Investment 24/2/2025

After opening 513 points higher at 23,090 points, the Hang Seng Index temporarily slowed down to below 23,000 points, and then expanded its gains to close at an intraday high of 23,477 points, up 900 points or 3.99%, setting a nearly three-year high; the Technology Index rose 359 points or 6.53% to 5,859 points.  The main board traded HK$393.5 billion .


 The Hang Seng Index hit a low of 22,319 points last week and a high of 23,477 points, a weekly increase of 857 points or 3.79%.  The Hang Seng Index hit a high of 23,241 in early October last year and then adjusted, falling to around 19,000 and then rebounding. It approached the top of the large sideways zone at 22,700 last week and continued to rise. If it stabilizes above 23,241 points this week, the upward trend will be confirmed, and the mid-line measured increase may reach 30,500 points.  However, the Hong Kong stock market is already seriously overbought and the Hang Seng Index will adjust in the short term. Support is expected at 22,700 points.


 In terms of European stock markets, UK and German stocks fell 0.04% and 0.12% respectively, while French stocks rose 0.39%.


 UnitedHealth, the largest health insurer in the United States, was investigated by the U.S. Department of Justice for its cost calculation methods. The sell-off of health insurers and the contraction of U.S. service industry activities led to a sharp drop in U.S. stocks on Friday (21st). The Dow Jones Industrial Average opened 356 points lower and then widened its decline to as much as 827 points, with a low of 43,349 points. The S&P 500 fell 1.78% at one point, and the Nasdaq, which is dominated by technology stocks, fell 2.26%.


 At the close of the U.S. market, the Dow Jones Industrial Average was 43,428, down 748 points, or 1.69%; the S&P 500 fell 104 points, or 1.71%, to 6,013; and the Nasdaq fell 438 points, or 2.2%, to 19,524.


 Currently, the US dollar index is close to a two-month low. If geopolitical news such as the news about the war between Russia and Ukraine deteriorates, the US dollar may still rebound, with the target corresponding to the US dollar index of 107.37 or 108.5.


 Germany's conservative Christian Democratic Union (CDU/CSU) wins parliamentary election

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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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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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