Investment 23/5/2025

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 Index may face resistance at the 24,000 mark, but has strong support at the 23,000 mark, and is expected to fluctuate and improve in the future.


European stock markets fell across the board, with UK, French and German stocks falling 0.54%, 0.58% and 0.51% respectively.


Although the U.S. 30-year long bond yield continued to be high, rising by 5.78 basis points to 5.1501% at one point, heavyweight technology stocks performed well. U.S. stocks developed individually on Thursday. The Dow Jones Industrial Average opened 96 points lower and then widened its decline to as much as 146 points, hitting a low of 41,714 points. It rose as much as 229 points in the late stage, hitting a high of 42,090 points, but the gains eventually evaporated; the S&P 500 once rebounded by 0.57%, and the Nasdaq rebounded by 1%.


At the close of U.S. stocks, the Dow Jones Industrial Average was at 41,859 points, down 1 point; the S&P 500 fell 2 points, or 0.04%, to 5,842 points; and the Nasdaq rose 53 points, or 0.28%, to 18,925 points.


The U.S. dollar index rebounded as much as 0.56% to 100.12, the euro gave up 0.65% to $1.1257, and the yen fell 0.5% to 144.4 per dollar. Bitcoin set a new record for two consecutive days, rising 3.6% to $111,940

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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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