Investment 12/5/2025

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 first half of next year. Assuming the US cuts interest rates, Hong Kong stocks will benefit even more.

European stock markets were on the rise, with UK and French stocks closing up 0.27% and 0.64% respectively; Germany's DAX index rose 0.82% to 23,543 points, becoming the first major European stock index to break the record high in March and recovering all the losses since Trump launched the trade war. It still closed up 0.63% at 23,499 points, setting a record closing high.

The weekend trade talks between China and the United States were shrouded in a cloud of uncertainty. U.S. stocks rose and then fell on Friday, with the Dow Jones Industrial Average falling by more than 200 points at one point. After opening 37 points higher, the Dow Jones Industrial Average's gains briefly expanded to 143 points, before falling as much as 217 points to a low of 41,150. The S&P 500 rose 0.49%, and the tech-heavy Nasdaq rose as much as 0.79%, before both turned downward.

At the close of U.S. stock markets, the Dow Jones Industrial Average fell 119 points, or 0.29%, to 41,249 points; the S&P 500 fell 4 points, or 0.07%, to 5,659 points; and the Nasdaq was roughly unchanged. Last week, the Dow Jones Industrial Average fell 0.2%, the S&P 500 fell 0.5%, and the Nasdaq fell 0.3%.

The U.S. dollar index fell 0.55% to 100.09; the euro rose 0.61% to $1.1296; the yen rebounded 0.73% to 144.84 per dollar. After breaking through $100,000 for the first time since February on Thursday, Bitcoin rose another 1.68% to $104,335 on Friday.

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Investment 29/4/2026

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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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