Investment

Hong Kong stocks were soft on the futures settlement day.  The Hang Seng Index opened 44 points lower at 19,558 points and then the decline intensified. It once fell 290 points to 19,312 points, and fell 236 points or 1.2% to 19,366 points for the whole day. The Technology Index fell 66 points or 1.52% to 4,307 points.  Main board transaction volume was HK$108.2 billion.  Minutes of the US Federal Reserve meeting showed that the authorities still intend to cut interest rates to stimulate the economy. The US dollar fell, driving the yuan to rebound, which was good for the performance of Hong Kong stocks the previous day. The Hang Seng Index once approached the resistance of 19,700 points, but it remains to be seen whether the upward trend can be sustained.  After Trump officially takes office in January next year, the proposed tariff policy may slow down the Federal Reserve's interest rate cut. If the US dollar remains strong, it is expected to be detrimental to Hong ...

The rebound in the RMB exchange rate drove Hong Kong stocks to rebound significantly on the eve of futures settlement.  After opening 27 points higher at 19,187 points, the Hang Seng Index fell 97 points to 19,061 points. It then resumed its upward trend and expanded to 501 points in the afternoon, reaching a high of 19,660 points. It rose 443 points or 2.31% throughout the day to 19,603 points.  The technology index rose 152 points, or 3.61%, to 4,374 points.  Main board transaction volume was HK$138.9 billion.  The Hang Seng Index has fallen below the 20-DMA (19,963) and the central axis of the Bollinger Band. In addition, the transaction volume has gradually shrunk, and the technical trend is weak. Once the transaction volume is less than Hk$100 billion , it means that the market has returned to the trend before the mainland's October rescue.  The Hang Seng Index has the opportunity to test the 100-DMA (18,798), investors should be cautious.  European st...

After opening 96 points lower at 19,054 points, the Hang Seng Index rose 144 points to 19,295 points. In the afternoon, there was a struggle between ups and downs. It rose 8 points or 0.04% to 19,159 points for the whole day, ending three consecutive losses; the technology index fell 13 points or 0.31%, reported 4,221 points.  Main board transaction volume was HK$122.2 billion.  Unless the Hang Seng Index can rise above the resistance of the 10-DMA (19,477), it can initially get rid of the weakness. Otherwise, it will test the 100-DMA (18,783) for support.  However, an important meeting will be held on the mainland next month, and new stimulus policy directions are expected, which is expected to drive a rebound in Hong Kong stocks.  Trump announced on Monday (25th) that after taking office, he will impose an additional 10% tariff on Chinese imported goods based on the existing tariffs. Although the increase is far lower than the 60% that Trump had threatened earlier,...

After the Hang Seng Index opened 77 points higher at 19,307 points, it rose 121 points to 19,351 points, and then fell back. It once fell 127 points to 19,102 points. It fell 78 points or 0.41% for the whole day to 19,150 points, recording three consecutive losses; Technology index fell 10 points, or 0.25%, to 4,235 points. The MSCI index adjustment took effect, and the main board turnover increased to HK$183.2 billion.  The investment sentiment in Hong Kong stocks has deteriorated, with the Hang Seng Index falling below the important support of 19,300 points last week. We are currently in a policy vacuum, the market lacks speculation themes, and investment sentiment is cautious. In addition, the exchange rate of the US dollar has strengthened, and non-US currencies such as the renminbi have come under pressure, which has also dragged down the performance of Hong Kong stocks. The trading volume of the market also weakened, and the Hang Seng Index rebounded weakly. After fallin...

Last Friday, after opening 12 points higher at 19,613 points, the Hang Seng Index rose 110 points to 19,711 points in the early morning. Selling pressure intensified in the afternoon and fell 466 points to a nearly two-month low of 19,134 points. It closed down 371 points or 1.89% for the whole day. 19,229 points; the technology index fell 111 points or 2.56% to 4,246 points. Main board transaction volume increased to HK$157.9 billion.  For the whole week, the Hang Seng Index fell 196 points or 1.01%.  Last week, the Hang Seng Index fell below the 4-week-long horizontal zone with a big black candlestick, and fell below the May rebound wave peak of 19,706. The trend took a turn for the worse. Last week, it further fell below the previous rising wave of fibo 0.618 at 19,361, and the daily chart If it falls below the rising flag, it is expected to continue to find the bottom. The next support is the 100-DMA (18,756). This Wednesday (27th) is the peak day for spot-month index f...

