Investment 16/9/2024

The Hang Seng Index opened 57 points higher at 17,298 points, which was already the day's low. Later, the increase expanded to 300 points, reaching a high of 17,540 points. It rose 128 points or 0.74% for the whole day to 17,369 points. It fell 75 points or 0.43% for the whole week; The technology index rose 4 points, or 0.13%, to 3,479 points. Main board turnover was HK$88.8 billion.

On Friday, the Hang Seng Index returned to above the 250-DMA (17,240). However, the downward gap at the beginning of the month (17,555 to 17,332) still has resistance and cannot be replenished. Since it has fallen below the upward trajectory since January, unless it rises above the previous level in the short term, The rebound high is 18,202 points, otherwise the rebound is expected to test the recent low of 16,441 points, while the mid-term market outlook is likely to test the bottom of the range at 14,600 points.

Currently, there are 14.44 points left on the Growth Enterprise Market Index of hundreds of listed companies in Hong Kong. Hong Kong's GEM has been brilliant before, with the index reaching a peak of more than 1,800 points. Now it has fallen by more than 99%, which is no different from zero. Moreover, there are a large number of immortals who have completely lost their liquidity, like a pool of stagnant water! The former "Four Little Dragons" of Asia and an international financial center have fallen into this state. It is really sad! The A-share GEM index is still over 1,500 points. I wonder what it will be like in the future?

European stocks rose across the board, with British, French and German stocks rising 0.39%, 0.41% and 0.98% respectively.

Federal Reserve officials are debating the extent of the rate cut, which has kept the market from betting on a 0.5% rate cut. The chance of a 0.5% rate cut among swap traders is now back to 40%. U.S. stocks rose significantly last Friday. After the Dow opened 56 points higher, the increase expanded to a maximum of 437 points, reaching a maximum of 41,533 points. The S&P 100 once rose 0.72%, and the Nasdaq rose 0.85%.

At the close of the U.S. market, the Dow still rebounded 297 points, or 0.72%, to 41,393 points; the S&P 500 rose 30 points, or 0.54%, to 5,626 points; the Nasdaq rose 114 points, or 0.65%, to 17,683 points.

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Investment 29/4/2026

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Investment 24/4/2026

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The Hang Seng Index opened 64 points lower at 26,098, and the decline widened to 322 points at one point, reaching a low of 25,840. It closed down 248 points, or 0.94%, at 25,915. The Technology Index fell 98 points, or 1.98%, to 4,865. Total market turnover was HK$255.3 billion. The Hang Seng Index broke below the 16,000-point mark. However, due to the relatively lagging performance of Hong Kong stocks and stable market sentiment, a significant correction has not yet occurred. It is believed that the Hang Seng Index can hold the 250-day moving average (25,349), a key level for bull and bear markets, while facing strong resistance at 27,000 points. European stock markets showed mixed performance, with British and German stocks falling 0.19% and 0.16% respectively, while French stocks rose 0.87%. With the Middle East situation unresolved and investors awaiting the implementation of peace talks, international oil prices remained high, putting pressure on US stocks on Thursday. The Dow Jo...
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Investment 27/4/2026

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The Hang Seng Index opened 181 points lower at 25,733, and once plunged 275 points to a low of 25,639, before recovering its losses, rising as much as 89 points to 26,004. It closed the day up 62 points, or 0.24%, at 25,978; the Tech Index rose 36 points, or 0.75%, to 4,902. Total market turnover was HK$236.7 billion. For the week, the Hang Seng Index fell 182 points, or 0.69%. Hong Kong stocks rebounded on Friday but failed to recover the 26,000-point mark. The Hang Seng Index broke through the descending channel earlier this month with an upward gap (25,254 to 25,668). Last week's short-term correction to this gap followed by a sharp rebound reflects the strong support at this level. Recent geopolitical tensions have fluctuated, causing Hong Kong stocks to trade in a volatile range. Without significant positive or negative news, they are expected to fluctuate between 25,500 and 26,300 points this week. If the market can break through and hold above 26,300 points, it may test the ...
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