Investment

On the futures settlement day, Hong Kong stocks continued their upward trend last week. After the Hang Seng Index opened 86 points higher at 17,737 points, the increase once expanded to 380 points, reaching a high of 18,031 points, once again setting a new high for the new year. The upward trend resumed in the afternoon, rising 95 points or 0.54% to 17,746 points, rising for 6 consecutive transactions. On the day, the technology index underperformed, falling 4 points or 0.13% to 3,713 points. Main board transaction volume reached HK$163.4 billion.  Since the cumulative gains have been large, there will inevitably be some pressure to take the short-term, but as the technical indicators are still improving, if the Hang Seng Index can hold firmly at 17,200 points, the market outlook will still be upward.  Based on the Hang Seng Index's low of 14,794 points this year, the market once rose by more than 20%. It was also the first time since August last year that it regained the 250-...

The Hang Seng Index opened 51 points higher at 17,336 points, already the day's low. In the afternoon, the gain expanded to 473 points, reaching a high of 17,758 points, setting a new high for the year. It closed up 366 points, or 2.12%, at 17,651 points, rising for five consecutive trading days. It rose 1,427 points or 8.79%; the technology index rose 163 points or 4.61% to 3,718 points. Main board turnover increased significantly to HK$157.2 billion.  The mainland has launched a number of rescue measures earlier, and the economic growth in the first quarter was better than expected, which triggered many major banks to turn optimistic about the Chinese economy and became a catalyst for the rise of the stock market. The China Securities Regulatory Commission recently announced five major measures to support Hong Kong's capital market, which also benefits the market sentiment in the short term. Although there has been a lot of gains last week, there will inevitably be pressure t...

After opening 57 points lower at 17,144 points, the Hang Seng Index tested the 17,100 point level and was accepted. It once rose 237 points to 17,438 points. It rose 83 points or 0.48% for the whole day to 17,284 points. It rose for 4 consecutive days and accumulated a total increase of 1,060 points. , and hit another high this year; the technology index underperformed, falling 19 points or 0.54% to 3,554 points. Main board transaction volume was HK$119.9 billion.  Although the Hang Seng Index has failed to stabilize after rising above the 17,000 mark several times this year, the current valuation of Hong Kong stocks is attractive, and many companies have repurchased and increased dividends. Recently, many major banks have also praised Hong Kong stocks. With the potential return of funds, the Hong Kong stock market has strengthened at the bottom, and the rise is expected to be sustainable. In addition, on the index settlement day next week, large investors will actively transfer po...

The Hang Seng Index opened 164 points higher at 16,993 points and continued its upward trend. The increase expanded to 388 points to 17,217 points in the afternoon. It rose 372 points or 2.21% for the whole day to 17,201 points. It rose for 3 consecutive trading days and hit a closing high this year; Technology The index rose 124 points or 3.61% to 3,573 points. Main board transaction volume was HK$129.5 billion.  Geopolitical tensions have cooled down, and the mainland has repeatedly taken measures to support the development of the capital markets in China and Hong Kong. The market sentiment has improved significantly. In addition, many institutional investors have recently increased their holdings of Hong Kong stocks, and investment banks' views on the prospects of Hong Kong stocks have also improved. However, the valuation of Hong Kong stocks is still lagging behind, which is expected to attract renewed capital inflows. It is believed that there is still room for a rebound in th...

A major bank upgraded the rating of Hong Kong stocks to overweight. The Hang Seng Index opened 167 points higher at 16,679 points. In the afternoon, the increase once expanded to 334 points, reaching a high of 16,846 points. It rose 317 points or 1.92% to 16,828 points throughout the day; the technology index rose 112 points. or 3.37%, at 3,449 points. Main board transaction volume increased to HK$116 billion.  The Hang Seng Index broke through the 100-DMA (16,811) yesterday and may test the 17,000-point resistance in the short term. If it can hold on to the 100-DMA (16,417) in the face of adjustments, it can look towards the 250-DMA (17,754) level. The market outlook for Hong Kong stocks will mainly depend on the economic situation in China and Hong Kong. The Hang Seng Index is expected to maintain a range of 16,417 points to 17,754 points.  European stock markets remained stable, with British, French and German stock markets rising by 0.26%, 0.81% and 1.55% respectively. ...

