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The mainland stock market rose significantly, and Hong Kong stocks did well on the last trading day of July, but failed to achieve a "July turnaround." The Hang Seng Index opened 67 points higher and stabilized at the 17,000 level. Later, the increase further expanded, once reaching the 17,400 level, rising 341 points or 2.01% for the whole day to 17,344 points; the Technology Index rose 102 points or 3.01% to 3,516 points. The market turnover exceeded HK$118.8 billion.  Yesterday's rebound in the Hang Seng Index was limited by the 250-DMA (17,416), which divides bulls and bears. It is expected that Hong Kong stocks will rebound and return to the bull-bear line today as HSBC does well. However, the Hang Seng Index has successively tested the 17,000 mark earlier, and there is still a chance that the market outlook will fall and test the 16,670 point support. It is expected to remain in the range of 17,416 to 16,670 in August, with no clear change of direction yet.  Europea...

Hong Kong stocks performed weakly on the futures settlement day. The Hang Seng Index opened 43 points or 0.26% lower and immediately started to fall. It once fell by more than 260 points and fell below the 17,000 level. It fell 235 points or 1.37% for the whole day to 17,002 points. The technology index fell by 52 points or 1.52% to 3,414 points. The market turnover was HK$90 billion.  There is no direction in the outside world. Hong Kong stocks continue to be weak. Friends are fighting and moving. The Hang Seng Index will test the 17,000 level in the short term and may even fall below it. It will test the support of 16,670.  European stock markets generally rose, with French and German stocks closing up 0.42% and 0.49%, while British stocks fell slightly by 0.22%.  The market is waiting to see the performance of U.S. companies and whether the Federal Reserve will hint at an interest rate cut in September. U.S. stocks developed individually on Tuesday. The Dow Jones Indus...

US stocks closed sharply higher last Friday (26th), and Hong Kong stocks did well on Monday (29th). The Hang Seng Index opened 175 points or 1.03% higher and then continued to rise. It maintained its upward trend in the afternoon and was last at 17,336 points, up 314 points or 1.85%. The Technology Index rose 60 points or 1.76% to 3,504 points. The market turnover was HK$53.6 billion.  Hong Kong stocks continued to be weak entering July, mainly due to the lack of good news in the market and signs of capital outflows. In terms of trend, the Hang Seng Index started to rise from the low of 14,794 points at the beginning of the year to the high of 19,706 points in May. If it takes back 0.5 fibo, it will be at 17,250 points, and if it takes back 0.618 fibo, it will be at 16,670 points. It is believed that the market will consolidate in this range in the short term. If the index can rise above the resistance of 17,250 points in anticipation of a U.S. interest rate cut in September, it wi...

The Hong Kong stock market was in a tailspin and was struggling at the 17,000 level in the afternoon. After opening 74 points higher, the Hang Seng Index rose as much as 224 points to an all-day high of 17,229 points. However, the upward trend was weak. It once fell 80 points and fell below 17,000 points. It closed at 17,021 points, up 16 points or 0.1%; the Technology Index It rose 22 points or 0.66% to 3,443 points. Market turnover reached HK$104.7 billion.  For the whole week, the Hang Seng Index fell 396 points or 2.28%, and the Technology Index fell 92 points or 2.62%.  Last week, the Hang Seng Index temporarily stood at 17,000. Once it is broken, it will not find greater support until the 16,000 to 16,100 area. In the short term, the daily chart shows a "pregnant Liujia" favorable rebound, but the 250-DMA (17,439) is expected to provide resistance. The external market is in shock, and the mainland economy has not shown improvement. Hong Kong stocks are expected to remai...

