Investment

Following the external rally, Hong Kong stocks opened 175 points higher and continued to rise. The Hang Seng Index soared up to 498 points, reaching a high of 17,729 points; it closed at 17,664 points, up 433 points. The HS technology index closed at 3,937 points, up 123 points. The main board's total daily turnover was HK$90.9 billion. 


Hong Kong stocks fell first and then rebounded last week. The Hang Seng Index rose 265 points or 1.52% for the whole week, rising for two weeks in a row. The HS Tech index rose 131 points or 3.44%, outperforming the market. 


The previous week's decline was close to the low of 16,830 points on November 28 last year, and it found support, and finally rose and closed. Last week, it opened low and closed high again, reflecting that funds entered the market at low levels, and the market outlook may be optimistic. It is expected to rise above the 50-DMA (17,762) today, and there will be considerable resistance to the 100-DMA (18,452). The 16,830 level can be maintained in the short term. 


Investors bet that the interest rate hike cycle had peaked, and U.S. stocks did well overnight. The latest data reflects that U.S. economic growth may slow down in the future, confirming that there is a high chance of interest rates peaking. U.S. bond interest rates and the U.S. dollar have also retreated, which will help alleviate the pressure on RMB depreciation. In addition, mainland A-shares have stabilized, which is expected to stabilize Hong Kong stocks. 


 European stock markets developed individually, with British and French stocks falling by 0.39% and 0.19%, while German stocks rose by 0.3%. 


The latest U.S. employment data was weak, market expectations for the Federal Reserve to raise interest rates have cooled, and bond interest rates have fallen further. U.S. stocks continued to perform well on Friday. After the Dow opened 149 points higher, the increase expanded to as much as 324 points, reaching a high of 34,163 points before closing. rose 222 points to 34,061 points, with a cumulative rebound of 5.1% for the week; the S&P 500 index closed up 40 points, at 4,358 points, recording gains for five consecutive days and rising 5.9%, the largest weekly increase this year; mainly technology stocks The Nasdaq rose 184 points to 13,478 points, with a cumulative gain of 6.6% for the week. 

留言

張貼留言

這個網誌中的熱門文章

Investment 29/4/2026

圖片
The Hang Seng Index opened 111 points lower at 25,814 and continued its downward trend, falling as much as 316 points in the afternoon to a low of 25,609. It closed down 245 points, or 0.94%, at 25,679. The Technology Index fell 112 points, or 2.28%, to 4,827. Total market turnover was HK$262.3 billion. It is anticipated that the US and Iran will not reach a negotiation agreement soon; furthermore, the liquidity drain and the upcoming May Day holiday have contributed to the two consecutive days of decline in Hong Kong stocks. The Hang Seng Index may test the support level of the 250-day moving average (25,404), while the 100-day moving average (26,098) will turn from support to resistance. Investors should not rush into the market now but should adopt a risk-averse strategy, waiting for the Hang Seng Index to potentially fall to the 24,409 level before considering buying on dips to position for a rebound. European stocks traded mixed, with the UK FTSE 100 rising slightly by 0.11%, whil...
閱讀完整內容

Investment 24/4/2026

圖片
The Hang Seng Index opened 64 points lower at 26,098, and the decline widened to 322 points at one point, reaching a low of 25,840. It closed down 248 points, or 0.94%, at 25,915. The Technology Index fell 98 points, or 1.98%, to 4,865. Total market turnover was HK$255.3 billion. The Hang Seng Index broke below the 16,000-point mark. However, due to the relatively lagging performance of Hong Kong stocks and stable market sentiment, a significant correction has not yet occurred. It is believed that the Hang Seng Index can hold the 250-day moving average (25,349), a key level for bull and bear markets, while facing strong resistance at 27,000 points. European stock markets showed mixed performance, with British and German stocks falling 0.19% and 0.16% respectively, while French stocks rose 0.87%. With the Middle East situation unresolved and investors awaiting the implementation of peace talks, international oil prices remained high, putting pressure on US stocks on Thursday. The Dow Jo...
閱讀完整內容

Investment 27/4/2026

圖片
The Hang Seng Index opened 181 points lower at 25,733, and once plunged 275 points to a low of 25,639, before recovering its losses, rising as much as 89 points to 26,004. It closed the day up 62 points, or 0.24%, at 25,978; the Tech Index rose 36 points, or 0.75%, to 4,902. Total market turnover was HK$236.7 billion. For the week, the Hang Seng Index fell 182 points, or 0.69%. Hong Kong stocks rebounded on Friday but failed to recover the 26,000-point mark. The Hang Seng Index broke through the descending channel earlier this month with an upward gap (25,254 to 25,668). Last week's short-term correction to this gap followed by a sharp rebound reflects the strong support at this level. Recent geopolitical tensions have fluctuated, causing Hong Kong stocks to trade in a volatile range. Without significant positive or negative news, they are expected to fluctuate between 25,500 and 26,300 points this week. If the market can break through and hold above 26,300 points, it may test the ...
閱讀完整內容