Investment

On the Hong Kong stock index futures settlement day, the Hang Seng Index opened 87 points lower at 16,530 points and then maintained its decline. The decline once expanded to 263 points, reaching a low of 16,354 points. It closed down 225 points or 1.35% at 16,392 points for the whole day. The technology index fell 78 points, or 2.24%, to 3,393 points, with main board turnover of HK$115.6 billion.  At the beginning of the year, the market was worried about the crisis in the mainland real estate sector. However, since then, the mainland has frequently launched measures to rescue the market. In addition, the recently announced corporate performance has been impressive, allowing the Hang Seng Index to rebound from its earlier lows and stabilize at the 16,000-point level. It is expected that the Hang Seng Index will generally maintain the current pattern of "volatility but no increase" in the second quarter. However, under the influence of external factors such as the US election...

On the eve of futures settlement, the Hang Seng Index opened 74 points higher at 16,548 points, then fell 21 points to 16,452 points. It strengthened in the afternoon, and the increase once expanded by 255 points to 16,728 points. It rose 144 points or 0.87% throughout the day to 16,618 points. point. The technology index rose 34 points, or 0.99%, to 3,471 points. Main board transaction volume was HK$108.6 billion.  As the Easter holiday approaches, Hong Kong stocks are expected to be relatively quiet. No special factors have been seen to cause the market to break through upward or downward. The Hang Seng Index is expected to remain depressed, hovering between 16,000 and 17,000 points.  European stock markets performed well, with British, French and German stock markets closing higher by 0.17%, 0.41% and 0.67% respectively.  The latest U.S. economic data showed mixed performance. U.S. stocks rebounded weakly on Tuesday. After the Dow opened 24 points higher, it rebounded ...

The offshore RMB rebounded against the U.S. dollar for a time, driving the Hang Seng Index to rise by more than 100 points. The market continued to wait and see the company's performance. The market lacked momentum, and the full-day volatility was only 171 points. The Hang Seng Index opened 32 points higher at 16,531 and then showed mixed performance. It rose 113 points near noon, reaching a high of 16,612, and rose 79 points in half a day. In the afternoon, dragged down by the decline in A-shares, the Hang Seng Index fell 58 points to a low of 16,441; it closed down 25 points, or 0.16%, to 16,473. The Hang Seng Index fell 389 points for two consecutive days. The technology index closed 18 points, or 0.54% lower, at 3,437 points. The main board turnover was 112.7 billion yuan, exceeding the 100 billion level for three consecutive trading days.  European stock markets developed individually, with British stocks falling 0.17%, French stocks unchanged, and German stocks rising 0.3%....

Hong Kong stocks resumed their weakness last Friday as the RMB exchange rate fell to a four-month low. The Hang Seng Index opened 117 points lower at 16,745 points and then expanded its decline. It once fell 521 points to 16,341 points. The decline narrowed in the afternoon, falling 363 points or 2.15% for the whole day to 16,499 points. It fell 221 points or 1.32% for the whole week. The technology index fell 127 points, or 3.54%, to 3,455 points, with main board turnover of HK$135.6 billion.  The Hang Seng Index fell below its 100-DMA (16,595). The short-term trend of Hong Kong stocks depends on whether the RMB can stop its decline. However, given that a weak RMB is beneficial to mainland exports, the short-term decline may not stop, or drag the Hang Seng Index below its 50-DMA (16,194). Last week, the Hang Seng Index fell below the short-term upward trend since late January. If it falls further below the 16,000-point mark, the short-term upward trend will be destroyed, and the m...

The Hang Seng Index opened 219 points higher and hit 16,762 points, which was the day's low. Later, the increase expanded to 430 points and hit a high of 16,973 points. However, it was always subject to the resistance of 17,000 points and rose 320 points or 1.93% to 16,863 points throughout the day. The technology index was at 3,582 points, up 31 points or 0.88%. Main board transaction volume was HK$118 billion.  The U.S. Federal Reserve kept interest rates unchanged, and the "dot plot" continued to predict an interest rate cut of 0.75% this year. U.S. stocks hit new highs, and Hong Kong stocks followed suit. It is expected that the Hang Seng Index will rise above the 17,000-point mark today. If the market transactions cooperate, there is a chance to further push the market higher in the short term and test the 18,000-point resistance. In the medium and long term, the Hang Seng Index fell for 52 weeks from 22,700 points on January 27 last year to a low of 14,794 points on...

