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
26,575.63
(0.52%)

Top Gainer

(9866)NIO INC
(8.17%)

Top Loser

(1928)SANDS CHINA AD
(3.84%)
Last updated: 2025-09-17 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 83.84 1.15% 651.90 1.07% 23.442 15756(Call) 60005(Bull)
(0992)LENOVO GP ADR 30.31 1.43% 11.78 0.72% 0.985 19190(Call)
(1810)XIAOMI CORPO D 36.18 0.11% 56.26 0.33% 5.326 15038(Call) 69069(Bull)
(2018)AAC TECHNOLO D 5.56 0.63% 43.23 1.21% N/A 20169(Call)
(2382)SUNNY OPT TEC 103.07 3.10% 80.14 0.11% 0.099 15410(Call) 64719(Bull)
(3690)MEITUAN ADR 26.03 4.08% 101.20 0.90% 7.766 19907(Call) 55930(Bull)
(9618)JD.COM INC ADR 34.70 3.24% 134.91 3.77% 13.467 16648(Call) 55711(Bull)
(9626)BILIBILI INC 27.39 1.15% 212.97 0.46% N/A 18172(Call)
(9888)BAIDU INC ADS 123.79 7.81% 120.32 6.29% 14.294 20451(Call) 65091(Bull)
(9961)TRIP.COM GRP L 76.58 3.32% 595.45 0.34% 0.881 16862(Call)
(9988)ALIBABA GRP AD 162.21 2.64% 157.66 2.71% 62.954 14621(Call) 57593(Bull)
(9999)NETEASE INC AD 156.99 1.42% 244.14 0.22% 1.162 17536(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 68.95 0.72% 107.22 0.02% 0.496 18715(Call) 69659(Bull)
(0011)HANG SENG BK O 15.30 2.14% 118.93 0.11% 0.149
(0388)HONG KONG EX A 58.40 0.92% 454.09 0.51% 4.328 14394(Call) 55695(Bull)
(2388)BOC HONG KONG 97.90 1.04% 38.06 0.10% 0.227 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 20.01 0.45% 7.779 0.12% 1.599 17501(Call)
(1288)AGR BK OF CHIN 17.53 0.06% 5.452 0.14% N/A
(1398)INDS&COM BK AD 15.27 0.07% 5.937 0.23% 1.738 16649(Call)
(3968)CHINA MRCHNT A 30.50 0.84% 47.43 0.02% 0.065
(3988)BK OF CHINA AD 14.22 0.14% 4.423 0.17% 0.814 18085(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 38.39 1.03% 74.63 0.64% 7.951 17948(Call)
(2318)PING AN INS 14.15 2.08% 55.01 0.07% 0.402 16816(Call) 63891(Bull)
(2328)PICC PROP CS A 57.64 3.38% 17.93 0.68% 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 14.21 2.30% 110.49 0.54% 3.421 18319(Call) 55177(Bull)
(2015)LI AUTO INC AD 26.11 0.23% 101.51 1.41% 3.089 18423(Call)
(2333)GREAT WAL MR A 22.22 2.73% 17.28 0.82% N/A
(9866)NIO INC 7.02 8.17% 54.58 6.92% N/A 19669(Call)
(9868)XPENG INC ADR 21.45 0.56% 83.39 0.11% 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 6.705 1.11% 10.43 1.54% 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 26.39 1.22% 41.03 0.12% 0.176 18425(Call)
(1928)SANDS CHINA AD 26.15 3.84% 20.33 0.34% 0.261 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 5.37 2.30% 10.44 1.54% 1.999 18506(Call) 68300(Bull)
(1099)SINPHRM GRP AD 12.08 0.74% 18.79 0.02% 0.009 19728(Call)
(2269)WUXI BIOLGCS A 9.996 0.07% 38.86 0.26% 0.584 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 311.94 2.49% 97.02 0.75% 1.581 20384(Call)
(2331)LI NING COMP A 58.65 1.00% 18.24 0.17% 0.114

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 6.82 1.16% 5.303 1.80% 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 3.58 - 27.84 1.22% 0.774
(0016)SUN HUNG KAI P 12.29 1.68% 95.56 0.01% 0.025
(0017)NEW WORLD DEV 0.469 0.89% 7.297 11.13% N/A
(0083)SINO LAND CO 6.53 0.62% 10.15 1.14% N/A
(0101)HANG LUNG PPTY 5.72 1.24% 8.895 0.94% 0.225

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 6.68 1.07% 51.94 0.21% 0.462
(0019)SWIRE PAC LTD 8.78 0.34% 68.27 0.84% 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 8.38 0.12% 65.16 0.82% 1.721
(0003)HONG KONG&CHIN 0.860 2.18% 6.687 5.15% 6.399
(0006)POWER ASSETS A 6.58 - 51.16 1.23% 1.398

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 9.30 2.09% 14.46 0.26% 0.226

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 14.89 1.59% 23.16 0.11% 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 20.31 4.25% 39.48 3.45% 6.657

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 19.60 0.33% 15.24 0.09% 0.067

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 7.94 4.34% 61.74 3.08% N/A
(0669)TECHTRONIC IND 63.31 0.80% 98.45 0.05% 0.124

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 4.21 4.99% 16.37 1.70% N/A
(0142)FIRST PAC CO L 4.30 0.47% 6.687 3.03% N/A
(2057)ZTO EXPRESS 19.40 0.68% 150.84 1.10% 1.137
(2518)AUTOHOME INC A 29.71 1.02% 57.75 0.61% N/A
(9698)GDS HOLDINGS L 37.32 0.32% 36.27 2.76% N/A
(9896)MINISO GROUP D 24.81 0.65% 48.23 0.77% N/A
(9898)WEIBO CORP ADR 12.59 0.87% 97.89 1.12% N/A
(9901)NEW ORIENT EDU 52.83 0.15% 41.08 0.25% 0.124
Last updated: 2025-09-17 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.