Investment

Hong Kong stocks were repeatedly soft on the futures settlement day. The  HSI opened 24 points lower at 17,587 points. It once rose to 17,627 points, and then encountered selling pressure again. It fell as much as 259 points to a low of 17,352 points. It fell 238 points throughout the day to 17,373 points, setting a new low this year; HS Technology Index It fell 55 points to 3,778 points. Main board transaction volume was HK$80.1 billion.  The external market is in turmoil, with the U.S. 10-year bond interest rate rising to 4.6%. The market is raising expectations for interest rate hikes, which has an impact on global stock markets. Coupled with the strong holiday atmosphere, investors are less willing to enter the market. Due to serious oversold conditions, the market cannot be ruled out. There will be a technical rebound, but the 10-DMA (17,789) and the 20-DMA (18,044) must first be recovered to have the opportunity to move higher. However, with the market still experiencing...

Hong Kong stocks rebounded slightly on the eve of futures settlement. The HSI opened 5 points higher and rose as much as 188 points to a high of 17,655 points. It closed at 17,611 points, up 144 points .  The HS technology index closed at 3,833 points, up 16 points. The main board's full-day turnover was HK$75.9 billion.  Currently, the five elements are short of water. It is better to defend than to attack for the time being. It is now the end of the third quarter, with seasonal tightness in liquidity, high interbank interest rates, and green bond subscriptions draining market funds. Naturally, it is difficult for the stock market to rise due to "water shortage". HSI rebounded by more than 400 points last Friday (22nd), but the transaction volume failed to match, and only more than 100 billion Hong Kong dollars were lost, which was only a "dry rise" state. If the  HSI falls below the 17,500-point level, it may test the 16,800-point level next. European stock ma...

Hong Kong stocks HSI fell below 17,500 points, hitting a new low in nearly 10 months. The HSI opened 67 points lower and then repeatedly found the bottom. In the afternoon, it fell 349 points to a low of 17,379 points. It closed at 17,466 points, down 262 points. The HS technology index closed at 3,817 points, down 65 points. The main board traded HK$82.4 billion throughout the day.  Today (27th) is the peak period for index rollover, Thursday (28th) is the index settlement day, and Friday (29th) is the settlement day for over-the-counter derivatives, which is also the month last trading day. Mainland housing debt is still plaguing the market. Even if housing data improves, it is not expected to be enough to solve its liquidity problem, so it is difficult for Hong Kong stocks to see an upward trend. The HSI fell from a high of 22,700 points in January this year to yesterday's low of 17,379 points. The decline has widened to 5,321 points. This month's volatility has also reached...

Hong Kong stocks opened 10 points lower and then fell further. The HSI fell as much as 334 points to a low of 17,722. It closed at 17,729, down 328 points. The HS technology index closed at 3,882, down 108 points. The main board's total daily turnover was HK$74.2 billion.  There are rumors that the mainland is considering relaxing the cap on foreign ownership of some A-shares. Even if the rumors are true, we must pay attention to whether foreign investors are really interested in increasing their holdings of A-shares. It has not yet been seen. In addition, the U.S. Personal Consumption Expenditures (PCE) price index released this week should pay attention to whether inflation has dropped, which will affect the Federal Reserve's interest rate hike expectations. The current strength of the U.S. dollar is putting pressure on non-U.S. dollar assets. Hong Kong stocks should hold on to the highs set on August 22. This year's low is 17,573 points. Otherwise, it will test the risin...

It is rumored that the mainland is considering relaxing the cap on foreign shareholding in domestic listed companies in order to attract global funds to return to the mainland stock market. A-shares have strengthened. In addition, the market is looking forward to the announcement of short-term measures to improve the liquidity of Hong Kong stocks, and there are short positions taking advantage of the opportunity. Thus, As a result, Hong Kong stocks fell first and then rose on Friday, hitting the 18,000-point mark.  The HSI fell nearly 100 points in the early session to 17,573 points and hit its August low before rebounding to close at 18,057 points, up 402 points; the HS Technology Index closed at 3,991 points, up 142 points. The main board's total daily turnover was HK$101.8 billion, exceeding HK$100 billion for the first time in a week.  Hong Kong stocks made a big comeback on the last day of last week, with the HSI narrowing its losses for the week to 125 points; the HS Tec...