The Hang Seng Index opened slightly higher by 29 points yesterday and reached 16,559 points. It fell 99 points in the early stage and retested the 16,400 point level. It then stopped falling and rebounded, rising by up to 124 points to the day's high of 16,654 points, and finally closed at 16,543 points. Up 13 points or 0.08%. The technology index closed at 3,551 points, up 22 points or 0.7%. The market's full-day turnover fell to HK$85.3 billion.  Because the previous inflation data in the United States were higher than expected, if the Federal Reserve is determined to start cutting interest rates in June, inflation may have a chance to rebound. The Hong Kong stock market has entered its performance peak period, and investors are also waiting to see the results of listed companies. The trend in the past month can be described as "volatile but not rising." The market is expected to maintain an ups and downs pattern. The short-term support for the Hang Seng Index is at...

The Hang Seng Index opened 109 points lower yesterday and fell as much as 245 points as low as 16,492 points. However, there was support at the low level. The decline once shrank to 54 points. It finally closed down 207 points at 16,529 points, falling below the 10-DMA (16,673) and the 20-DMA (16,626) and 100-DMA (16,610). The technology index was at 3,528 points, down 65 points or 1.82%. The market turnover has shrunk to less than HK$ 100 billion  for two consecutive days, with only HK$90.6 billion  yesterday.  The market is still paying attention to the mainland's economic conditions and measures to boost the economy. Even if Japan's interest rate hikes cause capital to flow out of relevant markets, the impact on Hong Kong stocks will be limited. The Hang Seng Index has some defensive power at the 50-DMA (16,166) in the short term, and the upward resistance is at the 10-DMA. If it rises above, it is expected to turn around. Wednesday is the settlement day for Hong Kong ...

The Hang Seng Index opened 30 points lower at 16,690 points and maintained a narrow range. The whole-day fluctuation was only 160 points. It rose slightly by 16 points or 0.09% to close at 16,737 points, ending three consecutive trading days of decline; the technology index closed at 3,594 points. , up 44 points or 1.25%. Main board turnover was HK$95.7 billion.  The mainland's fixed asset investment, industrial production, and retail sales data from January to February this year were all better than expected, reflecting rising economic activity. The mainland stock market is also gradually improving, which will have a positive impact on Hong Kong stocks. In addition, the results of the U.S. Federal Reserve and Bank of Japan's interest rate discussions will also be released this week. Currently, there are signs of recovery in Hong Kong stock capital inflows, but the market still needs time to wait and see the outcome of the interest rate discussions. The initial supp...

The February PPI and CPI inflation data released one after another in the United States were both higher than expected. Market expectations for an early interest rate cut cooled, and U.S. stocks closed lower overnight. After Hong Kong stocks fell below 17,000, they continued to search for the bottom. After the Hang Seng Index opened 203 points lower, dragged down by heavyweight technology and Internet stocks, the decline expanded, with a maximum loss of 411 points to 16,550 points. It finally closed at 16,720 points for the whole day, although it fell 240 points or 1.4%, falling for three consecutive days. The HS Technology index underperformed the market and closed at 3,549 points, down 53 points or 1.5%. Market turnover increased to HK$139 billion , maintaining the level of 100 billion .  For the week, the Hang Seng Index rose by 367 points, ending its two-week losing streak; the Technology Index rose by 164 points.  The Hang Seng Index closed maintained its 100-DMA (16,620)...

The Hang Seng Index opened 38 points or 0.22% higher in the morning on Thursday (13th) at 17,120 points. However, it rose first and then fell, falling below the 17,000 level. It fell 97 points or 0.57% in the half-day to 16,984 points, and fell 120 points or 0.7% in the whole day, closing at 16,961 points; the technology index opened 12 points or 0.34% higher at 3,668 points, fell 43 points or 1.19% in half a day to 3,612 points, and finally closed at 3,603 points, down 52 points or 1.43%. The main board transaction volume was HK$1,131.  The sentiment in Hong Kong stocks has picked up significantly recently. The U.S. inflation data last month was higher than expected. However, the market still hopes that the Federal Reserve will start to cut interest rates in the middle of the year, which will benefit the performance of the stock market. In addition, although the mainland has not launched further economic stimulus policies, the stock market valuations of China and Hong Kong are sti...

