Investment 24/4/2025

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 stocks rising 0.9%, 2.13% and 3.14% respectively.


The US trade war seems to be cooling down. In addition, US President Trump has stated that he will not remove Federal Reserve Chairman Powell from his post, which has given the market a sigh of relief. US stocks have rebounded for two consecutive days. After the Dow Jones Industrial Average rebounded by more than 1,000 points on Tuesday, it soared to nearly 1,200 points in the early trading of Wednesday, regaining the 40,000 point mark. However, the momentum was not sustained and more than half of the gains were eventually evaporated, but it still rose for the second consecutive day.


After the Dow Jones Industrial Average opened 628 points higher, its gains expanded to as much as 1,189 points to 40,376 points; the S&P 500 rose 3.44% at one point, and the Nasdaq rebounded 4.47%.


At the close of U.S. stocks, the Dow Jones Industrial Average rebounded 419 points, or 1.07%, to 39,606 points; the S&P 500 rose 88 points, or 1.67%, to 5,375 points; and the Nasdaq rose 407 points, or 2.5%, to 16,708 points.


The US dollar index continued to rise by 0.99% to 99.9. Joachim Nagel, President of the German Central Bank, warned in an interview with Bloomberg TV that the European economy is stagnant and Germany's economy is more likely to face a recession this year due to tariffs. The euro fell by as much as 0.99% to $1.1308, and the pound fell back by 0.74% to $1.3234.

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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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