Investment 15/8/2025

Hong Kong stocks retreated from their highs, snapping a three-day winning streak. The Hang Seng Index opened 152 points, or 0.6%, higher, reaching a high of 25,766 in the morning session before retreating, ending the day down 94 points, or 0.37%, at 25,519. The Tech Index fell 54 points, or 0.97%, to 5,576. Market turnover exceeded HK$270.1 billion.


While the Hong Kong stock market may have broken out of its narrow range, it broke through last month's high of 25,744 points yesterday before retracing its losses. Further correction is expected today, but the 10-DMA (25,000) offers strong support. The recent upward trend and increased trading volume in the Hong Kong stock market are partly due to expectations of interest rate cuts and the continued weakness of the US dollar, which is more favorable for Hong Kong stocks and makes Hong Kong dollar-denominated assets more attractive. Market sentiment has also been boosted by the performance of leading technology companies. However, the Hong Kong stock market has seen significant gains, making corrections inevitable.


European stock markets rose across the board, with the UK, France, and Germany markets rising 0.13%, 0.84%, and 0.79%, respectively.


U.S. producer prices rose at their fastest pace in three years in July, and money markets indicate a slightly reduced chance of a Federal Reserve rate cut in September. U.S. stocks fluctuated and consolidated at high levels on Thursday. The Dow Jones Industrial Average opened 31 points lower, then fell as much as 231 points to a low of 44,690. The S&P 500 fell 0.39% before closing slightly higher, reaching a record high for the third consecutive day. The Nasdaq Composite Index fell as much as 0.4% during the session.


At the close of trading, the Dow Jones Industrial Average fell 11 points to 44,911; the S&P 500 rose 2 points, or 0.03%, to 6,468; and the Nasdaq fell 2 points, or 0.01%, to 21,710.


The US dollar index rose as much as 0.49% to 98.32, the Japanese yen rose 0.79% to 146.21 per dollar, and the euro fell 0.64% to $1.1631. Bitcoin hit a record high of $124,517 before falling sharply, plummeting 5.3% to a low of $117,523.

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Investment 29/4/2026

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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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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 ...
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