Investment

After opening higher, Hong Kong stocks repeatedly turned soft, hovering around 20,000 points.  After opening 34 points higher to 20,124 points, the Hang Seng Index once fell below the 20,000-point mark, reaching a low of 19,968 points. It closed down 49 points, or 0.24%, at 20,041 points throughout the day; the Technology Index fell 37 points, or 0.84%, to 4,500 points.  Market turnover was approximately HK$128.6 billion.  Hong Kong stocks will only be open for half a day on New Year's Eve today and will be closed on New Year's Day on Wednesday.  The market atmosphere is weak during the holiday season. The Hang Seng Index is expected to hover around 20,000 points in the short term, with high and low fluctuations ranging from 19,600 points to 21,000 points. The market is still waiting to see the details of the central government’s issuance of 3 trillion RMB treasury bonds, as well as the details of the US president-elect. Trump’s actions after he officially takes offi...

Hong Kong stocks resumed trading within a narrow range after the Christmas holiday, with the day's high volatility being only 174 points.  After opening 14 points or 0.08% lower, the Hang Seng Index once rose 86 points to 20,184 points and fell 7 points or 0.04% for the whole day. The Technology Index rose 30 points or 0.69% to 4,538 points.  The market's turnover for the whole day was HK$139.5 billion.  The Hang Seng Index has fluctuated between 19,100 and 20,400 points in the past few weeks. The Bollinger Band continues to narrow, and the 100-day moving average (19,299) is an important support. It is best to hold on and not lose it, otherwise the Hang Seng Index may test the 250-DMA (17,995) i.e. dividing line between bull and bear.   The mainland plans to issue a total of 3 trillion RMB of special government bonds next year to cope with deflation that may be caused by the economic downturn and the possibility that the United States will significantly increase...

Hong Kong stocks opened for trading on Christmas Eve and exceeded the 20,000 mark for Christmas.  The Hang Seng Index opened 28 points higher at 19,911 points and then gradually expanded its gains. It once rose 282 points to 20,165 points and closed up 215 points, or 1.08%, at 20,098 points. The Technology Index rose 49 points, or 1.11%, to 4,507 points.  Half-day main board turnover was HK$84.5 billion.  Before the end of the year, the market's trading volume has become quiet. After the Hang Seng Index breaks through the 20,000 mark, the real challenge lies in whether it can further rise above 21,000.  Recently, mainland bank stocks have performed well. However, in order to stimulate the economy, the mainland has adopted a moderately loose monetary policy. As mainland banks shoulder a heavy responsibility, it may drag down profit growth. Asset quality also deserves attention. It is difficult for the sector to gain momentum again.  In European stock markets on T...

The Hang Seng Index opened 122 points higher at 19,843 points and then maintained its upward trend. It rose as much as 216 points to 19,937 points. It rose 162 points or 0.82% for the whole day to 19,883 points. The Technology Index rose 13 points or 0.3% to 4,457 points.  Main board transaction volume was HK$127.3 billion.  On the eve of the long Christmas holiday, Hong Kong stocks still have half-day trading this week. The market trading is expected to be quiet, and the Hang Seng Index will remain at the 19,500 to 20,000 point level in the short term.  After US President-elect Trump takes office next month, global markets may become more volatile. However, if Sino-US trade relations are not as strong as expected and more favorable policies are introduced on the mainland, Hong Kong stocks may have a chance to break the 20,000 mark and even challenge 21,000. Point level.  European stock markets lacked direction, with British stocks rising 0.22%, French and German sto...

The Hang Seng Index opened 55 points lower at 19,697 points and then struggled. It once rose 123 points to 19,875 points, and ended the day down 31 points, or 0.16%, at 19,720 points. The Technology Index rose 4 points, or 0.1%, to 4,444 points.  Main board transaction volume was HK$178.4 billion.  The Hong Kong stock market rose at the beginning of this month and seemed to be on the verge of breaking through. However, there was considerable pressure to retreat and the trading volume decreased. The volatility of the Hang Seng Index's plus channel narrowed and turned into a sideways market, rising and falling between 19,100 and 20,400. The central axis of the channel and the 100-DMA ( 19,183) has support; the upward 50-DMA (20,073) has resistance.  The latest U.S. economic data is improving, and market expectations for the Federal Reserve to cut interest rates next year have cooled.  However, the Bank of Japan kept interest rates unchanged, the yen weakened, and the U...

