Investment 20/2/2025

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 Index has risen sharply in recent days and has technically entered an overbought level. The market went down yesterday, but the decline did not improve the overbought level. It is expected to continue to adjust today and return to test the 22,700 point support.  Even if the Hong Kong stock market can rise further, the Hang Seng Index will face considerable resistance when it reaches last October's high of 23,241 points.  Citigroup raises year-end target for Hang Seng Index to 24,500.


 European stock markets fell across the board, with UK, French and German stocks falling 0.62%, 1.17% and 1.8% respectively.


 U.S. President Trump's threat to impose additional tariffs on cars has reignited concerns about a trade war. In addition, the market is waiting to see the Federal Reserve's announcement of its last interest rate record. U.S. stocks were under pressure on Wednesday. The Dow opened 78 points lower and then widened its decline to as much as 243 points, with a low of 44,312 points. It then stabilized, mainly because the interest rate record mentioned that the Federal Reserve may need to suspend or slow down the quantitative tightening (QT) process until Congress deals with the debt ceiling issue. The S&P 500 fell 0.3% at one point, but eventually broke through the top and set a record high at the close, reaching 6,147 points, an increase of 0.29%; the Nasdaq, which is dominated by technology stocks, fell 0.56% at one point and also closed stable.


 At the close of U.S. stock markets, the Dow Jones Industrial Average was at 44,627, up 71 points, or 0.16%; the S&P 500 rose 14 points, or 0.24%, to 6,144; and the Nasdaq rose slightly by 14 points, or 0.07%, to 20,056.

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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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