China Securities Regulatory Commission recommends 5 measures to strengthen cooperation with Hong Kong. The measures include: 1. Relaxing the scope of eligible products for stock exchange-traded funds (ETFs) under the Shanghai-Shenzhen-Hong Kong Stock Connect; 2. Including real estate investment trust funds (REITs) into the Shanghai-Shenzhen-Hong Kong Stock Connect; 3. Support the inclusion of RMB stock trading counters in Southbound Hong Kong; 4. Optimize mutual fund recognition arrangements; 5. Support leading mainland companies in the industry to list in Hong Kong.  The news seems to have stimulated the Hong Kong stock market to perform well. After the Hang Seng Index opened 186 points higher at 16,410 points, the increase once expanded to 413 points, reaching a high of 16,637 points. It rose 287 points or 1.77% to 16,511 points for the whole day; the Technology Index rose 58 points or 1.77% to 3,336 points. Main board transaction volume was HK$104.9 billion.  The Hang Seng ...

As the Israel-Iraq conflict heated up, the Hang Seng Index opened 139 points lower at 16,246 points and then the selling pressure intensified. It once fell 341 points to a low of 16,044 points. The decline narrowed in the afternoon and closed down 161 points or 0.98% at 16,224 points. It fell for the whole week. 497 points or 2.97%; the technology index fell 78 points or 2.34% to 3,278 points. Main board transaction volume was HK$106.1 billion.  The market is still troubled by geopolitical risks in the Middle East and expectations of postponement of interest rate cuts in the United States. The trend of repeated short-term adjustments has not changed. It remains to be seen whether the Hang Seng Index can hold on to the 16,000 mark. The Hang Seng Index fell below the 100-DMA (16,440) last week and fell below the central axis of the Bollinger Channel, destroying the upward trend since the first quarter. The market outlook is likely to test the bottom of the Channel (15,505), and even ...

The Hang Seng Index opened 1 point higher at 16,253 points, then slightly returned to the 16,200 point level before resuming its upward trend, reaching a high of 16,500 points, rising 134 points or 0.82% for the whole day to 16,385 points; the Technology Index rose 16 points or 0.49% , reported 3,356 points. Main board turnover was HK$95.2 billion.  The U.S. job market and inflation data continue to be strong, investors' expectations for an interest rate cut by the Federal Reserve have significantly cooled, and the 10-year bond interest rate has returned to 4%, which will inevitably have an impact on the stock market. However, the mainland stock market is rebounding, and the Hong Kong stock market seems to have found support at the 16,000 level after a round of adjustments. However, unless the direction of interest rates becomes clearer, it will be difficult to regain the 17,000 level. Recently, there are signs of funds changing horses from high-valued technology stocks. The atmosp...

The Hang Seng Index opened 23 points lower at 16,225 points and then fluctuated in a narrow range, with a range of 160 points throughout the day. It closed up 2 points, or 0.01%, at 16,251 points, ending four consecutive losses; the Technology Index rose 2 points, or 0.07%, to 3,340 points. Main board turnover was HK$99.1 billion. The performance of external stock markets has been volatile recently. The market is concerned about the escalating geopolitical situation in the Middle East. Coupled with the continued high oil prices and strong U.S. inflation and economic growth, investors are worried that the Federal Reserve may delay the interest rate cut schedule or even raise interest rates again, further dampening investment sentiment. On the other hand, the interest rate on the 10-year U.S. Treasury bond has risen again, which has also attracted capital flows into the bond market, making it more difficult for the stock market to perform well. The Hong Kong stock market has been restric...

The external stock market fell. The Hang Seng Index opened 232 points lower at 16,367 points and then continued its decline. It once fell 391 points to 16,208 points, and fell 351 points or 2.11% for the whole day to 16,248 points, falling for the fourth consecutive day; the technology index underperformed the major indexes. On the market, it fell 104 points or 3% to 3,337 points. Main board transaction volume increased to HK$114.5 billion.  With the lack of positive factors and the lack of obvious capital inflows into Hong Kong stocks, it is believed that the short-term upward momentum of the market is limited, and the current market capitalization rate is limited. The Hang Seng Index has the opportunity to test the support at about 16,000 points at the bottom of the horizontal range. If it falls below this level, then This means that the rising pattern has been destroyed again, and the index has the opportunity to test the 14,700-point level, but it is expected that there is litt...

