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Hong Kong stocks fell for two consecutive days.  After opening 33 points higher, the Hang Seng Index once rose 172 points to 20,553 points in the morning, and fell as much as 55 points in the afternoon. It closed down 63 points, or 0.31%, at 20,476 points for the day; the Technology Index fell 14 points, or 0.32%, to 4,499 points.   Market turnover exceeded HK$154.4 billion.  For the whole month of October, the Hang Seng Index fell by 816 points or 3.86%, and the Technology Index fell by 252 points or 5.3%.  The market is waiting to see corporate performance, as well as the mainland's upcoming economic measures. Hong Kong stocks have maintained a narrow range recently, and it is difficult to make a breakthrough in the short term. The Hang Seng Index will test the support of 20,000 points, and there is great resistance at 21,000 points above.  European stock markets were under selling pressure, with British stocks closing down 0.61%, and French and German stocks ...

The Hang Seng Index opened 114 points lower at 20,586 points on the futures settlement day, and subsequently fell 431 points to a low of 20,270 points. It fell 320 points or 1.54% throughout the day to 20,380 points; the Technology Index fell 110 points or 2.38% to 4,513 points. .  Main board transaction volume was HK$166.6 billion.  There were rumors that the mainland was considering approving the issuance of more than 10 trillion yuan of bonds in the next few years next month. The news once caused the overnight futures price to soar by more than 300 points, but all gains evaporated at the end of the day because the relevant news was unconfirmed.  The outcome of the U.S. presidential election is also unclear, and the market is still facing many variables, which is hampering the market trend. The Hang Seng Index may test the 20,000-point support in the short term.  European stock markets came under pressure, with British, French and German stocks falling 0.73%, 1.1% ...

After opening 130 points higher at 20,729 points, the Hang Seng Index rose 290 points to 20,890 points. It then fell repeatedly and turned negative for a time. It resumed its upward trend in the afternoon, rising 101 points or 0.49% to 20,701 points, rising for three consecutive days. ; The technology index rose 49 points, or 1.08%, to 4,623 points.  Main board transaction volume was HK$154.2 billion.  HSBC Holdings' third-quarter results beat expectations and continued buybacks, sending its stock price up 3.6%.  Tensions in the Middle East cooled down, and US stocks did well overnight, but the positive effect on Hong Kong stocks was limited.  The mainland's economy has yet to see significant improvement, and not many details of fiscal stimulus measures have been announced, leaving little room for Hong Kong stocks to rise.  However, the market expects that more policies will be introduced at the important mainland meeting at the beginning of the month. The Hang ...

Hong Kong stocks were struggling, with the Hang Seng Index opening 2 points higher at 20,592 points. The high had risen 79 points to 20,669 points, and the low had fallen 161 points to 20,428 points. It rose 9 points or 0.04% for the whole day to 20,599 points; the technology index outperformed. It rose 36 points or 0.79% to 4,574 points.  Main board transaction volume was HK$136.3 billion.  The Hang Seng Index once fell below the 10-DMA (20,491) yesterday, but fortunately returned to its upper level and closed. It is expected to remain in the range of 20,000 to 21,000 points in the short term.  The Mainland will hold an important meeting next month, and the market is expecting more policies to be implemented one after another. It is believed to have a positive effect on the market, and the Hang Seng Index will make a strong move by then.  However, the U.S. presidential election will be held early next month, and the Federal Reserve will also discuss interest rates. ...

The Hang Seng Index opened 32 points higher at 20,521 points and later rose 294 points to 20,784 points. It rose 100 points or 0.49% for the whole day to 20,590 points. The Technology Index rose 54 points or 1.2% to 4,538 points.  Main board transaction volume was HK$161.2 billion.  For the whole week, the Hang Seng Index fell 213 points or 1%.  The market's volatility has narrowed recently and is trading sideways. The Hang Seng Index is expected to fluctuate between 19,700 and 21,700 points in the short term, waiting for a breakthrough.  The Hang Seng Index fell to the rising gap on September 27 last week (19,954 to 20,268), which supports temporary respite. The decline last week was also significantly narrower than the previous two weeks, and the decline slowed down, but there is no signal that the adjustment has been completed.  Tomorrow's futures index will be settled. According to the current market conditions, this month's futures index will be rolled over...