The Hang Seng Index opened 254 points lower at 19,610 points. The low was down 273 points to 19,591 points. The decline narrowed to 15 points in the afternoon. It fell 112 points or 0.56% for the whole day to 19,752 points. The Technology Index fell 29 points or 0.65% to 19,752 points. 4,439 points.  Main board transaction volume was HK$142.8 billion.  The U.S. Federal Reserve cut interest rates by 0.25% as expected, but Chairman Powell made "hawkish" remarks, and market expectations for the Fed to cut interest rates sharply cooled. The dot plot shows that the number of interest rate cuts next year may be reduced to two.  The U.S. 10-year bond yield hit the 4.5% level. U.S. stocks rose first and then fell overnight, with the Dow Jones Industrial Average falling more than a thousand points.  Amid the strong US dollar, downward pressure on the RMB is expected to drag down the performance of Chinese stocks, and Hong Kong stocks will inevitably be affected.  The Han...

The Hang Seng Index opened 184 points higher at 19,884 points, and rose 253 points to 19,953 points in the afternoon. It rose 164 points, or 0.83%, to 19,864 points throughout the day; the Technology Index rose 79 points, or 1.81%, to 4,468 points.  Main board transaction volume was HK$107.5 billion.  The performance of Hong Kong stocks was mixed. The Hang Seng Index rebounded after falling for three days in a row and recovered the 20-DMA (19,730).  In the short term, it is expected to fluctuate around 19,800 points.  Towards the end of the year, fund managers are winding down their operations one after another, and investors' desire to enter the market is also weak. In the absence of funds, it is difficult for the stock market to perform well.  U.S. stocks weakened, with the Dow Jones Industrial Average falling for ten consecutive days.  The market is waiting to see the outcome of the U.S. Federal Reserve's interest rate meeting.  US President-elect T...

After opening 117 points lower at 19,678 points, the Hang Seng Index once fell 174 points to 19,620 points. It rose 135 points in the afternoon and reached a high of 19,930 points. Afterwards, the selling pressure returned and closed down 95 points or 0.48% at 19,700 points, falling the 20-DMA (19,722)fell for the third consecutive trading day; the technology index fell 25 points or 0.58% to 4,389 points. Main board transaction volume was HK$131.9 billion.  The Hong Kong stock market is currently at great risk to the downside, with the 20,000 level becoming a resistance. Even if it reaches this level again, the resistance at 20,800 will be greater. With the US President-elect Trump taking office, it is believed that more policies that are unfavorable to China will be introduced, and the market outlook is expected to be at 19,000 points. The level rises and falls, and turns and weakens.  European stock markets developed individually, with British and German stocks falling 0.81...

After opening 24 points lower at 19,947 points, the Hang Seng Index once rose 77 points to 20,049 points. It then fell into a correction and fell as much as 245 points to 19,726 points. It fell 175 points or 0.88% for the whole day to 19,795 points; the technology index fell 64 points. or 1.44%, at 4,414 points.  Main board transaction volume was HK$134 billion.  Investors will be more cautious before seeing the details of the mainland's support policies. Hong Kong stocks will inevitably maintain a consolidation pattern in the short term and will test the support of the previous low of 19,566 points. If it falls, it will meet the 100-DMA (19,055).  However, the mainland is still likely to implement monetary easing policies such as lowering the reserve requirement ratio this year, which is expected to bring rebound opportunities for Hong Kong stocks, with the market looking at the 20,800-point to 21,300-point area.  On the other hand, the market is ushering in a super...

The Hang Seng Index opened 158 points lower at 20,238 points last Friday and the decline intensified. It fell 469 points to 19,927 points in the afternoon and fell 425 points or 2.08% to 19,971 points for the whole day. The Technology Index fell 121 points or 2.63% to 4,479 points. Main board transaction volume was HK$158.4 billion.  To summarize the whole week, the Hang Seng Index rose by 105 points or 0.53%.  The details of the Central Economic Work Conference have been released, proposing a broad policy framework such as domestic demand. The outside world has already expected it, but the market is more looking forward to actual figures, such as whether consumer vouchers will be distributed and what the amount will be if so. I believe the conference will stimulate the market. Limited effect. Hong Kong stocks are expected to return to quietness. Mainland China hopes that the financial market will be stable and the stock market is not expected to fall sharply. The upper resi...

