Investment 16/5/2025

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 level.


European stocks were generally positive, with UK and German stocks closing up 0.57% and 0.72% respectively, while French stocks rose slightly by 0.21%.


Alibaba (09988)'s revenue was slightly lower than expected, and its American Depositary Receipts (ADS) share price fell 7.6%, 6.2% lower than Hong Kong prices. US retail giant Walmart's profit declined last quarter. At the same time, large technology stocks consolidated after a sharp rise. US stocks developed individually on Thursday. The Dow Jones Industrial Average fell and then rose. It opened 273 points lower, the lowest point of the day at 41,777 points, and turned upward in the middle. Near the close of the market, the increase expanded to 300 points, reaching 4,2351 points. The S&P 500 fell 0.47% and then rose, marking the fourth consecutive trading day of gains. The Nasdaq, which is dominated by technology stocks, fell as much as 0.94%, and then fluctuated weakly.


At the close of U.S. stocks, the Dow Jones Industrial Average rebounded 271 points, or 0.65%, to 42,322 points; the S&P 500 rose 24 points, or 0.41%, to 5,916 points; and the Nasdaq Composite gave up 34 points, or 0.18%, to 19,112 points.


The U.S. dollar index fell 0.45% to 100.589, the euro rose 0.5% to $1.123, and the yen rose 0.91% to 145.42 per dollar. Bitcoin fell as much as 2.07% to $101,428.

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