The Hang Seng Index opened 50 points lower and the decline intensified. It fell below the 17,000 point level in the afternoon and hit a low of 16,964 points. It fell 306 points or 1.77% for the whole day to 17,004 points. It fell for the third consecutive day and hit another three-month low; Technology The index fell 69 points, or 2%, to 3,421 points. Market turnover was HK$105.7 billion.  The external market is in shock, and Hong Kong stocks have the opportunity to continue to test lows. If the market closes today and fails to recover the 150-DMA (17,125), it will reach 17,000 points or even 16,800 points next week. In addition, the news that many mainland banks have lowered their deposit interest rates is slightly positive, which will help mainland banks maintain stable interest margins. Banks with more short-term demand deposits can benefit immediately.  European stock markets were generally under pressure, with French stocks closing 1.15% lower, German stocks falling 0.48%...

The Hang Seng Index opened 14 points lower and just landed on the 250-DMA (17,454) that separates bulls and bears. The decline once extended to 218 points, reaching a low of 17,251 points. It fell 158 points or 0.9% for the whole day to 17,311 points, falling to a nearly three-month low. The technology index fell 53 points, or 1.52%, to 3,491 points. Main board turnover was HK$86.8 billion.  If the Hang Seng Index not returns to the bull-bear line today and tomorrow, the market outlook will be very weak and fall below the 17,000 level. The RMB exchange rate is weak, and the mainland's economic recovery is not as fast as expected. The Chinese and Hong Kong stock markets have continued to decline recently. Although the People's Bank of China has made repeated moves in the hope of stabilizing economic growth, their stimulating effect on the stock market has been limited, and the market's trading volume has been muted, reflecting a conservative trend in capital and sending a be...

Mainland stock markets closed lower across the board, dragging down Hong Kong stocks to deepen their decline in late trading. The Hang Seng Index opened 43 points higher and then immediately turned negative. The decline expanded to more than 100 points in the afternoon and closed at 17,469 points, down 166 points or 0.94%. The Technology Index fell 65 points or 1.82% to 3,545 points. The market turnover was HK$85.8 billion, less than HK$100 billion for two consecutive days.  The interest rate cut by the People's Bank of China is modest and has limited stimulating effect on the stock market. The Hang Seng Index has found support at 17,000 points, but the rebound is not expected to be strong. There is a chance that the market will repeatedly test 17,000 points again in the future. It is advisable to adopt a defensive strategy.  Affected by Typhoon "Geme", Taiwan's stock and foreign exchange markets were suspended for one day today (Wednesday).  European stock markets de...

Hong Kong stocks fell first and then recovered. After opening 47 points higher at 17,465 points, the Hang Seng Index once fell 103 points to 17,313 points. It then resumed its upward trend and rose 275 points to 17,693 points. It closed up 218 points or 1.25% for the whole day. It reported 17,635 points, regaining the 250-DMA (17,469); the technology index rose 74 points or 2.09% to 3,610 points. Main board transaction volume was HK$93.4 billion.  U.S. President Biden's withdrawal from the election has greatly increased the chance of the Federal Reserve cutting interest rates in September. In addition, the People's Bank of China has unexpectedly cut interest rates and lowered the one-year and five-year loan prime rates (LPR) in July by 10 basis points each. The market is sending positive signals. However, the important mainland meeting concluded last week, and more details are still waiting for the market to interpret. It is believed that Hong Kong stocks will mainly consolidat...

The Hang Seng Index opened 174 points lower at 17,603. The decline was once reduced to 148 points, hitting 17,629 points. It then sold out throughout the day, falling as much as 402 points to a low of 17,376, hitting a three-month low since April 26 and falling below 250-DMA , the Bull-Bear Line (17,475) narrowed in the afternoon, but was restrained by the Bull-Bear Line. The Hang Seng Index finally closed at 17,417, down 360 points or 2%, the lowest closing price in the past three months since April 25; it fell all week. 875 points or 4.78%. The technology index fell 76 points, or 2.12%, to 3,536 points; it fell 6.5% for the whole week. Main board transaction volume was HK$102 billion.  The Hang Seng Index has begun to fall since its high of 18,317 points on July 12. It reached a low of 17,376 points last Friday, falling below the commonly used average moving lines of various groups, showing a pattern of repeatedly bottoming out, and may test the psychological mark of 17,000 point...

