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
25,855.24
(0.37%)

Top Gainer

(0087)SWIRE PAC B
(9.57%)

Top Loser

(0003)HONG KONG&CHIN
(6.22%)
Last updated: 2025-11-05 07:05

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 80.25 0.47% 623.91 0.81% 17.278 18869(Call) 66418(Bull)
(0992)LENOVO GP ADR 29.20 1.00% 11.35 0.08% 0.105 19190(Call)
(1810)XIAOMI CORPO D 27.40 4.70% 42.60 1.88% 23.290 29450(Call) 59301(Bull)
(2018)AAC TECHNOLO D 4.93 2.57% 38.33 1.47% N/A 20169(Call)
(2382)SUNNY OPT TEC 90.16 5.07% 70.10 0.78% 0.611 19722(Call) 69791(Bull)
(3690)MEITUAN ADR 25.37 3.57% 98.62 1.28% 11.066 20563(Call) 53951(Bull)
(9618)JD.COM INC ADR 31.82 2.96% 123.67 0.22% 0.756 19670(Call) 50805(Bull)
(9626)BILIBILI INC 28.68 5.00% 222.98 2.88% N/A 21361(Call)
(9888)BAIDU INC ADS 124.99 3.10% 121.47 0.35% 0.864 21025(Call) 58769(Bull)
(9961)TRIP.COM GRP L 70.03 2.06% 544.42 0.74% 1.758 19801(Call)
(9988)ALIBABA GRP AD 164.30 2.02% 159.67 0.42% 10.161 14584(Call) 57592(Bull)
(9999)NETEASE INC AD 138.45 1.83% 215.27 0.70% 3.313 17536(Call) 68061(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 69.85 0.87% 108.61 0.57% 12.498 18715(Call) 57842(Bull)
(0011)HANG SENG BK O 19.59 0.77% 152.30 0.40% 0.713
(0388)HONG KONG EX A 54.61 0.82% 424.57 0.24% 1.945 19849(Call) 55773(Bull)
(2388)BOC HONG KONG 99.09 0.01% 38.52 0.21% 0.467 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 20.57 0.83% 7.996 0.67% 9.145 20307(Call)
(1288)AGR BK OF CHIN 19.25 1.19% 5.986 0.72% N/A
(1398)INDS&COM BK AD 15.98 1.15% 6.213 0.44% 3.545 18357(Call)
(3968)CHINA MRCHNT A 32.36 1.73% 50.32 1.15% 3.566 14456(Call)
(3988)BK OF CHINA AD 14.44 0.21% 4.491 0.65% 3.291 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 40.85 0.78% 79.40 0.32% 4.210 18141(Call)
(2318)PING AN INS 14.50 0.21% 56.37 0.76% 4.582 18142(Call) 59325(Bull)
(2328)PICC PROP CS A 66.50 8.93% 20.68 13.01% 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 12.29 2.54% 95.55 1.60% 8.991 20495(Call) 67654(Bull)
(2015)LI AUTO INC AD 19.81 3.27% 77.01 0.95% 1.636 20559(Call)
(2333)GREAT WAL MR A 20.95 7.21% 16.29 8.00% N/A 29908(Call)
(9866)NIO INC 7.16 3.50% 55.67 1.21% N/A 21928(Call)
(9868)XPENG INC ADR 22.69 3.90% 88.20 0.78% N/A 19667(Call) 65614(Bull)

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 24.55 0.02% 38.17 0.74% 0.987 28809(Call)
(1928)SANDS CHINA AD 25.27 1.42% 19.65 0.52% 0.395 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 3.73 3.87% 7.250 1.36% 1.273 17233(Call)
(1099)SINPHRM GRP AD 12.39 0.32% 19.27 0.74% 0.309 19728(Call)
(2269)WUXI BIOLGCS A 8.903 2.06% 34.61 0.49% 0.985 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 255.44 2.02% 79.44 0.20% 0.360 20384(Call)
(2331)LI NING COMP A 53.57 1.67% 16.66 0.12% 0.070

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 7.083 1.70% 5.506 0.61% 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 5.40 7.78% 20.99 0.53% N/A
(0012)HENDERSON LAND 3.51 - 27.29 1.98% 1.233
(0016)SUN HUNG KAI P 12.64 1.53% 98.27 0.02% 0.048
(0017)NEW WORLD DEV 0.459 1.97% 7.132 0.11% N/A
(0083)SINO LAND CO 6.529 1.82% 10.15 0.92% N/A
(0101)HANG LUNG PPTY 5.39 0.18% 8.381 1.52% 0.354

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 6.60 0.68% 51.31 0.94% 2.052
(0019)SWIRE PAC LTD 8.33 0.36% 64.76 0.82% 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 8.55 - 66.47 0.34% 0.725
(0003)HONG KONG&CHIN 0.863 6.22% 6.708 7.73% 9.832
(0006)POWER ASSETS A 6.37 1.11% 49.52 1.05% 1.145

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 8.33 3.48% 12.95 0.21% 0.165

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 14.50 2.52% 22.54 0.89% 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 21.24 2.05% 41.28 0.06% 0.116

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 17.97 1.54% 13.97 0.77% 0.543

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 8.03 2.27% 62.43 0.98% N/A
(0669)TECHTRONIC IND 56.70 2.11% 88.16 0.44% 0.894

Other

Stock Code
ADR Price
ADR Change
Equivalent (HKD)
Change from Previous Day (%)
Impact on HSI
Warrant Top Pick CBBC Top Pick
(0014)HYSAN DEV CO L 4.09 3.31% 15.90 1.43% N/A
(0087)SWIRE PAC B 7.944 9.57% 12.35 7.12% N/A
(0142)FIRST PAC CO L 4.00 2.44% 6.220 0.01% N/A
(2057)ZTO EXPRESS 18.71 0.58% 145.46 0.32% 0.323
(2518)AUTOHOME INC A 24.93 0.88% 48.46 0.50% N/A
(9698)GDS HOLDINGS L 33.02 4.92% 32.09 3.17% N/A 14364(Call)
(9896)MINISO GROUP D 21.10 1.03% 41.01 0.80% N/A
(9898)WEIBO CORP ADR 10.64 1.53% 82.72 1.87% N/A
(9901)NEW ORIENT EDU 57.78 2.08% 44.92 2.09% 1.138
Last updated: 2025-11-05 07:05

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.