Investment

On the index futures settlement day, the Hang Seng Index opened 78 points lower at 17,614 points, and then fell 189 points to 17,502 points. It turned from falling in the afternoon and closed up 93 points, or 0.53%, at 17,786 points; the technology index rose 15 points or 17,786 points. 0.45%, reported at 3,461 points. Main board transaction volume was HK$108.1 billion.  The exchange rate of the US dollar has fallen back, and the RMB has shown signs of strengthening, which will be helpful to Hong Kong stocks. However, the market has certain expectations for the direction of the U.S. Federal Reserve's interest rate. In addition, the earnings period is coming to an end, and corporate earnings performance are divergent. With the rise and fall of stock prices offsetting each other, it is difficult for the index to make a breakthrough. I believe that new news will stimulate it. The Hang Seng Index can only rise above 18,000 points, with support below 17,200 points. It is expected that t...

The Hang Seng Index opened 26 points lower at 17,847 points, fell 215 points to 17,659 points in the afternoon, and closed down 182 points, or 1.01%, at 17,692 points for the day; the Technology Index fell 55 points, or 1.59%, to 3,445 points. Main board transaction volume was HK$93.9 billion.  Market expectations for the U.S. Federal Reserve to cut interest rates in September continue to rise, the U.S. dollar has fallen, and the RMB exchange rate has rebounded, driving Hong Kong stocks to rise repeatedly in recent times. However, the Hang Seng Index has risen from 16,400 points to 17,800 points in early August. The cumulative increase has been large. I believe that the good news of the interest rate cut has been mostly reflected. In addition, the transaction volume has not cooperated. The market is facing difficulty in the current situation. There is not a lot of space to rise.  European stocks developed individually, with British stocks falling slightly by 0.02%, French and...

The Hang Seng Index opened 134 points lower at 17,663 points. In the early morning, it fell 174 points to 17,624 points. In the afternoon, it turned from falling to rising. It rose 75 points or 0.43% to 17,874 points for the whole day, rising for two consecutive days; the technology index fell 1 point or 0.05%, reported at 3,501 points. Main board transaction volume was HK$91.92 billion.  The U.S. stock market has recently rebounded to near historical highs. The wait-and-see atmosphere in the market is getting stronger, and the market situation has no clear direction. The three major U.S. stock indexes developed individually overnight. As for the Hong Kong stock market, it has continued to rebound since August and has risen above the extended downward trajectory in May. However, the transaction volume has not been consistent, reflecting a lack of momentum. If the Hang Seng Index fails to stabilize the 50-DMA (17,541), the market outlook may have a chance to decline again. It is exp...

Investors are looking forward to the U.S. Federal Reserve cutting interest rates in September. After opening 97 points higher at 17,709 points, the Hang Seng Index rose 213 points to 17,826 points. It rose 186 points or 1.06% to 17,798 points for the whole day; the technology index rose 34 points or 0.98%, reported at 3,502 points. Main board transaction volume was HK$83.5 billion.  The chance of interest rate cuts starting in September is extremely high, and U.S. stocks did well last Friday (23rd). Although the Hang Seng Index may not be able to keep up with the external rally, rising expectations of interest rate cuts are expected to have a positive impact on Hong Kong stocks. In particular, high interest rates are expected to regain the favor of funds in the low interest rate environment. In terms of trend, the Hang Seng Index is currently on an upward track in early August, with the upper resistance at 18,100 points. Unless it falls below the 17,400 point support, there is a ch...

The Hang Seng Index opened 119 points lower at 17,521 points, and then fell 147 points to 17,493 points. It fell 28 points or 0.16% for the whole day to 17,612 points. It rose 181 points or 1.04% for the whole week; the technology index fell 39 points or 1.04%. 1.13%, reported at 3,468 points. Main board turnover was HK$78.7 billion.  The recent performance of Hong Kong stock companies has been mixed, and the overall market has not seen any major good news. Therefore, the Hang Seng Index is expected to go wild this week, fluctuating between 17,300 and 18,000 points. The market's weak trading volume reflects the sluggish market conditions. Even if the Hang Seng Index returns to the 17,000 level, investors' enthusiasm has not returned. It is expected that the trading volume will continue to be sluggish and will take time to gradually improve.  European stock markets rose across the board, with British, French and German stocks closing up 0.48%, 0.7% and 0.76% respectively. ...

