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
26,486.07
(0.30%)

Top Gainer

(2018)AAC TECHNOLO D
(5.43%)

Top Loser

(0008)PCCW LTD ADR
(5.75%)
Last updated: 2026-02-16 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 68.28 1.35% 533.66 0.31% 5.663 23260(Call) 63277(Bull)
(0992)LENOVO GP ADR 23.60 2.79% 9.223 0.40% 0.450 23886(Call)
(1810)XIAOMI CORPO D 23.56 2.26% 36.83 0.03% 0.351 24537(Call) 60751(Bull)
(2018)AAC TECHNOLO D 4.755 5.43% 37.16 1.10% N/A 23890(Call)
(2382)SUNNY OPT TEC 73.01 1.14% 57.06 0.15% 0.101 23306(Call)
(3690)MEITUAN ADR 21.40 0.23% 83.63 1.80% 13.106 24450(Call) 59122(Bear)
(9618)JD.COM INC ADR 27.15 1.45% 106.10 0.28% 0.848 22663(Call) 68271(Bull)
(9626)BILIBILI INC 30.60 1.02% 239.16 0.60% N/A 21361(Call)
(9698)GDS HOLDINGS L 46.12 1.54% 45.06 1.15% N/A 14364(Call)
(9888)BAIDU INC ADS 137.01 0.99% 133.86 1.43% 3.880 24378(Call) 64045(Bull)
(9961)TRIP.COM GRP L 54.43 0.06% 425.41 1.34% 2.167 25030(Call)
(9988)ALIBABA GRP AD 155.73 1.89% 152.14 2.10% 43.581 16488(Call) 56270(Bull)
(9999)NETEASE INC AD 120.40 1.92% 188.20 1.35% 5.769 24170(Call) 65613(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 85.15 1.89% 133.10 1.91% 49.164 22551(Call) 63175(Bull)
(0023)BANK OF EAST A 1.931 2.48% 15.09 6.73% N/A
(0388)HONG KONG EX A 51.74 1.91% 404.39 0.20% 1.573 23344(Call) 54891(Bull)
(2388)BOC HONG KONG 111.15 1.63% 43.44 0.36% 0.931 19590(Call)

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 20.48 0.24% 8.003 0.55% 6.718 22071(Call)
(1288)AGR BK OF CHIN 17.21 2.05% 5.380 0.55% N/A 23960(Call)
(1398)INDS&COM BK AD 16.35 1.03% 6.389 0.32% 2.738 22193(Call)
(3968)CHINA MRCHNT A 31.28 1.29% 48.90 0.20% 0.599 23943(Call)
(3988)BK OF CHINA AD 14.86 0.80% 4.646 0.09% 0.490 21311(Call)

China Insurance

Stock Code
ADR Price
ADR Change
Equivalent (HKD)
Change from Previous Day (%)
Impact on HSI
Warrant Top Pick CBBC Top Pick
(1299)AIA GROUP ADR 40.98 2.82% 80.07 0.28% 3.847 23757(Call)
(2318)PING AN INS 18.00 1.12% 70.32 0.04% 0.274 22556(Call) 63282(Bull)
(2328)PICC PROP CS A 53.04 1.04% 16.58 0.06% N/A

Motor

Stock Code
ADR Price
ADR Change
Equivalent (HKD)
Change from Previous Day (%)
Impact on HSI
Warrant Top Pick CBBC Top Pick
(1211)BYD COMPANY LT 12.26 1.37% 95.82 1.97% 11.425 22102(Call) 64326(Bull)
(2015)LI AUTO INC AD 18.46 1.81% 72.14 0.22% 0.359 22098(Call)
(9866)NIO INC 4.95 - 38.69 1.96% N/A 23494(Call)
(9868)XPENG INC ADR 17.94 1.36% 70.11 1.09% N/A 23232(Call) 56514(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 8.10 1.19% 12.66 1.47% 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 27.46 0.84% 42.92 0.18% 0.238 22019(Call)
(1928)SANDS CHINA AD 23.57 1.17% 18.42 0.42% 0.303 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 5.18 0.19% 10.12 0.11% 0.148 21142(Call) 64927(Bull)
(1099)SINPHRM GRP AD 13.69 1.41% 21.40 0.47% 0.211 19728(Call)
(2269)WUXI BIOLGCS A 10.55 1.25% 41.23 3.07% 7.261 24888(Call)

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 270.98 2.06% 84.72 0.55% 1.060 22349(Call)
(2331)LI NING COMP A 68.97 0.61% 21.56 0.08% 0.066

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 7.29 5.75% 5.698 4.40% 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
(0012)HENDERSON LAND 4.095 0.81% 32.01 1.22% 0.938
(0016)SUN HUNG KAI P 17.15 0.65% 134.04 0.26% 0.793
(0017)NEW WORLD DEV 0.695 3.87% 10.86 1.53% N/A
(0083)SINO LAND CO 8.227 0.88% 12.86 2.15% N/A
(0101)HANG LUNG PPTY 6.22 0.56% 9.723 0.48% 0.128

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 8.10 0.12% 63.31 0.30% 0.827
(0019)SWIRE PAC LTD 10.20 1.07% 79.72 0.35% N/A

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 10.00 1.22% 78.16 1.64% 4.085
(0003)HONG KONG&CHIN 0.928 0.26% 7.250 4.98% 6.881
(0006)POWER ASSETS A 7.70 1.28% 60.18 2.22% 3.071

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 9.29 3.01% 14.52 1.48% 1.297

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 15.99 1.00% 24.99 0.35% N/A

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 21.91 2.38% 42.80 0.27% 0.607 22157(Call)

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 21.29 1.08% 16.64 1.36% 1.160

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 8.28 1.35% 64.71 1.99% N/A
(0669)TECHTRONIC IND 76.64 0.26% 119.80 1.01% 2.824

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 4.34 2.72% 6.784 2.95% N/A
(2057)ZTO EXPRESS 24.66 0.82% 192.74 0.44% 0.591
(2518)AUTOHOME INC A 21.00 0.14% 41.03 0.98% N/A
(9896)MINISO GROUP D 19.27 0.94% 37.65 0.91% N/A
(9898)WEIBO CORP ADR 10.01 0.50% 78.24 0.02% N/A
(9901)NEW ORIENT EDU 58.70 2.56% 45.88 1.63% 0.954
Last updated: 2026-02-16 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.