Investment 17/3/2025

Mainland China will hold a meeting next Monday to discuss boosting consumption, and Hong Kong stocks rebounded after five consecutive declines.  The Hang Seng Index opened 190 points higher at 23,653 points. After the struggle between bulls and bears, the upward trend gradually expanded, rising 650 points at one point to a high of 24,113 points. The full-day increase was 497 points or 2.12% to 23,959 points; the Technology Index rose 133 points or 2.31% to 5,880 points.  The main board traded HK$ 290.6 billion .


 US President Trump threatened to impose further tariffs on the European Union, and the market was worried that it would trigger a global trade war, and the US stock market continued to be under pressure.  As for the Hong Kong stock market, it is not greatly affected by external factors. It rebounded significantly on Friday (14th), but it is difficult to break through the previous high of 24,669 points. In the short term, it is expected to fluctuate around the 20-DMA (23,340).


 European stock markets closed higher across the board, with UK, French and German shares rising 1.05%, 1.13% and 1.86% respectively.


 The Democrats said they would not prevent the passage of the Republican stopgap spending bill, and a shutdown in Washington could be avoided. The Dow Jones Industrial Average opened 244 points higher on Friday, and the gains expanded to 714 points in the late trading, reaching a high of 41,528. The S&P 500 rose 2.24%, and the Nasdaq rose 2.72% at one point.



 At the close of U.S. markets, the Dow Jones Industrial Average rose 674 points, or 1.65%, to 41,488 points; the S&P 500 rose 117 points, or 2.13%, to 5,638 points; and the Nasdaq rose 451 points, or 2.61%, to 17,754 points.  Last week, the Dow Jones Industrial Average fell 3.1%, the S&P 500 fell 2.3%, and the Nasdaq fell 2.4%.


 The U.S. dollar index fell as much as 0.25% to 103.57; the Japanese yen fell 0.82% to 149.02 per dollar.  The euro rose 0.55% to $1.0912 after Germany reached a deal on financing for its defense and infrastructure plans.  Bitcoin rose as much as 6.4% to $85,176.


 As the global trade war intensifies, safe-haven funds are pouring into gold. Coupled with the positive comments from major banks, the spot gold price broke through the $3,000 mark for the first time on Friday, rising 0.54% at one point to a high of $3,004.95 per ounce, before falling back from the high.

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Investment 29/4/2026

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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...
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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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