Investment

Hong Kong stocks fluctuated on the futures settlement date. The Hang Seng Index opened 101 points higher at 22,073 points, then fell 53 points to 21,918 points in the early trading session. It then resumed its upward trend, rising 241 points to 22,213 points. It rose 36 points or 0.16% for the day to 22,008 points. The Technology Index rose 30 points or 0.61% to 5,019 points. The Main Board's turnover was HK$177.6 billion. The market continues to pay attention to the development of the global trade war. Although stock market fluctuations are inevitable, the impact on market conditions is expected to weaken. In addition, the mainland has also stepped up its efforts to support the economy and stabilize the property and stock markets. I believe that the Hong Kong stock market has temporarily stabilized. However, with the long holiday approaching, investors are in a wait-and-see mood, and market turnover continues to weaken. It is expected that the Hang Seng Index will maintain a narro...

Hong Kong stocks lack direction on the eve of futures settlement. The Hang Seng Index opened 91 points higher at 22,072 points, the highest point of the day. It fell 108 points in the early trading session to 21,817 points. It then rebounded and returned to a narrow range around 22,000 points. It fell 8 points or 0.04% for the day to 21,971 points. The Technology Index rose 5 points or 0.12% to 4,988 points. The main board traded HK$169 billion . There is still room for negotiation between China and the United States, which is believed to ease the volatility of the market. In addition, with the long holiday approaching, investment sentiment may not be too high. In the absence of new news, Hong Kong stocks are expected to maintain a narrow range of fluctuations. The upper resistance of the Hang Seng Index is at 22,300 points, and the short-term support is at 21,700 points. If it fails, there is a chance to test 21,400 points. In the short term, we should pay attention to the impact of c...

Last Friday, the Hang Seng Index opened 170 points higher at 22,080 points, and rose 358 points to 22,267 points. The gains gradually narrowed in the afternoon, and the full-day increase was 70 points or 0.32% to 21,980 points. The 22,000 mark was lost again, and the weekly increase was 585 points. The Technology Index rose 7 points or 0.14% to 4,982 points. The main board traded HK$208 billion . The Hang Seng Index rose to 24,874 in mid-March, a new high for the year, but was constrained by the 25,000 mark. It fell through a huge gap (21,211 to 22,638) last Monday, and then rebounded into the gap area. It has recently been crossing the 20-DMA (21,877). For three consecutive days, there have been signals of contention such as dojis and gyroscopes, and the rebound momentum has weakened. If the Hang Seng Index continues to rebound, there is a chance that it will fully fill the above-mentioned huge gap. If it can stabilize above it and the turnover can return to HK$300 billion , there is ...

The Hang Seng Index opened 42 points lower at 22,030 points, and then rose 21 points to 22,093 points. Selling pressure then reappeared, and the index fell 360 points to 21,712 points. It fell 162 points or 0.73% for the day to 21,909 points. The Technology Index fell 73 points or 1.45% to 4,975 points. The Main Board's turnover was HK$204.7 billion. It is rumored that the United States has the opportunity to lower China's tariffs, but the relevant policies have not yet been implemented, and whether the negotiations between China and the United States can proceed smoothly remains uncertain. Even if tariffs are adjusted, the tax rates are still at a high level, which also puts pressure on mainland China's imports and exports and manufacturing industry. It is believed that the market will still fluctuate with policy changes in the future. Investors should be cautious and adopt a strategy of injecting funds into the market in batches. The upper resistance of the Hang Seng Inde...

Looking forward to a turnaround in the Sino-US trade war, the Hang Seng Index opened 517 points higher at 22,080 points, and then rose 576 points to 22,138 points. It rose 510 points or 2.36% throughout the day to 22,072 points, rising for the third consecutive trading day; the Technology Index rose 150 points or 3.06% to 5,049 points. The main board traded HK$260.6 billion . Earlier, the US "stock, currency and bond" triple kill put US President Trump under tremendous pressure, so his attitude changed from "hawkish" to "dovish", and the Hong Kong stock market also returned to above the 20-DMA (22,045). However, the relevant tariff details have not yet been finalized, and Trump's stance is erratic. I believe the stock market trend will continue to fluctuate. Unless the Hang Seng Index breaks through the 50-DMA  (22,795), investors still need to remain vigilant and lock in profits. European stock markets rose across the board, with UK, French and German...

