Investment

On the settlement day of the futures index, the Hang Seng Index opened 17 points lower at 23,240 points, then fell 50 points to 23,207 points, and then turned up, rising 345 points to 23,603 points at one point, and rose 315 points or 1.35% to 23,573 points for the whole day; the technology index rose 127 points or 2.46% to 5,301 points. The main board turnover was HK$226.8 billion. The US federal court ruled that President Trump exceeded his authority and suspended the implementation of last month's tariff measures. The market is looking forward to the global tariff war being resolved. The Dow futures rose significantly in the Asian session, and the Hong Kong stock market also turned up after opening low. However, the global trade war is still uncertain, and corporate earnings are also coming to an end. The performance is generally mixed, which has limited help to the market. Hong Kong stocks lack breakthrough momentum. The Hang Seng Index is expected to continue to consolidate ar...

The Hang Seng Index opened 3 points higher at 23,385 points, then rose 94 points to 23,476 points, and then fluctuated and weakened, falling 201 points to 23,180 points, and fell 123 points or 0.52% to 23,258 points for the whole day; the Technology Index fell 7 points or 0.15% to 5,174 points. The main board turnover was HK$180.8 billion. The global trade war has temporarily cooled down, which is beneficial to the stock market. In addition, the Hong Kong Interbank Offered Rate (HIBOR) continues to be low, and corporate interest costs may decline, which is also helpful to the business environment. The mainland has also taken many measures to boost the economy, which also brings some room for market expectations. The Hong Kong stock market is currently hovering around 23,500 points. It is believed that the short-term pattern of large rises and small falls will be maintained. As long as the 20-DMA (23,132) is maintained, the market outlook should not be too pessimistic. European stock ma...

The Hang Seng Index opened 65 points lower at 23,216 points and then experienced a struggle between bulls and bears. It fell 114 points to 23,167 points. It rose 137 points to 23,419 points in the afternoon. It rose 99 points or 0.42% for the whole day to 23,381 points. The Technology Index rose 24 points or 0.48% to 5,182 points. The Main Board's turnover was HK$203.2 billion. The Hang Seng Index still has a chance to challenge 24,000 points, but it will be difficult to break through the mid-March high of 24,874 points. The important support of the 50-DMA (22,775) should not be lost. The current risk-reward ratio for entry into the market is not high. It is advisable to wait until the tariff issue becomes clear before the market direction can be seen. European stock markets developed individually, with UK and German stocks rising 0.69% and 0.83% respectively, and French stocks falling 0.02%. The European Union said it has agreed to accelerate negotiations with the United States to...

The Hang Seng Index opened 95 points lower at 23,505 points and continued its downward trend. The decline once widened to 366 points, hitting a low of 23,234 points. It fell 318 points or 1.35% for the day to 23,282 points. The Technology Index fell 89 points or 1.7% to 5,157 points. The main board traded HK$223.5 billion . Hong Kong stocks are bound to encounter resistance at high levels. In addition, the mainland is studying to regulate the charging practices of online trading platforms, which is believed to drag down the performance of technology platform stocks and increase the pressure on the market to adjust. The Hang Seng Index has lost its 10-DMA (23,482), and the support level has moved down to the 20-DMA (22.997). The upper resistance is at 24,000 points. In the short term, it is expected to maintain the pattern of speculating in stocks rather than speculating in the market. Monday (26th) is Memorial Day in the United States, and U.S. stocks are closed due to a public holiday...

The Hang Seng Index opened 13 points higher at 23,557 points, and then struggled between bulls and bears. It rose 205 points to 23,749 points at one point, and then fell 56 points to 23,487 points. It closed up 56 points or 0.24% at 23,601 points for the day. The Technology Index fell 4 points or 0.09% to 5,246 points. The Main Board's turnover was HK$203.6 billion. For the whole week, the Hang Seng Index rose 256 points or 1.09%. The U.S. stock market has faced unfavorable factors recently, including the downgrade of the U.S. sovereign debt rating, high debt interest rates, and less room for interest rate cuts. However, the adjustment pressure is not great, and the U.S. stock market is expected to consolidate at a high level for the time being. There has been no significant inflow of northbound funds, and corporate performance has been disappointing. The Hang Seng Index has been mainly supported by heavyweight stocks such as HSBC recently. However, related stocks have risen to rec...

