Investment 8/8/2025

The Hang Seng Index opened 71 points, or 0.29%, higher, then fluctuated around 24,900 points in the early trading. It ended the day up 171 points, or 0.68%, at 25,081. The Tech Index rose 14 points, or 0.26%, to 5,546. Market turnover exceeded HK$245.7 billion.


The Hang Seng Index broke through the 25,000 mark and closed above the resistance level of its 10-DMA (25,056). If it can break through last month's high of 25,744 points and rise above 26,000 points, it would confirm an upward trend. Based on the measured increase, the mid-term target is 30,800 points. If the Hong Kong stock market corrects, the Hang Seng Index's support level is at 24,500 points. If it falls below the 50-DMA (24,318), it could fall by over 1,000 points, reaching the 23,000 point level.


European stock markets saw mixed results. UK stocks closed down 0.69%, dragged down by oil and telecom stocks; French and German stocks rose 0.97% and 1.12%, respectively.


Washington granted tariff exemptions to semiconductor companies manufacturing chips in the United States, boosting US technology stocks. However, the latest jobs data showed a worsening unemployment situation, with 226,000 new claims for unemployment benefits, weighing on market sentiment. US stocks saw mixed results on Thursday. The Dow Jones Industrial Average opened higher and surged as much as 305 points to 44,498, but was dragged down by individual industrial and other stocks, quickly falling 393 points to 43,799. The S&P 500 dipped 0.55%, while the tech-heavy Nasdaq climbed as much as 1.13% to 21,408, a record closing high.


At the close of U.S. stock markets, the Dow Jones Industrial Average fell 224 points, or 0.51%, to 43,968; the S&P 500 fell 5 points, or 0.08%, to 6,340; and the Nasdaq Composite rose 73 points, or 0.35%, to 21,242.


The U.S. dollar index rose 0.3% to 98.47, the euro fell 0.41% to $1.1613, and the yen rose 0.46% to 146.69 per dollar.


The Bank of England cut interest rates by 0.25 percentage points, but the number of officials who supported holding steady was greater than expected, dampening market expectations of further rate cuts. The British pound rose 0.7% to $1.345. Bitcoin rebounded as much as 2.8% to $117,494.

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Investment 29/4/2026

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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...
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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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