Hong Kong stocks fell and then rose after the long holiday. The Hang Seng Index opened 91 points lower at 21,303 points, and fell 204 points to 21,191 points in the early trading session. It then gradually recovered its losses and rose 197 points to 21,592 points in the afternoon. It rose 167 points or 0.78% for the day to 21,562 points. The Technology Index rose 11 points or 0.24% to 4,899 points. The main board traded HK$251.3 billion . The Sino-US trade war has not yet shown any signs of serious deterioration, so the Hong Kong stock market rebounded after the resumption of trading. Technically speaking, the gap in the Hong Kong stock market has not been filled. It is expected that if the Hang Seng Index does not fall below the 100-DMA (21,281), there is still room for upward movement. However, under the shadow of the trade war, the Hang Seng Index will face resistance in testing the 20-DMA (22,126) in the short term. European stock markets fluctuated and stabilized after the holiday...

Last Thursday, Hong Kong stocks performed well before the long Easter holiday. The Hang Seng Index opened 9 points higher and continued to rise, ending the day up 338 points or 1.61% at 21,395 points; the Technology Index rose 91 points or 1.9% to 4,887 points. The main board's turnover exceeded HK$192.4 billion . There were only four trading days for Hong Kong stocks last week. The Hang Seng Index rose 2.29% for the week, while the Tech Index fell 0.26%. The Hong Kong stock market rebounded from the low at the beginning of the month. The technical trend is not weak, but there are signs of shrinking trading volume and the upward momentum is insufficient. In particular, the outlook for the external trade war is still unclear. Even if the market is looking forward to more economic stimulus measures in the mainland, it is expected that planning will take time. Even after the Easter holiday, there may not be much good news. The current entry price risk ratio is not high, so it is advis...

The Hang Seng Index opened 149 points lower and fell nearly 600 points to 20,868 points at one point. The daily decline narrowed to 409 points, or 1.91%, to 21,056 points. The Technology Index fell 185 points, or 3.72%, to 4,796 points. The market turnover exceeded HK$219.9 billion . As expected, the Hong Kong stock market gave up its gains after six consecutive days of gains. The Hang Seng Index lost its 100-DMA (21,245). The market outlook must pay close attention to the defensive ability of the 250-DMA (19,590). There are still many uncertainties in the global market and many investors are taking advantage of the rebound to sell their stocks and make profits. In addition, considering that the Hang Seng Index's low this year was around 19,000 points and its high was around 24,000 points, if it rebounds to 22,000 points, it will have almost completed half of this year's high and low difference. It is normal to believe that there will be resistance when rising to this level. Mo...

Hong Kong stocks rose for six consecutive days. The Hang Seng Index opened 186 points or 0.87% higher before falling back and then hovering around 21,400 points. It rose 48 points or 0.23% to 21,466 points throughout the day; the Technology Index fell 33 points or 0.67% to 4,981 points. The main board's turnover exceeded HK$185 billion . The Hong Kong stock market rose for 6 consecutive days, with a cumulative increase of 1,637 points. Adjustments are expected. If the Hang Seng Index can hold the 100-DMA (21,231), it is expected to test the resistance of the 50-day moving average (22,741) after the adjustment. Although the weakening of the US dollar is also beneficial to the Hong Kong stock market, the ongoing Sino-US struggle is unlikely to be resolved in a short period of time. It is expected that the market will have a greater chance of fluctuating between the 50-DMA and 100-DMA. The trade game between China and the United States will continue, and is expected to continue to sup...

