Investment

The HSI opened 180 points lower and then the trough intensified. It once fell to 551 points to 18,044. Not only did it fall to its lowest level since the end of November last year, it also fell 20% from this year's high of 22,700. It fell into a "technical bear market". It closed down 361 points at 18,234.  The technology index fell 75 points to 3,626. Turnover on the main board rose sharply to HK$170.9 billion.  Throughout the month of May, the HSI fell by 1,660 points or 8.3%; the HS Tech index fell by 274 points or 7.04%.  Calculated by the trend: The HSI rebounded from 14,597 points on October 30 last year and peaked at 22,700 points on January 27 this year. If the fibo 0.618 times the increase is adjusted, it will reach 17,692.  The Hang Seng Index will not be able to recover to 18,300 in the next two days, and Hong Kong stocks will continue to rebound downwards. There is a chance to test the level of 17,692. The situation is even worse, see 14,597 again.  ...

Hong Kong stocks fluctuated at the end of the futures index day. The HSI opened 23 points higher. The early gains had expanded to 115 points, reaching a high of 18,666. However, the RMB hit a new half-year low, which dragged the market down. The HSI fell by as much as 182 points. However, driven by the A-shares in the afternoon, the market rebounded and finally closed at 18,595, up 44 points.   The HS Tech index rose 54 points to 3,702 points. The market's full-day turnover shrank to HK$9.45 billion.  The recent performance of Hong Kong stocks has been weak, but the Hang Seng Index has entered the oversold level technically. The drop to nearly 18,000 points has some support. It has organically continued to rebound today, but last Friday’s break (18,930 to 19,046) is not a light resistance, and there is not much room for growth . There are still many negative factors ahead of the market target, and the market outlook may start to cover the upper gap left at the end of Nove...

The HSI opened 80 points higher at 18,827. It once reached a high of 18,879, up 133 points. Afterwards, it turned back and down again and again, reaching a low of 18,517 at the end of the market, a drop of 229 points, which was the lowest level in nearly half a year since the beginning of December last year, and finally closed at 18,551, a drop of 195 points. The HS Tech index closed at 3,647, down 43 points. Market turnover was HK$110.5 billion , down more than 4% from last Thursday.  The HSI fell again yesterday, and it can be confirmed that it has fallen below the March low of 18,829. The market outlook will fill up the rising gap left by the end of November last year (17,364 to 17,536). In weaker cases, the mid-term measurement target may even be 14,900 points. If there is a short-term rebound, last Friday's falling gap (18,930 to 19,046) has resistance.  Hong Kong stocks have been weak in terms of turnover and trend recently. Although the U.S. debt ceiling has reached an ...

Hong Kong stocks remained weak on Wednesday. After opening 152 points lower, the Hang Seng Index fell repeatedly, falling by as much as 385 points to a more than two-month low of 19,046, drop 315 points, a cumulative drop of 563 points in two days, hitting a low of more than two months. The HS technology index fell 76 points to close at 3,775. Market turnover was HK$97.9 billion , less than HK$ 100 billion  for five consecutive trading days, the first time since mid-September last year.  The U.S. debt ceiling negotiations are at a stalemate. U.S. stocks fell overnight. In addition, the FOB price of the RMB has fallen to a new low in half a year. Funds are reluctant to enter the market. Hong Kong stocks have been sluggish for several days. The Hang Seng Index will fall below 19,000 points in the short term, but the price-earnings ratio will fall below 10 times, which is a harbinger of bottoming out. It is expected to see support when it returns to the March low of 18,829. At th...

Last Thursday, the HSI opened 185 points lower, at 18930, fell below the 19,000-point mark, and pierced through the low in March. It fell painfully in the afternoon, falling as much as 495 points, as low as 18,620 since early December last year, and finally closed at 18,746 , down 369 points. The technology index closed at 3,691 points, down 84 points. The full-day turnover of the Main Board was HK$115.5 billion.  There were only 4 trading days last week, and the HSI fell 703 points, or 3.61%, for the whole week; the HS Tech index fell 130 points, or 3.4%, for the week. The decline in the RMB and the weakening of A-shares have all dragged down the Hong Kong stock market for several days and repeatedly fell. The intention of capital to enter the market is not strong, the turnover continues to be sluggish, and foreign capital is more interested in trendy goods. Coupled with the fact that the economic data in the Mainland is different from market expectations, the market is concerned ...