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
25,613.71
(0.81%)

Top Gainer

(9868)XPENG INC ADR
(6.52%)

Top Loser

(0267)CITIC LIMITE A
(12.42%)
Last updated: 2026-03-10 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 67.00 2.38% 524.21 1.59% 33.139 26232(Call) 64605(Bull)
(0992)LENOVO GP ADR 23.67 0.04% 9.260 1.53% 1.518 23886(Call)
(1810)XIAOMI CORPO D 21.68 2.51% 33.92 0.73% 7.092 25077(Call) 60752(Bull)
(2018)AAC TECHNOLO D 4.088 0.06% 31.98 2.32% N/A 23890(Call)
(2382)SUNNY OPT TEC 70.58 1.70% 55.22 0.40% 0.246 23306(Call)
(3690)MEITUAN ADR 20.44 6.07% 79.96 1.60% 11.034 26303(Call) 69370(Bull)
(9618)JD.COM INC ADR 27.47 1.59% 107.46 1.86% 4.963 22663(Call) 68271(Bull)
(9626)BILIBILI INC 26.16 6.04% 204.68 3.58% N/A 24889(Call)
(9698)GDS HOLDINGS L 41.35 1.18% 40.44 1.00% N/A 14364(Call)
(9888)BAIDU INC ADS 122.48 2.88% 119.79 2.03% 4.698 20451(Call) 55182(Bull)
(9961)TRIP.COM GRP L 53.74 0.48% 420.46 1.41% 2.263 25030(Call)
(9988)ALIBABA GRP AD 132.64 1.42% 129.72 0.79% 15.633 23836(Call) 55417(Bull)
(9999)NETEASE INC AD 117.69 0.10% 184.16 0.14% 0.592 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 85.49 1.71% 133.77 2.98% 58.811 22551(Call) 69334(Bull)
(0388)HONG KONG EX A 53.08 0.85% 415.30 2.04% 15.851 23344(Call) 64956(Bull)
(2388)BOC HONG KONG 106.28 0.87% 41.57 0.71% 1.723 26613(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 20.33 1.91% 7.953 0.42% 5.052 23620(Call)
(1288)AGR BK OF CHIN 16.65 1.03% 5.211 0.01% N/A 23545(Call)
(1398)INDS&COM BK AD 16.19 0.26% 6.334 0.22% 1.849 26428(Call)
(3968)CHINA MRCHNT A 31.72 2.59% 49.64 0.68% 2.074 23943(Call)
(3988)BK OF CHINA AD 14.37 1.20% 4.497 0.39% 1.945 23562(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 42.32 1.03% 82.78 1.20% 16.310 25345(Call)
(2318)PING AN INS 16.35 - 63.96 2.09% 13.985 22911(Call) 59836(Bull)
(2328)PICC PROP CS A 47.52 4.06% 14.87 2.67% 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 12.51 5.75% 97.88 0.17% 1.007 22454(Call) 64326(Bull)
(2015)LI AUTO INC AD 17.83 3.90% 69.75 1.24% 1.883 24811(Call)
(2333)GREAT WAL MR A 16.63 3.71% 13.01 3.76% N/A 29908(Call)
(9866)NIO INC 4.94 3.35% 38.65 1.02% N/A 23494(Call)
(9868)XPENG INC ADR 18.45 6.52% 72.18 2.96% 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 7.80 4.88% 12.21 0.21% 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 23.82 0.43% 37.27 0.90% 1.055 22160(Put)
(1928)SANDS CHINA AD 21.95 1.28% 17.17 1.32% 0.872 25424(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 4.69 1.47% 9.174 0.26% 0.302 25495(Call) 64927(Bull)
(1099)SINPHRM GRP AD 13.24 1.22% 20.72 0.38% 0.163
(2269)WUXI BIOLGCS A 9.10 0.44% 35.60 0.51% 1.054 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 255.50 1.12% 79.96 1.22% 2.133 22349(Call)
(2331)LI NING COMP A 65.51 1.44% 20.50 1.29% 0.951

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 6.08 5.59% 23.78 0.56% N/A
(0016)SUN HUNG KAI P 17.69 1.56% 138.41 1.10% 3.467
(0017)NEW WORLD DEV 0.543 2.39% 8.499 9.59% N/A
(0083)SINO LAND CO 7.555 1.36% 11.82 3.70% N/A
(0101)HANG LUNG PPTY 5.94 3.10% 9.295 1.36% 0.346

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 7.55 2.46% 59.07 0.46% 1.160
(0019)SWIRE PAC LTD 10.19 1.26% 79.69 0.42% N/A
(0267)CITIC LIMITE A 6.78 12.42% 10.61 6.69% 6.969

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 9.56 0.42% 74.80 1.08% 2.081
(0003)HONG KONG&CHIN 0.900 5.26% 7.042 4.07% 5.268
(0006)POWER ASSETS A 7.82 1.14% 61.18 0.51% 0.693

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 8.63 1.17% 13.50 0.93% 0.755

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 14.45 0.95% 22.61 0.51% 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 23.87 3.42% 46.69 0.15% 0.357 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 21.18 4.25% 16.57 0.45% 0.368

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 8.44 0.24% 66.03 5.40% N/A
(0669)TECHTRONIC IND 73.61 1.22% 115.18 1.13% 2.981

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 3.90 0.52% 6.103 1.71% N/A
(0511)TV BROADCASTS 0.799 5.70% 3.124 10.78% N/A
(2057)ZTO EXPRESS 23.01 0.92% 180.03 0.24% 0.298
(2518)AUTOHOME INC A 19.61 2.83% 38.36 5.67% N/A
(9896)MINISO GROUP D 16.98 0.41% 33.21 0.14% N/A
(9898)WEIBO CORP ADR 9.64 1.05% 75.42 1.41% N/A
(9901)NEW ORIENT EDU 53.17 0.95% 41.60 0.29% 0.147
Last updated: 2026-03-10 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.