Investment 21/3/2025

The Hang Seng Index opened 17 points lower at 24,753 points and continued to be weak. The decline intensified in the afternoon, falling 584 points to 24,186 points. It closed down 551 points or 2.22% at 24,219 points for the day. The Technology Index fell 204 points or 3.39% to 5,836 points.  The main board traded HK$294.8 billion .


 As expected, the U.S. Federal Reserve kept the interest rate unchanged. The dot plot showed that two interest rate cuts are expected this year, strengthening the market's expectations of a downward trend in future interest rates.  In addition, the authorities will also slow down the pace of balance sheet reduction to reduce the pressure of rising debt interest rates, which will also be beneficial to the investment atmosphere and the US stock market performed well overnight.  Hong Kong stocks have been rising recently driven by technology stocks, but the Hang Seng Index has accumulated a lot of gains. It is expected to face certain resistance when it rises to the 25,000 mark. The support below is at the 20-day moving average (23,746). There is a high chance that it will enter a consolidation period in the short term.


 European stock markets were weak, with UK, French and German stocks falling 0.05%, 0.95% and 1.24% respectively.


 Ideal sales of used homes in the United States eased market concerns about an economic downturn. U.S. stocks fluctuated and were weak on Thursday. The Dow opened 169 points lower and then fell as much as 269 points to 41,695. It then rebounded 285 points to 42,250. The S&P 500 rose 0.63% and the Nasdaq rose as much as 0.86%.


 At the close of U.S. stocks, the Dow Jones Industrial Average was at 41,953, down 11 points, or 0.03%; the S&P 500 fell 12 points, or 0.22%, to 5,662; and the Nasdaq fell 59 points, or 0.33%, to 17,691.


 The US dollar index rose 0.68% to 104.13.  The Bank of England kept its benchmark interest rate unchanged, but Governor Bailey said UK interest rates are on a gradually declining track. The pound fell 0.54% to $1.2935. European Central Bank President Lagarde said uncertainty has increased and it is impossible to make a commitment on interest rates. The euro fell 0.81% to $1.0815. The yen depreciated 0.18% to 148.96 per dollar.  Bitcoin once continued to rise by 2.45% to $87,469, and then fell by more than 4% to $83,768.

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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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