Investment 24/1/2025

Hong Kong stocks fell for two consecutive days. The Hang Seng Index opened higher by 102 points or 0.52% at 19,881 points. It rose by 265 points to 20,044 points in the morning session, but fell in the afternoon. The Hang Seng Index fell by 78 points or 0.4% to 19,700 points. The Technology Index fell by 65 points or 1.43% to 4,515 points. The market turnover exceeded HK$148.5 billion.

 The market estimates that Trump will switch to gradually increasing tariffs to reduce the impact on the United States. The Hang Seng Index may present short-term trading opportunities, but policy uncertainty remains a shadow over the market and should not be taken lightly. Hong Kong-listed companies' earnings growth is weak and still needs to be boosted by a strong stimulus package from the mainland. Therefore, under the constraints of basic factors, it is difficult for the market to see a sustained upward trend. Although the mainland has taken measures to support the development of the A-share market and drive the mainland stock market upward, the Hong Kong stock market has not benefited directly and the rebound momentum is not strong. In addition, the Lunar New Year holiday is approaching, and it is difficult for the market to make a big breakthrough in the short term. The Hang Seng Index is expected to be around the 20-DMA(19,620) and 20,500 points.

 European stock markets were stable, with UK, French and German stocks rising 0.23%, 0.7% and 0.74% respectively.

 US President Trump claimed that he was seeking an immediate interest rate cut from the Federal Reserve and urged the Organization of the Petroleum Exporting Countries (OPEC) to lower oil prices. The news was positive for the investment sentiment of the US stock market, and the three major indexes closed at their highest levels of the day on Thursday. The Dow opened 43 points lower and then turned around and rose. After Trump's speech, the increase continued to expand to more than 400 points. The S&P 500 hit a new intraday and closing high. The Nasdaq, which is dominated by technology stocks, fell 0.58% at one point and then fluctuated at a low level. up.

 At the close of the U.S. market, the Dow Jones Industrial Average was at 44,565, up 408 points, or 0.92%; the S&P 500 rose 32 points, or 0.53%, to 6,118; and the Nasdaq rebounded 44 points, or 0.22%, to 20,053.

 The US dollar index rose by as much as 0.31% to 108.51, and then fell slightly; the euro fell by 0.31% to a low of $1.0378, and then stabilized; the Bank of Japan is expected to raise interest rates by 0.25% after its meeting on Friday, bringing the benchmark interest rate to 0.5%, the yen rose as much as 0.5% to 155.75 per dollar.

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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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