The Hang Seng Index opened slightly lower by 34 points on the morning of Wednesday (13th) to 17,059 points. After that, it rose 15 points repeatedly to 17,108 points. After 1:30 in the afternoon, the volatility expanded. It once rose 121 points to 17,214 points, another record high in nearly 3 and a half months. It was as high as this year's high, but later affected by the weakness of A-shares, the market turned around and fell back, finally closing at 17,082 points, down 11 points or 0.06%; the technology index outperformed, rising 12 points or 0.34%, to close at 3,656 points. Main board transaction volume was HK$120.4 billion.  U.S. inflation figures for February were higher than expected, but U.S. stocks rose overnight and Hong Kong stocks continued their gains on Wednesday. However, the market's short-term rise has been too sharp, and it may need to consolidate before it reaches the 17,000 level. The Hang Seng Index has risen to more than 2,000 points from the low of 14,794...

The Hang Seng Index opened 114 points higher at 16,701 points and then gradually expanded its gains. It once rose 567 points to 17,154 points in the afternoon, and closed at 17,093 points for the whole day, up 505 points or 3.05%, rising for three consecutive trading days; the technology index closed at 3,643 points, up 161 points or 4.64%. Main board turnover increased to HK$149.9 billion, the most since September last year.  The technical trend of Hong Kong stocks has improved since March. The Hang Seng Index first fell and then rose. It closed slightly above the 17,000 point mark yesterday. Although it was blocked by the 150-DMA (17,146), it stood on all moving averages such as 10, 20, 50 and 100 days above, the market outlook may not be too bleak. In fact, the Hang Seng Index fell for 52 weeks from 22,700 points on January 27 last year to a low of 14,794 points on January 22 this year, a drop of 7,906 points. If it rebounds from the drop of fibo 0.328, the target is 17,387 poin...

Hong Kong stocks failed to stabilize at 16,500 points last Friday (8th) and closed upstairs. However, the Hang Seng Index opened at 16,416 points on Monday (11th), up 62 points or 0.38%, and closed at 16,587 points for the whole day, up 234 points or 1.43%. The Hang Seng Technology Index closed at 3,482 points, up 96 points or 2.85%. The main board transaction volume exceeded HK$92.9 billion.  The three major U.S. stock indexes all fell last Friday. Japanese stocks also fell by more than 2% on Monday, and the global investment sentiment deteriorated. However, the mainland ended four consecutive months of deflation, which boosted the performance of retail-related stocks and also supported the Hong Kong stock market to maintain its upward trend after opening higher. The market will remain positive for the rest of March. If there are surprises in corporate performance, it is expected to drive stock prices back up from lows and support the market's performance. The short-term resistan...

U.S. stocks did well the last night, with the Hang Seng Index opening slightly higher on Friday. The Hang Seng Index subsequently expanded its gains, rising by  more than 200 points, once reaching 16,489 points, and closed at 16,353 points for the whole day, up 123 points or 0.76%. The Hang Seng Technology Index rose 26 points, or 0.78%, to close at 3,385 points. The market transaction volume was HK$86.7 billion.   For the whole week, the Hang Seng Index fell by 1.4% and fell for two consecutive weeks; the Stock Index fell by 2.9%.  HSI fell last week but maintained its 50-DMA (16,158) and the short-term upward trajectory, and has not yet destroyed the monthly upward trend. If it can break through the 100-DMA(16,658) in the market outlook, it is expected to test the top of the descending channel (17,400). On the contrary, if it falls below the 50-DMA and rises in the short term, the Hang Seng Index may test the 15,200-15,000 point area. The market is still filled wit...