The Hang Seng Index opened 79 points lower at 23,748 points and continued its downward trend. It fell 356 points to 23,470 points in the afternoon. It fell 283 points or 1.19% for the day to 23,544 points. The Technology Index fell 90 points or 1.69% to 5,251 points. The Main Board's turnover was HK$198.2 billion. The US stock market adjusted significantly overnight, mainly because the market was worried that US President Trump's tax cut policy would aggravate the fiscal deficit. However, the recent correlation between Hong Kong stocks and US stock trends is low, and the impact is not expected to be significant. The Hong Kong stock market has continued to be strong recently, mainly due to the interest rate cuts in the Mainland stimulating Chinese stocks and driven by corporate performance. The current low interbank interest rate reflects ample funds, and coupled with the expectation of policy support from the Mainland, the market remains relatively optimistic. The Hang Seng Ind...

The Hang Seng Index opened 54 points higher at 23,736 points, and then rose 235 points to 23,917 points. It rose 146 points or 0.61% for the day to 23,827 points; the Technology Index rose 26 points or 0.5% to 5,342 points. The Main Board's turnover was HK$216.2 billion. The Hong Kong stock market has been hot recently, and coupled with a series of measures taken by the mainland earlier, such as interest rate cuts and reserve requirement ratio cuts, these two factors have boosted investors' willingness to enter the market and capital liquidity, driving the Hong Kong stock market to maintain a repeated upward trend recently. The central government also mentioned earlier that more measures to "save the economy and protect employment" will be introduced before June, which is expected to further drive the Hang Seng Index to fluctuate upward and may challenge the upper line of the Bollinger Band at 24,100 points, but there is considerable resistance at the mid-March high o...

The Hang Seng Index opened 65 points higher at 23,398 points, and the increase once expanded to 376 points, reaching a high of 23,709 points. It rose 348 points or 1.49% to 23,681 points for the day; the Technology Index rose 60 points or 1.15% to 5,315 points. The Main Board's turnover was HK$205.7 billion. Hong Kong stocks rebounded significantly from earlier lows after China and the United States reached a preliminary agreement on tariffs. However, the upward trend has weakened significantly in recent days, reflecting that the market is still wary of the tariff issue and needs to wait and see subsequent developments. Even if there is further good news, the Hang Seng Index is expected to test 24,000 points again. However, investors may take advantage of the rebound to sell stocks for profit. To break through the mid-March high of 24,874 points, the resistance will be quite significant and there is not much room for current value speculation. European stock markets performed well ...

The Hang Seng Index opened 188 points lower at 23,156 points, and fell 285 points to 23,059 points at one point. It recovered its losses in the afternoon and rose 57 points to 23,402 points. It fell 12 points or 0.05% for the day to 23,332 points. The Technology Index fell 26 points or 0.49% to 5,255 points. The main board traded Hk$184.7 billion . The latest mainland economic data generally fell short of expectations. In addition, the recent performance results of the major blue-chip stocks were generally under pressure. After the Hong Kong stock market rebounded by about 3,000 points from its low, it will face certain short-term selling pressure. If there is no new positive news, the Hang Seng Index has a chance to pull back to the 22,500 to 22,800 point level and then regain upward momentum after consolidation. European stock markets developed differently, with French stocks closing down 0.04%, while British and German stocks rose 0.17% and 0.7% respectively. The downgrade of the U....

The Hang Seng Index opened 204 points lower at 23,249 points, and then fell 262 points to 23,190 points. The daily decline narrowed to 108 points or 0.46% to 23,345 points; the Technology Index fell 16 points or 0.31% to 5,281 points. The Main Board's turnover was HK$190.7 billion. At the beginning of last week, the market surged on the truce in the Sino-US tariff war, but has only been rising and falling since then, reflecting that market confidence has not yet fully recovered. Although the Hang Seng Index fell last Friday, it still maintained its upward trend. If the short-term adjustment holds the 10-DMA (23,060), it should not be viewed too pessimistically. It is expected to fluctuate mainly between 22,800 and 23,800 points. In the medium term, it is expected to challenge the 25,000 point mark again. The Hang Seng Index has continued to rebound from its low in April. Funds have accumulated sufficient stocks during this period and are not very willing to buy more stocks now. In ...

The Hang Seng Index opened slightly higher by 3 points at 23,644 points, and then there was a struggle between bulls and bears. The high rose by 70 points to 23,710 points. The selling pressure intensified in the afternoon, and the index fell by 268 points at one point to a low of 23,371 points. It fell by 187 points or 0.79% for the day to 23,453 points. The Technology Index fell by 83 points or 1.56% to 5,297 points. The main board traded HK$200.2 billion . The Sino-US trade war shows signs of easing, and northbound funds are also seeing a resurgence in inflows, which is beneficial to the investment atmosphere. Hong Kong stocks continue to challenge highs, and the Hang Seng Index is expected to test 24,000 points again. However, it will be difficult to break through the high of 24,874 points in mid-March. It depends on whether the performance of large-scale technology stocks can cooperate. If corporate profit performance is good, Hong Kong stocks will have a chance to go to a higher ...

