Investment 3/6/2025

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-DMA (22,145). The upper resistance is at the 10-DMA (23,460).


European stock markets developed individually, with British stocks slightly higher by 0.02%, while French stocks and German stocks fell by 0.19% and 0.28% respectively.


After the S&P 500 Index achieved its largest monthly increase in 35 years in May, the US stock market fell and then rebounded in June in the face of the renewed tension in Sino-US trade relations and poor US manufacturing data. The Dow Jones Industrial Average opened 70 points lower on Monday, and the decline widened to 416 points, reaching a low of 41,853 points; the S&P 500 Index fell 0.85%, and the Nasdaq, which is dominated by technology stocks, fell as much as 0.67%. However, the three major US stock indexes eventually rose.


At the close of the US stock market, the Dow Jones Industrial Average rose 35 points or 0.08% to 42,305 points; the S&P 500 Index rose 24 points or 0.41% to 5,935 points; and the Nasdaq rose 128 points or 0.67% to 16,242 points.


The US dollar index fell as much as 0.72% to a low of 98.61, the Japanese yen rose 1.03% to a high of 142.54 per dollar, and the euro rose 0.91% to a five-week high of $1.145. Bitcoin fell 1.2% to $103,712.

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Investment 24/4/2026

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