Hong Kong stocks retreated after rising for two consecutive days.  The Hang Seng Index continued to weaken after opening 184 points lower. The decline deepened in the afternoon, falling as much as 311 points or 1.5%, and as low as 20,448 points. It closed at 20,489 points for the whole day, down 270 points or 1.3%, and fell below the 10-DMA (20,606) .   Technology  index fell 121 points or 2.64% to 4,483 points.  Market turnover reached HK$165.2 billion.  Several Federal Reserve officials have called for slowing down the pace of interest rate cuts, and with the U.S. presidential election approaching, the market is worried that if Trump is elected, inflation may rekindle, narrowing the space for interest rate cuts, and U.S. stocks came under pressure overnight.  As U.S. bond interest rates rise and the U.S. dollar strengthens, it will have a certain impact on emerging markets, and Hong Kong stocks are also expected to be dragged down.  The recent trend ...

The Hang Seng Index opened 26 points higher at 20,525 points and then repeatedly performed well. It rose 443 points to 20,942 points in the afternoon and rose 261 points or 1.27% to 20,760 points throughout the day. The Technology Index rose 83 points or 1.85% to 4,605 ​​points.  Main board transaction volume was HK$192.6 billion.  The volatility of Hong Kong stocks has narrowed in recent days, and transactions have also continued to shrink, reflecting that the popularity of capital participation is gradually declining.  In addition, the market is experiencing another wave of "water pumping". In addition to Sunac China's earlier rights issue at a large discount, China Resources Power also plans to place shares at a discount of 5.06%, reflecting the lack of confidence in the market outlook and the lack of confidence in the market outlook, and the upward momentum of the market may not be sustainable.  If the Hang Seng Index fails to hold the bottom of the rising gap at...

The Hang Seng Index opened 44 points lower at 20,433 points and then fluctuated. The low fell 98 points to 20,380 points and the high rose 151 points to 20,629 points. It rose 20 points or 0.1% for the whole day to 20,498 points; the technology index rose 29 points or 0.66%, reported 4,521 points.  Main board transaction volume was HK$154.8 billion.  After rebounding yesterday, the Hang Seng Index is still constrained by the 10-DMA (20,638).  The Hong Kong stock market adjusted after a sharp rise at the beginning of this month, but it found support when it fell to the rising gap on September 27 (19,954 to 20,268).  In fact, the mainland has launched multiple policies to stabilize the economy. Although there are no surprises in the specific scale and timetable, it will inevitably disappoint the market. However, as the policies are gradually implemented, the market is expected to stabilize and rebound from lows. There is a certain value in entering the market at curren...

Hong Kong stocks turned soft again after a day's rebound.  The Hang Seng Index opened 73 points lower at 20,730 points and then turned higher. However, selling pressure soon reappeared. In the afternoon, it fell as much as 381 points to 20,423 points. It fell 325 points or 1.56% for the whole day to 20,478 points; the Technology Index fell 108 points or 2.36% , reported 4,491 points.  Main board transaction volume was HK$195.5 billion.  With the implementation of many policies in the mainland, there is certain support for the Hong Kong stock market to reach 20,000.  The third quarter results period is about to enter, and there are also a number of economic data released in the United States. I believe it will have some implications for the direction of interest rates. External factors will also affect the trend of Hong Kong stocks.  The Hang Seng Index will remain within the large range (19,361~21,300) in the market outlook: The Hang Seng Index fell below the 20...

Last Friday,  after opening 27 points higher at 20,106 points, the Hang Seng Index once turned down 20 points to 20,058 points. In the afternoon, the gain expanded to 873 points, reaching a high of 20,952 points. It rose 725 points or 3.61% throughout the day to 20,804 points, ending four consecutive losses. ; The technology index rose 251 points, or 5.77%, to 4,600 points.  Main board transaction volume was HK$259 billion.  The Hang Seng Index fell below the central axis of the Bollinger Channel last week and fell below the 20-DMA (20,507). Fortunately, it fell to the rising gap on September 27 (19,954 to 20,268) to find support. It rebounded sharply last Friday, but the adjustment has not been confirmed yet finish.  The People's Bank of China will once again lower the loan prime rate (LPR) by 0.2 to 0.25 percentage points today, which is also the third interest rate cut this year. It will also lower the deposit reserve ratio again before the end of this year. Hong ...

After the Hang Seng Index opened 185 points higher at 20,471 points, it rose 496 points to 20,783 points. Then the increase gradually narrowed. It turned from rising to falling in the afternoon, once falling 309 points to 19,977 points. It closed down 207 points or 1.02% for the whole day at 20,079 points, the fourth consecutive day of decline; the technology index fell 52 points or 1.19% to 4,349 points.  Main board transaction volume was HK$191.2 billion.  The market is waiting for the next round of economic stimulus measures in the Mainland, coupled with the weakening of the RMB exchange rate, Hong Kong stocks have seen significant adjustments recently.  However, considering that the index has fallen by nearly 3,000 points from its high, I believe that the 20-DMA (20,349) has some support.  In fact, the mainland is very determined to stimulate the economy. With the fiscal policy, it should have positive help for the stock market. It is not appropriate to be overly...

