Investment

On the settlement day of the futures index last Friday, the Hang Seng Index opened 125 points higher at 24,451 points, then rose 146 points to 24,471 points, and then turned from rising to falling. In the afternoon, it fell 130 points to a low of 24,194 points. The whole day fell 41 points or 0.17% to 24,284 points; the technology index fell 3 points or 0.07% to 5,341 points. The main board turnover was HK$275.1 billion. The overall market sentiment was cautious, and the performance of Hong Kong stocks fluctuated, affected by many factors, including expectations of Trump's tariff policy and the performance of mainland economic data. Technical analysis shows that the Hang Seng Index has recently recorded a positive candle, and may continue to rise repeatedly in the short term, with the target possibly pointing to the mid-March high of 24,874, and the upper resistance still exists. If the Hang Seng Index breaks through 25,000 points, the next target is the 26,200 mark. However, the v...

The Hang Seng Index opened 150 points higher at 24,327 points, and then rose 356 points to 24,533 points. It rose 297 points or 1.23% to 24,474 points throughout the day, rising for four consecutive trading days; the Technology Index rose 61 points or 1.15% to 5,359 points. The main board turnover was HK$267.8 billion. As tensions in the Middle East eased, Hong Kong stocks continued to rise and have risen above the June high of 24,439 points. There is a chance to rise further to 24,874 in the future. If it falls below 23,307 due to overbought adjustments, it will have to test the support level at 22,668. The Hang Seng Index has risen to the current level, and the valuation is already high. Investors should be cautious when entering the market. Pay close attention to the Fed's movements, Hong Kong stock trading volume and technical indicators. European stock markets were under pressure, with British, French and German stocks falling 0.46%, 0.76% and 0.61% respectively. As the situat...

The Hang Seng Index opened 143 points higher at 23,832 points and continued to rise, rising 540 points to 24,229 points at one point, and rose 487 points or 2.06% to 24,177 points for the day; the Technology Index rose 110 points or 2.13% to 5,297 points. The main board turnover was HK$240.4 billion. The Hang Seng Index may continue to fluctuate around the 50-day line (23,020), tending to be weak, with the key support level at 22,668 points. If it falls below, it may further drop to 22,461, 21,850 or even 21,239 points. The easing of tensions in the Middle East is believed to be conducive to the rebound of Hong Kong stocks. However, the global trade war is still continuing. After the Hang Seng Index re-crosses the 24,000 mark, the upward momentum is limited. It is expected to rise to 24,500 points, which is the top estimated by foreign investors this year, and the selling pressure will be heavy. In the short term, the 50-day line has support. However, some brokerages have raised the Ha...

The Hang Seng Index opened 194 points lower at 23,335 points, then fell 257 points to 23,272 points, then gradually recovered lost ground and turned up, closing up 158 points or 0.67% at 23,689 points, the highest point of the day; the China Enterprises Index rose 70 points or 0.82% to 8,597 points; the Technology Index rose 53 points or 1.04% to 5,187 points. The main board turnover was HK$198.5 billion. The US airstrike on three Iranian nuclear facilities has heated up the geopolitical situation, but it is believed that it will have little impact on Hong Kong stocks. However, considering that investment sentiment tends to be cautious and there is a lack of positive news stimulation, unless the situation in the Middle East turns around, the Hang Seng Index will not have much upward momentum and will maintain a consolidation pattern in the short term, with support at 23,000 below. European stock markets were weak, with British, French and German stocks falling 0.19%, 0.69% and 0.35% re...

The Hang Seng Index opened 53 points higher at 23,291 points, which was the lowest point of the day. It then rose 300 points to 23,538 points, up 292 points or 1.26% for the day, to 23,530 points, ending a three-day decline; the Technology Index rose 44 points or 0.88% to 5,133 points. The main board turnover was HK$222.4 billion. The market is watching the development of the situation in the Middle East, and there are no surprises in the important meetings in the Mainland. Hong Kong stocks have taken advantage of the situation to adjust in recent days. However, in terms of technical trends, the bottom of the Bollinger Band on the Hang Seng Index daily chart is about 22,981 points, and the middle axis of the Bollinger Band on the weekly chart is 22,965 points. It is believed that there is some support at this level. It is expected that the Hang Seng Index will fluctuate between 23,000 and 24,000 points in the short term. European stock markets developed individually. UK retail sales in...

