Investment 5/2/2025

The US tariff policy was not as severe as expected, and the countermeasures issued by the mainland were weak, which slightly eased market concerns and the Hong Kong stock market performed significantly better. The Hang Seng Index opened 271 points higher at 20,488 points, and the gain once expanded to 668 points, reaching a high of 20,885 points. It rose 572 points or 2.83% to 20,789 points for the day; the Technology Index rose 239 points or 5.06% to 4,977 points. The Main Board's turnover was HK$161.8 billion.

 The United States has delayed imposing tariffs on Mexico and Canada and is negotiating with China over the next 24 hours. Investors' concerns about tariffs have eased, with the three major U.S. stock indexes narrowing their losses overnight, and Hong Kong stocks also rising significantly on Tuesday (4th). Whether the upward trend can continue still depends on the progress of negotiations between China and the United States. It is expected that the Hang Seng Index will face strong resistance above 21,500 points. If it breaks through this level, the midterm is expected to reach 22,700 points. If there is no more positive news, the price may fail to break through and may turn around and fall back to test the 100-DMA (20,236) support.

 European stocks developed individually, with UK stocks down 0.15%, and French and German stocks up 0.66% and 0.36% respectively.

 Although the Sino-US trade war has begun, it has not caused market panic for the time being. In addition, technology stocks generally performed well, and US stocks fluctuated and stabilized on Tuesday. The Dow Jones Industrial Average opened 47 points higher, then fell 93 points to a low of 44,328 points, then rebounded, rising as much as 175 points to a high of 44,597 points; the S&P 500 rose 0.8%, and the tech-heavy Nasdaq rose 1.42 %.

 At the close of U.S. stocks, the Dow Jones Industrial Average rose 134 points, or 0.3%, to 44,556 points; the S&P 500 rose 43 points, or 0.72%, to 6,037 points; and the Nasdaq rose 262 points, or 1.35%, to 19,654 points.


 The U.S. dollar index fell as much as 0.97% to 107.93; the Japanese yen also fell 0.51% to 155.52 per dollar, and then rose 0.39% to 154.17; the euro rose 0.43% to $1.039. Bitcoin fell as much as 3.92% to $97,939.

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Investment 24/4/2026

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