The Hang Seng Index opened 174 points lower at 20,144 points and then struggled. It once rose 229 points to a high of 20,548 points. It closed 31 points or 0.15% lower for the whole day at 20,286 points, falling for the third consecutive day; the technology index fell 48 points or 1.09 %, reported 4,402 points.  Main board transaction volume was HK$208.3 billion. The policy address is released and has limited stimulating effect on the market.  However, the mainland has successively introduced measures to rescue the market. The People's Bank of China, the Ministry of Housing and Urban-Rural Development, and others held a press conference today (17th) to introduce the situation of promoting the stable and healthy development of the real estate market. In line with the national policy, the performance of domestic real estate has been outstanding.  The decline in Hong Kong stocks seems to have stabilized, but the Hang Seng Index must regain its 10-DMA (21,491) to reverse the ...

The Hang Seng Index opened 46 points lower at 21,046 points. Selling pressure intensified in the afternoon, falling 938 points to 20,154 points. It closed down 774 points, or 3.67%, at 20,318 points for the day. The Technology Index fell 217 points, or 4.65%, to 4,450 points.  Main board transaction volume was HK$261.2 billion. Hong Kong stocks have rebounded a lot since the mainland's economic crisis. However, the National Development and Reform Commission has not released any specific new stimulus policies, which has dragged down Hong Kong stocks sharply.  The Ministry of Finance's press conference last weekend did not mention the specific scale and timetable of incremental fiscal policy, which also disappointed the market. However, the market decline seems to have slowed down.  If calculated based on the 0.5 times retracement of the last rising wave adjustment fibo, the Hang Seng Index will have the opportunity to test the 20,100-point level, with the upper resistance ...

The market continues to evaluate the strength of the central government's stimulus policies, and Hong Kong stocks have seen volatile trends.  After opening 23 points lower at 21,228 points, the Hang Seng Index once fell 558 points to 20,693 points. In the afternoon, it rose 96 points to a high of 21,348 points. It closed down 159 points or 0.74% at 21,092 points for the whole day; the technology index fell 67 points or 1.4 %, reported 4,668 points.  Main board transaction volume was HK$277 billion.  The Hang Seng Index rose from 17,000 points to about 23,200 points earlier. If calculated based on the golden ratio, the current rise would be 0.382 times of retracement ,  there is some support for the index to test 20,800 points. If calculated as 0.5 times of retracement, the Hang Seng Index would be  an opportunity to test the 20,100 level, and the upper resistance is at 22,000 points.  The Hang Seng Index must regain its 10-DMA (21,607) to confirm that the a...

Hong Kong stocks rebounded after falling for two consecutive days before the holiday last Thursday.  Benefiting from the People's Bank of China's launch of RMB 500 billion swap facility to rescue the market, and the anticipation of good news from the Ministry of Finance press conference held on Saturday, the Hang Seng Index opened 408 points higher at 21,046 points and continued its upward trend. It once rose 985 points to 21,622 points in the afternoon. After reaching a high level, the upward trend rebounded and closed up 614 points, or 2.97%, at 21,251 points; the technology index rose 95 points, or 2.05%, to 4,736 points.  Main board transaction volume was HK$325.3 billion. The Hang Seng Index started its upward trend from 16,964 points on September 10 to 23,241 points on October 7. The low of the index last week was 20,190 points, which was close to the midpoint of the entire trend of 20,103 points. The index also rebounded immediately, starting from gold ratio theory, thi...

The performance of Hong Kong stocks was mixed. After the Hang Seng Index opened 363 points higher at 21,290 points, it rose 490 points to a high of 21,417 points, and then fell 736 points to a low of 20,190 points. It closed 289 points or 1.38% lower for the whole day at 20,637 points; Technology The index fell 55 points, or 1.17%, to 4,640 points.  Main board transaction volume was HK$427 billion. Hong Kong stocks have already made deep adjustments on Tuesday and Wednesday due to being extremely overbought earlier. However, unless the Hang Seng Index recovers 20,800 points immediately, the technical form of Hong Kong stocks will deteriorate and there will be greater risks of a rebound.  On the second day of China's long holiday resumption, the Shanghai and Shenzhen stock markets have opened significantly lower in the morning. Just as the market was disappointed that the National Development and Reform Commission did not introduce large-scale stimulus measures at the press con...