The Federal Reserve FOMC meeting ended, and the current interest rate of 4.25-4.5% will continue to be maintained. The dot plot shows that the interest rate will be cut twice throughout the year. However, the number of interest rate cuts will be reduced by one each next year. Yesterday, the US stock market rose in the morning, and the major indexes fell sharply after Powell's speech. The US Federal Reserve kept the interest rate unchanged, and the Hong Kong stock market continued to weaken after opening low. After opening 90 points or 0.38% lower, the Hang Seng Index fell by more than 500 points at one point, and fell 472 points or 1.99% throughout the day to 23,237 points; the technology index fell 126 points or 2.42% to 5,088 points. The main board traded 220 billion Hong Kong dollars. The policy details of the 8 financial measures launched by the mainland are not surprising, and it is difficult to push Hong Kong stocks upward for the time being. The Hang Seng Index is not cheap ...

The Hang Seng Index opened 120 points lower at 23,859 points and continued to fall, falling 348 points to 23,631 points at one point, and fell 269 points or 1.12% to 23,710 points for the day; the Technology Index fell 77 points or 1.46% to 5,214 points. The main board turnover was HK$181.9 billion. The situation in the Middle East continued to be tense, and the latest US retail data was also poor, but the panic sentiment did not spread. Although the Hong Kong stock market followed the external pressure, the adjustment range was also limited. In addition, the market is looking forward to the important meeting in the Mainland or the introduction of policies to support the financial market. If the Hang Seng Index can hold above the 20-DMA (23,717) and close, it is still expected to re-reach the 24,000 mark in the future; on the contrary, once it is confirmed that the 20-DMA  has been lost, there is a chance to test the support of the 100-DMA (22,691). The weakening of the US dollar h...

The Hang Seng Index opened 46 points higher at 24,107 points, then rose 70 points to 24,131 points, and then fluctuated and weakened. It fell 180 points to 23,880 points in the afternoon, and fell 80 points or 0.33% to 23,980 points throughout the day; the Technology Index fell 8 points or 0.15% to 5,291 points. The main board turnover was HK$202.1 billion. The rebound of US stocks overnight helped Hong Kong stocks to a certain extent. It is believed that the Hang Seng Index has certain technical support at 24,000. However, the progress of Sino-US trade negotiations is still uncertain, and the mainland's economic data last month is not ideal. The Hong Kong stock market has little momentum in the short term. The Hang Seng Index is expected to remain in the range of 24,000 to 25,000 points. European stock markets were weak, with British, French and German stocks falling 0.46%, 0.76% and 1.12% respectively. The poor performance of the latest US retail data, coupled with Israel's e...

The Hang Seng Index regained the 24,000 mark. After opening 100 points lower at 23,791 points, the decline widened to 173 points, reaching a low of 23,718 points. After that, the bulls and bears fought each other. The upward trend expanded in the afternoon, rising 232 points to 24,125 points at one point, and rose 168 points or 0.7% to 24,060 points for the whole day; the technology index rose 60 points or 1.14% to 5,299 points. The main board turnover was HK$229.2 billion. The situation in the Middle East is tense, but the impact on Hong Kong stocks is not strong. Unless there is more positive news from the Sino-US trade talks, the market will mainly consolidate in the short term. The short-term support of the Hang Seng Index is 23,600 points. If it fails, there is a chance to test the 50-day moving average (22,763). The upper resistance is between 24,500 and 24,800 points. Resource stocks, shipping stocks and pharmaceutical stocks are expected to continue to be the focus of speculati...

Tensions in the Middle East escalated. The Hang Seng Index opened 75 points lower at 23,959 points, then rose 64 points to 24,100 points. Selling pressure intensified afterwards, and the Hang Seng Index fell 260 points to 23,774 points. The full-day drop was 142 points or 0.59% to 23,892 points; the China Enterprises Index fell 74 points or 0.85% to 8,655 points; the Technology Index fell 91 points or 1.71% to 5,239 points. The main board turnover was HK$294.2 billion. The market originally had expectations for the Sino-US trade negotiations, but the tariff rate on China remained at 55%, making it difficult for Hong Kong stocks to be hyped up by good news. The Hang Seng Index once rose above 23,917 points last week, and the market turned to wait-and-see, forming a narrow tug-of-war situation. The market closed below it for the whole week. The weekly candlestick showed a "shooting star". If the big candlestick falls this week, it will confirm the negative signal. In the short ...