After the Hang Seng Index opened 58 points higher at 20,213 points, it fell 33 points to 20,121 points. It then resumed its upward trend and rose 391 points to 20,546 points. It rose 242 points or 1.2% for the whole day to 20,397 points; the technology index rose 69 points or 1.52%, quoted at 4,600 points.  Main board transaction volume was HK$157.7 billion.  The market lacks direction, and the Hang Seng Index has returned to calm after a surge. Yesterday, the Hang Seng Index closed at the 50-DMA (20,313). It is expected that the short-term will mainly hover above 20,000 points, waiting for opportunities to rise; if it falls below the previous low 19,566, it will run rampant in the lower range.  The trend of technology platform stocks has weakened, but mainland consumer stocks and stocks with low export correlation are relatively less affected by market conditions, and the sector is expected to have certain defensive power.  The Politburo meeting held recently in the...

After opening 93 points higher at 20,404 points, the Hang Seng Index rose 170 points to 20,481 points. It then fell back repeatedly, once falling 211 points and reaching a low of 20,100 points. It fell 156 points or 0.76% for the whole day to 20,155 points; the technology index fell 60 points  or 1.31%, reported at 4,531 points.  Main board transaction volume was HK$141.6 billion.  The mainland recently stated that it will implement a more active fiscal policy and a moderately loose monetary policy in 2025, saying that it must stabilize the property and stock markets, and vigorously boost consumption.  The Central Economic Work Conference will be held on Wednesday (11th), and the market expects that more specific measures may be introduced.  The Hong Kong stock market has soared in recent days, but there was a one-day reversal last day, with 21,000 gained and lost again, and today it fell below the 50-DMA (20,354).  In the short term, we should pay attentio...

The Mainland has relaxed its monetary policy tone after 14 years. The Hang Seng Index opened 655 points higher at 21,070 points. All Hang Seng Index bear contracts with call prices between 20,400 and 21,000 points were forcibly withdrawn. After the "bear slaughter", Hong Kong stocks gradually turned lower.  The Hang Seng Index once fell 105 points to a low of 20,308 points in late trading. It fell 102 points, or 0.5%, to 20,311 points throughout the day, ending its two-day rally. The Technology Index fell 64 points, or 1.39%, to 4,591 points.  Main board transaction volume was HK$247.5 billion.  The mainland has a positive attitude towards supporting the economy, but the relevant rhetoric is only directional and the actual results remain to be seen.  The market still has room for speculation in the short term, but whether the Hang Seng Index's 50-DMA (20,373) can stabilize is critical.  If details of incremental measures are released at the Central Economic Work...

The Political Bureau meeting of the CPC Central Committee proposed to implement a more active fiscal policy and a moderately loose monetary policy next year to expand domestic demand and stabilize the property and stock markets.  After opening 133 points lower at 19,732 points, the Hang Seng Index once fell to 19,700 points. It rose rapidly near the end of the market, once soaring 567 points to 20,433 points. It closed up 548 points or 2.76% at 20,414 points for the whole day; the technology index rose 192 points or 4.3 points. %, reported 4,656 points.  The full-day transaction volume surged 26.87% from the previous trading day to 206.645 billion yuan, the most in the past month.  The Hang Seng Index rose sharply, hitting a new closing high in the past month, surpassing the recent high of 19,900, crossing the resistance of 20,000 points, and the 50-DMA (20,380). It also broke through the falling wedge formed since early October. If it can hold 20,000 point, and based on ...

Hong Kong stocks rebounded on Friday after falling for two days in a row.  After opening 51 points higher at 19,611 points, the Hang Seng Index expanded to 374 points during the session, reaching a high of 19,934 points. It rose 305 points, or 1.56%, to 19,865 points throughout the day; the Technology Index rose 94 points, or 2.16%, to 4,464 points.  Main board transaction volume was HK$162.7 billion.  Summarizing the whole week, it rose by 442 points or 2.28%, rising for two consecutive weeks.  Investors are paying attention to whether more economic stimulus measures will be introduced at the important mainland meeting on Wednesday.  Since the Hang Seng Index has broken through the resistance of the 20-DMA (19,595), if it can rise above the top of the recent horizontal zone of 19,900 this week and stand firm above it, it will have a high chance of challenging the 20,000 level to complete the recent adjustment; otherwise, if it turns around and falls below last ...