The Hang Seng Index opened 250 points lower at 22,849 points and then the decline intensified. It once fell sharply by 2,336 points to 20,762 points. Later, the decline narrowed. However, it came under pressure again at the end of the day. It fell 2,172 points or 9.4% for the whole day. It was the largest drop since October 2008 ,  the largest single-day decline was at 20,926 points.  The technology index fell by 690 points, or 12.82%, to 4,695 points.  Main board turnover reached HK$620.4 billion, the highest on record. The A-share market rose less than 10% after the long holiday. The rise was not as good as expected. The Hong Kong stock market even experienced a correction of more than 2,000 points, reflecting the actual effectiveness of the market's rescue policy. It is still unknown whether it can effectively help consumption, investment and other basic factors. However, we still have a wait-and-see attitude.  However, the market outlook for the Hong Kong stock m...

Investors are looking forward to the central government's continued rescue of the market. After opening 211 points higher at 22,948 points, the Hang Seng Index once rose 504 points to 23,241 points, setting a new high in more than two and a half years. However, selling orders later appeared, and the Hang Seng Index fell 16 points to a low 22,719 points, and remained at the 23,000 mark for most of the afternoon. It closed up 362 points, or 1.59%, at 23,099 points; the technology index rose 159 points, or 3.04%, to 5,386 points.  Main board transaction volume was HK$296.8 billion. The Hong Kong stock market has now broken through the resistance level of 22,700 points. If better new policies are introduced in the mainland later and more funds flow in, the Hong Kong stock market will break through the next resistance level of 24,500 points. It can reach the level of 25,000 points, and the mid- to long-term growth target can be reached  30,700.  However, there is expected to b...

After the Hang Seng Index opened 98 points lower at 22,015 points, it once fell 288 points to 21,824 points. It then turned around and rebounded. It rose even more in the late market. It once rose 628 points to 22,742 points, a new high since March 2022, and rose 623 points or 2.81% throughout the day reported at 22,736 points; the technology index rose 248 points, or 4.99%, reported at 5,227 points.  Main board transaction volume was HK$261.5 billion. For the whole week, the Hang Seng Index rose by 2,104 points or 10.2%.  The technology index rose 17.4% for the week. After the U.S. Federal Reserve cut interest rates, the mainland also launched a number of policies to stimulate the stock and property markets, which boosted the market sentiment. It is expected that the Hong Kong stock market rally party is not over yet.  In terms of technical trends, the monthly chart shows that the Hang Seng Index has stabilized on the central axis of the Bollinger Channel for the first t...

Hong Kong stocks retreated after six consecutive gains.  The Hang Seng Index opened 40 points higher at 22,484 points and then came under pressure. It fell 1,001 points to 21,442 points at one point. The decline narrowed in the afternoon, falling 330 points or 1.47% for the whole day to 22,113 points. The Technology Index fell 178 points or 3.46% to 4,978 points.  Main board transaction volume was HK$310.3 billion. The index has risen by more than 4,000 points in just a few days, and capital profits have been taken. It is normal for the market to undergo technical adjustments. I believe there will be some support for the drop to 21,000 points, and 20,400 will be even more supportive.  The overall sentiment of the market has improved. The market is looking forward to further policy news from the mainland, as well as whether the consumption and investment markets will pick up. The market outlook is still improving repeatedly. Those with heavy goods can consider taking profi...

Beishui was absent, but foreign capital continued to sweep away Hong Kong stocks, and Hong Kong stocks continued to be strong after the holidays.  On the first trading day in October, the Hang Seng Index rose 1,534 points to 22,667 points, the highest since January 2023. It rose 1,310 points or 6.19% to 22,443 points for the whole day, rising for the sixth consecutive trading day; the technology index rose 405 points. or 8.52%, at 5,157 points.  Main board transaction volume was HK$434 billion. Increasing tensions in the Middle East triggered risk aversion among investors. U.S. stocks fell overnight and stock markets in the Asia-Pacific region were also volatile.  However, it did not hinder the rise of the Hong Kong stock market. The Hang Seng Index rose by more than 1,000 points immediately, and the trading volume remained strong, reflecting that funds continued to return to the Hong Kong stock market to catch up, and even became a hedging object. If the trading volume c...

Hong Kong stocks continued to be strong, with transaction volume setting a new record.  After the Hang Seng Index opened 543 points higher at 21,175 points, the increase narrowed to 157 points. Then it regained strength and once rose 856 points to 21,488 points. It rose 501 points or 2.43% for the whole day to 21,133 points, the fifth consecutive increase. On the trading day, the technology index rose 298 points, or 6.7%, to 4,751 points.  Main board transaction volume increased to a record high of HK$505.8 billion.  In terms of technical trends, Hong Kong stocks have reached an extremely overbought level. In addition, it is a long holiday in the Mainland. With the suspension of North Water, trading may shrink, and adjustments may occur at any time. First, it may be pulled back to 20,400 points, and the May high of 19,706 points more support.  After the adjustment, the upward trend resumes, and the Hang Seng Index may reach the high of 22,700 points at the beginning ...