Investment 25/8/2025

The Hang Seng Index opened 100 points higher at 25,205 and maintained its upward trend, rising as much as 244 points to 25,349. The index rose 234 points, or 0.93%, to 25,339 for the day. The Tech Index rose 149 points, or 2.71%, to 5,647. Main Board turnover reached HK$285.5 billion. For the week, the Hang Seng Index gained 69 points, or 0.27%, marking its third consecutive week of gains, totaling 831 points.


Last Friday, the Hang Seng Index finally broke through its sideways trend around its 20-DMA (25,111). Today, it may break through significant upward resistance: the August 14 high of 25,766 points, challenging the 26,000 level. Recent earnings reports from listed companies have generally met expectations, reflecting the gradual improvement of the mainland economy. Coupled with the impending interest rate cut cycle, the Hong Kong stock market is expected to continue its upward trend in the second half of the year. The Hang Seng Index is expected to test 27,500 points, and in an optimistic scenario, 30,800 points.


European stocks closed higher, with UK, French, and German stocks rising 0.13%, 0.4%, and 0.29%, respectively.


U.S. Federal Reserve Chairman Jerome Powell delivered a speech at the Jackson Hole Global Central Bank Annual Meeting on Friday (22nd), cautiously opening the door to resuming interest rate cuts in September, stating that shifts in the underlying outlook and the balance of risks could warrant adjustments to the policy stance. His remarks significantly heightened investor expectations for rate cuts, sending the Dow Jones Industrial Average to new intraday and closing highs, surging nearly 1,000 points at one point. After opening 167 points higher, the Dow's gains intensified following Powell's remarks, reaching a high of 45,757, up 972 points. The S&P 500 reversed a five-day losing streak, rebounding 1.71% to 6,478. The Nasdaq Composite rose 2.11% to 21,545.


At the close of U.S. stock markets, the Dow Jones Industrial Average rose 846 points, or 1.89%, to 45,631; the S&P 500 rose 96 points, or 1.52%, to 6,466; and the Nasdaq Composite rose 396 points, or 1.52%, to 21,496. For the week, the Dow Jones Industrial Average climbed 1.5%, the S&P 500 rose 0.3%, and the Nasdaq retreated 0.6%.


The U.S. dollar came under significant pressure, with the USD/USD index falling 1.1% to 97.56 at one point, while the Japanese yen rose 1.2% to 146.58 per dollar. The euro rose 1.17% to $1.1744. Bitcoin rose 5.1% to $117,407 at one point.

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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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