Investment 24/9/2024

The Hang Seng Index opened 21 points lower at 18,237 points, then turned around and rebounded 168 points, hitting a more than three-month high of 18,426 points. Selling pressure returned in the afternoon and turned lower

again, closing down 11 points, or 0.06%, at 18,247 points. , ending six consecutive rising trends; the technology index fell 5 points, or 0.15%, to 3,698 points.  Main board transaction volume was HK$124.2 billion.


 The U.S. cut interest rates aggressively last week, which boosted the sentiment in Hong Kong stocks. The Hang Seng Index successfully broke through the psychological barrier of 18,000 points, but as expected is still trapped in the horizontal range around 18,400 points.  If the U.S. 10-year Treasury bond yield is between 3.7% and 3.8% and the risk premium falls back to the historical average, the Hang Seng Index is expected to break out of the predicament and reach its May high of 19,706 points.


 European stock markets performed well, with British, French and German stock markets rising 0.36%, 0.1% and 0.68% respectively.


 The latest U.S. economic data showed mixed results, reinforcing expectations that the Federal Reserve will steadily cut interest rates. U.S. stocks moderately advanced on Monday, with the Dow Jones Industrial Average and the S&P 500 hitting new closing highs.  The Dow opened slightly lower by 2 points and then turned higher. The increase once expanded to 126 points and peaked at 42,190 points. The S&P 100 once rose 0.4%, and the Nasdaq rose as much as 0.41%.


At the close of U.S. stocks, the Dow Jones Industrial Average rose 61 points, or 0.15%, to 42,124 points; the S&P Index rose 16 points, or 0.28%, to 5,718 points; and the Nasdaq Composite Index rebounded 25 points, or 0.14%, to 17,974 points.

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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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