Investment 13/1/2025

The People's Bank of China temporarily suspended its purchase of government bonds in the open market, and Hong Kong stocks fluctuated and were weak.  The Hang Seng Index opened 87 points higher at 19,328 points, and then rose as much as 129 points to 19,370 points. Selling pressure reappeared afterwards, and fell 204 points in the afternoon to 19,036 points, barely holding the 19,000 mark. The index closed down 176 points or 0.91% for the day at 19,064 points; the technology index fell 50 points or 1.17% to 4,260 points.  The Main Board's turnover was HK$144.6 billion.


 The Hang Seng Index fell for five trading days last week, with a cumulative drop of 695 points or 3.52%.


 The mainland is waiting for US President-elect Trump to officially take office before launching new measures to deal with the situation. The market is currently in a wait-and-see mood, and the high US 10-year bond yields have affected the performance of US and Hong Kong stocks.  It is expected that the Hong Kong stock market will fluctuate in a narrow range of 19,100 to 19,500 points in the short term.  Investors can pay attention to HSBC Holdings at this stage. Its dividend yield is attractive and it will also benefit from the expectation of easing financial industry regulations after Trump takes office. Its share price is expected to challenge the 80 yuan mark.


 European stock markets fell across the board, with UK, French and German stocks falling 0.86%, 0.79% and 0.5% respectively.


 The growth of non-agricultural jobs in the United States accelerated to 256,000 in December last year from 212,000 in November, the largest increase since March last year. The strong data, coupled with the sharp rise in consumer inflation expectations, has made the market more optimistic about the Fed's interest rate cut. Expectations have cooled significantly, and the US stock market was under significant pressure on Friday. The Dow opened 94 points lower and then fell 757 points to 41,877 points. The S&P 500 fell as much as 1.87%, wiping out its gains this year. The Nasdaq fell 2.36% at one point.


 At the close of U.S. stocks, the Dow Jones Industrial Average was still down 696 points, or 1.63%, to 41,938 points; the S&P 500 fell 91 points, or 1.54%, to 5,827 points; and the Nasdaq fell 317 points, or 1.63%, to 19,161 points.


 The U.S. dollar index rose as much as 0.72% to 109.97; the euro fell 0.83% to $1.0215; the pound fell 0.93% to $1.2192; and the yen depreciated 0.46% to 158.87 per dollar.

留言

張貼留言

這個網誌中的熱門文章

Investment 29/4/2026

圖片
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...
閱讀完整內容

Investment 24/4/2026

圖片
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...
閱讀完整內容

Investment 27/4/2026

圖片
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 ...
閱讀完整內容