Investment 18/7/2025

The Hang Seng Index opened 29 points higher at 24,547 points, then rose 154 points to 24,672 points, then fell 69 points to a low of 24,447 points, and fell 18 points or 0.07% to 24,498 points for the day; the Technology Index rose 30 points or 0.56% to 5,448 points. The main board traded HK$236.4 billion.


The market conditions of Hong Kong stocks that rose first and then fell yesterday were not ideal, indicating that the counterattack intention of the short-term friends and big investors has increased, and the short-term friends should begin to converge their offensive. Whether the Hang Seng Index can rise above the high of 24,874 on March 19 is the key to the future market. The recent multiple attempts have failed to break through and stabilize above it, reflecting that the resistance at this level is not light. However, the mainland's retail and fixed investment data last month were not as expected, reflecting that the economy may need more stimulus measures to support it. If the Central Political Bureau meeting held at the end of the month delivers a strong policy direction, it is believed that it will be beneficial to the stock market. In addition, there are reports that US President Trump has softened his stance on China. If the two countries further advance the process of a trade agreement, it is believed that it will also be beneficial to the market atmosphere and become an opportunity for the market to break through. In terms of stocks, you can pay attention to lagging technology stocks. Citi issued a strategy report, giving the Hang Seng Index a target of 25,000 points by the end of this year and a target of 26,000 points by the middle of next year.


European stock markets performed well, with the UK, France and Germany stock markets rising by 0.52%, 1.29% and 1.51% respectively.


US retail sales data was better than expected, and many US companies had good performance. US stocks fluctuated upward on Thursday. The Dow opened 24 points lower and fell as much as 54 points. It then rose 303 points to a high of 44,558 points. The S&P 500 and Nasdaq both broke through the intraday highs and set a record high at the close. The S&P 500 rose 0.65% to 6,304 points, and the Nasdaq, which is dominated by technology stocks, jumped as much as 0.87% to 20,911 points.


At the close of the U.S. stock market, the Dow Jones Industrial Average rose 229 points, or 0.52%, to 44,484 points; the S&P 500 rose 33 points, or 0.54%, to 6,297 points; and the Nasdaq rose 155 points, or 0.74%, to 20,884 points.


The U.S. dollar index rebounded by as much as 0.57% to 98.95; the Japanese yen fell 0.82% to 149.09 per dollar; and the euro fell 0.72% to $1.1557. Bitcoin fell by as much as 2.09% to $117,492.

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