHRMCTCLS 4.16 0.73% 8.164 0.42% 0.435 17233(Call)
(1099)SINPHRM GRP AD 11.58 0.43% 18.18 0.98% 0.371
(2269)WUXI BIOLGCS A 6.19 3.54% 24.30 2.23% 3.228

Retail

Stock Code
ADR Price
ADR Change
Equivalent (HKD)
Change from Previous Day (%)
Impact on HSI
Warrant Top Pick CBBC Top Pick
(2020)ANTA SPORTS DR 296.48 1.18% 93.09 0.43% 0.896 15051(Call)
(2331)LI NING COMP A 47.88 1.34% 15.03 1.09% 0.621

Telecom and Related

Stock Code
ADR Price
ADR Change
Equivalent (HKD)
Change from Previous Day (%)
Impact on HSI
Warrant Top Pick CBBC Top Pick
(0008)PCCW LTD ADR 6.64 6.41% 5.212 0.04% N/A

HK Property

Stock Code
ADR Price
ADR Change
Equivalent (HKD)
Change from Previous Day (%)
Impact on HSI
Warrant Top Pick CBBC Top Pick
(0004)WHARF HLDGS AD 5.88 0.03% 23.08 1.16% N/A
(0012)HENDERSON LAND 3.32 0.64% 26.06 2.02% 1.248
(0016)SUN HUNG KAI P 10.92 1.62% 85.72 0.55% 1.074
(0083)SINO LAND CO 4.86 2.08% 7.630 7.18% N/A
(0101)HANG LUNG PPTY 4.255 1.28% 6.680 2.19% 0.468

Conglomerate

Stock Code
ADR Price
ADR Change
Equivalent (HKD)
Change from Previous Day (%)
Impact on HSI
Warrant Top Pick CBBC Top Pick
(0001)CK HUTCSON HLD 6.17 2.15% 48.43 1.66% 3.457
(0019)SWIRE PAC LTD 8.56 0.35% 67.20 1.62% N/A
(0267)CITIC LIMITE A 6.70 - 10.52 6.91% 7.212

Utilities

Stock Code
ADR Price
ADR Change
Equivalent (HKD)
Change from Previous Day (%)
Impact on HSI
Warrant Top Pick CBBC Top Pick
(0002)CLP HOLDINGS L 8.26 1.43% 64.84 1.83% 3.865
(0003)HONG KONG&CHIN 0.805 3.70% 6.320 4.82% 5.600
(0006)POWER ASSETS A 6.43 1.83% 50.47 1.13% 1.255

China Property

Stock Code
ADR Price
ADR Change
Equivalent (HKD)
Change from Previous Day (%)
Impact on HSI
Warrant Top Pick CBBC Top Pick
(0688)CHINA OVERS AD 8.46 3.75% 13.28 2.05% 1.701

Construction, Cement and Railway

Stock Code
ADR Price
ADR Change
Equivalent (HKD)
Change from Previous Day (%)
Impact on HSI
Warrant Top Pick CBBC Top Pick
(0914)ANHUI CONCH AD 12.55 0.04% 19.70 0.89% N/A

Environmental and New Energy

Stock Code
ADR Price
ADR Change
Equivalent (HKD)
Change from Previous Day (%)
Impact on HSI
Warrant Top Pick CBBC Top Pick
(0968)XINYI SOLAR HL 6.16 0.17% 2.418 1.31% 0.218

Coal

Stock Code
ADR Price
ADR Change
Equivalent (HKD)
Change from Previous Day (%)
Impact on HSI
Warrant Top Pick CBBC Top Pick
(1088)CHINA SHENHUA 17.72 0.67% 34.78 0.36% 0.628

Food

Stock Code
ADR Price
ADR Change
Equivalent (HKD)
Change from Previous Day (%)
Impact on HSI
Warrant Top Pick CBBC Top Pick
(2319)CHINA MENGN AD 21.18 0.65% 16.63 1.03% 0.855

Export

Stock Code
ADR Price
ADR Change
Equivalent (HKD)
Change from Previous Day (%)
Impact on HSI
Warrant Top Pick CBBC Top Pick
(0303)VTECH HOLDNG A 7.097 1.24% 55.71 0.07% N/A
(0669)TECHTRONIC IND 55.01 2.05% 86.36 0.44% 0.895

Other

Stock Code
ADR Price
ADR Change
Equivalent (HKD)
Change from Previous Day (%)
Impact on HSI
Warrant Top Pick CBBC Top Pick
(0142)FIRST PAC CO L 3.74 1.06% 5.872 2.29% N/A
(0177)JIANGSU EXPWY 29.00 18.66% 11.38 0.33% N/A
(0511)TV BROADCASTS 0.907 15.11% 3.562 4.14% N/A
(2057)ZTO EXPRESS 17.06 0.93% 133.92 0.80% 0.759
(2518)AUTOHOME INC A 25.65 0.20% 50.34 1.49% N/A
(9698)GDS HOLDINGS L 27.25 0.11% 26.74 0.41% N/A
(9896)MINISO GROUP D 17.95 0.39% 35.23 0.35% N/A
(9898)WEIBO CORP ADR 9.50 1.15% 74.57 1.29% N/A
(9901)NEW ORIENT EDU 46.95 0.95% 36.86 0.01% 0.007
Last updated: 2025-06-19 08:30

What are ADRs?

American Depositary Receipts (ADRs) are financial instruments issued in the United States, representing shares of non-U.S. companies, such as those listed in Hong Kong or mainland China, to facilitate trading for U.S. investors. The process involves a U.S. institution, typically a major bank, acquiring a substantial number of shares in a foreign-listed company and issuing ADRs that represent these shares. These ADRs are then traded on U.S. exchanges like ordinary stocks. It is important to note that investors purchasing ADRs hold the receipts, not the actual shares. While ADR holders do not have voting rights in the underlying company, they are entitled to receive dividends.

What are Hong Kong ADRs?

Hong Kong ADRs refer to ADRs issued for stocks originally listed on the Hong Kong Stock Exchange and subsequently made available for trading in the U.S. market. For example, in the case of Tencent (HKEX: 0700), foreign investors interested in Tencent can either purchase its shares directly on the Hong Kong market or acquire Tencent’s ADRs (TCEHY) on a U.S. exchange.