Investment

The Hong Kong stock market fluctuated on the futures settlement day. The Hang Seng Index opened 4 points lower at 23,783 points, then rose 288 points to a three-year high of 24,076 points. It then came under pressure again, falling 346 points to 23,441 points, and fell 69 points or 0.29% for the day to 23,718 points; the Technology Index fell 72 points or 1.22% to 5,881 points. Main Board turnover increased to HK$406.4 billion.  The Hang Seng Index of 24,000 points has become a new resistance level for Hong Kong stocks. The Hang Seng Index has risen from 19,000 points to the current level without any major decline. Although the trading volume has cooperated, due to the serious overbought situation, there will inevitably be a moderate adjustment, and if the Fibo 0.328 of the rise will be seen at the 22,360 point level. Next is the earnings season for Hong Kong stocks. We should pay attention to the performance, outlook and AI application guidance of technology stocks. Mainland ec...

On the day when the budget was announced, the Hang Seng Index opened 204 points higher at 23,238 points, and the increase expanded to 939 points in the afternoon, reaching a three-year high of 23,973 points. It rose 753 points or 3.27% to 23,787 points throughout the day; the Technology Index rose 254 points or 4.47% to 5,953 points.  The main board traded HK$370.1 billion .  Hong Kong stocks rebounded on Wednesday (26th), with high market turnover and continued inflow of northbound funds, reflecting a strong market bottom. In addition, it was rumored that DeepSeek planned to release its new generation AI model R2 ahead of schedule, further boosting the sentiment of Hong Kong stocks.  As long as the Hang Seng Index remains above the 10-DMA (22,919), it is not advisable to be bearish.  European stock markets hit a record high, with the pan-European Stoxx 600 index rising 1.15%, surpassing last week's intraday high, and still closing up 0.99%; French and German stocks ...

As investors' concerns about tariffs intensified, the Hang Seng Index opened 625 points lower at 22,716 points, hitting an all-day low. The decline later narrowed to 93 points and closed down 307 points or 1.31% at 23,034 points. The Technology Index fell 90 points or 1.56% to 5,698 points. The main board traded HK$ 329.5 billion .  Although the Hong Kong stock market has successfully broken through the highs in early October, there is a certain profit-taking pressure when rising to the current level. In addition, US President Trump said that he would implement the tariff increase action on Canadian and Mexican imports as scheduled, which has made the market pay attention to the Sino-US trade war again. The Hang Seng Index is temporarily holding 23,000 points, but 22,700 points is a more critical defensive position. Once it is confirmed to be lost, there is a chance to test 21,500 points. The risk-return rate of entering the market at the current level is not high.  European...

The Hang Seng Index opened 5 points lower at 23,472 points, and fell 256 points to 23,221 points at a while. It then rose 210 points to 23,688 points, setting a new 3-year high. It fell 136 points or 0.58% for the day to 23,341 points. The Technology Index fell 69 points or 1.19% to 5,789 points.  The main board traded HK$356 billion .  The market is still blindly speculating on the DeepSeek concept, but the Hong Kong stock market is seriously overbought. At this stage, after the Hang Seng Index has risen above the 23,000 point mark, it will consolidate at this position in the short term. If it can hold the 22,700 level, the mid-year Hong Kong stock market target will remain unchanged at 25,000 points.  Those who do not hold stocks at this stage can wait for the Hong Kong stock market to fall below 23,000 or fall back to around 22,500 points before considering buying. Investors can pay attention to technology and internet stocks, Chinese financial stocks, and agriculture-...

After opening 513 points higher at 23,090 points, the Hang Seng Index temporarily slowed down to below 23,000 points, and then expanded its gains to close at an intraday high of 23,477 points, up 900 points or 3.99%, setting a nearly three-year high; the Technology Index rose 359 points or 6.53% to 5,859 points.  The main board traded HK$393.5 billion .  The Hang Seng Index hit a low of 22,319 points last week and a high of 23,477 points, a weekly increase of 857 points or 3.79%.  The Hang Seng Index hit a high of 23,241 in early October last year and then adjusted, falling to around 19,000 and then rebounding. It approached the top of the large sideways zone at 22,700 last week and continued to rise. If it stabilizes above 23,241 points this week, the upward trend will be confirmed, and the mid-line measured increase may reach 30,500 points.  However, the Hong Kong stock market is already seriously overbought and the Hang Seng Index will adjust in the short term. Su...