The Hang Seng Index opened 143 points lower at 24,223 points and continued to fall. It fell 364 points to 24,002 points in the late trading. It fell 331 points or 1.36% to 24,035 points for the whole day; the Technology Index fell 119 points or 2.19% to 5,331 points. The main board turnover was HK$244.4 billion. There has been progress in the Sino-US trade negotiations, but the market is still skeptical about whether the entire trade war can be calmed down. As Hong Kong stocks have accumulated a lot of gains recently, some funds may take profits first, and the market is inevitably under adjustment pressure. The Hang Seng Index is expected to fluctuate between 23,800 and 24,500 points in the short term. Investors should pay attention to the auction of long-term US bonds to determine the market demand for US bonds. In addition, it is worth noting whether the timetable for interest rate cuts will be implemented at the Federal Reserve's interest rate meeting next week. Under the strong...

The Hang Seng Index opened 28 points higher at 24,191 points and maintained its upward trend, rising as much as 276 points to 24,439 points, up 204 points or 0.84% ​​for the day to 24,366 points; the Technology Index rose 59 points or 1.09% to 5,451 points. The main board turnover was HK$235.1 billion. There are reports that China and the United States have reached a framework agreement on trade negotiations. In addition, there will be an important meeting in the Mainland next week. The market is looking forward to the announcement of major financial policies, which will support the performance of the market. Hong Kong stocks are in high spirits. The Hang Seng Index has broken through the 24,000 mark. It is believed that there is still room for further increase in the future, repeatedly challenging 24,900 points, and the support below is at 23,500 points. In an optimistic situation, the Hang Seng Index may climb to 26,200 points before the fourth quarter. However, high-chasing should p...

Although Trump said that the China-US talks were going smoothly, the market waited and watched the progress of the talks. Investors were wary and Hong Kong stocks were mixed. The Tech Index performed relatively well and closed down 0.8% for the day. The Hang Seng Index opened 49 points higher at 24,231 points and then mixed. It rose 115 points to 24,296 points. However, the selling pressure increased in the afternoon and it fell 178 points to 24,003 points. It closed 18 points or 0.07% lower for the day at 24,162 points. The Tech Index fell 41 points or 0.75% to 5,392 points. The main board traded HK$250.3 billion. The China-US trade negotiations continued. The market expected a positive outcome of the talks, which was good for the investment atmosphere. The Hang Seng Index is now consolidating above 24,000 and is expected to continue to rise in the future. Unless there are major changes in the Sino-US trade negotiations, the Hong Kong stock market should continue to rise. The Hang Sen...

China and the United States will start trade negotiations in London, which is good for the market sentiment. The Hang Seng Index opened 185 points higher at 23,977 points and continued to rise, eventually closing at the all-day high of 24,181 points, up 388 points or 1.63%; the Technology Index rose 146 points or 2.77% to 5,433 points. The main board turnover was HK$245.8 billion. The dialogue between the Chinese and US heads of state has investors looking forward to the improvement of global trade relations and believes that the news in June will be positive. Unless there are major changes in the Sino-US trade negotiations, Hong Kong stocks should continue to rise strongly. The Hang Seng Index is expected to challenge 24,500 to 24,800 points in the short term, and the support below is at 23,500 points. In the optimistic scenario, the Hang Seng Index may reach 26,200 points before the fourth quarter, which is about 10% higher than the current potential upside, equivalent to the top of ...

Last Friday, the Hang Seng Index opened 34 points higher at 23,941 points, then fluctuated and weakened, falling 133 points to 23,773 points at one point, and fell 114 points or 0.47% to 23,792 points for the whole day; the Technology Index fell 33 points or 0.62% to 5,286 points. The main board turnover was HK$235.6 billion. The Hang Seng Index has recently fluctuated between 23,000 and 23,800 points. The return of northbound funds (southbound funds) provided some support to the market, but the relatively weak performance of technology stocks limited the upside of the index. China and the United States still maintain good relations and tend to resolve trade conflicts, but since the market had certain expectations earlier, the stimulus to the stock market was limited. In addition, the performance of blue-chip technology stocks was not too surprising, which made the market rise to 24,000 with certain resistance. It is expected that the Hang Seng Index will be in the range of 23,100 to 2...