The Hang Seng Index opened 86 points lower at 17,653 points and then repeatedly did well. In the afternoon, it rose 124 points to 17,864 points. It closed up 39 points or 0.22% for the whole day at 17,778 points. The Technology Index fell 27 points or 0.76% to 3,613 points. Main board transaction volume was HK$87.5 billion.  The Hang Seng Index's 250-DMA (17,481), which divides bulls and bears, will be a short-term low. It has been able to hold steady after repeated downward tests. I believe investors may think that this level is cheap enough and make arrangements. It will continue to trade at 250-DMA and 50-DMA(18,308) for the time being.  Expectations of interest rate cuts will have limited effect on boosting Hong Kong stocks. We still need to pay attention to whether policies will be introduced at important mainland meetings to support the economy. If there is positive news, the Hang Seng Index may still have a chance to challenge the 19,000 level or even the 20,000 level b...

The Hang Seng Index opened 13 points higher at 17,741 points and then held within a narrow range. The high and low fluctuations were only 149 points. It rose 11 points or 0.06% for the whole day to 17,739 points. The Technology Index rose 18 points or 0.49% to 3,640 points. Main board transaction volume was HK$104.9 billion.  Mainland China's economic growth in the second quarter was lower than expected, and there is still no news on the economic stimulus policies that the market is looking forward to. In addition, many companies took advantage of the rebound in the stock market to issue bonds or issue shares to "extract water", which limited the market rebound. Since the Hang Seng Index has fallen below the 10-DMA (17,796), the support of the 100-DMA (17,552) is extremely critical. The market outlook has the opportunity to move downwards, and 17,000 points is the support below.  After Trump was assassinated, the market expected that his chances of being elected would gre...

The Hang Seng Index opened 170 points lower at 17,845 points and then the selling pressure continued. It closed at the lowest level of the day, falling 287 points or 1.59% to 17,727 points. The Technology Index fell 49 points or 1.35% to 3,622 points. Main board turnover was HK$94.2 billion.  Yesterday, the Hang Seng Index completely covered the rising gap last Friday (17,864 to 18,020), fell below the 20-DMA (17,915), and even fell below the 10-DMA (17,820). The support of the 100-DMA (17,536) is extremely critical, and there is an opportunity for further upward movement in the market outlook, 17,000 points is the support below. Although the Hang Seng Index once rose above the 18,000 level earlier, it later turned back and fell, and there was no matching transaction, indicating that this may be a false breakthrough.  If the Federal Reserve is expected to cut interest rates, the US exchange rate index may weaken, which will support the stabilization of the RMB exchange rate, w...

Mainland economic data was worse than market expectations. The Hang Seng Index opened 91 points lower at 18,201 points and then continued its decline. It once fell 346 points to 17,946 points, and fell 277 points or 1.51% for the whole day to 18,015 points; the technology index fell 109 points or 2.89%.  reported 3,672 points. Main board transaction volume was HK$91.1 billion.  The Hang Seng Index partially covered last Friday's upward gap yesterday (17,864 to 18,020), and the 20-DMA (17,925) is expected to provide support. If it can hold firm, there is still a chance for the market outlook to rise further. The initial resistance is at the 50-DMA (18,349). If it can break through, the previous high of 19,706 points can be seen.  Inflation in the United States fell further last month, and interest rate futures are expected to further increase the chance of the Federal Reserve cutting interest rates. The decline in the U.S. exchange rate has led to a rebound in the yuan. Ho...

The Hang Seng Index opened 187 points higher at 18,020 points and then maintained its upward trend. The increase once expanded to 484 points in the afternoon, reaching a high of 18,317 points. It rose 461 points or 2.58% for the whole day to 18,293 points. It rose 493 points or 2.77% for the whole week; the technology index It rose 85 points or 2.31% to 3,782 points. Main board transaction volume was HK$119.4 billion.  The Hang Seng Index surged to 19,706 points in May and then adjusted overbought. The trend was wave after wave. It rebounded late last week. This was mainly due to the market's expectation that the Federal Reserve would cut interest rates in September. The U.S. exchange rate index fell and the RMB rebounded. It is estimated that the Hang Seng Index can break through the resistance of the 50-DMA (18,344) this week, and the next upward target is the previous high of 19,706 points. If there is a short-term adjustment in the Hang Seng Index, last Friday's rising gap ...

