Investment 5/5/2025

Hong Kong stocks performed well on the first trading day of May. The Hang Seng Index opened 73 points higher at 22,192 points, then fell 61 points to 22,058 points. It then resumed its upward trend, rising 413 points to 22,532 points. It rose 385 points or 1.74% to 22,504 points for the day, recording three consecutive increases. The Technology Index rose 156 points or 3.07% to 5,244 points. The Main Board's turnover was HK$133.7 billion.


The Hong Kong stock market performed strongly, with the Hang Seng Index stabilizing at 22,000 and having the opportunity to move further upward. There is hope in the China-US tariff negotiations, which is good for the stock market performance. The current valuation of the Hang Seng Index is not too high. I believe that once the China-US talks are formally implemented and companies regain confidence in the outlook, the Hang Seng Index is expected to return to 23,000 or even 24,000 by the middle of the year.


European stock markets were all up, with UK, French and German stocks closing up 1.17%, 2.33% and 2.62% respectively.


The better-than-expected growth in U.S. non-farm payrolls in April eased market concerns about an economic recession. In addition, U.S. Secretary of State Rubio believes that the U.S. and China will soon start consultations on trade issues, which is beneficial to the investment atmosphere. U.S. stocks performed significantly better on Friday (2nd), with the Dow Jones Industrial Average rising by more than 600 points at one point, and the S&P 500 recovering the losses after U.S. President Trump announced reciprocal tariff measures on April 2nd.


After opening 207 points higher, the Dow Jones Industrial Average expanded its gains to as much as 633 points in the mid-session, reaching a high of 41,386 points. The S&P 500 rose for nine consecutive trading days, the longest winning streak in 21 years. It rose as much as 1.72% to 5,700 points during the session, rebounding 14% from its low on April 8. The tech-heavy Nasdaq rose as much as 1.91%.


At the close of U.S. stocks, the Dow Jones Industrial Average was at 41,317, up 564 points, or 1.39%; the S&P 500 rose 82 points, or 1.47%, to 5,686; and the Nasdaq rose 266 points, or 1.51%, to 17,977. Last week, the Dow Jones Industrial Average rose 3%, the S&P 500 rose 2.9%, and the Nasdaq gained 3.4%.


The U.S. dollar index fell 0.85% to 99.397 at one point. Eurozone inflation continued to rise by 2.2% in April, higher than the expected increase of 2.1%. The euro rose by 0.81% to 1.1381 US dollars; the yen rebounded by 1.14% to 143.73 per dollar. The offshore RMB exchange rate against the U.S. dollar (CNH) rose above the 7.21 yuan level in the late U.S. market, reaching a high of 7.2095 yuan, a sharp increase of 684 points. Bitcoin rose as much as 1.6% to $97,813.

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