The Hang Seng Index opened 106 points higher at 17,497 points. The gain expanded to 261 points in the afternoon and reached a high of 17,652 points. It closed up 249 points or 1.43% for the whole day at 17,641 points. The Technology Index rose 74 points or 2.16% to 3,508 points. Main board turnover was HK$97.4 billion.  The minutes of the U.S. Federal Reserve's July interest rate meeting reflect a high chance of an interest rate cut in September. The expectation of a U.S. interest rate cut is good for the yuan and will help the trend of Chinese stocks. Hong Kong stocks are expected to have limited room for a sharp decline. The Hang Seng Index has good support at 17,500 points. However, the market sentiment is still relatively calm. If the Hang Seng Index wants to challenge the 18,000 level, it needs to wait for good news such as new policies.  European stock markets developed individually, with British and German stocks rising 0.06% and 0.24% respectively, while French stocks ...

After opening 197 points lower at 17,313 points, the Hang Seng Index once fell 278 points to 17,232 points, falling 120 points or 0.68% for the whole day to 17,391 points; the Technology Index fell 63 points or 1.82% to 3,434 points. Main board turnover was HK$93.8 billion.  Although the Hong Kong stock market has recovered nearly 1,200 points from the low in early August, the trading volume has shrunk significantly, reflecting the cautious attitude of the market in entering the market. Yesterday, the Hong Kong stock market fell below the 250-DMA (17,279) shortly after the market opened, but fortunately recovered by the market close. However, it is expected that the Hang Seng Index will have the opportunity to test 17,000 points again in the future and remain at this level for a period of time.  In May, Morgan Stanley raised the basic target for the Hang Seng Index by the end of June next year. However, yesterday it "turned around" and lowered the basic target from 19,150 poi...

The Hang Seng Index opened 92 points higher at 17,661 points and hit an all-day high. It continued to adjust, falling as much as 119 points to 17,449 points, and closed down 58 points or 0.33% to 17,511 points; the Technology Index fell 19 points or 0.54% to 3,498 points. point. Main board transaction volume was HK$74.5 billion.  Hong Kong stocks have rebounded recently, but the trading volume has not been as good as expected, which reflects that the upward momentum of Hong Kong stocks is still weak and the focus of the investment market is not on Hong Kong stocks. The most optimistic view is that the Hang Seng Index may rebound to 18,500 points, but even if it rebounds to that level, it is expected to fall again later. Although the Hang Seng Index has room to rebound to 1,000 points, the market is still in a downward channel, and the risk of deploying long positions is relatively high. If you have stocks, you can take advantage of the rebound to reduce the weight. Investors should...

The Hang Seng Index opened 139 points higher at 17,569 points, and then rose 255 points to 17,685 points. The rise recovered in the afternoon, rising 139 points or 0.8% for the whole day, to 17,569 points; the Technology Index rose 58 points, or 1.67%, to 3,517 points. Main board turnover was HK$94.4 billion.  After the Hang Seng Index rose above the 250-DMA (17,289) last week, it once tested above the 100-DMA (17,682) yesterday. As expected, it still closed at the 50-DMA (17,594). The overall situation is better than that at the beginning of this month, mainly because the performance of heavyweight technology companies has become clearer and can also bring surprises to the market, and the mainland stock market has cooperated with the rise of Hong Kong stocks. For the market outlook, we should pay attention to the performance of Hong Kong stock companies, as well as the minutes of the U.S. Federal Reserve's interest rate meeting released on Thursday (22nd), which will determine the...

The market's worries about the U.S. economic recession have subsided, and Hong Kong stocks have done well following the external stock markets. The Hang Seng Index opened 176 points higher at 17,286 points and continued its upward trend. It once rose 364 points to 17,473 points, and closed up 321 points or 1.87% for the whole day at 17,430 points. The Technology Index rose 74 points or 2.2% to 3,459 points. Main board transaction volume HK$101.4 billion.  The Hang Seng Index rose by 339 points or 1.98% last week, and has successfully reversed its decline since August, rising by 85 points or 0.49%. The Hang Seng Index has just recovered the 250-DMA (17,295) and will challenge the 50-DMA (17,612) and the 100-DMA (17,675) in the short term. If it rises above and stands above it, Hong Kong stocks will be favored in the short term. However, the market is still concerned about the economic situation in the mainland, which limits the market's upward trend. It is expected that there wi...