The Hang Seng Index opened 174 points higher at 23,828 points and then maintained its upward trend. It rose 257 points to 23,911 points. It rose 252 points or 1.06% to 23,906 points for the whole day, rising for three consecutive days; the Technology Index rose 100 points or 1.93% to 5,319 points. The main board turnover was HK$222 billion . Hong Kong stocks have rebounded for several days, but it is difficult to break through 24,000 points in the short term. Traditionally, the market conditions in June are relatively quiet. Companies have announced their results one after another, and there may not be new policies before the half-year end. Hong Kong stocks lack good news in the short term, but the market conditions this year are still optimistic. Investors can take advantage of the sell-off to increase their positions. Some investors believe that the risk of economic downturn is controllable; and said that if calculated at a target price-earnings ratio of 11 times, the Hang Seng Index...

The Hang Seng Index opened 12 points lower at 23,499 points and then fluctuated upwards, rising 204 points to 23,716 points at one point, and rose 141 points or 0.6% to 23,654 points for the whole day; the Technology Index rose 29 points or 0.56% to 5,219 points. The main board turnover was HK$212.6 billion. The Chinese and US heads of state may hold a dialogue this week, and the trade relations between the two countries are expected to cool down. In addition, the mainland's manufacturing purchasing managers' index (PMI) last month was still at a contraction level. The market is looking forward to the introduction of national policies to support the economy, which is also good for the market atmosphere. Entering June, the Hong Kong stock market once fell below 23,000 and then quickly recovered the lost ground. As long as the top of the gap in early April, that is, the 50-DMA(22,690), is maintained, the market outlook should not be pessimistic. European stock markets are upward,...

The Hang Seng Index opened 123 points higher at 23,281 points, and then rose 377 points to 23,535 points. It rose 354 points or 1.53% to 23,512 points throughout the day; the Technology Index rose 55 points or 1.07% to 5,189 points. The main board turnover was HK$203.6 billion . The Chinese and US heads of state may hold a dialogue this week. The market is looking forward to helping ease the trade differences between the two countries. In addition, the return of Northbound funds after the holiday, Hong Kong stocks rebounded on Tuesday (3rd). However, there are still variables in the Sino-US trade negotiations, which is believed to limit investors' confidence in entering the market and have limited stimulating effects on Hong Kong stocks. It is expected that the Hang Seng Index will face great resistance to rise to the 24,000 mark in the short term. European stock markets performed well, with British, French and German stocks rising by 0.15%, 0.34% and 0.67% respectively. The OECD l...

Hong Kong stocks adjusted at the beginning of June, but the 23,000 mark was regained. The Hang Seng Index opened 246 points lower at 23,043 points and continued to fall, falling 621 points at one point to 22,668 points. The decline gradually narrowed in the afternoon, and the whole day fell 131 points or 0.56% to 23,157 points, falling for two consecutive days; the technology index fell 36 points or 0.7% to 5,134 points. The main board turnover was HK$145.2 billion. The market is worried that the Sino-US trade negotiations have reached a deadlock, and the mainland stock market is closed for holidays. With the suspension of northbound capital and the lack of positive news, Hong Kong stocks are under obvious adjustment pressure in the short term. It is believed that the market will not see the real situation until the northbound capital returns today (Tuesday). Pay attention to whether the Hang Seng Index can find support at the 50-DMA (22,737). If it fails, it may further test the 100-D...

On the last trading day of May, the Hang Seng Index opened 233 points lower at 23,339 points and continued to fall, falling 410 points to 23,163 points, and fell 283 points or 1.2% to 23,289 points throughout the day; the Technology Index fell 131 points or 2.48% to 5,170 points. The main board traded HK$271.5 billion. As the tariff war launched by US President Trump continues to affect the global financial market, the recent US debt problem has once again aroused concerns. In addition, the recent northbound capital inflow has slowed down significantly, and large blue chips have announced their results one after another, but the driving effect on the market is limited. Hong Kong stocks lack upward momentum in the short term. China may launch more "employment protection and economic protection" policies before the end of this month to cope with the downward pressure on the economy. In terms of technical trends, although the middle axis of the Bollinger Band is still moving upw...