The Hang Seng Index opened 227 points lower at 22,716 points and continued to fall, falling 508 points to 22,436 points. It fell 367 points or 1.6% for the day to 22,576 points; the Technology Index fell 172 points or 3.03% to 5,500 points. The main board traded HK$283.9 billion .  Although the market turnover continued to be brisk past days, there were signs of a slowdown in capital inflows, reflecting that investors' attitude towards entering the market has become more cautious. The Hong Kong stock market has retreated in the short term, with support at 22,000 points. It is expected to rise further after consolidation. If it breaks the resistance of 22,700 points, it may test the high of 23,241 points in October last year. Citigroup raised its year-end target for the Hang Seng Index to 24,500 points.  HSBC's performance last quarter exceeded expectations. Goldman Sachs maintained its "buy" rating on HSBC and raised its target price from HK$93 to HK$103.  European ...

The Hang Seng Index opened 199 points lower at 22,777 points, and then fell 327 points to 22,649 points. It was subsequently extended and the decline was narrowed to 1 point. It fell 32 points or 0.14% for the day to 22,944 points. The Technology Index outperformed, rising 33 points or 0.58% to 5,672 points.  The main board traded HK$262.5 billion .  The decline in trading volume was 22%.  HSBC Holdings earned more than 6.46% more than expected last year, and its fourth dividend was US$0.36 per share, bringing the total dividend per share to US$0.87 in 2024, including a special dividend of US$0.21 per share.  And plans to spend up to US$2 billion to repurchase.  HSBC Holdings' share price closed up 1.3% at HK$88.4 .  The shadow of the US's imposition of tariffs has not yet dissipated, and many heavyweight stocks will release their report cards one after another. A number of large-scale technology stocks have also seen a pullback. In addition, the Hang Seng ...

The Hong Kong stock market regained and then lost the 23,000 mark.  The Hang Seng Index opened 48 points higher at 22,664 points, and then rose 525 points to a four-month high of 23,141 points. The upward trend then slowed down, rising 360 points or 1.59% to 22,976 points throughout the day, hitting a four-month high again; the Technology Index rose 139 points or 2.54% to 5,639 points.  The main board traded HK$ 338.6 billion .  After a round of sharp rise, the Hang Seng Index has increased by 21.7% compared with the previous low of 18,874 points in early January. Although it meets the definition of a technical bull market, the market is already overbought, and the positive factors brought by the hype of DeepSeek have been reflected to a certain extent. It is expected that the Hang Seng Index will adjust and first return to 22,700. If the adjustment continues, it will have great support at 21,500 points.  Once companies enter the earnings season in March and there is...

The market paid attention to the symposium on private enterprises in the Mainland. The Hang Seng Index opened 134 points higher at 22,755 points, and the increase once expanded to 356 points, reaching a high of 22,977 points. However, profit-taking emerged afterwards and the decline widened to 301 points in the afternoon, reaching a low of 22,319 points. The Hang Seng Index fell slightly by 4 points or 0.01% to 22,616 points for the whole day; the Technology Index fell 26 points or 0.48% to 5,499 points. Main board turnover increased to HK$ 400.2 billion .  Although the DeepSeek concept has triggered a revaluation wave in the Chinese and Hong Kong stock markets, after a round of speculation, the market may have limited room to rise further. It is not ruled out that the Hang Seng Index may need to consolidate around the 10-DMA (22,595) before moving up. The short-term resistance is at the high of 23,241 points in October last year. If the short-term adjustment continues, the suppo...

The Hang Seng Index opened 212 points higher at 22,027 points, and then extended gains in the afternoon, closing at the intraday high of 22,620 points, up 805 points or 3.69%. The Technology Index rose 290 points or 5.55% to 5,526 points.  The main board traded HK$ 364.6 billion . For the whole week, the Hang Seng Index rose 1,486 points or 7.03%.  Hong Kong stocks turned to decline last Thursday, a day with large transactions. It was a reasonable correction after a sharp rise, and the upward trend was resumed on Friday (14th).  Looking back, the Hang Seng Index broke through the 21,000-point resistance with a large white candlestick last week, and further approached the top of the large sideways zone at 22,700 points last week. This week, as long as the Hang Seng Index holds the 10-DMA (22,421), if it breaks through the high of 23,241 points in October last year and stabilizes, it will be confirmed that it has broken through the large sideways zone, and the mid-line meas...