The Hang Seng Index opened 449 points higher at 21,363 points, and then rose 602 points to 21,517 points at one point. It rose 502 points or 2.4% for the day to 21,417 points; the Technology Index rose 114 points or 2.34% to 5,015 points. The main board traded HK$253.3 billion . The Hong Kong stock market rose for five consecutive days, with a cumulative increase of 1,589 points. Adjustments are expected. If the Hang Seng Index can hold the 100-DMA (21,210), it is expected to test the resistance of the 50-DMA  (22,716) after the adjustment. Although the weakening of the US dollar is also beneficial to the Hong Kong stock market, the ongoing Sino-US struggle is unlikely to be resolved in a short period of time. It is expected that the market will have a greater chance of fluctuating between the 50-DMA and 100-DMA.  The United States recently said it remains optimistic about reaching a trade agreement with China and will exempt some products from reciprocal tariffs, but its poli...

The Hang Seng Index opened 124 points lower at 20,557 points, and fell 237 points to 20,444 points at one point. It then turned upward, rising as much as 445 points to 21,127 points. It rose 232 points or 1.12% to 20,914 points for the whole day, rising for four consecutive days; the Technology Index rose 86 points or 1.8% to 4,900 points. The main board traded HK$276.4 billion . The Hang Seng Index rose to 24,874 points in mid-March, a new high this year, breaking through the top of the large sideways zone of 22,700 points, but was blocked at the top of the dense zone of 25,000 points at the beginning of 2021. It has fallen for five consecutive weeks and fell through a large gap (21,211 to 22,638) last week, breaking through the 100-DMA (21,190). The trend seems to be weakening; but from a technical point of view, the first support level is at the recent low of 20,260 points, and the 250-DMA (19,537) has stronger support. Looking ahead to the Easter holiday this week, as the United St...

The United States suspended the imposition of "reciprocal tariffs" on most countries except China for 90 days and raised China's tariffs to 145%. The Chinese and Hong Kong stock markets continued to open higher and close higher following the external markets, but underperformed the major Asian stock markets. After opening 545 points higher at 20,810 points, the Hang Seng Index expanded its gain to 946 points at one point, reaching a high of 21,211 points. However, it was unable to move upward and the gain narrowed to 266 points at one point. It finally closed at 20,681 points, up 417 points or 2.1%, a cumulative increase of 853 points for three consecutive days. The technology index rose 124 points, or 2.66%, to 4,813 points. The main board traded HK$395.5 billion . Although the Hong Kong stock market has risen for three consecutive days, it has already clearly pulled back earlier due to the impact of tariff policies. At the beginning of this week, it was even more rare ...

The market focused on the development of the trade war, and Hong Kong stocks fell first and then rose. The Hang Seng Index opened 632 points lower at 19,494 points, and then fell 867 points to 19,260 points, a near three-month low. It then gradually recovered its lost ground, rising 313 points in the afternoon to 20,441 points. It closed up 136 points or 0.68% at 20,264 points for the day. The Technology Index rose 120 points or 2.64% to 4,689 points. The main board traded HK$412.3 billion . The Hang Seng Index rose yesterday mainly because the central government intervened. The People's Bank of China conducted a 7-day reverse repurchase operation of RMB 118.9 billion, injecting over RMB 100 billion into the market. In addition, speculative investors also rushed into the stock market. Investors should not bet on a rebound. As the major powers are competing with each other and those who lack economic common sense are in power, the risks are unpredictable. Speculators use bets to con...

Hong Kong stocks fluctuated yesterday (8th) after a sharp drop. The Hang Seng Index opened 329 points higher at 20,157 points, and then rose 625 points to 20,454 points. However, it fell 83 points in the afternoon to a low of 19,745 points. It regained its upward trend in the late trading, rising 299 points or 1.51% to 20,127 points throughout the day; the Technology Index rose 166 points or 3.79% to 4,568 points. The main board traded HK$ 433.1 billion . Countries have begun to negotiate with the United States on tariff issues. There seems to be room for adjustment in the new tariff amounts and implementation time, and the market has rebounded in the short term. Although the market is looking forward to northbound funds to support the market, the 250-DMA of the Hang Seng Index (19,491) may not be able to support it. If it fails, the decline will increase rapidly and may fall below 18,000 points. The market outlook will remain volatile due to the impact of the trade war, and investors ...

