Investment 7/8/2025

The Hang Seng Index opened 38 points lower, falling as much as 96 points to 24,806. Following strong performance by A-shares, the Hong Kong stock market surged as much as 100 points near midday, reaching 25,002, but the gains subsequently narrowed, closing up 8 points at 24,910. The Hang Seng Index rose for three consecutive days, adding 402 points. The Tech Index rose 11 points, or 0.2%, to 5,532. Market turnover declined for the fourth consecutive day, falling to HK$215.2 billion yesterday.


The market is not expected to fall further in the short term, but there are currently no positive factors to break through the 10-DMA (25,115) resistance level. The market is embracing Tencent, likely driven by optimism about its earnings. If buying continues before next Wednesday's earnings announcement, it could push the market above its 10-day moving average. If the results fail to deliver a positive performance, the Hang Seng Index could fall back to its March peak of 24,874 points. A break below the 50-DMA  (24,282) would signal a drop of over 1,000 points, reaching 23,000 points. A break above last month's high of 25,744 points and 26,000 points would confirm a double bottom pattern. Based on the measured gains, the medium- to long-term target could be 30,800 points. The focus on the Hong Kong stock market is currently on the August earnings season, with relatively quiet external markets. Even a US interest rate cut would likely have to wait until September.


European stock markets performed well, with UK, French, and German stocks rising 0.24%, 0.18%, and 0.33%, respectively.


Driven by a surge of more than half a percent in Apple's stock price, US stocks rallied on Wednesday. The Dow Jones Industrial Average opened 84 points higher, then fluctuated to as much as 178 points higher, reaching a high of 44,290. The S&P 500 rose 0.85% at one point, and the Nasdaq Composite rose 1.28% at one point. At the close, the Dow Jones Industrial Average rose 81 points, or 0.18%, to 44,193; the S&P 500 rose 45 points, or 0.73%, to 6,345; and the Nasdaq rose 252 points, or 1.21%, to 21,169.


The US dollar index fell as much as 0.66% to 98.13, the euro rose 0.8% to $1.1671, and the Japanese yen rose 0.43% to 146.98 per dollar. Bitcoin rose as much as 2.1% to $115,720.

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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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