Investment

Hong Kong stocks came under pressure on the futures settlement day. After the Hang Seng Index opened 143 points lower at 17,946 points, the decline once extended to 412 points, reaching a low of 17,677 points. It fell 373 points or 2.06% for the whole day to 17,716 points, falling back to a two-month low. ; The technology index fell 100 points, or 2.73%, to 3,588 points. Main board transaction volume was HK$104.2 billion.  The mainland stock market has weakened significantly recently. The market is paying attention to the mainland's economic recovery prospects and policy news. Until the consumer market shows no improvement, investors are more cautious. The external market continues to adjust, and Hong Kong stocks are not immune. The Hang Seng Index may test the 250-DMA (17,544). Whether it can return to the 50-DMA(18,152) next week depends on the direction of the Federal Reserve's interest rate. If the United States announces later The inflation data is higher than expected, wh...

Hong Kong stocks were mixed on the eve of the futures settlement date. The Hang Seng Index opened 138 points lower at 17,934 points, which was the day's low. It then rose as much as 83 points to 18,156 points, rising 17 points or 0.09% for the day to 18,089 points. The Technology Index rose 34 points or 0.93% to 3,689 points. Main board turnover was HK$95.1 billion.  The RMB exchange rate continued to weaken, and the Shanghai Composite Index also fell below the 3,000-point mark, dragging down the trend of Hong Kong stocks. However, the valuation of the Hang Seng Index is still attractive, and the market's downside potential is limited. In the short term, it is expected to continue to struggle around the 18,000 mark. In fact, the Hang Seng Index mainly fluctuated between 17,800 and 18,800 points throughout June. It is believed that it will be difficult to break through before the end of half a year. If the Mainland introduces more economic stimulus measures at the Third Plenary ...

After the Hang Seng Index opened 60 points higher at 18,088 points, the increase once expanded to 203 points, reaching a high of 18,231 points. It once turned from rising to falling in the afternoon, and closed up 45 points or 0.25% for the whole day at 18,072 points, ending its three consecutive declines; Technology Index It fell 22 points or 0.6% to 3,655 points. Main board transaction volume was HK$93.7 billion.  The market is looking forward to the Third Plenary Session of the Mainland Central Committee next month, which will clearly adjust economic policies, and the market has a strong wait-and-see atmosphere. On the other hand, mainland economic data last month were mixed, and A-shares were also weak before the half-year end. Hong Kong stocks are expected to have difficulty making breakthroughs in the short term, and the Hang Seng Index remains within a narrow range of 17,800 to 18,600 points. In terms of sectors, high-interest-rate medium and special valuation concept stocks...

After the Hong Kong stock market opened 122 points or 0.68% lower, its performance was repeatedly weak. It once fell more than 200 points during the session, and then rose at the end of the session, regaining the lost level of 10,000 points. The Hang Seng Index once fell to 17,789 points, and ended the day down less than 1 point, closing at 18,027 points; the Technology Index fell 23 points, or 0.65%, to 3,677 points. The main market transaction volume exceeded HKD$96.4 billion.  This week refers to the settlement day and half-year end. With the window dressing effect, coupled with the market's expectation of "gifts" to the mainland on July 1st and the Third Plenary Session of the Central Committee of the Communist Party of China next month, the trend of Hong Kong stocks is expected to improve in the mid-to-late period. In terms of trend, the Hang Seng Index has good short-term support from 17,600 points to 17,800 points, while the upper resistance is at 18,500 points. Th...

After the Hang Seng Index opened 136 points lower at 18,199 points, the decline once expanded to 366 points, reaching a low of 17,968 points. It fell 306 points or 1.67% for the whole day to 18,028 points. It rose 86 points or 0.48% for the whole week; the technology index fell 66 points. or 1.76%, at 3,701 points. Main board turnover was HK$129 billion.  The US dollar trend was stronger and the RMB exchange rate weakened, which was unfavorable for the Chinese and Hong Kong stock markets. In addition, mainland property sales have not improved significantly, and the market is worried about the mainland's economic recovery, which has also dragged down the market performance. However, individual stocks with high interest rates and high earnings visibility still support the market, and the room for decline in the market outlook is limited. The Hang Seng Index is expected to fluctuate between 17,800 and 18,500 points in the short term, but it will be difficult to regain 19,000 points....