As investors were looking forward to a ceasefire between Russia and Ukraine and the mainland's artificial intelligence (AI) craze continued, the Hang Seng Index opened 100 points higher at 21,958 points, and rose 665 points to 22,523 points in the afternoon, hitting a more than four-month high. However, selling surged afterwards and the Hang Seng Index quickly fell back, losing the 22,000 mark. It fell 43 points or 0.19% to 21,814 points throughout the day, constrained by the 50-DMA (21,851); the Technology Index once reached 5,503 points, breaking last year's high, and closed down 45 points or 0.86% to 5,235 points. Main board turnover increased to HK$379.4 billion.  The Hang Seng Index rose above the psychological barrier of 22,000 during the day, and trading volume increased, reflecting a continuous inflow of funds, which boosted the overall market atmosphere. Although the Hang Seng Index may encounter short-term resistance after breaking through the 22,000 mark due to the...

The Hang Seng Index opened 231 points higher at 21,526 points and maintained its upward trend. The gains gradually expanded in the afternoon and closed near the intraday high of 21,857 points, up 563 points or 2.64%, setting a new high in 4 and a half months; the Technology Index rose 138 points or 2.7% to 5,281 points. The Main Board's turnover was HK$287.1 billion.  The Hang Seng Index started its upward trend from the mid-January low of around 18,600 points and has risen by more than 3,000 points so far. If the market turnover continues to cooperate, the Hang Seng Index can hold the 10-DMA (20,764) support and is expected to rise to a higher level in the future, heading towards the target of 22,700 to 23,000 points; on the contrary, if this support is lost, the market's upward trend is expected to be difficult to sustain.  In terms of European stock markets, UK and German stocks rose slightly by 0.34% and 0.5% respectively, while French stocks also rose by 0.17%.  Inf...

The Hang Seng Index opened 134 points higher at 21,656 points, and then rose 160 points to 21,682 points. It then encountered resistance and turned to decline, falling 242 points at one point to 21,279 points, and closed down 227 points or 1.05% at 21,294 points. The Technology Index fell 144 points or 2.73% to 5,142 points. The Main Board's turnover was HK$219.6 billion.  The market was worried that mainland automakers would start another price war, and under the influence of negative news that Trump planned to impose tariffs on cars, chips, etc., the Hong Kong stock market fell by more than 200 points on Tuesday. However, the Hang Seng Index continued to stabilize at the 21,000 point level at the close, which is believed to be a normal correction. The Hong Kong stock market has entered a new upward cycle from the 19,000 point area. Currently, the Hang Seng Index has encountered resistance at 21,600 points. If it fails to break through this resistance area, it may enter an adju...

The Hang Seng Index opened 90 points higher at 21,223 points, which was the lowest point of the day. The increase then gradually expanded, rising 406 points to 21,539 points, and closed up 388 points or 1.83% at 21,521 points, rising for three consecutive trading days; the Technology Index rose 136 points or 2.64% to 5,286 points.  The Main Board's turnover was HK$242.4 billion.  The overall investment atmosphere of Hong Kong stocks has been good since the Year of the Snake. With the support of trading volume, the Hong Kong stock market has re-entered 21,500 points, reaching the intraday high since October 8 last year.  Although the Chinese and Hong Kong stock markets have performed well recently, the attractiveness of low valuations may be reduced as technology stocks have experienced a rally. In addition, US President Trump’s tariff policy on the world and sanctions on Chinese technology companies are not clear. In addition, the latest inflation data shows that China is...

The Hang Seng Index opened 33 points lower at 20,858 points, tested the 20,800 point level before rebounding, rising as much as 322 points to 21,213 points; it rose 241 points or 1.15% for the day to 21,133 points; the Technology Index rose 90 points or 1.79% to 5,150 points. The Main Board's turnover was HK$246.3 billion.  Hong Kong stocks showed strength after the Chinese New Year reopened last week. The Hang Seng Index broke through the previous rebound high of 20,200 points with a large bullish candle, and advanced into the resistance zone of 21,000 to 21,300 points on Friday. It is expected to consolidate in the short term. Once there is favorable news during the March earnings period, it is expected to further push up the market. The Hang Seng Index is expected to test 22,000 points and is expected to hit the 22,700 point mark again. The current valuation of Hong Kong stocks is still low, and it is believed that most of the negative factors such as the trade war have been r...

