Investment 6/3/2025

The Hang Seng Index opened 258 points higher at 23,200 points, and then rose as much as 694 points to 23,636 points. It rose 652 points or 2.84% to 23,594 points for the day. The Technology Index rose 222 points or 4.01% to 5,757 points.  The main board traded HK$ 258.6 billion .


 An important meeting in the mainland proposed to "maintain 5%" as the economic target for this year, and the fiscal budget deficit ratio was adjusted to around 4%, the highest level in more than 30 years, which strengthened market confidence.  Hong Kong stocks rebounded on Wednesday (5th) and re-entered the 23,000 mark, but the 10-DMA (23,242) was lost again, and the overbought situation was very serious. It is expected that the short-term will consolidate around the 10-DMA before it can reach the 24,000 mark again.  In the medium and long term, the target of 25,000 points remains unchanged.


 Germany's plan to relax fiscal policy boosted the stock market, with German stocks rising 3.38%, British stocks falling 0.04% and French stocks rising 1.56%.


 Washington announced that it would relax some tariffs on Canada and Mexico, offsetting the poor performance of the latest U.S. employment data. U.S. stocks temporarily stopped falling on Wednesday. The Dow Jones Industrial Average opened slightly lower by 2 points, and then repeatedly gave up 102 points to a low of 42,418 points. It then rose as much as 614 points to a high of 43,135 points. The S&P 500 once rebounded by 1.43%, and the Nasdaq, which is dominated by technology stocks, rose by 1.75%.


 At the close of U.S. stocks, the Dow Jones Industrial Average was at 43,006, up 485 points, or 1.14%; the S&P 500 rose 64 points, or 1.12%, to 5,842; and the Nasdaq rose 267 points, or 1.46%, to 18,552.


 The U.S. dollar index plunged 1.4% to 104.26 at one point; the euro rose 1.59% to $1.0799, the first time it has risen above $1.07 since November last year; the yen rose 0.95% to 148.4 per dollar.  Bitcoin reclaimed $90,000, rebounding as much as 5.22% to $90,960.

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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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