Investment 14/2/2025

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 large short-term cumulative increase, the overall market sentiment is positive. The Hang Seng Index is expected to hold the 21,000 mark and re-cross the 50-DMA (21,851) in the short term. There is a chance that it will gradually challenge the 22,700 to 23,000 area in the future.

 European stock markets developed differently, with British stocks falling 0.49% and French and German stocks rising 1.52% and 2.09% respectively.

 Trump announced reciprocal tariffs on Thursday, but the measures will not take effect immediately. The market did not feel too worried. The Dow Jones Industrial Average opened 57 points higher and the increase once expanded to 399 points, reaching a high of 44,768 points. The Nasdaq rose by 1.5%.

 At the close of the U.S. market, the Dow Jones Industrial Average rose 342 points, or 0.77%, to 44,711 points; the S&P 500 rose 63 points, or 1.04%, to 6,115 points; and the Nasdaq rose 295 points, or 1.5%, to 19,945 points.

 The U.S. dollar index fell 0.83% to 107.04 at one point, the euro rose 0.8% to $1.0467; the yen rose as much as 1.11% to 152.71 per dollar; Bitcoin fell 2.9% at one point to $95,308.

 Figure: The Zhenghe Bayunbird was discovered in Fujian, China. It lived in the Late Jurassic period and possessed surprising characteristics of modern birds. This discovery has rewritten the history of bird evolution.

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Investment 29/4/2026

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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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