Investment 1/9/2025

The Hang Seng Index opened 96 points higher at 25,095, then expanded its gains to 278 points, reaching a high of 25,277. The index rose 78 points, or 0.31%, to 25,077 for the day. The Tech Index rose 30 points, or 0.53%, to 5,674. Main Board turnover reached HK$335.6 billion.


For August, the Hang Seng Index rose 304 points, or 1.22%, marking its fourth consecutive month of gains. For the week, it fell 261 points, or 1.03%.


Although Hong Kong stocks stabilized after three consecutive days of decline last Friday, they failed to close above the 20-DMA (25,165). Fortunately, the Hang Seng Index's 14-day RSI remains some distance from overbought levels, suggesting continued optimism for the market outlook, with the potential for new highs this year. However, if support from the 50-DMA (24,881) is breached, a correction to 23,375 is possible. Because: Based on the golden ratio, the Hang Seng Index rose from its April low of 19,260 to its recent high of 25,918, a cumulative increase of 6,658 points. A 0.382-fold correction would bring it to 23,375 points.


European stocks fell across the board, with UK, French, and German stocks down 0.32%, 0.76%, and 0.57%, respectively.


Remaining high in the US may pose a challenge to the Federal Reserve's September rate cut, coupled with a sell-off in chip stocks, putting pressure on US stocks on Friday. The Dow Jones Industrial Average opened 45 points lower and then extended its losses to as much as 259 points, hitting a low of 45,377. The S&P 500 also retreated from its record high, falling 0.88%. The Nasdaq Composite Index fell as much as 1.42%.


At the close of U.S. markets, the Dow Jones Industrial Average fell 92 points to 45,544; the S&P 500 fell 41 points, or 0.64%, to 6,460; and the Nasdaq Composite dropped 249 points, or 1.15%, to 21,455.


The U.S. dollar index briefly rose 0.33% to 98.134 before turning slightly lower. The Japanese yen fell 0.33% to 147.41 per dollar. Germany's preliminary August inflation reading unexpectedly accelerated to 2.2%, sending the euro down 0.27% before stabilizing. The trade war dragged down Canada's economy, which contracted by 1.6% in the second quarter. The Canadian dollar fell 0.23% before recovering. Bitcoin fell over 3% in late trading to $107,900.

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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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