The situation in the Middle East heated up. After the Hang Seng Index opened 234 points lower at 16,487 points, the decline once expanded to 256 points, reaching a low of 16,465 points. Later, the decline narrowed due to the rise of mainland A shares, closing down 121 points or 0.72%, at 16,600 points. points; the technology index fell 31 points, or 0.92%, to 3,442 points. Main board turnover was HK$95.1 billion.  The State Council issued the new "Nine National Regulations" last Friday (12th) to promote the development of the capital market towards high quality. Some market participants believe that the news is positive, such as regulatory reduction of holdings and promotion of dividend payments, which is particularly positive for Zhongte Estimates and can temporarily offset the impact of external tensions in the Middle East. The Hang Seng Index is expected to remain between 16,300 and 17,000 points for the time being.  European stock markets developed individually, with Brit...

The mainland's foreign trade performance last month was worse than market expectations, and Hong Kong stocks further bottomed out in late trading. The Hang Seng Index opened 116 points lower at 16,978 points and continued its decline. It closed at the day's low of 16,721 points, down 373 points or 2.18%, slightly down 2 points for the week; the Technology Index fell 63 points or 1.8% to 3,474 points. Main board transaction volume was HK$106.2 billion.  The market is worried that the mainland will fall into deflation again, and it still needs to wait and see whether the data will improve further. Therefore, although the recent technical trend of Hong Kong stocks has improved, it has still failed to rise above the important resistance of the last high of 17,214 points. After the performance period, the performance of stocks was polarized. Resource stocks, oil stocks and Chinese telecommunications stocks continued to remain strong. Technology and Internet stocks such as Meituan an...

The U.S. inflation data was higher than expected, and there is no hope of a short-term interest rate cut. Mainland inflation in March was lower than expected, and Hong Kong stocks ended their three consecutive rises. The Hang Seng Index opened 282 points or 1.65% lower to 16,856 points, already the day's low. It regained momentum in the afternoon and recovered most of its losses, falling 44 points or 0.26% to 17,095 points. The technology index fell 13 points or 0.38% throughout the day to 3,538 points. The main market transaction volume of the market was HK$98.7 billion , further shrinking to less than HK$.  At the close, the Hang Seng Index regained 17,000 points, and the 100-DMA (16,518) is expected to be a strong support. The short-term performance of Hong Kong stocks depends on whether mainland A-shares can improve. If the Hang Seng Index can break through the last high of 17,214 points and stabilize, the market outlook may become optimistic, or it may reach the 250-DMA  ...

The Hang Seng Index opened 97 points higher and hit 16,926 points, and then continued its upward trend. It rose as much as 362 points to a high of 17,190 points. It closed up 311 points or 1.84% at 17,139 points for the whole day, rising for the third consecutive day; the technology index rose by 73 points or 2.12 %, reported at 3,552 points. Main board transaction volume was HK$107.2 billion. 。 At the close, the Hang Seng Index broke through the resistance of 17,000 points, and the 100-DMA (16,531) is expected to have become a strong support level. The market is paying attention to important economic data such as inflation in China and the United States. The short-term performance of Hong Kong stocks depends on whether mainland A-shares can improve. If the Hang Seng Index can break through the last high of 17,214 points and stabilize, the market outlook is expected to be optimistic, and may reach the 250-DMA ( 17,894) level. Hong Kong stocks have performed better in recent days, mainl...

After the Hang Seng Index opened 86 points higher at 16,819 points, the increase once expanded to 274 points, reaching a high of 17,006 points. Later, the upward trend rebounded, rising 95 points or 0.56% to 16,828 points for the whole day; the technology index rose 33 points or 0.97%. It was quoted at 3,478 points. Main board transaction volume was HK$82.9 billion.  The rise in Hong Kong stocks is mainly due to the market's longing for the mainland's economic recovery. The mainland's inflation data has been improving recently. The mainland will release the Consumer Price Index (CPI) for March this Thursday. In addition, the mainland has approved another online game, which has made the atmosphere for new economy platform stocks somewhat uncertain. Get better. The short-term resistance level is the year's high of 17,200, and the support level is 16,200.  Investors awaited the U.S. inflation data to be released later this week, and U.S. stocks showed mixed results overnig...