Concerns that the United States will maintain high interest rates for a period of time are dragging down market sentiment. After opening 89 points lower, the HSI in Hong Kong expanded its losses, falling as much as 261 points to a low of 17,623 points, a new low in September. It closed at 17,655 points, down 230 points. The HS technology index closed at 3,849 points, down 72 points. The main board's total daily turnover was HK$77.4 billion. In addition to being affected by the external high interest rate environment, the overall investment sentiment in Hong Kong stocks is sluggish. Investors seem to be waiting for clearer signals, such as signs of improvement in the mainland's macroeconomic and corporate performance, before daring to enter the market. The HSI fell from a high of 18,889 points on the 4th of this month to yesterday's low of 17,623 points, a drop of 1,266 points. Next Thursday (28th) is the settlement day for spot-month index futures. It is expected that the H...

On the eve of the announcement of the results of the Federal Reserve's interest rate meeting, investors are in a wait-and-see mood. Hong Kong stocks continued to be soft after opening 57 points lower. The HSI fell as much as 163 points, reaching a low of 17,833 points; it closed at 17,885 points, down 111 points. The HS technology index closed at 3,921 points, down 62 points. The main board's full-day turnover further shrank to HK$71.2 billion, the lowest in the past three months.  The People's Bank of China announced that the one-year and five-year loan prime rates (LPR) remained unchanged in September. It is not a bad thing that the Mainland does not cut interest rates. It may reflect that the rescue measures are effective and there is no need for heavy medicine. The worst may be over and the economy may stabilize. However, Hong Kong stocks will continue to struggle at 18,000 points, because green bonds are being subscribed, draining market funds, Hong Kong stock trading ...

As the market waits for the outcome of the Federal Reserve's interest rate meeting, Hong Kong stocks lack direction. The HSI opened 11 points higher and then fell nearly 100 points to a low of 17,832 points. It then rebounded repeatedly, but was limited by the resistance of 18,000 points, closing at 17,997 points, up 66 points. The HS technology index closed at 3,984 points, down 2 points. The main board's full-day turnover was HK$76.2 billion, the lowest in two and a half months.  The global economy has always been pessimistic, and the global, mainland, and even Hong Kong stock markets are not immune to this. It is expected that the Hong Kong stock market will not change much in the short term. The HSI has tested the large volume-intensive area of about 17,800 points several times in recent days and has managed to maintain its position. Will it be able to hold on to this key level in the short term? The market is looking forward to the "good news" that the interest r...

Hong Kong stocks ended their two-day rally and fell below the 18,000 mark level again. The HSI opened 113 points lower and maintained its downward trend. The HSI fell as much as 288 points to a low of 17,894. Later, the decline narrowed to dozens of points, but ultimately failed to stabilize at 18,000 points and closed at 17,930, down 252 points. The HS technology index fell below the 4,000-point mark and closed at 3,987, down 90 points. The main board's total daily turnover was HK$84.5 billion. The outcome of the Federal Reserve's interest rate discussion will have little impact on Hong Kong stocks. It also depends on mainland policies and the trend of the RMB. For the time being, the Hong Kong stock market is still in a volatile up-and-down pattern, and no major market trends have been seen. The HSI currently has support at 17,800 points, and temporarily aims to challenge the 50-DMA (18,700) as the mid-line target.  Dragged down by banking stocks, European stock markets came ...

The People's Bank of China's reserve requirement ratio cut and the mainland's latest economic data released were better than expected, which provided a short-lived stimulus to the Hong Kong stock market. The HSI rose 324 points in the earliest period, reaching a high of 18,372 points; the increase narrowed in the afternoon and closed at 18,182 points, up 134 points. The HS technology index closed at 4,077 points, up 18 points. The main board's total trading volume for the whole day was HK$118 billion.  The HSI went sideways last week, falling 19 points or 0.1% for the whole week; the HS Tech index fell 13 points or 0.31%.  The People's Bank of China lowered the deposit reserve ratio, but the market is still worried that domestic property sales will affect other economic sectors. Although the "recognize houses but not loan" measure has achieved good results in the first week, it cannot be regarded as a turning point for the property market. On the external ...

