Investment 24/10/2024

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 19,954 points on September 26, the market outlook will have the opportunity to find a bottom and test the 19,361 points supported by the 0.618 times increase before the correction.


 European stock markets came under pressure, with British, French and German stocks closing down 0.58%, 0.5% and 0.23% respectively.


 U.S. bond interest rates continued to rise, with the 10-year bond interest rate continuing to rise by up to 5.6 basis points to 4.264%, and the interest rate-sensitive 2-year bond interest rate rising by 5.2 basis points to 4.089%.  Coupled with the poor performance of the latest results of giant companies, U.S. stocks came under pressure on Wednesday. After the Dow opened 90 points lower, the decline once expanded to a maximum of 631 points and hit a low of 42,293 points. After falling for three days in a row, the S&P 500 dropped another 1.52% on Wednesday. The technology-heavy Nasdaq fell as much as 2.3%.


 At the close of U.S. stocks, the Dow Jones Industrial Average fell 409 points, or 0.96%, to 42,514 points; the S&P Index fell 53 points, or 0.92%, to 5,797 points; and the Nasdaq Composite fell 296 points, or 1.6%, to 18,276 points.


 The U.S. dollar index rose as much as 0.48% to 104.57, and the yen fell 1.4% to 153.19 per dollar, hitting a three-month low.  An ECB official said that the December meeting may significantly cut interest rates. Money markets are now betting that the bank has a 40% chance of deciding to cut interest rates by 0.5%. The euro fell, falling 0.35% to $1.0761.

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Investment 29/4/2026

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The Hang Seng Index opened 111 points lower at 25,814 and continued its downward trend, falling as much as 316 points in the afternoon to a low of 25,609. It closed down 245 points, or 0.94%, at 25,679. The Technology Index fell 112 points, or 2.28%, to 4,827. Total market turnover was HK$262.3 billion. It is anticipated that the US and Iran will not reach a negotiation agreement soon; furthermore, the liquidity drain and the upcoming May Day holiday have contributed to the two consecutive days of decline in Hong Kong stocks. The Hang Seng Index may test the support level of the 250-day moving average (25,404), while the 100-day moving average (26,098) will turn from support to resistance. Investors should not rush into the market now but should adopt a risk-averse strategy, waiting for the Hang Seng Index to potentially fall to the 24,409 level before considering buying on dips to position for a rebound. European stocks traded mixed, with the UK FTSE 100 rising slightly by 0.11%, whil...
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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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