After the Hang Seng Index opened 157 points higher at 17,629 points, the gain expanded to 392 points in the afternoon, reaching a high of 17,864 points. It rose 360 points or 2.06% to 17,832 points for the whole day, ending four consecutive losses; the technology index rose 96 points or 2.66% to 17,832 points. 3,696 points. Main board transaction volume was HK$100.3 billion.  Hong Kong stocks fell repeatedly last day, mainly because mainland CPI was lower than expected, which caused market concerns about the impact of deflation on investment and consumption. The weakening of the renminbi also put pressure on Chinese stocks. However, the US Federal Reserve's "dove-like" remarks helped the outside world and supported the rebound of Hong Kong stocks from lows, and even regained the 250-DMA (17,496) that divides bulls and bears. However, before the big hand policy is introduced, there is not much room for the market to rebound. It is expected to remain in an ups and downs pat...

After the Hang Seng Index opened 90 points higher at 17,613 points, the gain once expanded to 242 points, reaching a high of 17,765 points. However, the trend reversed in the afternoon and closed down 51 points or 0.29% at 17,471 points, once again falling below the 250-DMA(17,502) that divides bulls and bears, falling for 4 consecutive trading days; the technology index fell less than 1 point, or 0.01%, to 3,600 points, and the main board turnover was HK$102.3 billion.  Weak mainland economic data has been expected by the market, and its drag on Hong Kong stocks will be limited. However, the current rise in technology stocks is only a short-term technical rebound. In addition, the previously strong high-yield state-owned enterprise stocks have also begun to adjust, and the overall market situation will maintain a narrow range of fluctuations. The Hang Seng Index is expected to fluctuate between 17,000 and 18,000 points. We need to wait and see whether there are new policies in the...

The Hang Seng Index opened 43 points lower at 17,481 points, and then the decline expanded to 147 points, reaching a low of 17,376 points. However, it finally closed down less than 1 point at 17,523 points. The 250-DMA(17,509) that divides bulls and bears was lost; the technology index outperformed The broad market rose 34 points or 0.9% to close at 3,600 points, with a turnover of HK$94.3 billion.  The market has a positive view on the performance of U.S. companies in the new quarter, which has brought support to U.S. stocks. Investors are currently afraid of missing out on good opportunities and will chase after a pullback. Therefore, it is difficult to see a deeper retreat in U.S. stocks and a better trend. However, even if the U.S. stock market is strong, it is difficult to drive the Hong Kong stock market. The fundamental factors of the Hong Kong stock market have not improved and have not been able to get rid of the downward trajectory that started in 2021. The Hong Kong stoc...

The Hang Seng Index opened 131 points lower at 17,667 points. The decline once extended to 346 points, reaching a low of 17,453 points. It fell 275 points or 1.54% for the whole day to 17,524 points, barely staying on the 250-DMA (17,515), the dividing line between bulls and bears; the technology index fell 30 points points or 0.83%, reported at 3,566 points. Main board turnover was HK$89.3 billion.  The French parliamentary election results added to market uncertainty, and Hong Kong stocks hit a two-and-a-half-month low. The People's Bank of China will carry out temporary forward repurchase or temporary reverse repurchase operations as appropriate. The help to Hong Kong stocks may be limited. However, Hong Kong stocks are still looking forward to the introduction of more beneficial national policies for the stock market. The Hang Seng Index is expected to consolidate at the 250-DMA.  European stock markets were under pressure, with French stocks performing mixedly. They fell ...