Hong Kong stocks repeatedly turned soft.  After opening 58 points lower at 19,646 points, the Hang Seng Index rose 59 points to 19,764 points. Selling pressure increased in the afternoon and once fell 152 points to a low of 19,552 points. It fell 103 points or 0.52% for the whole day to 19,601 points, marking its third consecutive rise. The trend ended; the technology index fell 54 points, or 1.24%, to 4,358 points.  Main board transaction volume was HK$119.2 billion.  Hong Kong stocks have maintained a narrow range recently, and transactions have also decreased significantly. This is mainly due to three major factors. First, the market is worried that the political and economic situation after Trump's election will affect the performance of the Chinese and Hong Kong stock markets. Second, debt interest rates continue to rise, making the cost of capital high. , coupled with the continued strength of the US dollar, is not conducive to the performance of Chinese stocks; thi...

The Hang Seng Index opened 40 points lower at 19,623 points and then held within a narrow range. The difference between the high and low points was only 177 points. It rose 41 points or 0.21% to 19,705 points for the whole day, rising for the third consecutive day. The Technology Index rose 18 points or 0.41% to 4,413 points. point. Main board turnover shrank to HK$114.6 billion.  The Hong Kong stock market maintains a sideways pattern, fluctuating between 19,300 and 20,000 points. It is advisable to hold on to last week's low of 19,332 points, otherwise it will test the previous gap level of 19,000 points, or even the 150-DMA (18,525). The market is mainly affected by mainland China's bailout measures and other factors, such as the possibility that US President-elect Trump will trigger a Sino-US trade war. The Hang Seng Index will have a clear direction only when the situation becomes clearer.  European stock markets rose first and then recovered, with British, French and G...

The Hang Seng Index opened 123 points higher at 19,699 points. The high had risen 181 points to 19,758 points. In the afternoon, it fell 54 points to a low of 19,522 points. It closed up 87 points or 0.44% at 19,663 points for the whole day; the technology index rose 53 points or 1.23%, reported at 4,395 points.  Main board turnover was HK$121.9 billion, the lowest since the week and the fifth consecutive trading day of reduced turnover.  The recent trend of Hong Kong stocks has been dominated by mainland policies. The market was not too convinced by the pace and actual amount of earlier rescue measures, dragging Hong Kong stocks down to the range of 20,000 to 21,500 points last month.  The market still needs time to wait and see the actual effectiveness of the rescue measures. It is difficult for Hong Kong stocks to make a breakthrough in the short term. The short-term resistance of the Hang Seng Index is expected to be at 20,000 points, and the current value probability...

Hong Kong stocks rebounded after six consecutive losses.  The Hang Seng Index opened 169 points higher at 19,595 points and later rose 354 points to 19,781 points. It rose 150 points or 0.77% for the whole day to 19,576 points. The Technology Index rose 13 points or 0.31% to 4,341 points.  Main board transaction volume was HK$141 billion.  Hong Kong stocks will fluctuate between 19,300 and 20,000 points this week. It is advisable to hold on to last week's low of 19,332 points, otherwise it will test the previous gap level of 19,000 points, or even the 150-DMA (18,488).  Last week, the China Securities Regulatory Commission issued the "Supervisory Guidelines for Listed Companies No. 10 - Market Value Management", which aims to further guide listed companies to pay attention to their own investment value and effectively improve investor returns.  The guidelines hope to raise market expectations for investment in Chinese stocks. There is room for value in stocks wi...

Last Friday, the Hang Seng Index opened 67 points higher at 19,503 points and then struggled. The high rose by 172 points to 19,608 points, and the low fell by 103 points to 19,332 points. It fell 9 points or 0.04% throughout the day to 19,426 points; the technology index rose 9 points or 0.22%, quoted at 4,327 points.  Main board transaction volume was HK$155.4 billion.  Hong Kong stocks fell for 6 days in a row. The Hang Seng Index fell from a low of 19,332 to a high of 20,517 last week, with a total loss of 1,301 points in a week.  However, last Friday it fell below the horizontal zone with a big black candlestick, fully covering the rising gap on September 27 (19,954 to 20,268), and fell below the May rebound wave top of 19,706 points, and the trend took a turn for the worse; if 19,361 points were confirmed to have fallen , the initial support should fall back to 100-DMA (18,675), the next support is 150-DMA (18,471), and the weakest situation may see 250-DMA (17,691)...