The Hong Kong stock market was weak yesterday morning, but regained momentum in the afternoon and continued to rise, rising 294 points or 1.43% to close at 20,891 points, the highest point of the day; the technology index rose 129 points or 2.62% to 5,059 points.  The market turnover was HK$ 178.4 billion .  A-shares rebounded, Hong Kong technology stocks performed well, and there was no particularly negative news in the Hong Kong stock market. The overall investment atmosphere was good. It is expected that if the Hang Seng Index does not fall below the low of 20,500 points in the future, it will have a chance to continue to rise.  Hong Kong stocks have been volatile recently. Although there have been new developments in AI in the mainland, which have rekindled expectations for technology stocks, the Hang Seng Index once approached the 21,000 mark.  However, as Sino-US relations become increasingly tense, the market is paying attention to the implementation of tariff...

The mainland stock market resumed trading yesterday (5th), and northbound capital returned again, but the Hong Kong stock market rose first and then fell. The Hang Seng Index opened 37 points higher at 20,827 points, the highest point for the day, and then quickly fell back, dropping as much as 372 points to a low of 20,417 points. It closed down 192 points, or 0.92%, at 20,597 points. The Technology Index fell 47 points, or 0.94%, to 4,930 points. The market turnover was HK$192.2 billion.  The Sino-US trade war has officially begun, but US President Trump said that he is not in a hurry to talk with the Chinese head of state. The market is worried that the trade war between the two countries will escalate and believes that the market will become volatile. The Hang Seng Index faces strong resistance at 20,700 and is expected to retest the 100-DMA (20,364) support. If it fails, the index will be at 19,700 points.  European stock markets developed individually, with UK and Ger...

The US tariff policy was not as severe as expected, and the countermeasures issued by the mainland were weak, which slightly eased market concerns and the Hong Kong stock market performed significantly better. The Hang Seng Index opened 271 points higher at 20,488 points, and the gain once expanded to 668 points, reaching a high of 20,885 points. It rose 572 points or 2.83% to 20,789 points for the day; the Technology Index rose 239 points or 5.06% to 4,977 points. The Main Board's turnover was HK$161.8 billion.  The United States has delayed imposing tariffs on Mexico and Canada and is negotiating with China over the next 24 hours. Investors' concerns about tariffs have eased, with the three major U.S. stock indexes narrowing their losses overnight, and Hong Kong stocks also rising significantly on Tuesday (4th). Whether the upward trend can continue still depends on the progress of negotiations between China and the United States. It is expected that the Hang Seng Index w...

Trump's tariff war started. The Hang Seng Index opened 176 points lower at 20,048 points on the first trading day of the Year of the Snake. The decline once expanded to 460 points, reaching a low of 19,764 points. It was then taken over and the decline gradually narrowed. The whole day was only The Hong Kong Stock Exchange fell slightly by 7 points or 0.03% to 20,217 points; the technology index rose by 13 points or 0.29% to 4,737 points. The Main Board's turnover was HK$124.9 billion.  The Hang Seng Index barely held 20,200 points yesterday. If there is further decline in the short term, the 10-DMA (19,932) is expected to provide initial support. Hong Kong stocks are affected by the trade war and the short-term strength of the US dollar. The overall atmosphere remains sluggish. If the Hang Seng Index loses its 10-DMA, it will test the support level of 19,700 points. However, if there is no worse news in the Sino-US trade war, the Hang Seng Index may break through the 20,300...

Hong Kong stocks fluctuated on the last trading day of the Year of the Dragon.  The Hang Seng Index opened 139 points higher at 20,337 points, then fell 32 points to 20,165 points, and closed up 27 points or 0.13% at 20,225 points; the Technology Index rose 36 points or 0.77% to 4,723 points.  The main board traded HK$51.6 billion in the half-day session.  The Hang Seng Index rose 4,478 points or 28.4% in the Year of the Dragon, making it the best performing year of the Dragon in history in terms of points.  In the first month of 2025, the Hang Seng Index rose by 165 points or 0.82%.  The Hang Seng Index is expected to hold steady at 20,200 points after the Spring Festival holiday today, and then challenge the resistance zone of 21,000 to 21,300 points. If there is a short-term pullback, the 10-DMA (19,839) is expected to provide initial support.  The overall sentiment of the Hong Kong stock market is expected to remain sluggish. Investors should pay attent...