Hong Kong stocks traded within a narrow range throughout the day. After the Hang Seng Index opened 105 points or 0.61% lower, it once fell 186 points and fell below the 17,000 level. It hit 16,926 points and then buckled. It once rebounded 170 points. It performed repeatedly in the afternoon, falling 4 points or 0.02% throughout the day to 17,109 points; the technology index It fell 11 points or 0.33% to 3,384 points. The market turnover exceeded HK$87.9 billion.  The Hang Seng Index has been mainly hovering around 17,000 points recently, and the trading volume has continued to be quiet, which reflects that investors are cautious in entering the market and the market is unlikely to have breakthrough momentum. The index is expected to remain mainly between 16,500 and 17,500 points. Unless it rises above the 250-DMA (17,302), which divides bulls and bears, the weakness will be difficult to change.  European stock markets rose across the board, with British stocks closing up 0.8%...

Hong Kong stocks ended five consecutive gains. The Hang Seng Index opened 59 points or 0.35% higher at 17,233 points. It once rose 80 points to the day's high of 17,254 points, and then turned back and fell 60 points or 0.35% for the day to 17,113 points. The Technology Index fell 33 points or 0.99%. It was quoted at 3,395 points. The market transaction volume was only HK$68 billion, a new low in the past six months.  Mainland economic data are still lower than expected. Unless there is a policy shift and domestic demand and consumption improve significantly, the real economy will continue to be under pressure. The Hang Seng Index will remain at 16,600 to 17,300 points in the short term. In the short term, you can pay attention to the upcoming results of technology and Internet stocks to see whether they will surprise the market.  European stock markets remained stable, with British, French and German stocks closing up 0.56%, 0.79% and 0.41% respectively.  U.S. core infla...

Hong Kong stocks rose for the 5th day in a row. The Hang Seng Index opened 48 points or 0.28% higher at 17,160 points. The increase once expanded to 141 points. It reached a high of 17,252 points and then retreated. The whole-day fluctuation was only 178 points. It finally closed up 62 points or 0.36% at 17,174 points; the technology index was flat. It closed at 3,429 points for the whole day. The market turnover was HK$70.8 billion.  The Hang Seng Index is still in the downtrend channel extended in May, below the 250-DMA (17,319) that divides bulls and bears. Unless the Hang Seng Index can return above the bull-bear dividing line in the short term, the weakness will be difficult to change. It is not advisable to be too optimistic and should reduce the pound in case of a rebound. Many heavyweight stocks will announce their results this week, which may have an impact on the market performance, but the impact is not expected to be significant.  European stock markets repeatedly ...

Hong Kong stocks performed mixedly. The Hang Seng Index opened 12 points or 0.07% higher and then showed an ups and downs pattern. It closed at 17,111 points for the whole day, up 21 points or 0.13%. The Technology Index fell 6 points or 0.2% for the whole day to 3,429 points. Market turnover was HK$70.3 billion, the lowest since February 16.  Affected by the global stock market crash last week, the Hong Kong stock market once fell to the 16,500 level, but then returned to the 17,000 level. After consolidation, there is still a chance to continue upward. The short-term resistance is at the 250-DMA (17,329). Many heavyweight stocks are about to be released this week. For example, Tencent and Alibaba have performed relatively poorly recently. If their performance is better than expected, it is expected to lead to a breakthrough in the market. In addition, the mainland will also release economic data for July. If it is better than expected, Hong Kong stocks will have a greater chance ...

Hong Kong stocks continued the rise in US stocks overnight, opening 205 points higher and continuing their rise. The Hang Seng Index once rose 360 points in the early morning and ended the day up 198 points, or 1.17%, at 17,090 points, back above the 17,000 mark. The Technology Index rose 70 points, or 2.08%, to 3,436 points. The market turnover was less than HK$ 100 billion , falling to HK$88.1 billion.  Hong Kong stocks have reason to rebound along with the outside world, but mainly hold on to 17,000 points. However, the market is still paying attention to the economic prospects of the mainland. The market rebound is expected to be limited, and the resistance above the Hang Seng Index is at the 250-DMA (17,338).  European stock markets remained stable, with British, French and German stocks rising 0.28%, 0.31% and 0.24% respectively.  After a strong rebound on Thursday, U.S. stocks rose repeatedly on Friday. After the Dow opened 38 points lower, the decline once expande...

Hong Kong stocks fell first and then recovered. The Hang Seng Index opened 104 points lower and performed softly. It fell 212 points in the early stage, fell as low as 16,665 points and then found support. It once rose more than 100 points and crossed the 17,000 level again. It closed at 16,891 points, up 13 points or 0.08%; Technology The index fell 15 points or 0.74% throughout the day to 3,366 points. Market turnover was HK$102.8 billion.  It is expected that Hong Kong stocks will follow the outside world and rise today, with the Hang Seng Index regaining 17,000 points. Under expectations of a U.S. interest rate cut in September, the index can rise above the resistance of 17,250 points and have a chance to test 17,800 points. However, further breakthroughs will depend on Will there be any surprises during the August earnings period? However, in addition to external factors, the market is worried about the impact of the local economy on corporate earnings. Although investors have...

