Investment 19/9/2025

The Hang Seng Index opened lower by 44 points, or 0.17%, before briefly rising to 27,058. The decline intensified in the afternoon, falling as much as 586 points to 26,322. It closed at 26,544, down 363 points, or 1.35%. The Tech Index fell 63 points, or 0.99%, to 6,271. Market turnover exceeded HK$413.3 billion.

As expected, Hong Kong stocks adjusted after the announcement of the interest rate cut, with the Hang Seng Index retreating after touching 27,000. Overall sentiment remains positive. It is believed that after consolidating around 26,500 in the short term, there is still a chance to challenge this year's high, possibly reaching 27,500. The Tech Index, supported by strong support from large-cap tech stocks, is expected to outperform the Hang Seng Index. The US Federal Reserve implemented a 0.25% interest rate cut as expected. The market generally believes there is still room for two more rate cuts this year, which will positively impact asset prices. The continued weakness of the US dollar is also positive for emerging markets, including Hong Kong stocks.

European stock markets rose across the board, with UK, French, and German stocks rising 0.21%, 0.87%, and 1.35%, respectively.

The Federal Reserve cut interest rates. Furthermore, President Trump will speak with Xi Jinping by phone today at 9:00 PM Hong Kong time, marking the first direct contact between the Chinese and US presidents since June. Topics will include the future of the short video-sharing platform TikTok and the tariff truce between China and the US. Driven by technology stocks, all three major US indexes broke intraday highs on Thursday (the 18th) and set new closing highs. The Dow opened 38 points higher, extending its gains to as much as 299 points, reaching a high of 46,317. The S&P 500 rose 0.86% to 6,656. The tech-heavy Nasdaq Composite rose 1.26% to 22,540.

At the close of U.S. stock markets, the Dow Jones Industrial Average rose 124 points, or 0.27%, to 46,142; the S&P 500 rose 31 points, or 0.48%, to 6,631; and the Nasdaq Composite rose 209 points, or 0.94%, to 22,470.

The U.S. dollar index rose 0.75% to 97.604, while the euro fell 0.53% to $1.175. The Bank of England kept interest rates unchanged but slowed the pace of quantitative tightening (QT), sending the pound down 0.68% to $1.3534. The Bank of Japan is expected to hold its rate steady after its interest rate meeting on Friday, sending the yen down 0.87% to 148.27 per dollar. Bitcoin rose 1.96% to $117,926.

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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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