Hong Kong stocks opened slightly lower by 20 points yesterday morning, and the decline intensified in the afternoon. The Hang Seng Index closed at 16,229 points, down 208 points, or 1.27%; the Technology Index fell 53 points, or 1.56%, to 3,359 points. Market turnover shrank to HK$98 billion.  The recent performance of Hong Kong stocks has been inconsistent, and it has never been able to get rid of the range-bound pattern. External stock markets continue to be strong, but have little stimulating effect on Hong Kong stocks. If the Hang Seng Index falls below the March 5 low of 16,095 points, the February 5 low of 15,336 points will be tested. The current rebound resistance is at 10-DMA(16,472). If the market can rise above it, it will first challenge the 100-DMA (16,657). The Mainland People's Bank of China has repeatedly emphasized that there is still room for lowering required reserve ratios, sending a positive signal to the market, but it has not launched many new policies for th...

Hong Kong stocks rebounded significantly. The Hang Seng Index opened slightly higher by 4 points. It climbed more than 380 points in the morning and then retreated. It closed up 275 points or 1.7% at 16,438 points. The technology index outperformed, rising by 88 points or 2.67% at 3,412 points throughout the day. The market's turnover for the whole day was HK$102.4 billion, marking the seventh consecutive day with turnover exceeding HK$100 billion.  The Hang Seng Index rebounded from a low of 14,800 points at the end of January to about 16,800 points at the end of last month, with a cumulative increase of more than 2,000 points. Coupled with the lack of optimism in the economic prospects of China and Hong Kong, adjustments are bound to occur. It is expected that the Hang Seng Index will have the opportunity to test the support of the 10-DMA (15,573) near the bottom of the Bollinger Band in the short term. This range is also the distribution map of bull and bear commodities, where t...

China has announced that its economic growth target for 2024 will be 5%, which is already expected by the market. However, there are doubts in the market whether it can achieve the target, especially as the mainland property market shows no signs of improvement. It is worth noting that this year China’s military expenditure increased by 7.2% year-on-year, with actual military expenditure increasing by more than 100 billion RMB; the deficit rate was 3%, the same as last year; it also announced plans to issue 1 trillion RMB of special government bonds this year.  China has set the tone for this year's economic growth, and Hong Kong stocks were under significant pressure throughout the day. The Hang Seng Index opened 252 points or 1.52% lower. The decline turned sharp in the afternoon and once fell 500 points or 3% to a low of 16,095 points. It closed at 16,162 points for the whole day, down 433 points or 2.61%. The Hang Seng Technology Index fell 150 points or 4.34% throughout the da...

Hong Kong stocks remained at the 10-DMA (16,588) throughout the day. After opening 40 points higher, the Hang Seng Index once fell 115 points to 16,473 points. It rose 6 points throughout the day to 16,595 points. The technology index fell 13 points, or 0.38%, to 3,474 points. Market turnover reached HK$106.8 billion.  The external market continues to be strong, with the U.S. S&P 500 and Nasdaq Composite Index closing at record highs last week. However, before there is a definite timetable for interest rate cuts, it is believed that the stimulation effect on Hong Kong stocks will be limited. As for the mainland stock market, which has clearly strengthened after the Lunar New Year, the Shanghai Composite Index has returned to above 3,000 points. Although the Hong Kong stock market has followed suit, it has rebounded, but there is obvious resistance near the 100-DMA (16,719). It is expected that it will need to consolidate first before it is expected to break through....

Hong Kong stocks fell first and then recovered on the first trading day in March. After opening 120 points lower at 16,390 points, the Hang Seng Index fell 190 points to a low of 16,321 points. Later, it received buying support to reverse the decline and rose 78 points or 0.47% to 16,589 points for the whole day. The Technology Index closed at 3,488 points for the whole day, rising  56 points or 1.66%, and the main board turnover was HK$121.8 billion.  The Hang Seng Index rose by more than a thousand points in February. The 20-DMA (16,202) has just risen above the 50-DMA (16,177), sending a positive golden cross signal. If it rises above the 100-DMA (16,728) in the future, it is expected to test the top of the Hang Seng Index's downward channel ( 17,600), but investors believe that the market may not have a major breakthrough in March. If there is an adjustment in the short term, the 50-DMA is expected to have greater support.  The market is paying attention to the two se...