Hong Kong stocks remained weak, hovering around the 18,000 mark throughout the day. After opening 93 points higher, the HSI rose by as much as 164 points. After reaching a high of 18,173 points, the trend reversed. It once fell by 80 points and reached a low of 17,928 points. It closed at 18,047 points, up 38 points. The HS technology index closed at 4,059 points, up 17 points. The main board's total daily turnover was HK$81.6 billion.  After falling for 6 days in a row, the HSI finally rebounded yesterday, but the amplitude was not large and it was a black candlestick. It struggled at 18,000 for 4 consecutive days. In the past two days, it was controlled by the 20-DMA (18,182), and the transaction amount shrank. The HSI is expected to continue It fluctuated between 17,500 and 18,500 points, but it still failed to break the dull situation. Let’s see if the People’s Bank of China’s RRR cut to release liquidity into the market can lead to an upward breakthrough for the market. The fi...

The HSI rose 174 points in the early stage and reached a high of 18,200 points. After that, it could no longer sustain. It once fell 70 points and closed at 18,009 points, down 16 points. The HS technology index closed at 4,041 points, down 22 points . The main board's total daily turnover was HK$79.8 billion.  The HSI closed below the 20-DMA (18,209) for the fifth consecutive day. It has been struggling at 18,000 for the past three days. Yesterday, it opened higher and moved lower, creating a black candlestick. The transaction volume also shrank to the lowest level in more than a month, and the market investment sentiment was sluggish. The mainland has continuously launched rescue measures in the past month. Following the implementation of the "recognition of houses but not loans" policy, Guangzhou also successfully sold a land worth over 10 billion in its first land auction on Tuesday (12th). At the same time, Beijing's real estate transactions also seemed to be It ...

Hong Kong stocks fell first and then recovered, barely holding on to the 18,000-point mark. The HSI fell 204 points in the early stage and found support as low as 17,892 points. It once rose 49 points; it closed at 18,025 points, down 70 points. The HS technology index closed at 4,063 points, down 19 points. The main board's total daily turnover was HK$84.1 billion.  Due to the lack of good news and the decline in market turnover to less than HK$ 100 billion, Hong Kong stocks fluctuated within a narrow range. The market is paying attention to the trend of the RMB exchange rate and whether the People's Bank of China will take further steps to stabilize the RMB. There are rumors that the People's Bank of China will tighten restrictions on foreign exchange purchases of US$50 million or more by enterprises and centralize the approval authority for this part of foreign exchange purchases to the central bank in order to slow down the decline of the RMB. If the RMB falls below 7.3...

Hong Kong stocks were suspended last Friday due to black rain. They recovered their losses yesterday. The HSI fell below the 18,000-point mark as soon as the market opened, falling as much as 359 points and as low as 17,842 points. Afterwards, the RMB rebounded sharply, causing the market's decline to narrow. The HSI closed at 18,096 points, down 105 points. The HS technology index once fell below the 4,000-point mark and closed at 4,083 points, down 8 points. The main board's total trading volume for the whole day was HK$124.4 billion.  In the short term, it is expected to consolidate at the 18,000 level. The market outlook mainly depends on the trend of the RMB, mainland policies, A-shares and external market conditions. If it rebounds upward, the first resistance level is yesterday's downward gap from 18,164 points to 18,173 points. If it goes higher, it can try the 20-DMA (18,299), the 10-DMA(18,348), or even the 50-DMA (18,800). If it moves downwards, the support level...

Hong Kong stocks were suspended for the entire day last Friday due to extreme weather and black rain. U.S. bond interest rates and the U.S. exchange rate index both rose, and the RMB weakened as a result.  Hong Kong stocks HSI opened slightly lower by 12 points last Thursday to 18,437, which was already the highest level of the day. The decline immediately expanded, with a maximum loss of 276 points in the afternoon, and the intraday price after August 28 It hit a low of 18,173. The decline in the late market was slightly reversed, and it finally closed at 18,202, down 247 points, setting a new closing low since August 28. The high and low fluctuations throughout the day were 264 points, with a cumulative gain of 642 points in 3 days. The HS technology index closed at 4,091, down 85 points. The main board's full-day turnover was HK$86.8 billion, a daily decrease of 6.6%, the lowest since August 25. Summing up the four trading days last week, the HSI fell by 179 points or 1%, ending...

