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
26,455.77
(1.11%)

Top Gainer

(0011)HANG SENG BK O
(24.59%)

Top Loser

(1097)I-CABLE COMMS
(29.46%)
Last updated: 2025-10-10 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 85.36 1.69% 664.32 1.66% 38.001 20110(Call) 62643(Bull)
(0992)LENOVO GP ADR 31.75 4.20% 12.35 1.63% 2.404 19190(Call)
(1810)XIAOMI CORPO D 33.65 3.03% 52.38 1.82% 27.779 16646(Call) 56911(Bear)
(2018)AAC TECHNOLO D 5.84 3.55% 45.45 0.50% N/A 20169(Call)
(2382)SUNNY OPT TEC 108.56 2.50% 84.49 3.88% 3.843 15410(Call) 64719(Bull)
(3690)MEITUAN ADR 26.03 2.44% 101.29 2.23% 19.986 20563(Call) 53951(Bull)
(9618)JD.COM INC ADR 33.97 2.86% 132.19 2.59% 9.629 16648(Call) 63937(Bull)
(9626)BILIBILI INC 29.35 2.91% 228.42 3.21% N/A 21361(Call)
(9888)BAIDU INC ADS 132.40 3.99% 128.80 3.52% 9.417 21299(Call) 58769(Bull)
(9961)TRIP.COM GRP L 71.11 0.61% 553.42 1.35% 3.255 20849(Call)
(9988)ALIBABA GRP AD 173.68 4.11% 168.96 2.50% 65.744 20680(Call) 58296(Bull)
(9999)NETEASE INC AD 151.49 1.62% 235.80 1.92% 9.993 17536(Call) 65612(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 67.33 5.83% 104.80 0.77% 16.351 18715(Call) 56567(Bull)
(0011)HANG SENG BK O 19.00 24.59% 147.87 1.29% 2.277
(0388)HONG KONG EX A 57.76 0.74% 449.48 1.60% 13.847 20560(Call) 56256(Bull)
(2388)BOC HONG KONG 94.06 1.00% 36.60 0.97% 2.077 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 18.52 0.91% 7.207 1.14% 14.167 20307(Call)
(1288)AGR BK OF CHIN 16.27 - 5.065 1.65% N/A
(1398)INDS&COM BK AD 14.33 0.07% 5.576 1.31% 9.577 16501(Call)
(3968)CHINA MRCHNT A 29.64 0.14% 46.13 1.17% 3.343
(3988)BK OF CHINA AD 13.27 0.23% 4.131 1.41% 6.596 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 37.66 1.90% 73.27 1.12% 13.832 18141(Call)
(2318)PING AN INS 13.52 0.29% 52.61 1.66% 9.391 18142(Call) 57697(Bull)
(2328)PICC PROP CS A 58.66 0.90% 18.26 0.70% 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 13.86 1.63% 107.87 2.12% 13.486 18319(Call) 62670(Bull)
(2015)LI AUTO INC AD 23.61 4.18% 91.87 2.88% 5.939 18423(Call)
(2333)GREAT WAL MR A 19.84 7.63% 15.44 7.65% N/A
(9866)NIO INC 7.46 4.97% 58.06 4.67% N/A 19669(Call)
(9868)XPENG INC ADR 22.91 5.29% 89.15 1.87% N/A 18912(Call) 65614(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 6.84 - 10.65 0.22% 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 25.46 2.19% 39.63 1.32% 1.841 18425(Call)
(1928)SANDS CHINA AD 26.91 0.77% 20.94 1.77% 1.420 18507(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 4.835 3.69% 9.407 0.08% 0.091 17718(Call) 68300(Bull)
(1099)SINPHRM GRP AD 11.92 0.08% 18.55 0.78% 0.314 19728(Call)
(2269)WUXI BIOLGCS A 10.40 3.70% 40.47 1.20% 2.821 19671(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 283.21 1.92% 88.16 1.16% 2.300 20384(Call)
(2331)LI NING COMP A 53.62 3.77% 16.69 1.35% 0.829

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 3.447 0.38% 26.83 1.52% 0.934
(0016)SUN HUNG KAI P 12.43 1.80% 96.74 0.35% 0.767
(0017)NEW WORLD DEV 0.450 8.85% 7.009 15.15% N/A
(0083)SINO LAND CO 6.79 6.73% 10.57 3.72% N/A
(0101)HANG LUNG PPTY 5.68 3.27% 8.841 0.47% 0.112

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 6.578 0.27% 51.19 1.55% 3.402
(0019)SWIRE PAC LTD 8.28 1.22% 64.44 0.94% 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 8.364 0.35% 65.09 0.70% 1.455
(0003)HONG KONG&CHIN 0.824 0.79% 6.416 6.19% 7.457
(0006)POWER ASSETS A 6.23 4.42% 48.49 1.33% 1.426

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 9.21 0.44% 14.34 3.73% 3.093

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 15.50 1.34% 24.13 0.72% 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 19.76 3.73% 38.45 1.01% 1.983

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 18.46 0.80% 14.36 1.62% 1.170

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 8.077 0.04% 62.86 1.33% N/A
(0669)TECHTRONIC IND 60.10 1.67% 93.55 1.43% 3.130

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 4.17 1.71% 6.491 1.73% N/A
(1097)I-CABLE COMMS 0.247 29.46% 0.096 19.26% N/A
(2057)ZTO EXPRESS 19.08 0.10% 148.49 1.99% 2.072
(2518)AUTOHOME INC A 27.82 2.25% 54.13 1.59% N/A
(9698)GDS HOLDINGS L 38.42 1.53% 37.38 0.85% N/A
(9896)MINISO GROUP D 22.04 1.61% 42.88 1.56% N/A
(9898)WEIBO CORP ADR 12.37 2.06% 96.27 3.44% N/A
(9901)NEW ORIENT EDU 53.52 0.24% 41.65 0.21% 0.107
Last updated: 2025-10-10 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.