Investment 30/4/2025

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 narrow range of fluctuations in the short term.

HSBC Holdings (00005) announced that its first-quarter pre-tax profit was US$9.484 billion, a 25% year-on-year decline, but better than expected. It paid a dividend of 10 US cents and repurchased up to US$3 billion of shares. HSBC's quarterly results were good, with its share price closing at HK$88.35, up 3.03%.

European stock markets developed individually, with UK and German stocks rising 0.55% and 0.69% respectively, while French stocks fell 0.24%.

The latest weak U.S. employment and consumer confidence data have driven bond yields lower and may increase the chances of the Federal Reserve cutting interest rates. The market is also looking forward to progress in trade negotiations. U.S. stocks rebounded on Tuesday. The Dow Jones Industrial Average opened slightly higher by 6 points and then expanded its gains to as much as 402 points, reaching a high of 40,630 points. The S&P 500 rose 0.78%, while the Nasdaq, which is dominated by technology stocks, fell 0.63% and then turned around and rose 0.77%.

At the close of U.S. stocks, the Dow Jones Industrial Average was at 40,527, up 300 points, or 0.75%; the S&P 500 rose 32 points, or 0.58%, to 5,560, marking its sixth consecutive day of gains; and the Nasdaq Composite rose 95 points, or 0.55%, to 17,461.

The U.S. dollar index rose 0.37% to 99.372; the euro fell 0.44% to $1.137; and the yen fell 0.53% to 142.76 per dollar.

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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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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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