Investment 11/2/2025

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 still facing deflation risks. Under the above-mentioned haze, no other new positive news has emerged, which may trigger a short-term adjustment in the market. In the short term, the Hang Seng Index will face resistance in the range of 21,600 to 21,800 points, and it will be difficult to challenge 22,000 points. The defense below is the 150-DMA (20,694).  However, before the two sessions in March, the expectation of stimulus policies is expected to support the market to remain in the range of 20,694 to 22,000 points.  Although there will be fluctuations throughout the year, positive returns are expected, with the Hang Seng Index likely to reach a high of 22,700 to 23,000 points.


 European stock markets were all up, with UK, French and German stocks rising 0.77%, 0.42% and 0.57% respectively.


 Despite U.S. President Trump's announcement of a 25% tariff on all imported steel and aluminum, U.S. stocks stabilized on Monday. The Dow Jones Industrial Average opened 93 points higher and the gain expanded to as much as 318 points, reaching 44,622 points. The S&P 500 rose 0.79%, and the Nasdaq, which is dominated by technology stocks, rose as much as 1.27%.


 At the close of the U.S. market, the Dow Jones Industrial Average was at 44,470, up 167 points, or 0.38%; the S&P 500 rose 40 points, or 0.67%, to 6,066; and the Nasdaq rose 190 points, or 0.98%, to 19,714.


 The U.S. dollar index rose as much as 0.37% to 108.44; the euro fell 0.46% to $1.028; and the yen fell 0.75% to 152.54 per dollar.  Bitcoin rose as much as 3.8% to $98,370.

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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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