Investment 18/3/2025

The Hang Seng Index opened 266 points higher at 24,226 points, and then rose 392 points to 24,352 points. The upward trend slowed down in the afternoon, and the index rose 185 points or 0.77% to 24,145 points throughout the day. The Technology Index fell 7 points or 0.13% to 5,872 points.  The Main Board's turnover was HK$244.8 billion.


 The Hong Kong stock market has been active recently and is expected to remain strong in the future. The Hang Seng Index is temporarily constrained by the previous high of 24,669 points in the short term. There is great resistance to reaching 26,000 points. If it breaks through, the mid-term target will be 30,000 points.  If there is an adjustment, the support below the Hang Seng Index is at the 20-DMA (23,484).  


The mainland has introduced a number of measures to boost consumption, and the latest economic data is better than expected. Heavyweight blue chips will release their report cards one after another. If corporate performance is better than expected, it is believed that it will drive the market further upward.  In terms of stocks, we can pay attention to whether AI concept stocks can regain market attention.  Many major banks are optimistic about HSBC Holdings (0005), saying that its long-term revenue will remain resilient, at least unchanged until this year, with a target price of HK$92 to HK$108.


 European stock markets were stable, with UK, French and German stocks rising 0.56%, 0.57% and 0.73% respectively.


 U.S. stocks generally rose on Monday as some market participants breathed a sigh of relief after U.S. retail sales were not as bad as expected and trade officials from President Donald Trump's administration sought to "orderly" implement reciprocal tariffs that will take effect on April 2.  The Dow Jones Industrial Average opened 27 points lower and then rebounded, rising 524 points in the final stage to a high of 42,013 points; the S&P 500 rose 0.54% at one point; the Nasdaq, which is dominated by technology stocks, fell 0.61% and then turned positive, rising 0.97% at one point.


 At the close of U.S. stocks, the Dow Jones Industrial Average was at 41,841, still up 353 points, or 0.85%. The S&P 500 rose 36 points, or 0.64%, to 5,675. The Nasdaq Composite rose 54 points, or 0.31%, to 17,808.


 The U.S. dollar index fell 0.4% to 103.3 at one point; the euro rose 0.49% to $1.0932; the yen fell 0.44% to 149.29 per dollar.  Bitcoin rose 3.16% to $84,678.

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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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