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
25,608.00
(0.09%)

Top Gainer

(1045)APT SATELLITE
(38.19%)

Top Loser

(0083)SINO LAND CO
(11.16%)
Last updated: 2026-01-02 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 76.55 0.65% 596.56 0.41% 8.257 23655(Call) 63250(Bull)
(0992)LENOVO GP ADR 23.69 0.71% 9.231 0.31% 0.346 23886(Call)
(1810)XIAOMI CORPO D 25.19 0.24% 39.26 0.10% 1.121 22416(Call) 63177(Bull)
(2018)AAC TECHNOLO D 5.02 1.11% 39.12 0.31% N/A 23890(Call)
(2382)SUNNY OPT TEC 83.49 0.95% 65.06 0.74% 0.551 23306(Call)
(3690)MEITUAN ADR 26.39 0.71% 102.83 0.46% 4.143 22415(Call) 56571(Bull)
(9618)JD.COM INC ADR 28.71 0.04% 111.85 0.22% 0.701 22663(Call) 69168(Bull)
(9626)BILIBILI INC 24.59 0.16% 191.63 0.66% N/A 21361(Call)
(9698)GDS HOLDINGS L 34.90 0.87% 34.00 0.88% N/A 14364(Call)
(9888)BAIDU INC ADS 130.66 1.30% 127.28 3.21% 8.389 21299(Call) 61865(Bull)
(9961)TRIP.COM GRP L 71.91 0.57% 560.40 1.16% 2.458 17508(Call)
(9988)ALIBABA GRP AD 146.58 0.53% 142.79 0.01% 0.150 20109(Call) 54664(Bull)
(9999)NETEASE INC AD 137.77 1.97% 214.73 0.06% 0.298 19666(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 78.67 0.77% 122.62 0.18% 4.068 21568(Call) 63175(Bull)
(0023)BANK OF EAST A 1.858 4.81% 14.48 8.68% N/A
(0388)HONG KONG EX A 52.12 1.01% 406.18 0.35% 2.750 23345(Call) 54891(Bull)
(2388)BOC HONG KONG 101.66 0.82% 39.61 0.49% 1.144 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 19.73 0.25% 7.688 0.03% 0.327 22071(Call)
(1288)AGR BK OF CHIN 18.47 0.51% 5.756 0.42% N/A 23545(Call)
(1398)INDS&COM BK AD 16.12 0.15% 6.279 0.17% 1.416 22193(Call)
(3968)CHINA MRCHNT A 33.82 0.64% 52.71 0.17% 0.549 23943(Call)
(3988)BK OF CHINA AD 14.28 0.81% 4.451 0.19% 0.978 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 41.03 2.75% 79.94 0.05% 0.631 23757(Call)
(2318)PING AN INS 16.78 1.70% 65.38 0.36% 2.513 22911(Call) 56486(Bull)
(2328)PICC PROP CS A 52.54 0.51% 16.38 0.11% 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 12.11 3.35% 94.37 1.02% 5.744 22102(Call) 67654(Bull)
(2015)LI AUTO INC AD 16.93 1.97% 65.97 1.73% 2.475 22098(Call)
(9866)NIO INC 5.10 7.27% 39.74 2.97% N/A 23494(Call)
(9868)XPENG INC ADR 20.28 4.70% 79.02 0.41% N/A 18912(Call) 56512(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 7.925 0.69% 12.35 0.63% 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 24.46 0.61% 38.12 0.51% 0.617 22019(Call)
(1928)SANDS CHINA AD 25.05 1.08% 19.52 0.40% 0.304 18507(Call)

Medical

Stock Code
ADR Price
ADR Change
Equivalent (HKD)
Change from Previous Day (%)
Impact on HSI
Warrant Top Pick CBBC Top Pick
(1099)SINPHRM GRP AD 12.40 0.19% 19.33 0.58% 0.239 19728(Call)
(2269)WUXI BIOLGCS A 8.00 2.36% 31.17 0.85% 1.571 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 258.52 0.66% 80.59 0.05% 0.083 22349(Call)
(2331)LI NING COMP A 59.92 0.76% 18.68 0.04% 0.031

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 6.94 2.39% 5.408 0.16% 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
(0012)HENDERSON LAND 3.58 1.92% 27.90 0.86% 0.570
(0016)SUN HUNG KAI P 12.25 0.37% 95.47 0.81% 1.781
(0017)NEW WORLD DEV 0.409 0.53% 6.378 12.27% N/A
(0083)SINO LAND CO 6.05 11.16% 9.430 7.73% N/A
(0101)HANG LUNG PPTY 5.53 1.95% 8.619 0.11% 0.027

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 6.79 0.59% 52.92 0.07% 0.151
(0019)SWIRE PAC LTD 8.03 0.37% 62.58 0.19% N/A
(0267)CITIC LIMITE A 7.585 3.62% 11.82 1.97% 2.225

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 9.01 0.22% 70.22 0.89% 1.995
(0003)HONG KONG&CHIN 0.936 16.88% 7.294 4.06% 5.094
(0006)POWER ASSETS A 6.954 4.08% 54.19 1.74% 2.135

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 7.42 6.90% 11.56 5.59% 4.157

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 14.15 0.32% 22.06 0.09% 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 19.86 0.87% 38.69 0.28% 0.553 22157(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 19.31 0.84% 15.04 0.90% 0.671

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 7.975 0.62% 62.15 1.30% N/A
(0669)TECHTRONIC IND 57.58 2.34% 89.75 0.17% 0.362

Other

Stock Code
ADR Price
ADR Change
Equivalent (HKD)
Change from Previous Day (%)
Impact on HSI
Warrant Top Pick CBBC Top Pick
(0087)SWIRE PAC B 7.55 0.40% 11.77 1.44% N/A
(0142)FIRST PAC CO L 3.95 0.25% 6.157 3.30% N/A
(1045)APT SATELLITE 0.355 38.19% 2.767 0.48% N/A
(2057)ZTO EXPRESS 20.89 1.04% 162.80 0.31% 0.354
(2518)AUTOHOME INC A 22.26 1.00% 43.37 0.86% N/A
(9896)MINISO GROUP D 18.75 0.95% 36.53 0.36% N/A
(9898)WEIBO CORP ADR 10.22 0.69% 79.65 0.75% N/A
(9901)NEW ORIENT EDU 55.03 1.02% 42.89 1.53% 0.783
Last updated: 2026-01-02 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.