On the first "turbulent" trading day for the Hong Kong stock market, the Hang Seng Index opened 197 points lower at 19,626 points and once rose 35 points to 19,859 points. Afterwards, selling pressure reappeared and fell 430 points in the afternoon, reaching a low of 19,392 points. It closed down 387 points or 1.95% for the whole day to 19,435 points, falling for the fifth consecutive trading day and falling below the 50-DMA (19,805). The technology index fell 137 points or 3.08% to 4,318 points and fell 20 points from its October high. %, falling into a technical bear market.  Main board transaction volume was HK$173.2 billion.  U.S. inflation data last month were generally in line with expectations. After the data was released, market expectations for an interest rate cut in December increased.  In fact, the market is waiting to see whether Trump will stick to the many policies and actions proposed during the campaign after he takes office as President of the United Sta...

The Hang Seng Index opened 174 points lower at 19,671 points, and then fell 238 points to 19,608 points. In the afternoon, the decline gradually narrowed due to the rebound of A-shares. It closed at 19,823 points for the whole day, down 23 points or 0.11%, and fell for the fourth consecutive time. On the trading day; the technology index fell 1 point, or 0.02%, to 4,455 points.  Main board transaction volume was HK$184.6 billion.  The Hong Kong stock market fell below the 20,000 mark again. The market's weakness was mainly due to two major factors.  First, after Trump won the US election, the market was worried that after he took office, Sino-US relations would become tense again, and the Chinese economy may face further pressure.  In addition, as the US dollar strengthens, the RMB exchange rate continues to depreciate, which is also detrimental to the stock market. After the Hang Seng Index fell below the 20,000 level, it was lucky to hold on to the 50-DMA (19,775) ...

After the Hang Seng Index opened 92 points lower at 20,334 points, it once rose 90 points to 20,517 points, and then came under pressure again. It fell below the 20,000-point mark in the afternoon and once fell 665 points to 19,761 points. It fell 580 points or 2.84% for the whole day. 19,846 points; the technology index fell 194 points or 4.18% to 4,456 points.  Main board transaction volume was HK$234.2 billion.  Hong Kong stocks fell for the third consecutive trading day. Yesterday, the decline intensified after fully covering the upward gap on September 27 (19,954 to 20,268). In the short term, it depends on whether the 50-DMA (19,735) can provide support.  The scale and details of the mainland's bailout plan disappointed the market. The Hang Seng Index fell below the 20,000 mark. The market outlook is expected to fluctuate between 19,735 and 20,000 points.  European stock markets were soft, with British, French and German stocks closing down 1.22%, 2.69% and 2.1...

Mainland China's stimulus measures did not meet market expectations. The Hang Seng Index opened 470 points lower at 20,258 points. It later fell 576 points to a low of 20,151 points. The decline narrowed in the afternoon and closed down 301 points or 1.45% at 20,426 points; the technology index fell. 16 points or 0.35%, reported at 4,651 points.  Main board transaction volume was HK$204.3 billion.  The mainland announced last week a 6 trillion RMB incremental plan to resolve local debt, which fell short of market expectations and dragged down the Hong Kong stock market to undergo a significant adjustment on Monday (11th).  However, it is expected that investors will continue to pay attention to whether there will be further fiscal stimulus policies in the mainland. Heavy technology stocks will also announce their results one after another. It is believed that the seesaw situation will continue after the market adjustment is completed. The upper resistance of the Hang Seng...

The National People's Congress Standing Committee meeting concluded last Friday. The market is looking forward to the introduction of a new round of stimulus measures. Hong Kong stocks opened higher and then fell.  The Hang Seng Index opened 246 points higher, and once soared more than 400 points, hitting a high of 21,355 points. It then fell as much as 248 points, reaching a low of 20,705 points. It finally closed down 225 points, or 1.07%, at 20,728 points. The market turnover exceeded 2,330 billion Hong Kong dollars.  The decline of the Hang Seng Index has slowed down in the past four weeks, and the volatility has narrowed, forming a horizontal zone. Last Friday, it once broke through the narrow horizontal range, but then recovered sharply as it approached the top of the larger range. It is expected that today the Hang Seng Index will cover the rising gap on September 27 (19,954 to 20,268), after finding support, will still fluctuate between 19,700 and 21,600 in the short t...

