Investment 18/2/2025

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 support at 21,500 points will be strong. However, if trading continues to cooperate, the Hang Seng Index is expected to challenge 25,000 points in the medium and long term; in the most optimistic scenario, it may reach 30,000 points.

 European stock markets performed steadily, with the pan-European Stoxx 600 index rebounding 0.54% to close at 555 points, a record high; British, French and German stocks closed up 0.41%, 0.13% and 1.26% respectively, with German stocks hitting a record high.

 The U.S. stock market was closed on Monday as it was President's Day.

 The U.S. dollar index rose 0.18% to 106.9 at one point; the euro fell 0.24% to $1.0467; the yen rose as much as 0.6% to 151.4 per dollar. The Reserve Bank of Australia is expected to cut interest rates for the first time since 2020 today, with the benchmark rate expected to fall by 0.25 percentage points to 4.1%. The Australian dollar rose 0.35% to 63.74 US cents. Bitcoin slipped 2% to $95,358 at one point.

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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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