U.S. bond yields and the U.S. dollar index both rose, and th RMB weakened. Hong Kong stocks HSI opened slightly lower yesterday at 12 points to 18,437, which was already a day high , the decline slightly recovered in the late market, and finally closed at 18,202, down 247 points, setting a new closing low since August 28. The high and low fluctuations throughout the day were 264 points, with a cumulative gain of 642 points in 3 days. The HS technology index closed at 4,091, down 85 points. The main board's full-day turnover was HK$86.8 billion, a daily decrease of 6.6%, the lowest since August 25.  The positive effect of the mainland supporting the property market is gradually being digested, and the market is dominated by the negative atmosphere of rising US interest rate hike expectations. After falling below the short-term upward trajectory the day before yesterday, it closed lower than the 10-DMA(18,360) and the 20-DMA (18,357) yesterday. There is no major moving average suppor...

Hong Kong stocks first fell and then turned back. The HSI opened 51 points lower and then fell by up to 200 points, reaching a low of 18,256 points. It rose in the afternoon and broke through the 20-DMA (18,410), but was limited by the 18,500-point resistance, and closed at 18,449 points, down 6 points . The HS technology index closed at 4,176 points, down 16 points. The full-day turnover of the main board was HK$92.9 billion. It is expected that the HSI will fall below the 10-DMA (18,325) today, and then test the 18,000-point mark. The market outlook may fill in the rising gap at the end of November last year (17,364 to 17,536). Although the mainland authorities launched a combination of policies last week, the rise of the Hang Seng Index was unsustainable and returned to the basic level. The reasons include that Caixin China’s service industry PMI in August fell to the lowest level of 51.8 this year, which made the market worry that it will return to the contraction level in the futu...

Caixin China’s services PMI fell far short of expectations and hit a new low this year, which affected the weakening of the onshore and offshore RMB triggering Hong Kong stocks to retreat significantly after Monday’s sharp rise, as low as 18,431 points, but fell below the 20-DMA (18,446) to find support; it closed at 18,456 points, down 387 points. The HS  technology index closed at 4,193 points, down 111 points. The daily turnover of the main board was HK$101.4 billion.  The HSI rose to the 50-DMA (18,889) on Monday and was blocked. Yesterday, it pulled back with a big black candlestick and narrowly guarded the 20-DMA. This level is an important indicator of market conditions. If it falls below, it depends on whether the 10-DMA (18,258) can be strong. If there is no takeover, it will try the last month's low of 17,573. If it fully covers the rising gap of 17,364 to 17,536 points on November 29 last year, it will continue to find the bottom, and the next support level is 16,60...

After falling nearly 1,700 points in August, the HSI rebounded at the beginning of September. The HSI opened 210 points higher at 18,592 points, and then extended its gains to 517 points, reaching a peak of 18,899 points. It rose 462 points throughout the day to 18,844 points. The HS technology index rose 125 points to 4,305. The quarterly inspection of the Hang Seng Index was implemented after the close of the market, driving the turnover of the main board to over HK$152.6 billion. As soon as the market opened yesterday, the HSI once again crossed the 20-DMA (18,500), the resistance level of the previous two days. It slightly rose above the 50-DMA (18,898) but failed to stabilize. It closed at the falling gap on August 14 (18,792 to 19,049) inside.   I believe that if it rises above 19,049, it will show that the market has the strength to go up again. Recent news has tended to be positive, with the U.S. unemployment rate data being higher than market expectations; the Mainlan...

The Hong Kong stock market was closed last Friday due to the arrival of Typhoon Sulla signal 10. Looking at August, the HSI fell by 1,696 points or 8.45%, the largest decline since February, ending two consecutive months of gains. HS Technology index fell 370 points or 8.14% in August. Hong Kong stocks rose first and then retreated on the last trading day of August. After the HSI opened 97 points higher, the gain once expanded to 184 points, reaching a high of 18,667 points. Later, selling pressure emerged, and it fell 100 points throughout the day to 18,382 points. The HS technology index fell 15 points to 4,179. The turnover of the Main Board was HK$136.5 billion.  Last week, the HSI showed a black candlestick gyro scrambling to wait for a change signal. Although the market rebounded, trading volume did not increase significantly. The HSI was subject to the resistance of the falling gap (18,792 to 19,049) on August 14. The  10-DMA (18,086) is not far from the current HSI. If...