Hong Kong stocks rebounded more than 200 points, ending four consecutive losses. The Hang Seng Index opened 37 points higher and maintained its upward trend, rising by more than 250 points to a maximum of 16,900 points. It rose 230 points or 1.38% throughout the day to 16,877 points. The Technology Index rose 39 points or 1.19% to 3,382 points. Market turnover was approximately HK$95.7 billion. The total net inflow of water from north to south increased to HK$11.673 billion .  The Hang Seng Index is still in the downward channel extending from the high of 19,706 points in early May. Before returning to the 250-DMA (17,358), the market outlook continues to be soft. There are currently two major factors dragging down the performance of the stock market. On the one hand, the market expects that the U.S. Federal Reserve may intensify its interest rate cuts. The U.S. dollar index fell in response, and the Japanese yen exchange rate strengthened. The wave of Japanese yen unwinding trigge...

After the Hang Seng Index opened 162 points higher at 16,861 points, the increase once expanded to 210 points, hitting a high of 16,908 points. However, it fell 87 points to a low of 16,611 points. It closed 51 points or 0.3% lower for the whole day at 16,647 points. It fell for the fourth trading day; the technology index outperformed, rising 3 points or 0.09% to 3,342 points. Main board turnover was HK$96.4 billion.  Amid the global market turbulence, the Hang Seng Index has been moving relatively hard, reflecting that foreign investment in the Hong Kong stock market is not a large proportion, so external influences are limited. Asia-Pacific stock markets rebounded significantly on Tuesday (6th), and the RMB exchange rate also stabilized, supporting Hong Kong stocks. The Hang Seng Index rebounded yesterday, but was still constrained by the last high adjustment of fibo 0.618 at 16,670 points. It is expected to rebound again today and test the resistance of 17,000 points. However, ...

Global stock markets were shaken violently, and Hong Kong stocks were not immune to the shock, hitting their lowest level in more than three months. After the Hang Seng Index opened 268 points lower at 16,676 points, the decline once narrowed to less than 1 point. However, the selling pressure intensified in the afternoon and once fell 504 points to 16,441 points. It fell 247 points or 1.45% throughout the day to 16,698 points, the third consecutive decline. On the trading day; the technology index fell 46 points, or 1.36%, to 3,339 points. Main board transaction volume was HK$135 billion.  As expected, the Hang Seng Index fell to 16,670 points close to the last high adjustment fibo of 0.618. Technically, the Hang Seng Index has fallen below multiple moving averages and closed below the central axis of the Bollinger Band for three consecutive weeks. The market outlook is likely to test the bottom of the channel (15,915). In the weakest scenario, the Hang Seng Index may even fall to...

U.S. stocks fell sharply overnight, a small stock market crash broke out in Asia-Pacific stock markets, and the Hang Seng Index was not immune. Hong Kong stocks opened more than 1% lower across the board, and the Hang Seng Index opened 297 points lower to 17,025 points. The performance continued to be weak. The decline intensified in the afternoon, falling as much as 439 points to 16,865 points, setting a new low in more than 3 months. It closed down 359 points or more for the whole day. 2.08%, reported at 16,945 points; the technology index fell 90 points, or 2.62%, reported at 3,385 points. Market turnover reached HK$100.5 billion.  Global investment sentiment has deteriorated, and Hong Kong stocks have also followed suit, with the Hang Seng Index falling below 17,000. Every rebound in the market is short-lived, reflecting the market's lack of confidence in the market outlook, and the weakness is expected to continue. The Hang Seng Index will test the 16,800 point where the rebou...

Hong Kong stocks showed an up-and-down pattern on the first trading day of August. The Hang Seng Index opened 16 points lower and showed mixed performance. It rose 64 points in the afternoon and hit a day's high of 17,408 points. It fell back again and closed down 39 points or 0.23% at 17,304 points. The Technology Index fell 40 points or 1.15% throughout the day. It was quoted at 3,476 points. Market turnover shrank to HK$94.1 billion.  With the positive and negative factors offsetting each other, the Hong Kong stock market has no direction in the short term. The performance of blue-chip stocks has been mixed, which also limits the market's rebound space. The Hang Seng Index is expected to mainly fluctuate between 16,670 and 17,416 points.  European stock markets fell across the board, with British, French and German stocks falling 1.01%, 2.14% and 2.3% respectively.  The latest U.S. employment and manufacturing data were weak, triggering market concerns about the econom...