Investment 22/1/2025

The Hang Seng Index opened 202 points higher at 20,128 points, then fell 5 points to a low of 19,920 points. It then resumed its upward trend, rising 279 points to a high of 20,205 points. The Hang Seng Index rose 180 points or 0.9% to 20,106 points for the day, rise six consecutive days .  The technology index rose 98 points, or 2.14%, to 4,693 points.  The Main Board's turnover was HK$147.9 billion.


 The RMB exchange rate rose overnight, and the fact that US President Trump did not make any final decision on tariffs on China at his inauguration ceremony was beneficial to the performance of the Chinese and Hong Kong stock markets, driving the Hang Seng Index to stabilize at the 20,000 mark.  However, the US economy is still improving, inflation is still at a stubborn level, and there is limited room for interest rate cuts. With the US dollar still strong, the strength of the RMB is unlikely to continue, and the Hang Seng Index is expected to have limited upward momentum.


 European stock markets stabilized at the close, with French stocks performing relatively well by rising 0.48%, while British and German stocks closed up 0.33% and 0.25% respectively.


 U.S. stocks rose on the first trading day after U.S. President Trump took office, and market sentiment was not affected by his threat to impose 25% tariffs on Canada and Mexico.  The Dow Jones Industrial Average opened 40 points higher on Tuesday, and its gains expanded to 562 points, reaching 44,050 points; the S&P 500 rose as much as 0.91%, and the Nasdaq, which is dominated by technology stocks, rose as much as 0.81%.


 At the close of the U.S. market, the Dow Jones Industrial Average rose 537 points, or 1.24%, to 44,025 points; the S&P 500 rose 52 points, or 0.88%, to 6,049 points; and the Nasdaq rose 126 points, or 0.64%, to 19,756 points.


 The U.S. dollar reversed its decline on Monday, while the Canadian dollar fell as much as 1.42% to 68.89 U.S. cents under the threat of tariffs; the Mexican peso plummeted 1.43% to 20.7987 per dollar; and the euro fell 0.71% to $1.0342.  The market continued to bet on a rate hike by the Bank of Japan after its meeting on Friday, with the yen rising above 155 per dollar, rising as much as 0.54% to a one-month high of 154.78 per dollar.


 US President Trump reiterated his intention to regain control of the Panama Canal in Central America. The Panamanian government also announced that it would launch a comprehensive investigation into the renewal process of the Chinese company "Panama Ports Corporation", which owns the port concession rights at both ends of the canal.

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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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