Affected by the weakening of the RMB exchange rate, Hong Kong stocks first rose and then fell. After opening 23 points higher at 18,453 points, the Hang Seng Index once rose 89 points to 18,520 points. It then repeatedly weakened and fell 156 points to 18,274 points. It fell 95 points or 0.51% to 18,335 points for the whole day; the technology index fell 64 points. or 1.68%, at 3,767 points. Main board transaction volume was HK$103.5 billion.  The Hang Seng Index fell below the 20-DMA (18,341). Hong Kong stocks have been trading at 18,000 points recently. KGI Asia issued a market outlook yesterday, predicting that the Hang Seng Index will target 20,900 points in the second half of this year, corresponding to a forecast price-to-earnings ratio of 10.22 times. The "National Team" Guoxin Investment has taken action to subscribe to the Hong Kong Stock Connect Central Enterprise Dividend ETF, which is believed to attract more funds to flow into Hong Kong stocks, and the valuation ...

The "national team" entered the market, and Hong Kong stocks recovered after three consecutive losses. The Hang Seng Index opened 140 points higher at 18,056 points and then maintained its upward trend. It rose 533 points to 18,448 points, and rose 514 points or 2.87% for the whole day to 18,430 points. The Technology Index rose 135 points or 3.65% to 3,832 points. Main board transaction volume was HK$112.7 billion.  The Hang Seng Index broke through the 20-DMA (18,384) yesterday and is expected to continue to fluctuate around the 50-DMA (18,008) in the short term. The China Securities Regulatory Commission announced at the Lujiazui Forum that it will launch the "Eight Rules for the Science and Technology Innovation Board", which means that the reform of the Science and Technology Innovation Board will start again. The market is expecting more good news to be released to benefit the stock market. It is believed that Hong Kong stocks have the opportunity to resume th...

The Hong Kong Stock Exchange will continue to suspend trading during severe weather conditions from September 23. After opening 25 points higher at 17,961 points, the Hang Seng Index once rose 107 points to 18,043 points. However, it encountered resistance at the high level again and fell 20 points or 0.11% for the whole day to 17,915 points, falling for three days in a row; the Technology Index fell 12 points or 0.32%. , reported 3,697 points. Main board turnover was HK$92.3 billion.  The market turnover once again dropped to below HK$100 billion , reflecting that both foreign capital and Beishui are showing signs of flowing out of the Hong Kong stock market. It is believed that the volatility of the Hang Seng Index will become increasingly narrow. In terms of trend, the Hang Seng Index has good support at the 250-DMA (17,589), while the upper resistance is at the 20-DMA (18,423). The short-term outlook is mainly within this range. The market outlook will depend on whether more ma...

After the Mainland released heavy economic data, Hong Kong stocks showed a mixed pattern, with little change at the close. After the Hang Seng Index opened 92 points lower at 17,848 points, it once fell 188 points to a low of 17,752 points. Later, it found support and rose 181 points to 18,122 points. However, selling pressure at the high level gradually increased, and finally closed down 5 points or 0.03 points for the whole day. %, reported at 17,936 points; the technology index rose 1 point, or 0.04%, reported at 3,709 points. Main board turnover was HK$96.3 billion.  The latest economic data released by the mainland are mixed, and the market is concerned about whether the mainland will continue to introduce measures to stimulate the economy and support Hong Kong stocks. In terms of trend, the Hang Seng Index stocks have suffered a lot of short-term losses, and the 250-DMA (17,594) is supported below. To confirm that the adjustment is completed, it must break above 18,800 points...