Mainland A-shares resumed trading after the holiday, and Beishui returned. The Hang Seng Index opened 73 points lower at 16,650 points and then reversed its trend. It once fell 143 points to 16,580 points. Later, it was attracted by buying orders. It once rose 171 points and reached a high of 16,895 points. It closed up 8 points, or 0.05%, at 16,732 points throughout the day; the Technology Index fell 6 points, or 0.18%, at 3,444 points, with a main board turnover of HK$99.8 billion.  Hong Kong stocks have performed well recently and are expected to remain at 16,300 to 17,000 points in the short term. However, there is still hope for a breakthrough in April. Due to the low valuation of technology stocks, the People's Bank of China recently announced the launch of re-loans for technological innovation and technological transformation. If the news drives a rebound in the sector, it is expected to push up the market. If the Hang Seng Index can break through the resistance of 17,000 po...

The performance of the Hong Kong stock market after the holiday was mixed. After opening 62 points higher at 16,787 points, the Hang Seng Index once rose 114 points to 16,839 points. It then fell when it encountered resistance and fell 244 points to 16,480 points. It closed  at 16,723 point ,  rose 182 points or 1.1% for the whole week; the technology index fell 9 points, or 0.28%, to 3,450 points, and the main board turnover was HK$73.6 billion.  The global investment sentiment has deteriorated, but the impact on Hong Kong stocks is expected to be limited. Since funds have the opportunity to flow back, and the recently released economic data from the mainland have improved, Hong Kong stocks should not be too bearish in April. The Hang Seng Index has now stabilized above the 100-DMA (16,437). The short-term resistance is at 17,000 points. The ultimate target can be seen at the 250-DMA (17,932). The support level is at the 100-DMA.  Dragged down by the plunge in the t...

Hong Kong stocks fell overnight on Wednesday, and the market turned cautious on the eve of the Ching Ming Festival holiday. After Hong Kong stocks soared 390 points at the start of April, the Hang Seng Index gave up more than half of its gains, with turnover shrinking to less than HK$ 100 billion . The Hang Seng Index opened 4 points lower in the morning and closed at 16,926, which was already the day's high. Due to the lack of performance of technology stocks, the market fell. The decline further expanded in the afternoon, once falling below 16,700, falling as much as 242 points, reaching a low of 16,689, and closing at 16,725 points for the whole day, down 206 points or 1.2%; the technology index closed at 3,460, down 82 points or 2.3%. Trading volume in the market was quiet, with the full-day turnover shrinking to HK$99.7 billion, down more than 30% from the previous day.  For the Hong Kong stock market to maintain the trend of the Hang Seng Index hovering between 16,000 an...

Hong Kong stocks started well in the second quarter, but failed to stabilize at the 17,000 mark. The Hang Seng Index opened 270 points higher at 16,811 points and then expanded its gains. It once rose 465 points, reaching a high of 17,007 points. In the afternoon, the gain rebounded and closed up 390 points, or 2.35%, at 16,931 points. The Technology Index rose 65 points, or 1.88%, at 3,543 points, the main board turnover was HK$144.1 billion.  Since mid-February, the Hang Seng Index has mainly fluctuated between 16,000 and 17,000 points, and is expected to remain within this range in the short term. However, it has been some time since the mainland last cut interest rates and required reserve ratios, and China's economic momentum has not significantly strengthened. It is expected that further economic stimulus measures will be introduced in the second quarter, which will have a certain support for Hong Kong stocks. It is believed that the Hang Seng Index may rise above in the shor...

Hong Kong stocks were on the last trading day in March and before the Easter holiday. U.S. stocks rose overnight. Coupled with the stabilization of the yuan, Hong Kong stocks rebounded. The Hang Seng Index opened 14 points lower at 16,378. The decline slightly expanded to 46 points, reaching a low of 16,345. It then stopped falling and rebounded. Led by technology and Internet stocks, the market rose by up to 332 points in the afternoon, reaching a high of 16,725, but sold at high levels. The market rebounded, with the Hang Seng Index closing up 148 points or 0.9% at 16,541. The tech index rose 84 points, or 2.5%, to 3,477. The market's turnover for the whole day was HK$117.2 billion.  Market Summary The Hang Seng Index rose more than 100 points in the month, but fell 505 points or 3% in the first quarter, falling for the fourth consecutive quarter. The tech index performed worse than the Hang Seng Index, falling 7.6% in the whole quarter. During the period, North Water's net i...