The intensification of the trade war triggered a plunge in global stock markets, and Hong Kong stocks were sold off after the holiday. The Hang Seng Index opened 2,119 points lower at 20,730 points and then continued to fall, dropping 3,143 points to 19,706 points, the lowest in more than two months, marking the largest single-day point drop. It fell 3,021 points or 13.22% to 19,828 points throughout the day; the Technology Index fell 911 points or 17.16% to 4,401 points. Main board turnover increased to HK$ 620.8 billion . Hong Kong stocks fell for three consecutive days, with the Hang Seng Index falling 14.6%, evaporating all gains this year and reaching its lowest level since January 23 this year; from its high in March, it has fallen by 5,000 points, or about 20%. Investors should pay attention to whether there is room for negotiation on tariffs. For the time being, there is still great uncertainty in the stock market and it is difficult to predict. Unless the Hang Seng Index can h...

Before the news that the United States announced reciprocal tariffs on all trading partners, the Hang Seng Index opened 564 points lower at 22,638 points last Thursday before narrowing its losses. It fell 352 points or 1.52% to 22,849 points throughout the day; the Technology Index fell 113 points or 2.08% to 5,313 points. The main board traded HK$289.4 billion . The market turmoil caused by US tariffs came as the Japanese stock market experienced another day of stock market crash on Friday, just as the Chinese and Hong Kong stock markets were closed for the Qingming Festival holiday. The Nikkei average fell as much as 1,476 points or 4.24% during the day, but the decline eased slightly in the late trading, closing down 2.75% or 955 points to 33,780 points for the day. For the whole week, Japanese stocks fell 8.99%, the worst performance since the outbreak of the new coronavirus in March 2020. When the Hong Kong stock market opens this morning, the Hang Seng Index is expected to test t...

The Hang Seng Index opened 39 points lower at 23,167 points, and then fell 225 points to 22,980 points. It then rose 186 points to 23,393 points. It fell slightly by 4 points or 0.01% to 23,202 points for the day. The Technology Index rose 19 points or 0.35% to 5,426 points. The main board traded HK$216.5 billion . The market is paying attention to the reciprocal tariff policy to be announced by US President Trump, and the Hong Kong stock market's rebound is weak. In addition, market turnover continued to shrink, reflecting signs of capital outflow. The Hang Seng Index has fallen below the last low support of 23,198 points. The technical trend has deteriorated and the adjustment is expected to be unfinished. If the Hang Seng Index loses the 23,000 point support, there is a chance that it will test the 100-DMA (21,167) level. European stock markets fell across the board, with UK, French and German stocks down 0.3%, 0.22% and 0.66% respectively. U.S. stocks fluctuated on Wednesday (2...

The Hang Seng Index opened 97 points higher at 23,217 points in the second quarter, and the increase once expanded to 337 points, reaching a high of 23,456 points. The upward trend slowed down in the afternoon, and the index rose 87 points or 0.37% to 23,206 points throughout the day; the Technology Index rose 12 points or 0.23% to 5,407 points. The Main Board's turnover was HK$250.2 billion. US President Trump's tariff policy remains unclear. As China and the US grapple with each other, Hong Kong stocks are expected to continue to weaken. If the Hang Seng Index loses the 23,000 point support, there is a chance that it will test the 100-DMA (21,167) level. European stock markets stabilized, with British stocks up 0.61% and French and German stocks both closing up more than 1%. Due to the poor economic data in the United States and the rising concerns about recession caused by the unclear tariff policy, the U.S. stock market fluctuated on Tuesday. The Dow Jones Industrial Averag...