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
23,832.46
(0.62%)

Top Gainer

(1928)SANDS CHINA AD
(3.67%)

Top Loser

(0003)HONG KONG&CHIN
(11.87%)
Last updated: 2025-06-18 06:16

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 65.12 0.37% 511.19 0.45% 8.623 25743(Call) 52789(Bear)
(0992)LENOVO GP ADR 23.27 1.13% 9.133 0.51% 0.597 16783(Call)
(1810)XIAOMI CORPO D 34.02 0.82% 53.41 1.09% 16.851 16452(Call) 67981(Bull)
(2018)AAC TECHNOLO D 5.13 1.18% 40.27 1.30% N/A 14460(Call)
(2382)SUNNY OPT TEC 82.67 1.09% 64.89 1.46% 1.082 15995(Call) 57758(Bull)
(3690)MEITUAN ADR 34.79 0.80% 136.55 1.12% 13.438 17076(Call) 63874(Bear)
(9618)JD.COM INC ADR 33.17 0.96% 130.19 1.00% 3.605 13027(Call) 61943(Bull)
(9626)BILIBILI INC 20.60 2.60% 161.71 1.88% N/A
(9888)BAIDU INC ADS 86.01 1.42% 84.40 1.00% 1.705 27042(Call) 65091(Bull)
(9961)TRIP.COM GRP L 60.67 0.36% 476.25 0.78% 1.609 17508(Call)
(9988)ALIBABA GRP AD 115.03 0.80% 112.87 1.68% 31.858 27819(Call) 66452(Bull)
(9999)NETEASE INC AD 129.60 1.07% 203.47 0.55% 2.464 17536(Call) 61836(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 58.52 1.81% 91.88 0.24% 4.586 13397(Call) 68513(Bull)
(0011)HANG SENG BK O 14.45 0.96% 113.43 0.85% 1.158
(0388)HONG KONG EX A 52.30 1.82% 410.55 0.69% 5.405 16781(Call) 58522(Bull)
(1299)AIA GROUP ADR 35.02 0.06% 68.73 0.33% 3.779 27198(Call)
(2388)BOC HONG KONG 88.12 0.69% 34.59 0.18% 0.368

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 19.40 2.07% 7.614 0.47% 6.069 17501(Call)
(1288)AGR BK OF CHIN 17.74 0.17% 5.570 0.88% N/A
(1398)INDS&COM BK AD 15.42 1.38% 6.052 0.62% 4.901 16649(Call)
(3968)CHINA MRCHNT A 34.69 1.79% 54.46 0.39% 1.307
(3988)BK OF CHINA AD 14.54 0.41% 4.566 0.10% 0.592 15379(Call)

China Insurance

Stock Code
ADR Price
ADR Change
Equivalent (HKD)
Change from Previous Day (%)
Impact on HSI
Warrant Top Pick CBBC Top Pick
(2318)PING AN INS 12.14 1.38% 47.65 0.32% 1.599 14275(Call) 68530(Bull)
(2328)PICC PROP CS A 47.35 1.08% 14.87 0.08% N/A

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 41.25 1.40% 16.19 1.04% 1.616 15997(Call)
(1211)BYD COMPANY LT 98.45 1.80% 128.80 0.15% 1.137 16001(Call) 68644(Bull)
(2015)LI AUTO INC AD 26.94 4.47% 105.74 2.63% 6.256 28417(Call)
(2333)GREAT WAL MR A 15.27 1.42% 11.99 1.10% N/A
(9866)NIO INC 3.44 2.27% 27.00 1.27% N/A
(9868)XPENG INC ADR 18.57 0.43% 72.89 0.43% N/A 56584(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 6.60 0.71% 10.36 0.60% 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 21.17 0.47% 33.24 0.34% 0.392 16650(Call)
(1928)SANDS CHINA AD 19.78 3.67% 15.53 0.85% 0.509 17078(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 4.13 5.82% 8.105 1.04% 1.095 17233(Call)
(1099)SINPHRM GRP AD 11.63 0.08% 18.26 0.77% 0.294
(2269)WUXI BIOLGCS A 6.418 4.14% 25.19 1.99% 2.960

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 300.01 0.24% 94.20 0.42% 0.878 15051(Call)
(2331)LI NING COMP A 48.53 1.40% 15.24 1.05% 0.605

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 6.24 4.15% 4.898 6.16% 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 5.882 1.64% 23.09 1.34% N/A
(0012)HENDERSON LAND 3.342 0.85% 26.23 2.12% 1.325
(0016)SUN HUNG KAI P 11.10 0.75% 87.13 0.02% 0.037
(0017)NEW WORLD DEV 0.320 4.33% 5.024 3.39% N/A
(0083)SINO LAND CO 4.963 0.06% 7.792 5.67% N/A
(0101)HANG LUNG PPTY 4.31 2.00% 6.767 2.50% 0.539

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 6.04 0.49% 47.41 2.04% 4.155
(0019)SWIRE PAC LTD 8.59 1.44% 67.43 0.62% N/A
(0267)CITIC LIMITE A 6.70 3.74% 10.52 6.75% 6.958

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 0.36% 65.78 0.48% 1.014
(0003)HONG KONG&CHIN 0.836 11.87% 6.563 2.05% 2.404
(0006)POWER ASSETS A 6.55 0.30% 51.42 1.03% 1.157

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 8.79 3.09% 13.80 0.43% 0.362

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 12.55 0.85% 19.70 1.13% 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 6.171 1.43% 2.422 1.54% 0.259

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 17.84 0.89% 35.01 0.26% 0.452

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 21.32 0.67% 16.74 1.09% 0.913

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 7.01 0.14% 55.03 0.76% N/A
(0669)TECHTRONIC IND 56.16 1.13% 88.17 0.54% 1.107

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 3.52 0.56% 13.82 1.74% N/A
(0142)FIRST PAC CO L 3.78 2.16% 5.935 2.50% N/A
(2057)ZTO EXPRESS 17.22 2.71% 135.18 2.05% 1.963
(2518)AUTOHOME INC A 25.70 0.81% 50.44 1.20% N/A
(9698)GDS HOLDINGS L 27.22 3.20% 26.71 0.15% N/A
(9896)MINISO GROUP D 17.88 0.83% 35.09 0.32% N/A
(9898)WEIBO CORP ADR 9.61 1.74% 75.44 1.90% N/A
(9901)NEW ORIENT EDU 47.40 0.71% 37.21 1.04% 0.474
Last updated: 2025-06-18 06:16

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.