Investment 27/2/2025

On the day when the budget was announced, the Hang Seng Index opened 204 points higher at 23,238 points, and the increase expanded to 939 points in the afternoon, reaching a three-year high of 23,973 points. It rose 753 points or 3.27% to 23,787 points throughout the day; the Technology Index rose 254 points or 4.47% to 5,953 points.  The main board traded HK$370.1 billion .


 Hong Kong stocks rebounded on Wednesday (26th), with high market turnover and continued inflow of northbound funds, reflecting a strong market bottom. In addition, it was rumored that DeepSeek planned to release its new generation AI model R2 ahead of schedule, further boosting the sentiment of Hong Kong stocks.  As long as the Hang Seng Index remains above the 10-DMA (22,919), it is not advisable to be bearish.


 European stock markets hit a record high, with the pan-European Stoxx 600 index rising 1.15%, surpassing last week's intraday high, and still closing up 0.99%; French and German stocks both closed up more than 1%, while British stocks rose 0.72%.


 The panic in the market has temporarily eased. US stocks developed individually on Wednesday. The Dow Jones Industrial Average opened slightly higher by 14 points, and then rose 245 points in the early stage, reaching a high of 43,866 points. However, dragged down by US President Trump's tariff remarks, the Dow Jones Industrial Average once fell 302 points to a low of 43,318 points; the S&P 500 rose as much as 0.92%, and the Nasdaq, which is dominated by technology stocks, rose 1.36%. 


At the close of the US stock market, the Dow Jones Industrial Average fell 188 points, or 0.43%, to 43,433 points; the S&P 500 rose slightly by 0.01% to 5,956 points; and the Nasdaq rose 48 points, or 0.26%, to 19,075 points.


 The U.S. dollar index rose as much as 0.33% to 106.654, the euro fell 0.37% to $1.0475, and the yen fell as much as 0.58% to 149.89 per dollar, before stabilizing.  Bitcoin once again plunged 8% to a low of $82,335.


 South Korea has imposed an indefinite ban on downloading the DeepSeek app.  At the end of last month, Italy took the lead in completely banning DeepSeek. The United States, Japan, India and other countries have also banned or censored it to varying degrees.

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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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