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Investment 11/6/2026

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The Hang Seng Index opened 123 points lower at 24,442 and continued its decline, falling as much as 358 points to 24,207. It closed down 157 points, or 0.64%, at 24,407. The Technology Index fell 44 points, or 0.94%, to 4,724. Total market turnover was HK$320.5 billion. This marks the sixth consecutive trading day of decline for Hong Kong stocks. Yesterday, the index tested the March 23 low of 24,203. The next support level is the March 23 low of 24,024. If this level is breached, the index is expected to test the 22,000-23,000 range. The continued decline in Hong Kong stocks is mainly due to the valuation correction of US artificial intelligence (AI) related stocks, coupled with the escalation of tensions between the US and Iran following the downing of a US helicopter, making the reopening of the Strait of Hormuz uncertain. In European stock markets, French and German stocks closed down 0.51% and 0.97% respectively, while British stocks rose 0.27%. The US Consumer Price Index (CPI) r...
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Investment 10/6/2026

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The Hang Seng Index opened 105 points lower at 24,551 and remained weak throughout the day, falling as much as 170 points to 24,486. It rebounded briefly in the afternoon, rising as much as 83 points to a high of 24,740, before closing at 24,565, down 91 points or 0.37%. The Technology Index rose 13 points or 0.29% to 4,769. Main board turnover was HK$308.9 billion. Hong Kong stocks fell for the fifth consecutive day, accumulating a drop of 1,472 points or 5.65%. The investment climate deteriorated sharply. US stocks fell significantly on Friday night (5th), and Asian stock markets also declined significantly, driven by the fall in South Korean stocks affected by the political crisis. However, compared to these factors, Hong Kong stocks' performance yesterday was not too bad; however, unless the investment climate suddenly improves, Hong Kong stocks still have room for further decline in the short term. However, the failure to reach an agreement in the US-Iran ceasefire negotiation...
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Investment 9/6/2026

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The Hang Seng Index opened 379 points lower at 24,582, falling as much as 503 points to 24,458 before closing down 304 points or 1.22% at 24,657, marking its fourth consecutive day of decline. The Technology Index fell 132 points or 2.71% to 4,755. Total market turnover was HK$363.9 billion. A key support level for the Hang Seng Index is 24,203, followed by the March 23 low of 24,024. A break below this level would likely lead to a test of the 22,000-23,000 range. If no further negative news emerges, a short-term rebound is possible, but resistance is expected near the 26,000 level. European stock markets lacked direction, with the UK FTSE 100 rising slightly by 0.05%, while French and German FTSE 100 fell by 0.23% and 0.58% respectively. U.S. stocks stabilized on Monday, with the Dow Jones Industrial Average opening 130 points higher and then extending its gains to as much as 410 points, reaching a high of 51,277. It subsequently fluctuated, falling as much as 134 points t...
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Investment 8/6/2026

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Hong Kong stocks continued to fall for three consecutive days following news of tightened cross-border investment restrictions in mainland China. The Hang Seng Index further breached the 25,000-point mark on Friday, hitting a more than two-month low, closing down 291 points or 1.15% at 24,961. The technology index fell 86 points or 1.74% to 4,888. Total market turnover was HK$342.8 billion. The Hang Seng Index has cumulatively fallen 1,076 points or 4.13% over the three days, and has now lost a total of 1,431 points or 5.42% over four weeks; in the first week of June, it fell 220 points or 0.87%. The Hang Seng Index has once again fallen below the 25,000-point mark. Based on the current trend, the market has a higher chance of hitting a new low for the month. Technical support has retreated to the May 28 low of 24,727 points, followed by the March 23 low of 24,024. If this level is breached, the market is expected to test the 22,000-23,000 range. According to technical anal...
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Investment 4/6/2026

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Hong Kong stocks ended a three-day winning streak. The Hang Seng Index opened 85 points lower at 25,953 and quickly extended its losses, falling as much as 468 points to a low of 25,569 before closing down 405 points, or 1.55%, at 25,633. The Tech Index fell 142 points, or 2.74%, to 5,056. Turnover exceeded HK$322.9 billion. The Hang Seng Index has once again fallen below the 250-day moving average (25,685), a key level separating bull and bear markets. This indicates that the market remains in a weak, volatile state, attempting to test lower levels. If the important support level of 25,356 is breached, the low of 24,024 on March 23 will likely become the next target for bears. Technically, the Hang Seng Index rose a total of 13,262 points from its intraday low of 14,794 points on January 22, 2024, to 28,056 points on January 29, 2026. If the Fibonacci retracement level is adjusted to 0.382, the Hang Seng Index would reach 22,986 points. European stock markets retreated, wi...
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Investment 3/6/2026

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The Hang Seng Index opened 3 points lower at 25,395, but quickly rebounded, with gains widening further in the afternoon, rising as much as 646 points to 26,045. It closed up 640 points, or 2.52%, at 26,038, marking its third consecutive day of gains. The Technology Index rose 234 points, or 4.72%, to 5,199. Total market turnover was HK$373.7 billion. Although the Hang Seng Index climbed back above the 250-day moving average (25,675), a key level for bull and bear markets, further upside potential for Hong Kong stocks may be limited. The high of 26,845 reached on the 14th of last month is expected to present significant resistance, making current market entry risky. European stock markets were stable, with the UK, French, and German stock markets rising 0.33%, 0.77%, and 0.48%, respectively. While the US-Iran peace talks showed no progress, artificial intelligence (AI) infrastructure and chip stocks performed well. U.S. stocks traded mixed on Tuesday, with the Dow Jones and...
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Investment 2/6/2026

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Hong Kong stocks traded volatilely on the first trading day of June. The Hang Seng Index opened 2 points higher at 25,180, rising as much as 304 points to 25,486, before closing up 215 points or 0.85% at 25,398. The Technology Index rose 80 points or 1.65% to 4,964. Turnover totaled HK$330.9 billion. Unless the Hang Seng Index returns above its 250-day moving average (25,665), its weak trend is unlikely to change. However, as the investigation into cross-border online brokerages gradually subsides, and given the market's recent lows, there is still a chance for the Hang Seng Index to slowly recover from its low of 24,727, potentially reaching 25,400 to 25,800 points in the future. European stock markets were weak, with the UK, French, and German stock markets falling 0.68%, 0.45%, and 0.4% respectively. The stalled peace talks between the US and Iran spurred a surge in oil prices, and US stocks rebounded on the first trading day of June, with all three major indexes hit...
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