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
25,856.00
(0.37%)

Top Gainer

(0087)SWIRE PAC B
(9.57%)

Top Loser

(0003)HONG KONG&CHIN
(6.22%)
Last updated: 2025-11-05 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 80.25 0.47% 623.94 0.81% 17.197 18869(Call) 66418(Bull)
(0992)LENOVO GP ADR 29.20 1.00% 11.35 0.08% 0.110 19190(Call)
(1810)XIAOMI CORPO D 27.40 4.70% 42.61 1.87% 23.243 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% 0.608 19722(Call) 69791(Bull)
(3690)MEITUAN ADR 25.37 3.57% 98.62 1.28% 11.033 20563(Call) 53951(Bull)
(9618)JD.COM INC ADR 31.82 2.96% 123.68 0.23% 0.769 19670(Call) 50805(Bull)
(9626)BILIBILI INC 28.68 5.00% 222.98 2.88% N/A 18172(Call)
(9888)BAIDU INC ADS 124.99 3.10% 121.47 0.35% 0.854 21299(Call) 58769(Bull)
(9961)TRIP.COM GRP L 70.03 2.06% 544.44 0.74% 1.749 19801(Call)
(9988)ALIBABA GRP AD 164.30 2.02% 159.68 0.43% 10.255 14584(Call) 57592(Bull)
(9999)NETEASE INC AD 138.45 1.83% 215.28 0.70% 3.295 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% 108.62 0.57% 12.584 18715(Call) 57842(Bull)
(0011)HANG SENG BK O 19.59 0.77% 152.31 0.40% 0.720
(0388)HONG KONG EX A 54.61 0.82% 424.59 0.24% 1.914 19849(Call) 55773(Bull)
(2388)BOC HONG KONG 99.09 0.01% 38.52 0.20% 0.458 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% 9.092 20307(Call)
(1288)AGR BK OF CHIN 19.25 1.19% 5.987 0.72% N/A
(1398)INDS&COM BK AD 15.98 1.15% 6.213 0.43% 3.514 18357(Call)
(3968)CHINA MRCHNT A 32.36 1.73% 50.32 1.14% 3.554 14456(Call)
(3988)BK OF CHINA AD 14.44 0.21% 4.491 0.65% 3.271 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 0.31% 4.159 18141(Call)
(2318)PING AN INS 14.50 0.21% 56.37 0.76% 4.559 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 1.59% 8.969 20495(Call) 67654(Bull)
(2015)LI AUTO INC AD 19.81 3.27% 77.01 0.95% 1.629 20559(Call)
(2333)GREAT WAL MR A 20.95 7.21% 16.29 8.01% 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% 88.21 0.78% N/A 18912(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% 0.982 28809(Call)
(1928)SANDS CHINA AD 25.27 1.42% 19.65 0.52% 0.392 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% 1.270 17233(Call)
(1099)SINPHRM GRP AD 12.39 0.32% 19.27 0.74% 0.308 19728(Call)
(2269)WUXI BIOLGCS A 8.903 2.06% 34.61 0.49% 0.977 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% 0.353 20384(Call)
(2331)LI NING COMP A 53.57 1.67% 16.66 0.12% 0.072

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% 5.507 0.60% 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 0.54% N/A
(0012)HENDERSON LAND 3.51 - 27.29 1.98% 1.231
(0016)SUN HUNG KAI P 12.64 1.53% 98.27 0.03% 0.056
(0017)NEW WORLD DEV 0.459 1.97% 7.133 0.10% 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 1.51% 0.353

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% 2.044
(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 - 66.48 0.34% 0.717
(0003)HONG KONG&CHIN 0.863 6.22% 6.708 7.73% 9.827
(0006)POWER ASSETS A 6.37 1.11% 49.53 1.05% 1.141

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% 0.162

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 0.88% 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% 0.124

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% 0.540

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% 88.17 0.43% 0.886

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 7.13% N/A
(0142)FIRST PAC CO L 4.00 2.44% 6.220 0.00% N/A
(2057)ZTO EXPRESS 18.71 0.58% 145.47 0.32% 0.327
(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 0.79% 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 2.08% 1.136
Last updated: 2025-11-05 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.