After the Hang Seng Index opened 84 points lower at 18,028 points, the decline once expanded to 185 points, reaching a low of 17,927 points. It closed down 170 points, or 0.94%, at 17,941 points, falling below the 18,000 mark; for the whole week, it fell 425 points, or 2.31 %; the technology index fell 31 points, or 0.84%, to 3,707 points. Main board transaction volume was HK$116.2 billion.  For a week, the Hang Seng Index fell by 425 points;  and the Tech Index fell by 64 points.  The Hang Seng Index rose to 19,706 last month and was blocked. It also started to adjust due to overbought, and fell below the 18,000 mark, creating greater adjustment pressure. The external environment is doing well, and the market has warmed up to the United States entering an interest rate cut cycle in the future, but it has not been able to help Hong Kong stocks. This is because Hong Kong stocks have always been more affected by the performance of the mainland economy, and the inflation and...

The U.S. Federal Reserve kept interest rates unchanged, and the Hang Seng Index opened 166 points higher at 18,104 points. It later rose 235 points to 18,173 points. It rose 174 points or 0.97% to 18,112 points throughout the day, ending three consecutive losses; the technology index rose 47 points. points or 1.29%, reported at 3,739 points. Main board transaction volume was HK$107.3 billion.  After the U.S. Federal Reserve discussed interest rates, it announced that it would keep interest rates unchanged and is expected to cut interest rates only once this year. The market is currently confident that interest rates will be cut in November, which is good for the stock market. The U.S. 10-year bond interest rate has also dropped to 4.3%, which is believedent d to be helpful to Hong Kong stocks. However, expectations of interest rate cuts alone cannot drive Hong Kong stocks. . He said that Hong Kong stocks currently have support at 17,500 points, and the market outlook still needs to...

After opening 143 points lower at 18,032 points, the Hang Seng Index once fell 327 points to 17,848 points, and closed down 238 points, or 1.31%, at 17,937 points; the Technology Index fell 64 points, or 1.7%, to 3,691 points. Main board transaction volume was HK$115.1 billion.  The latest economic data released by the Mainland is not far behind expectations and is expected to have limited impact on market conditions. However, it is worth noting that the latest CBBC street commodity distribution map shows that the current CBBC street commodity heavy cargo area is in the range of 17,600 to 17,999 points. Therefore, it is expected that large investors will push the index downward to slaughter cattle. There is a high chance that the Hang Seng Index will test the 250-DMA (17,609). Investors should not rush to buy.  European stock markets rose across the board, with British, French and German stocks rising by 0.83%, 0.97% and 1.42% respectively.  Before the outcome of the U.S....

The RMB weakened, and Hong Kong stocks were softer when they resumed trading after the holidays. After opening 203 points lower at 18,163 points, the Hang Seng Index once extended its decline to 372 points, reaching a low of 17,994 points. It fell 190 points, or 1.03%, to 18,176 points throughout the day; the Technology Index fell 17 points, or 0.45%, to 3,755 points. Main board transaction volume was HK$139.8 billion.  The Hong Kong stock market has previously confirmed that it has bottomed out. The pullback after this rebound may be a buying opportunity. It is expected that the Hang Seng Index will have good support at the 250-DMA (17,614), and it will gradually accumulate heavyweight stocks or technology stocks, and there may be some gains before the end of the year.  European stock markets fell across the board, with British, French and German stocks falling 0.98%, 1.33% and 0.68% respectively.  As the U.S. Federal Reserve holds an interest rate meeting, worries about...

The Hang Seng Index opened 85 points higher at 18,562 points and then fell back repeatedly. It once fell 174 points to 18,302 points. It fell 109 points or 0.59% for the whole day to 18,366 points. It still rose 287 points or 1.58% for the whole week; the technology index fell 68 points. or 1.77%, at 3,772 points. The changes to the constituent stocks of the Hang Seng Index during the quarterly review took effect after the market closed, and the main board turnover was HK$133.1 billion.  It is expected that Hong Kong stocks will continue to be bullish. Although the market is looking forward to the introduction of more supportive economic measures in the mainland, and many stocks have experienced a round of rising waves, their valuations have reached a reasonable level. It will be difficult for the market to rise again. The Hang Seng Index is expected to trade between 18,000 and 18,900 points. .  The rise of far-right political parties in Europe may threaten the economy and gov...