The Hang Seng Index opened 163 points lower at 19,578 points and then remained soft. The decline once extended to 275 points and hit a low of 19,466 points. It fell 182 points or 0.92% for the whole day to 19,560 points. The Technology Index fell 33 points or 0.76% to 4,370 points. .  Main board transaction volume was HK$109.3 billion.  The U.S. "small non-farm payrolls" ADP private employment growth in November was weaker than expected, reinforcing market expectations for the Federal Reserve to raise interest rates. The three major U.S. stock indexes all hit record highs overnight.  However, the positive external atmosphere has limited stimulating effect on Hong Kong stocks. The US dollar continues to be strong, and investors are worried about the impact of RMB depreciation on Chinese stocks.  In addition, the market is also waiting to see whether the Mainland's Central Economic Work Conference to be held next Wednesday will introduce further economic stimulus polic...

After opening 24 points lower at 19,722 points, the Hang Seng Index fell 130 points to 19,615 points, and then rose 76 points to 19,823 points. It fell slightly by 3 points or 0.02% for the whole day to 19,742 points; the technology index fell 13 points or 0.31%, reported 4,404 points.  Main board transaction volume was HK$131.1 billion.  The window dressing effect of traditional December funds will not be too great this year. The market is still waiting to see the US President-elect Trump’s China policy after he takes office early next year. It is expected that the bullish pattern of Hong Kong stocks will not change. The Hang Seng Index will continue to trade at the 100-day line (18,895) to 20,000 points. Narrow range up and down.  Some market participants believe that the continued instability of the Trump cabinet will make it less able to deal with China's international geopolitical challenges in the next four years than it will be during Biden's term.  Therefore,...

Hong Kong stocks have done well repeatedly.  The Hang Seng Index opened 35 points higher at 19,585 points. It fell 163 points in the early stage to a low of 19,386 points. It then turned upward and rose 218 points to 19,768 points. It rose 196 points or 1% for the whole day to 19,746 points.   Technology The index lagged behind, rising 12 points or 0.27% to 4,417 points.  Main board transaction volume was HK$126.6 billion.  The Hang Seng Index rose for the third consecutive trading day, and was indeed constrained by the resistance of the 20-DMA (19,748).  If today's adjustment can still hold the 10-DMA(19,454), the market outlook is expected to challenge the 20,000 level.  Although the trend of Hong Kong stocks is dominated by mainland policies, the market is not too convinced by the pace and scale of earlier rescue measures. It seems that it has failed to boost investor confidence. It remains to be seen whether the Central Economic Work Conference next Wed...

Hong Kong stocks performed well repeatedly on the first trading day of December.  The Hang Seng Index opened 18 points higher at 19,442 points and maintained an upward trend for most of the time thereafter, rising as much as 266 points to 19,690 points. It rose 126 points or 0.65% throughout the day to 19,550 points; the Technology Index rose 52 points or 1.2% to 4,405 points. point.  Main board transaction volume was HK$146 billion.  Yesterday, the Hang Seng Index regained the 10-DMA (19,445) as expected. I believe that as investors' pessimism eases, the market is expected to stabilize. If it can break through the resistance of the 20-DMA (19,811), it is expected to challenge the 20,000 level in the short term.  Mainland economic data is gradually recovering, with the official manufacturing purchasing managers index (PMI) remaining in the expansion range for the second consecutive month. The market is looking forward to the important meeting held in the Mainland thi...

Hong Kong stocks saw mixed trends on the last trading day of November.  After opening 20 points lower at 19,346 points, the Hang Seng Index once fell 54 points to 19,312 points, and then shot up 291 points to 19,658 points. However, the selling pressure reappeared later, and the whole-day gain fell back to 56 points or 0.29%, to 19,423 points. ; The technology index rose 45 points, or 1.06%, to 4,353 points.  Main board transaction volume was HK$133.5 billion.  To summarize, in November, the Hang Seng Index fell by 893 points or 4.39%; the Technology Index also fell by 3.23%.  Beishui saw large inflows into Hong Kong stocks, absorbing another HK$7.81 billion  in a single day on Thursday (28th).  Although north water continues to flow in, Hong Kong stocks have seen a slowdown in trading recently.  The Hang Seng Index rose to the large double-bottom neckline of 22,700 points in early October and was blocked from adjustment. It fell below the 4-week-long ...