Investment 28/2/2025

The Hong Kong stock market fluctuated on the futures settlement day. The Hang Seng Index opened 4 points lower at 23,783 points, then rose 288 points to a three-year high of 24,076 points. It then came under pressure again, falling 346 points to 23,441 points, and fell 69 points or 0.29% for the day to 23,718 points; the Technology Index fell 72 points or 1.22% to 5,881 points. Main Board turnover increased to HK$406.4 billion.

 The Hang Seng Index of 24,000 points has become a new resistance level for Hong Kong stocks. The Hang Seng Index has risen from 19,000 points to the current level without any major decline. Although the trading volume has cooperated, due to the serious overbought situation, there will inevitably be a moderate adjustment, and if the Fibo 0.328 of the rise will be seen at the 22,360 point level. Next is the earnings season for Hong Kong stocks. We should pay attention to the performance, outlook and AI application guidance of technology stocks. Mainland economic data will also be released next month. If both aspects perform well, the Hong Kong stock market will be able to break through the 24,000 point mark again.

 European stock markets developed differently, with British stocks rising 0.28%, French and German stocks falling 0.51% and 1.07% respectively.

 The overall U.S. economy is generally sound, but large technology stocks are under pressure. In addition, President Trump confirmed that new tariffs on Canada, Mexico and China will take effect next Tuesday (March 4). U.S. stocks came under pressure on Thursday and the decline intensified in the late stages. The Dow Jones Industrial Average opened 83 points higher and then expanded its gains to as much as 451 points, reaching a high of 43,884 points. It then fell 208 points in the final stage, hitting a low of 43,224 points. The S&P 500 fell repeatedly and both the S&P 500 and the Nasdaq closed close to their intraday lows. The VIX volatility index, commonly known as the "fear index," rose 11.5% to 21.3%.

 At the close of U.S. stocks, the Dow Jones Industrial Average fell 193 points, or 0.45%, to 43,239 points; the S&P 500 fell 94 points, or 1.59%, to 5,861 points; and the Nasdaq Composite fell 530 points, or 2.78%, to 18,544 points.

 The U.S. dollar index rose 0.81% to 107.28; the euro fell 0.81% to $1.0401; and the yen also fell 0.72% to 150.16 per dollar. Bitcoin continued to fall, falling by as much as 5% to $82,719.

留言

張貼留言

這個網誌中的熱門文章

Investment 29/4/2026

圖片
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...
閱讀完整內容

Investment 24/4/2026

圖片
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...
閱讀完整內容

Investment 27/4/2026

圖片
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 ...
閱讀完整內容