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
24,054.48
(0.60%)

Top Gainer

(9988)ALIBABA GRP AD
(11.04%)

Top Loser

(2328)PICC PROP CS A
(4.65%)
Last updated: 2026-07-09 07:05

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 60.93 3.45% 477.65 0.24% 4.974 29230(Call) 68739(Bull)
(0992)LENOVO GP ADR 57.96 8.32% 22.72 1.78% 4.146 29915(Call)
(1810)XIAOMI CORPO D 15.95 7.70% 25.01 1.16% 8.115 13137(Call) 63375(Bull)
(2018)AAC TECHNOLO D 4.90 0.82% 38.41 1.56% N/A 26907(Call)
(2382)SUNNY OPT TEC 71.00 2.93% 55.66 3.12% 1.886 29438(Call)
(3690)MEITUAN ADR 20.28 1.76% 79.49 1.74% 11.971 27517(Call) 53591(Bull)
(9618)JD.COM INC ADR 27.62 4.25% 108.26 0.13% 0.338 28513(Call) 69657(Bull)
(9626)BILIBILI INC 18.03 2.44% 141.34 1.78% N/A 29566(Call)
(9698)GDS HOLDINGS L 32.82 7.92% 32.16 1.45% N/A
(9888)BAIDU INC ADS 117.62 4.93% 115.26 1.99% 5.398 27718(Call) 55182(Bull)
(9961)TRIP.COM GRP L 41.38 1.40% 324.39 1.34% 1.849 14352(Call)
(9988)ALIBABA GRP AD 108.98 11.04% 106.79 0.66% 11.280 14086(Call) 68730(Bull)
(9999)NETEASE INC AD 133.46 2.07% 209.25 2.13% 11.027 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 96.09 1.34% 150.66 0.82% 17.615 26250(Call) 56633(Bull)
(0388)HONG KONG EX A 48.11 0.06% 377.15 0.96% 6.726 14043(Call) 69389(Bull)
(2388)BOC HONG KONG 115.40 5.01% 45.23 0.41% 1.056 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 20.98 5.11% 8.223 0.68% 8.312 14872(Call)
(1288)AGR BK OF CHIN 17.94 4.61% 5.626 0.43% N/A 23545(Call)
(1398)INDS&COM BK AD 17.31 4.66% 6.785 0.51% 4.416 26428(Call)
(3968)CHINA MRCHNT A 29.07 1.68% 45.58 0.31% 0.850 23943(Call)
(3988)BK OF CHINA AD 16.14 5.35% 5.061 0.57% 3.150 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 37.13 0.41% 72.77 1.26% 14.986 21461(Call)
(2318)PING AN INS 13.59 1.95% 53.27 1.08% 5.961 13918(Call) 69790(Bull)
(2328)PICC PROP CS A 45.15 4.65% 14.16 4.85% 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 10.75 1.42% 84.27 1.84% 8.892 26849(Call) 69468(Bull)
(2015)LI AUTO INC AD 12.12 0.58% 47.51 2.09% 2.174 29435(Call)
(2333)GREAT WAL MR A 11.20 3.94% 8.780 0.23% N/A 29908(Call)
(9866)NIO INC 4.90 0.41% 38.41 3.10% N/A 19669(Call)
(9868)XPENG INC ADR 13.27 0.76% 52.01 0.26% N/A 29497(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 8.73 4.05% 13.69 0.28% 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 20.02 2.83% 31.39 0.67% 0.631 28839(Call)
(1928)SANDS CHINA AD 17.11 2.37% 13.41 0.94% 0.476 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 4.08 0.94% 7.996 1.99% 1.928 27065(Call)
(1099)SINPHRM GRP AD 10.88 0.18% 17.06 0.71% 0.257
(2269)WUXI BIOLGCS A 9.00 4.15% 35.28 1.07% 2.313 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 230.49 1.50% 72.28 0.65% 1.010 22349(Call)
(2331)LI NING COMP A 47.13 0.25% 14.78 0.61% 0.327

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 4.73 6.29% 18.54 2.88% N/A
(0012)HENDERSON LAND 3.15 0.63% 24.69 3.16% 1.759
(0016)SUN HUNG KAI P 14.39 0.28% 112.81 0.17% 0.424 28983(Call)
(0083)SINO LAND CO 6.58 1.58% 10.32 0.06% N/A
(0101)HANG LUNG PPTY 4.478 1.30% 7.020 2.23% 0.431

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 8.21 0.86% 64.36 0.98% 2.617
(0019)SWIRE PAC LTD 10.65 0.76% 83.49 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 9.67 0.62% 75.81 0.27% 0.515
(0003)HONG KONG&CHIN 0.771 3.66% 6.042 7.19% 8.006
(0006)POWER ASSETS A 7.43 1.23% 58.25 2.73% 3.300

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 8.01 4.83% 12.56 2.57% 1.929

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 10.72 0.66% 16.81 1.02% 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 21.10 1.88% 41.35 0.16% 0.331 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 22.28 2.54% 17.47 0.76% 0.645

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 6.20 2.36% 48.60 5.71% N/A
(0669)TECHTRONIC IND 79.90 3.79% 125.27 0.66% 1.858

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 4.01 4.30% 15.72 9.20% N/A
(0142)FIRST PAC CO L 3.25 0.61% 5.096 0.50% N/A
(2057)ZTO EXPRESS 23.22 0.22% 182.03 0.75% 0.814
(2518)AUTOHOME INC A 19.94 6.80% 39.08 8.19% N/A
(9896)MINISO GROUP D 11.81 0.94% 23.15 0.92% N/A
(9898)WEIBO CORP ADR 7.66 2.54% 60.05 0.74% N/A
(9901)NEW ORIENT EDU 49.08 2.66% 38.48 0.22% 0.101
Last updated: 2026-07-09 07:05

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.