After the Hang Seng Index opened 152 points higher at 18,577 points, the increase once expanded to 275 points, touching the 18,700 point mark. However, it was still cold at the high point. It once turned down 41 points in the afternoon, reaching a low of 18,383 points. It closed up 51 points or 0.28% for the whole day. reported 18,476 points; the technology index rose 32 points, or 0.86%, to 3,840 points. Main board transaction volume was HK$114.5 billion.  The latest economic data in the United States were mixed, with market expectations for the Federal Reserve to cut interest rates rising, the 10-year bond interest rate falling, and the Nasdaq and S&P 500 index both reaching their peaks overnight. If the external market does well, it will help Hong Kong stocks to a certain extent. In addition, the market also expects that the mainland may implement additional measures to stimulate the economy, especially real estate and consumption-related policies. After the market consolida...

After the Hang Seng Index opened 45 points higher at 18,489 points, the increase once expanded to 280 points, reaching a high of 18,724 points. Later, it encountered resistance at the high level and turned from rising to falling. It fell 19 points or 0.1% for the whole day to 18,424 points, ending the two-day rising trend.  The technology index rose 11 points, or 0.3%, to 3,807 points. Main board transaction volume was HK$115.6 billion.  Yesterday, the Hang Seng Index rose to close to the top of the fluctuation range of 18,700 points, and investors took profits from selling. The Hang Seng Index fell back from a high of 19,706 points last month and rebounded after hitting a low of 18,077 points. It is expected that the Hang Seng Index will continue to rise and fall in the range near the central axis of the Bollinger Channel and the 20-DMA (18,809). If the market value of the Hong Kong stock market is calculated based on a price-to-earnings ratio of 9 times, the current value ta...

The Hang Seng Index opened 67 points lower at 18,335 points and reached a day low. It then generally maintained an upward trend, rising by up to 137 points to 18,541 points. It closed up 41 points or 0.22% at 18,444 points; the technology index rose 12 points or 0.32%. It was quoted at 3,796 points. Main board transaction volume was HK$116.2 billion.  It is expected that the Hong Kong stock market will continue to fluctuate throughout June and will still fluctuate between 18,000 and 18,800 points at this stage. However, the rebound will not be sustainable and will not be large. There will be great resistance to 19,300 points further.  European stock markets were under pressure across the board, with British, French and German shares falling 0.37%, 0.75% and 1.09% respectively.  A sharp drop in job vacancies in the United States led to a fall in bond interest rates, and U.S. stocks stabilized repeatedly on Tuesday. After the Dow opened 52 points lower, the decline extended...

Hong Kong stocks performed well on the first trading day in June. After opening 203 points higher at 18,283 points, the Hang Seng Index once expanded to 494 points, reaching a high of 18,573 points. It closed up 323 points, or 1.78%, at 18,403 points, ending four consecutive losses; the technology index rose 93 points, or 2.52%, to 3,784 points. point. Main board transaction volume was HK$132.3 billion.  China launched a number of measures last month to support the property market, retail and even the stock market. Some sectors rose sharply, driving the Hang Seng Index to a high of 19,706 points in May. However, the effect of relevant policies on the real economy remains to be seen. Hong Kong stocks have also fallen from their highs and are expected to range between 18,000 and 18,800 points in the short term. The short-term resistance above the rebound is 19,300 points. Hong Kong stocks are expected to remain volatile throughout June. The Hang Seng Index rose from 16,044 points in ...

After opening 179 points higher at 18,409 points last Friday, the Hang Seng Index once rose 320 points to 18,551 points. However, it then fell repeatedly and turned negative. It closed down 150 points or 0.82% for the whole day at 18,079 points, falling for the fourth consecutive trading day. . The technology index fell 62 points, or 1.65%, to 3,690 points. Main board transaction volume was HK$191.7 billion.  The increase in bill payment for the whole month was only 316 points or 1.78%, which almost completely evaporated the increase in the first half of May. However, it finally rose for 4 consecutive months, with a total revenue of 2,594 points or 16.75%. The Hang Seng Index rose to the recent high of 19,706 and was unable to advance further. It fell below the 18,500 mark with a large black candlestick. The short-term trend has weakened, but the 50-DMA (17,629) is expected to be supportive. The Hang Seng Index rose from 16,044 to 19,706, accumulating 3,662 points. Last week, the f...