Investment 8/9/2025

The Hang Seng Index opened 77 points higher at 25,136 and maintained its upward trend, rising as much as 413 points to a high of 25,471. The index rose 359 points, or 1.43%, to 25,417 for the day. The Tech Index rose 108 points, or 1.94%, to 5,687. Main Board turnover reached HK$299.9 billion. For the week, the Hang Seng Index rose 340 points, or 1.4%, while the Tech Index gained 13 points, or 0.2%, marking its fifth consecutive week of gains.


Hong Kong stocks rebounded last Friday, ending a three-day losing streak and reclaiming their 10- and 20-day moving averages. Last week, Hong Kong stocks experienced increased volatility, with the Singapore Hong Kong Stock Index futures, commonly known as "black futures," trading dozens of points below the Hang Seng Index over the weekend. Analysts believe this is partly due to the recent surge in government bond yields in many countries, disrupting foreign investment and encouraging capital gains while Hong Kong stocks remain relatively high. The US Federal Reserve will hold its interest rate meeting next Tuesday and Wednesday. While the market generally believes a rate cut is imminent, the volatile geopolitical situation will inevitably lead to further profit-taking, potentially limiting the short-term gains of Hong Kong stocks. According to technical analysis, the market has only closed above 25,600 points four times this year. If the Hong Kong stock market fails to break through this resistance level in the short term, it is expected to remain in a range-bound pattern, trapped between 24,800 and 25,800 points.


European stock markets continued to weaken, with UK, French, and German stocks closing down 0.09%, 0.31%, and 0.73%, respectively.


US non-farm payrolls increased by only 22,000 in August, far fewer than the upwardly revised 79,000 in July and the market expectation of 75,000. The employment data reinforced market expectations of a rate cut at the Fed meeting later this month. US stocks rose before falling on Friday, with all three major indexes hitting intraday record highs. The Dow Jones Industrial Average opened 35 points higher and rose 148 points before reversing course, plummeting 409 points to a low of 45,211. The S&P 500 fell as much as 0.89% after breaking its peak, while the tech-heavy Nasdaq Composite also reversed course and fell as much as 0.8% from its record high.


At the close of trading, the Dow Jones Industrial Average was still down 220 points at 45,400; the S&P 500 fell 20 points, or 0.32%, to 6,481; and the Nasdaq fell 7 points, or 0.03%, to 21,700.


The US dollar index fell as much as 0.93% to a new low of 97.43 in over a month. The Japanese yen rebounded 1.12% to 146.82 per dollar, while the British pound rose 0.9% to $1.3556.The Hang Seng Index opened 77 points higher at 25,136 and maintained its upward trend, rising as much as 413 points to a high of 25,471. The index rose 359 points, or 1.43%, to 25,417 for the day. The Tech Index rose 108 points, or 1.94%, to 5,687. Main Board turnover reached HK$299.9 billion. For the week, the Hang Seng Index rose 340 points, or 1.4%, while the Tech Index gained 13 points, or 0.2%, marking its fifth consecutive week of gains.

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Investment 24/4/2026

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Investment 27/4/2026

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