Investment 21/5/2025

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 across the board, with UK, French and German stocks rising 0.94%, 0.75% and 0.42% respectively.

The market was watching the progress of trade negotiations between the United States and other countries. In addition, several Federal Reserve officials expressed concerns that tariff policies would have an adverse impact on the economy and inflation. U.S. stocks came under pressure on Tuesday. The Dow opened 56 points lower and then widened its decline to as much as 306 points, hitting a low of 42,485. The S&P 500 once gave up 0.91%, and the Nasdaq, which is dominated by technology stocks, fell as much as 1.04%.

At the close of U.S. stock markets, the Dow Jones Industrial Average fell 114 points, or 0.27%, to 42,677 points; the S&P 500 fell 23 points, or 0.39%, to 5,940 points, ending its six-day winning streak; and the Nasdaq fell 72 points, or 0.38%, to 19,142 points.

The U.S. dollar index fell 0.39% to 100.03, the euro was at $1.1287, up 0.38%, and the yen rose 0.53% to 144.09 per dollar. Bitcoin fell as much as 1.21% to $104,214, before rising more than 1%.

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Investment 24/4/2026

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