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
25,243.17
(0.11%)

Top Gainer

(0017)NEW WORLD DEV
(16.44%)

Top Loser

(0008)PCCW LTD ADR
(11.63%)
Last updated: 2025-08-18 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 75.61 1.10% 591.23 0.13% 2.852 15756(Call) 56184(Bear)
(0992)LENOVO GP ADR 27.59 0.68% 10.79 0.31% 0.428 19190(Call)
(1810)XIAOMI CORPO D 33.74 0.42% 52.77 0.16% 2.396 15038(Call) 66664(Bull)
(2018)AAC TECHNOLO D 6.005 3.36% 46.96 0.73% N/A 14460(Call)
(2382)SUNNY OPT TEC 99.14 4.79% 77.52 0.29% 0.248 15410(Call) 64719(Bull)
(3690)MEITUAN ADR 31.09 0.03% 121.55 0.12% 1.262 17076(Call) 56813(Bull)
(9618)JD.COM INC ADR 31.71 0.46% 123.98 2.63% 8.777 16648(Call) 50805(Bull)
(9626)BILIBILI INC 24.85 4.32% 194.32 1.31% N/A 18172(Call)
(9888)BAIDU INC ADS 89.85 1.26% 87.82 0.89% 1.549 18564(Call) 66528(Bull)
(9961)TRIP.COM GRP L 62.37 3.42% 487.70 0.27% 0.556 16862(Call)
(9988)ALIBABA GRP AD 121.26 0.83% 118.52 0.36% 7.013 15754(Call) 58777(Bull)
(9999)NETEASE INC AD 129.23 0.39% 202.10 0.95% 4.157 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 63.87 2.15% 99.89 0.41% 8.435 18715(Call) 69659(Bull)
(0011)HANG SENG BK O 14.37 - 112.37 0.91% 1.220
(0388)HONG KONG EX A 56.03 0.77% 438.13 0.29% 2.414 17719(Call) 64246(Bull)
(2388)BOC HONG KONG 92.31 0.14% 36.09 0.19% 0.400

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 19.79 1.93% 7.737 0.80% 10.684 17501(Call)
(1288)AGR BK OF CHIN 17.15 2.00% 5.364 0.85% N/A
(1398)INDS&COM BK AD 15.17 2.25% 5.931 0.48% 3.760 16649(Call)
(3968)CHINA MRCHNT A 31.03 2.04% 48.53 0.64% 1.921
(3988)BK OF CHINA AD 14.15 1.41% 4.425 0.56% 3.264 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 38.36 1.59% 74.99 0.05% 0.662 17948(Call)
(2318)PING AN INS 14.63 0.27% 57.20 0.69% 4.231 18142(Call) 64284(Bull)

Motor

Stock Code
ADR Price
ADR Change
Equivalent (HKD)
Change from Previous Day (%)
Impact on HSI
Warrant Top Pick CBBC Top Pick
(0175)GEELY ATMBLE A 48.85 2.31% 19.10 0.73% 1.350 16645(Call) 66416(Bull)
(1211)BYD COMPANY LT 14.39 0.21% 112.52 0.25% 1.607 17950(Call) 64702(Bull)
(2015)LI AUTO INC AD 24.19 1.85% 94.58 0.13% 0.269 18423(Call)
(9866)NIO INC 4.81 8.09% 37.61 5.00% N/A
(9868)XPENG INC ADR 19.70 1.65% 77.02 0.49% 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 6.90 1.47% 10.79 0.27% 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 25.20 0.55% 39.41 0.28% 0.378 14699(Call)
(1928)SANDS CHINA AD 26.35 1.93% 20.60 3.28% 2.487 16644(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 5.42 0.18% 10.60 3.33% 4.623 18506(Call)
(1099)SINPHRM GRP AD 12.48 1.26% 19.52 0.27% 0.108
(2269)WUXI BIOLGCS A 7.99 3.77% 31.24 0.97% 1.734

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 293.54 0.29% 91.81 0.09% 0.190 15051(Call)
(2331)LI NING COMP A 57.18 1.06% 17.88 0.53% 0.348

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 6.61 11.63% 5.169 3.93% 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 3.444 4.33% 26.93 2.43% 1.533
(0016)SUN HUNG KAI P 11.89 3.18% 92.97 1.06% 2.221
(0017)NEW WORLD DEV 0.410 16.44% 6.412 1.81% N/A
(0101)HANG LUNG PPTY 5.11 3.58% 7.992 1.58% 0.400

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 6.50 0.76% 50.83 1.21% 2.632
(0019)SWIRE PAC LTD 8.69 0.69% 67.95 0.30% 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 8.408 0.09% 65.74 0.54% 1.134
(0003)HONG KONG&CHIN 0.860 - 6.725 5.68% 7.181
(0006)POWER ASSETS A 6.27 5.00% 49.03 3.39% 3.772

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 9.51 7.75% 14.87 3.43% 2.944

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 15.75 0.57% 24.63 0.28% N/A

Environmental and New Energy

Stock Code
ADR Price
ADR Change
Equivalent (HKD)
Change from Previous Day (%)
Impact on HSI
Warrant Top Pick CBBC Top Pick
(0968)XINYI SOLAR HL 8.60 3.20% 3.362 0.52% 0.132

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 20.02 5.54% 39.14 6.00% 11.228

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 20.95 0.38% 16.38 0.41% 0.335

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 8.00 4.58% 62.56 1.10% N/A
(0669)TECHTRONIC IND 65.85 1.72% 102.98 0.02% 0.039

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 4.05 2.88% 6.334 0.57% N/A
(2057)ZTO EXPRESS 19.92 0.45% 155.77 0.28% 0.303
(2518)AUTOHOME INC A 28.43 1.46% 55.58 1.98% N/A
(9698)GDS HOLDINGS L 31.41 1.35% 30.70 2.97% N/A
(9896)MINISO GROUP D 19.73 1.08% 38.57 0.08% N/A
(9898)WEIBO CORP ADR 11.55 0.96% 90.32 0.09% N/A
(9901)NEW ORIENT EDU 48.40 0.71% 37.85 0.44% 0.201
Last updated: 2025-08-18 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.