Investment 13/5/2025

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 of tariffs and will also pay attention to the release of large technology stocks this week. It is believed that the first quarter results have not yet reflected the impact of the tariff war, and the report card is expected to perform well.


European stock markets generally performed well, with British and French stocks rising 0.59% and 1.37% respectively. However, German stocks, dragged down by military stocks, fell 0.6% after breaking the peak, and rose 0.29% at the close.


China and the United States have made a major breakthrough in resolving the trade war. The two countries agreed to reduce tariffs by 90 days. U.S. Treasury Secretary Bessan stated that the United States does not want to decouple its economy from China. In addition, the Chinese and U.S. heads of state may have a phone call later this week, which injected strong momentum into the U.S. stock market on Monday.


After the Dow Jones Industrial Average opened 649 points higher, the increase expanded to as much as 1,168 points, reaching a high of 42,418 points; the S&P 500 once rebounded 3.28%, and the Nasdaq rose 4.36%, close to re-entering a technical bull market. All three major indexes closed close to their intraday highs.


At the close of U.S. stocks, the Dow Jones Industrial Average soared 1,160 points, or 2.81%, to 42,410 points; the S&P 500 rose 184 points, or 3.26%, to 5,844 points; and the Nasdaq rose 779 points, or 4.35%, to 18,708 points.


The U.S. dollar exchange rate suddenly strengthened, and the U.S. dollar index rose 1.63% to 101.98. Safe-haven currencies were under significant pressure. The yen plunged 2.25% to 148.65 per dollar at one point, the Swiss franc also depreciated 1.95%, the dollar hit a high of 0.8475 Swiss francs, and the euro slipped 1.63% to $1.1067. Bitcoin fluctuated and fell 4.4% to $100,888.

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