Investment 19/2/2025

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 more positive news from the two sessions in the mainland, the Hong Kong stock market will be expected to make further breakthroughs and break through the high of 23,241 points in October last year.  


 European stock markets developed differently, with British stocks falling 0.01%, French and German stocks rising 0.21% and 0.2% respectively.


 Investors' growing concerns about the global tariff war offset the positive news that the United States and Russia agreed to negotiate to end the war in Ukraine. U.S. stocks fluctuated and stabilized after reopening after the holiday on Tuesday. The S&P 500 broke the record and set a new closing high, rising 0.25% to 6,129 points.  After opening 37 points higher, the Dow Jones Industrial Average fell back 226 points to a low of 44,319; the Nasdaq, which is dominated by technology stocks, rose as much as 0.42%.


 At the close of U.S. stocks, the Dow Jones Industrial Average was at 44,556, rebounding 10 points, or 0.02%; the S&P 500 rose 14 points, or 0.24%, to 6,129 points; and the Nasdaq rose 14 points, or 0.07%, to 20,041 points.


 The U.S. dollar index rose as much as 0.51% to 107.12, the euro fell 0.48% to $1.0436, and the yen fell 0.47% to 152.22 per dollar.  Bitcoin fell as much as 3.5% to $93,418.

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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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