The Hang Seng Index opened 208 points higher at 23,316 points and maintained its upward trend. The gains further expanded in the afternoon and finally closed at the intraday high of 23,640 points, up 532 points or 2.3%. The Technology Index rose 112 points or 2.12% to 5,381 points. The Main Board's turnover was HK$222.8 billion. In the short term, the Hang Seng Index will continue to hover around 23,500 points and may challenge 24,000 points. However, the Hong Kong stock market has rebounded a lot from the lows in April, and it will be difficult to break through the mid-March high of 24,874 points. China and the United States have reached a temporary agreement to reduce tariffs, and subsequent developments still deserve market attention. European stock markets were weak, with UK, French and German stocks falling 0.21%, 0.47% and 0.47% respectively. As US President Trump continued his visit to the Middle East, the market looked forward to more trade agreements. US stocks developed i...

The Hang Seng Index opened 55 points lower at 23,494 points and then widened its losses, falling 478 points to a low of 23,070 points. It fell 441 points, or 1.87%, for the day to 23,108 points. The Technology Index fell 177 points, or 3.26%, to 5,269 points. The Main Board's turnover was HK$219.8 billion. The market digested the news that China and the United States reached an agreement to temporarily reduce tariffs, and Hong Kong stocks gave up gains after eight consecutive days of gains. However, market funds are still ample, and the Hong Kong Interbank Offered Rate (HIBOR) has fallen across the board. Among them, the one-month mortgage-related rate has fallen for six consecutive days, causing the mortgage rate to fall below 3%. After China and the United States reached an agreement, market tensions were greatly eased; however, although tariffs were reduced, problems still exist. In addition, there are still certain variables in Sino-US relations, and it is difficult for the Chi...

China and the United States issued a joint statement on the Geneva economic and trade talks, and both sides significantly reduced tariffs on imported goods. The Hang Seng Index opened 316 points higher at 23,183 points, and rose 817 points to 23,685 points in the afternoon, reaching a high of more than a month. It rose 681 points or 2.98% to 23,549 points throughout the day, rising for the eighth consecutive trading day; the Technology Index rose 267 points or 5.15% to 5,447 points. Main Board turnover increased to HK$322.4 billion. The Hang Seng Index is expected to break through the 24,000 point mark today and will challenge the mid-March high of 24,874 points in the future, but will be constrained by 25,000 points. If there is an adjustment, the support level below is 22,500 points. The progress of China-US trade negotiations is faster than market expectations, and the stock market is expected to have a positive response. Investors will continue to pay close attention to the details...

The Hang Seng Index opened 80 points higher at 22,856 points and then fluctuated, rising 131 points to 22,907 points, and then fell 83 points to 22,692 points. It rose 91 points or 0.4% to 22,867 points for the day; the Technology Index fell 48 points or 0.93% to 5,180 points. The Main Board's turnover was HK$161.6 billion. Hong Kong stocks have risen for four consecutive weeks and for the seventh consecutive trading day, but the upward trend seems to have turned weak as investors at current levels have begun to wait and see, waiting for news on the Sino-US trade negotiations. In the short term, the Hang Seng Index is expected to have resistance at 23,300 points and support at 22,400 points. China and the United States negotiated on the tariff issue over the weekend. Assuming progress in the negotiations, U.S. brokerage firm Citigroup raised its Hang Seng Index target by 2% by the end of 2025. The latest estimate is 25,000 points, and a new target of 26,000 points was set for the f...

The US Federal Reserve kept interest rates unchanged. The Hang Seng Index opened 102 points lower at 22,589 points, then gradually recovered lost ground and turned upward. It once rose 287 points to 22,979 points, and then the increase narrowed. It rose 84 points or 0.37% to 22,775 points for the whole day, rising for 6 consecutive trading days; the Technology Index rose 28 points or 0.55% to 5,228 points. The Main Board's turnover was HK$185.8 billion. Daiwa Securities said that while uncertainty over U.S. trade policy remains, global investors appear to be pricing in possible concessions from U.S. President Trump on his reciprocal tariff policy, and most stock markets in the Asia-Pacific region have fully recovered their losses since April. The bank said that the Hang Seng Index is now close to its mid-year target of 22,770 points, equivalent to a forecast price-earnings ratio of 10.8 times and an 8.5% increase in corporate profits. It also forecast a target of 24,000 points by t...

