Investment 23/6/2025

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 May fell sharply by 2.7% month-on-month. British stocks closed slightly lower by 0.2%, while French and German stocks rose by 0.48% and 1.27% respectively.


US stocks developed individually after the holiday on Friday. Today is the "quadruple witching day" of US stocks, which is the settlement day for futures and options of indexes and individual stocks. The value of the futures contracts involved is as high as 6.5 trillion US dollars. According to past records, the market conditions on that day are generally more volatile, but the market conditions on the US stock market on the Quadruple Witching Day last Friday were calm. After opening 119 points higher, the Dow Jones Industrial Average expanded its gains to a maximum of 260 points, reaching a high of 42,432 points, and the gains narrowed at the close; the S&P 500 once rebounded by 0.62%, and closed down for three consecutive days. The Nasdaq, which is dominated by technology stocks, rose by 0.77%, but the Nasdaq is still under relatively large selling pressure.


At the close of the U.S. stock market, the Dow Jones Industrial Average narrowed its gains to 35 points, or 0.08%, at 42,206 points; the S&P 500 fell 13 points, or 0.22%, to 5,967 points; and the Nasdaq fell 98 points, or 0.51%, to 19,447 points.


The U.S. dollar index fell 0.37% to 98.538, and then the decline narrowed significantly; the Japanese yen fell 0.52% to 146.22 per dollar; the euro rose 0.42% to $1.1546. Bitcoin rose as much as 2.15% to $106,536.

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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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