Investment 27/11/2024

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, due to the The U.S. exchange rate index was strong, and the offshore RMB once fell below 7.27 per dollar, hitting its lowest level since the end of July, which also restricted the trend of Hong Kong stocks.


 European stock markets were soft, with British, French and German stocks falling 0.4%, 0.87% and 0.56% respectively. Led by automobile and chip stocks, the Nikkei closed down 0.87%.


 U.S. stocks rose on Tuesday after Trump announced additional tariffs on China, Canada and Mexico, causing market concerns. However, large technology stocks rose.  After the Dow opened 121 points lower, the decline once expanded to 309 points, with a low of 44,426 points. It then turned higher from the low, rising by as much as 166 points, and peaked at 44,903 points. At 6,025 points, the S&P 500 and the Dow also closed at record highs; the Nasdaq, which is dominated by technology stocks, also closed close to the day's high.


 At the close of U.S. stocks, the Dow rose 123 points, or 0.28%, to 44,860 points; the S&P 500 rose 34 points, or 0.57%, to 6,021 points; and the Nasdaq rose 119 points, or 0.63%, to 19,174 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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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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