Investment 7/4/2025

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 the support of the 100-DMA (21,190) immediately. If it fails, a deeper adjustment will occur. European stock markets plunged for two consecutive days, and bank stocks continued to "dive". The London share price of HSBC Holdings (00005) fell as much as 8.4%. Based on the pound sterling falling to 10.1 against the Hong Kong dollar, it was equivalent to 13.53% lower than the closing price in Hong Kong on Thursday.


European stock markets intensified their decline on Friday amid heavy selling pressure, with UK, French and German stocks plunging 4.95%, 4.26% and 4.95% respectively.


The intensity and coverage of the reciprocal tariffs announced by US President Trump far exceeded expectations, catching investors off guard. Global stock markets collapsed across the board, with Asian stock markets all falling. China's counterattack against the United States' import tariff policy has escalated the global trade war. Global stock markets faced further sell-offs on Friday. The Dow Jones Industrial Average fell for two consecutive days. After opening 448 points lower, the decline widened to 2,281 points near the close, hitting a low of 38,264 points. The S&P 500 and Nasdaq also closed close to their daily lows. The VIX volatility index, commonly known as the "fear index," soared 51.77% to 45.56.


At the close of U.S. stocks, the Dow Jones Industrial Average was at 38,314, down 2,231 points, or 5.5%, the biggest one-day drop since the outbreak of the coronavirus pandemic in June 2020; the S&P 500 fell 322 points, or 5.97%, to 5,074; and the Nasdaq fell 962 points, or 5.82%, to 15,587.


The U.S. dollar index stabilized, rising 1.09% to 103.18, the euro retreated 1.16% to $1.0927, and the yen rose 1.03% to 144.56 per dollar at one point, and then fell 0.92% to 147.4.

留言

張貼留言

這個網誌中的熱門文章

Investment 29/4/2026

圖片
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...
閱讀完整內容

Investment 24/4/2026

圖片
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...
閱讀完整內容

Investment 27/4/2026

圖片
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 ...
閱讀完整內容