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
25,819.31
(0.66%)

Top Gainer

(0992)LENOVO GP ADR
(4.41%)

Top Loser

(9698)GDS HOLDINGS L
(9.28%)
Last updated: 2026-05-21 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 58.65 0.07% 459.50 0.94% 17.371 28651(Call) 69800(Bull)
(0992)LENOVO GP ADR 33.86 4.41% 13.26 0.48% 0.696 29228(Call)
(1810)XIAOMI CORPO D 19.38 1.07% 30.37 0.75% 6.566 28185(Call) 64317(Bull)
(2018)AAC TECHNOLO D 5.305 1.03% 41.56 1.04% N/A 26907(Call)
(2382)SUNNY OPT TEC 78.42 3.83% 61.44 2.09% 1.501 28464(Call)
(3690)MEITUAN ADR 21.63 2.27% 84.73 2.27% 16.425 26777(Call) 63531(Bull)
(9618)JD.COM INC ADR 32.47 0.28% 127.19 0.47% 1.531 28513(Call) 58359(Bull)
(9626)BILIBILI INC 18.30 8.50% 143.37 3.58% N/A 27000(Call)
(9698)GDS HOLDINGS L 36.66 9.28% 35.90 9.25% N/A
(9888)BAIDU INC ADS 135.22 1.79% 132.42 1.32% 3.496 27718(Call) 63917(Bull)
(9961)TRIP.COM GRP L 48.56 0.80% 380.45 0.01% 0.019 28073(Call)
(9988)ALIBABA GRP AD 134.47 0.86% 131.69 0.16% 3.217 26845(Call) 55417(Bull)
(9999)NETEASE INC AD 116.99 2.25% 183.31 1.61% 6.588 27799(Call)

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 91.99 3.98% 144.14 3.92% 82.613 26847(Call) 69334(Bull)
(0388)HONG KONG EX A 52.85 1.57% 414.02 0.69% 5.400 27219(Call) 62283(Bull)
(2388)BOC HONG KONG 120.61 1.12% 47.25 0.18% 0.513 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 22.33 0.80% 8.747 0.20% 2.648 24533(Call)
(1288)AGR BK OF CHIN 19.42 0.78% 6.086 0.26% N/A 23545(Call)
(1398)INDS&COM BK AD 17.56 0.17% 6.879 0.02% 0.160 23561(Call)
(3968)CHINA MRCHNT A 29.51 0.03% 46.24 0.30% 0.864 23943(Call)
(3988)BK OF CHINA AD 16.66 0.46% 5.221 0.17% 1.018 26611(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 43.50 0.39% 85.20 1.13% 15.872 28622(Call)
(2318)PING AN INS 15.77 0.57% 61.78 1.02% 6.668 28616(Call) 59836(Bull)
(2328)PICC PROP CS A 46.94 5.87% 14.71 2.84% N/A

Automobiles & Components

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 11.54 3.19% 90.41 0.23% 1.238 25845(Call) 54448(Bull)
(2015)LI AUTO INC AD 16.18 - 63.38 2.89% 3.933 24811(Call)
(2333)GREAT WAL MR A 13.71 2.27% 10.74 1.00% N/A 29908(Call)
(9866)NIO INC 5.59 2.61% 43.80 0.60% N/A 19669(Call)
(9868)XPENG INC ADR 15.14 1.34% 59.31 2.34% N/A 27086(Call)

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 7.988 2.67% 12.52 4.39% 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 21.27 1.26% 33.33 0.57% 0.583 27628(Call)
(1928)SANDS CHINA AD 20.12 0.66% 15.76 3.37% 1.985 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 3.632 4.42% 7.114 3.74% 3.547 23420(Call) 53092(Bull)
(1099)SINPHRM GRP AD 11.27 0.45% 17.66 0.40% 0.154
(2269)WUXI BIOLGCS A 8.397 1.17% 32.89 0.74% 1.450 23938(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 246.42 1.96% 77.22 0.36% 0.612 22349(Call)
(2331)LI NING COMP A 59.23 0.78% 18.56 0.71% 0.495

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 7.236 2.64% 5.669 7.52% 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 4.09 - 32.04 0.98% 0.728
(0016)SUN HUNG KAI P 17.59 1.69% 137.81 0.52% 1.635 28983(Call)
(0083)SINO LAND CO 8.133 0.15% 12.74 2.44% N/A
(0101)HANG LUNG PPTY 5.123 4.50% 8.028 3.05% 0.703

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 9.12 1.22% 71.45 0.14% 0.420
(0019)SWIRE PAC LTD 10.96 0.27% 85.87 0.31% 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 9.80 1.24% 76.78 1.83% 3.613
(0003)HONG KONG&CHIN 0.950 1.06% 7.443 1.40% 1.833
(0006)POWER ASSETS A 8.327 1.17% 65.24 0.44% 0.635

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 10.14 0.05% 15.89 1.07% 1.018

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 12.08 1.06% 18.93 0.11% 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 6.94 3.61% 2.719 0.32% 0.065

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 22.75 0.62% 44.56 0.09% 0.199 28009(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 22.10 0.23% 17.31 0.66% 0.561

Export

Stock Code
ADR Price
ADR Change
Equivalent (HKD)
Change from Previous Day (%)
Impact on HSI
Warrant Top Pick CBBC Top Pick
(0669)TECHTRONIC IND 75.38 0.95% 118.11 0.95% 2.590

Other

Stock Code
ADR Price
ADR Change
Equivalent (HKD)
Change from Previous Day (%)
Impact on HSI
Warrant Top Pick CBBC Top Pick
(0010)HANG LUNG GRP 9.925 3.69% 15.55 0.53% N/A
(0142)FIRST PAC CO L 3.46 1.14% 5.422 2.49% N/A
(2057)ZTO EXPRESS 23.22 1.40% 181.92 4.49% 5.415
(2518)AUTOHOME INC A 16.93 0.59% 33.16 1.84% N/A
(9896)MINISO GROUP D 13.91 1.42% 27.24 0.83% N/A
(9898)WEIBO CORP ADR 8.26 0.12% 64.71 0.64% N/A
(9901)NEW ORIENT EDU 49.94 1.05% 39.13 2.87% 1.396
Last updated: 2026-05-21 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.