Investors assessed the prospects of Sino-U.S. relations and hoped that the mainland would step up efforts to rescue the market. The Hang Seng Index opened 152 points lower at 20,386 points, and then turned upward. It once rose 447 points to 20,986 points, rising 414 points or 2.02% for the whole day. 20,953 points; the technology index rose 103 points or 2.25% to 4,677 points.  Main board transaction volume was HK$219.7 billion.  Hong Kong stocks rebounded yesterday, breaking through the rising wave and retreating at 20,900 points of fibo 0.382, with a chance to test the resistance of 21,300 points.  The market is also looking forward to further interest rate cuts by the Federal Reserve and whether stimulus economic policies will be implemented at the important mainland meeting. The Hang Seng Index is expected to maintain a range of 20,000 to 21,500 points.  European stock markets developed individually, with British stocks falling 0.32% and French stocks rising 0.76...

Investors are worried that Sino-US relations will become tense after Republican presidential candidate Trump returns to the White House, putting Hong Kong stocks under pressure.  The Hang Seng Index opened 215 points lower at 20,791 points and later fell 645 points to 20,361 points. It fell 468 points or 2.23% for the whole day to 20,538 points. The Technology Index fell 119 points or 2.54% to 4,574 points.  Main board transaction volume increased to HK$216.8 billion.  It is expected that after Trump takes office, the United States will begin to invest heavily in infrastructure, vigorously develop cryptocurrency, reconstruct the financial system, close bloated government departments, reduce the power of the Federal Reserve, restore manufacturing, strengthen agricultural production, build high-speed rail, highways, and old cities. Transform, support Musk’s Mars plan, restore conservative national values, close borders, expel illegal immigrants, start to increase taxes on o...

The Hang Seng Index opened 157 points lower at 20,409 points, which was already the day's low. It then recovered its losses and rose more and more, and finally closed at the day's highest point of 21,006 points, up 439 points or 2.13%, rising for the third consecutive trading day; Technology Index It rose 161 points or 3.56% to 4,693 points.  Main board transaction volume was HK$169.9 billion.  The market focused on the results of the U.S. presidential election. U.S. stocks came under pressure overnight, but the decline was limited.  Hong Kong stocks are not greatly affected by external factors. Investors are still waiting to see whether further economic stimulus measures will be introduced at the important mainland meeting. The Hang Seng Index is expected to have support at 20,000 points, while the upper resistance is at 21,500 points.  European stock markets developed individually, with British stocks falling 0.14%, French and German stocks rising 0.48% and 0.57% r...

Investors are waiting to watch many major political and economic events this week, and Hong Kong stocks are struggling. The Hang Seng Index opened 78 points higher at 20,584 points, once rose 127 points to 20,633 points, and fell 60 points to 20,446 points. It closed up 61 points or more for the whole day. 0.29%, reported at 20,567 points; the technology index rose 48 points, or 1.07%, reported at 4,532 points.  Main board transaction volume was HK$116.2 billion.  The US presidential election, the Federal Reserve's interest rate meeting and the National People's Congress meeting will all be held this week.  The market expects that the Federal Reserve will have a greater chance of cutting interest rates by 0.25%, but whoever joins the White House will attract more attention. If Trump is elected, the Sino-US trade war may resume, putting pressure on China's exports and even the RMB exchange rate, which will inevitably have a certain impact on Hong Kong stocks.  The sho...

Hong Kong stocks maintained their upward trend throughout the first day of November.  The Hang Seng Index opened 110 points higher at 20,427 points, and later rose 349 points to 20,667 points. It closed up 189 points, or 0.93%, at 20,506 points throughout the day. The Technology Index fell 15 points, or 0.33%, to 4,483 points.  Main board transaction volume was HK$141.4 billion.  The Hong Kong stock market ended in decline in October. The Hang Seng Index adjusted the 0.5 times golden ratio of the previous rise and found support when it fell to the rising gap on September 27 (19,954 to 20,268), which did not destroy the mid-term rise.  The decline has slowed in the past two weeks, but there is no signal that the correction is complete.  Due to the narrowing of volatility, large opportunities are consolidating sideways, fluctuating between 19,700 and 21,700 in the short term, waiting for a breakthrough.  The trend of Hong Kong stocks in November will depend o...