The mainland announced a series of policies to stabilize the market. The Hang Seng Index opened 507 points higher at 23,169 points, and then rose 534 points to 23,197 points. The gains then gradually narrowed and closed at the intraday low of 22,691 points, up 29 points or 0.12%, recording five consecutive increases; the Technology Index fell 39 points or 0.75% to 5,200 points. The Main Board's turnover was HK$240 billion. The mainland has taken measures to rescue the market, and a series of stimulus measures have released 1 trillion yuan of liquidity, driving the Hang Seng Index to make up for the earlier decline. In addition, senior officials from China and the United States will negotiate on tariff issues. Under positive circumstances, market sentiment will be restored to the level before the tariff impact. It is expected that the Hang Seng Index can return to 24,000 points. If there is significant progress in tariffs, the best level can reach 25,000 to 26,000 points. However, a...

After opening 71 points higher at 22,576 points after a long holiday, the Hang Seng Index fell 55 points to 22,449 points before regaining its upward momentum, rising 242 points to a high of 22,747 points. It rose 158 points or 0.7% to 22,662 points throughout the day, marking its fourth consecutive day of gains. The Technology Index fell 4 points or 0.08% to 5,239 points. The main board traded HK$213.3 billion . The easing of Sino-US trade tensions and the strengthening of the Hong Kong dollar reflect the continued inflow of funds into the Hong Kong stock market. It is believed that the Hang Seng Index has the potential to rise further and test 23,500 points. The support below is at the 100-DMA (21,532). European stock markets developed individually, with British stocks rising slightly by 0.01% after the holiday, while French and German stocks fell by 0.4% and 0.41% respectively. The impact of the US tariff policy on US corporate performance emerged. US stocks came under pressure on T...

Hong Kong stocks performed well on the first trading day of May, as Monday was the Buddha's Birthday holiday. Last Friday, the Hang Seng Index rose 385 points or 1.74% to 22,504 points, recording three consecutive gains; the Technology Index rose 156 points or 3.07% to 5,244 points. The Main Board's turnover was HK$133.7 billion. Hong Kong stocks performed well, with the Hang Seng Index stabilizing at 22,000 and having the opportunity to move further upward. If there is any hope in the China-US tariff negotiations, it will be good for the stock market performance. The current valuation of the Hang Seng Index is not too high. Once the China-US talks are formally implemented and companies regain confidence in the outlook, the Hang Seng Index is expected to return to the 24,000 mark by mid-year. European stock markets developed differently on Monday, with French stocks closing down 0.55% and German stocks rising 1.12%; British stocks were closed for a holiday. The better-than-expe...

Hong Kong stocks performed well on the first trading day of May. The Hang Seng Index opened 73 points higher at 22,192 points, then fell 61 points to 22,058 points. It then resumed its upward trend, rising 413 points to 22,532 points. It rose 385 points or 1.74% to 22,504 points for the day, recording three consecutive increases. The Technology Index rose 156 points or 3.07% to 5,244 points. The Main Board's turnover was HK$133.7 billion. The Hong Kong stock market performed strongly, with the Hang Seng Index stabilizing at 22,000 and having the opportunity to move further upward. There is hope in the China-US tariff negotiations, which is good for the stock market performance. The current valuation of the Hang Seng Index is not too high. I believe that once the China-US talks are formally implemented and companies regain confidence in the outlook, the Hang Seng Index is expected to return to 23,000 or even 24,000 by the middle of the year. European stock markets were all up, with ...

Hong Kong stocks rose in the last trading day of April. After opening 30 points higher at 22,038 points, the Hang Seng Index fell 159 points to a low of 21,848 points. It then gradually recovered its lost ground, rising 121 points to 22,129 points at one point. It rose 111 points or 0.51% for the day to 22,119 points, marking its second consecutive day of gains. The Technology Index rose 67 points or 1.35% to 5,087 points. The Main Board's turnover was HK$201.5 billion. In April alone, the Hang Seng Index fell 1,000 points or 4.32%, and the Technology Index fell more than 5%. In the first four months of this year, the Hang Seng Index rose 2,059 points or 10.26%. Although some people believe that US President Trump's attitude toward China seems to have softened, China and the United States are still refusing to give in to each other in the trade war, and the two sides have not reached a consensus on the issue of tariffs, which is believed to continue to trouble the stock market....