After opening 7 points higher at 18,035 points, the Hang Seng Index once rose 76 points to 18,105 points. Then the trend turned sharply downward and closed at the day's low of 17,799 points, down 228 points or 1.26%. The four consecutive rising trends ended, but it still maintained strength throughout the week. Maintaining an increase of 81 points or 0.45%; the technology index fell 52 points or 1.44% to 3,596 points, with a main board turnover of HK$90.3 billion.  The Hang Seng Index rose to 19,706 points in May and was blocked, and it started to adjust. After the 50-DMA (18,305) fell, it became a resistance, and the 100-DMA (17,412) provided support. If this level is maintained, the market outlook will still be promising. Since the market entered July, trading has continued to be weak. The Hang Seng Index has mostly been in a low-first-then-high pattern on trading days. The volatility during the month was only 464 points, which is still relatively small. The remaining trading day...

Hong Kong stocks rose first and then softened. After opening 101 points higher, they performed repeatedly and could still reach the 18,000 level by the close. The Hang Seng Index rose 49 points, or 0.28%, to 18,028 points for the fourth consecutive day; the Technology Index rose 22 points, or 0.63%, to 3,649 points. The main board transaction volume exceeded HK$90.8 billion.  The recent economic data released by the mainland are worse than expected. Coupled with the weak RMB exchange rate, the mainland stock market continues to be under pressure, limiting the rebound momentum of the Hong Kong stock market. The Hang Seng Index is expected to fluctuate within a narrow range of 17,400 points to 18,200 points, with a short-term breakthrough unlikely. The market is still paying attention to the Third Plenary Session of the Mainland Central Committee in mid-July, when the policy direction may be basically set, but it is believed that it will be difficult for the market to make a breakthr...

The Hang Seng Index opened 72 points higher at 17,841 points. Later, the increase expanded to 248 points, reaching a high of 18,017 points. It rose 209 points or 1.17% to 17,978 points for the whole day, rising for three consecutive days; the technology index rose 87 points or 2.48% to 17,978 points. At 3,626 points, the main board transaction volume was HK$113.5 billion.  The Hang Seng Index surged higher again yesterday, but was still capped at 18,000 points. This was mainly affected by derivatives and too many heavy bull contracts inhibited the market's upward trend. In addition, the dividend tax reduction that the market is longing for is only a sound. Hong Kong stocks need to be stimulated by more good news to hope for a breakthrough. The Hang Seng Index remains at 17,300 to 18,000 points in the short term.  The UK held a general election on Thursday, and European stocks performed well across the board, with British, French and German stocks rising by 0.61%, 1.24% and 1.1...

Hong Kong stocks performed well on the first trading day of the second half of the year. The Hang Seng Index opened 49 points lower at 17,669 points and then recovered. It once rose 267 points to 17,986 points. It closed only up 50 points or 0.28% at 17,769 points throughout the day. Technology stocks lagged behind, with the technology index falling 15 points or 0.43% to 3,539 points. . Main board transaction volume was HK$118.4 billion.  The Hang Seng Index is expected to hover around 17,500 points to 18,500 points in the first half of July. The bullish situation will continue until the middle of the month. Changes may only occur when the mainland authorities hold a major meeting. The market expects that important economic policies will be introduced. Pay attention to whether there will be news to support real estate and consumption, or even propose tax reforms. If the authorities can take action to stimulate the economy, the Hang Seng Index may effectively challenge the 19,000 to...

Hong Kong stocks were weak on the last trading day of the first half of the year. The Hang Seng Index opened 133 points lower at 17,583 points and then found support. It rose as much as 149 points to 17,865 points. It closed slightly up 2 points or 0.01% at 17,718 points for the whole day. It fell 361 points or 1.99% in the first half of the year. The index rose by 671 points or 3.93%; the technology index underperformed, falling by 34 points or 0.95% to 3,554 points. Main board turnover was HK$98.8 billion.  Due to the window-dressing effect at the half-year end, market conditions are expected to improve in the short term. As for the trend in July, the market is looking forward to the Third Plenary Session of the Central Committee of the Communist Party of China and the "Hong Kong Stock Connect" dividend tax reduction, which will help the market sentiment. However, the recovery of the mainland's economy remains to be seen, and the consumer market is not stagnant, which h...