Investment 6/5/2025

Hong Kong stocks performed well on the first trading day of May, as Monday was the Buddha's Birthday holiday. Last Friday, the Hang Seng Index rose 385 points or 1.74% to 22,504 points, recording three consecutive gains; the Technology Index rose 156 points or 3.07% to 5,244 points. The Main Board's turnover was HK$133.7 billion.

Hong Kong stocks performed well, with the Hang Seng Index stabilizing at 22,000 and having the opportunity to move further upward. If there is any hope in the China-US tariff negotiations, it will be good for the stock market performance. The current valuation of the Hang Seng Index is not too high. Once the China-US talks are formally implemented and companies regain confidence in the outlook, the Hang Seng Index is expected to return to the 24,000 mark by mid-year.

European stock markets developed differently on Monday, with French stocks closing down 0.55% and German stocks rising 1.12%; British stocks were closed for a holiday.

The better-than-expected growth in U.S. non-farm payrolls in April eased market concerns about an economic recession. Coupled with the market's fantasy that the U.S. and China will soon start consultations on trade issues, the investment atmosphere was positive. U.S. stocks performed significantly better last 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.

However, the uncertainties of the global trade war continue to trouble investors. In addition, the United States may not reach a trade agreement with China soon. However, the latest service industry data is ideal. U.S. stocks fluctuated and were weak on Monday. The Dow opened 144 points lower and the decline widened to 253 points, hitting a low of 41,063 points. It then rose 126 points to a high of 41,443 points. The S&P 500 fell 0.92% at one point, ending the past nine trading days of consecutive gains. The Nasdaq, which is dominated by technology stocks, fell as much as 1.03%.

At the close of U.S. stocks on Monday, the Dow Jones Industrial Average fell 98 points, or 0.24%, to 41,218 points; the S&P 500 fell 36 points, or 0.64%, to 5,650 points; and the Nasdaq fell 133 points, or 0.74%, to 17,844 points.

The U.S. dollar index was under pressure, falling as much as 0.57% to 99.46; the euro rose 0.6% to $1.1365, and the yen rose 0.98% to 143.54 per dollar. Bitcoin fell as much as 2.3% to $93,532.

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