Investment 15/10/2025

Sino-US relations continue to influence Hong Kong stocks. The Hang Seng Index opened 79 points higher at 25,969, then rose 213 points to 26,102 before encountering resistance and retreating. It fell 557 points in the afternoon to a low of 25,331, bringing its total loss to 25,441 points, down 448 points, or 1.73%, for the day. The Tech Index fell 222 points, or 3.61%, to 5,923 points. Main board turnover reached HK$398.9 billion.


The Hang Seng Index finally fell below its 50-DMA (25,822), but further sharp declines are unlikely. Support is expected around the 100-DMA (25,009). However, if it fails to break through 27,000, the current uptrend could end, potentially leading to a retest of the 150-DMA (24,274). Investors should closely monitor any deterioration in technical indicators and adjust their strategies accordingly.


US President Trump's long-running tariff war has accustomed the market to his "high-sale, low-repay" tactics, and concerns about the tariff war have eased somewhat, as the impact on US inflation and the economy appears to be minimal for now. Investors are likely to adopt a similar wait-and-see approach in this new round of Sino-US trade war, so panic is currently absent.


European stock markets saw mixed results, with UK stocks rising slightly by 0.1%, while French and German stocks fell by 0.18% and 0.62%, respectively. Japanese stocks resumed trading after the holiday, with the Nikkei index plummeting 2.58%, its biggest drop since April 11.


Concerns about the Sino-US trade war continue to plague the market, with US stocks experiencing a sharp drop on Tuesday before ultimately stabilizing. Technology stocks remained weak. The Dow Jones Industrial Average opened 195 points lower, extending its losses to as much as 615 points, hitting a low of 45,452. The S&P 500 fell as much as 1.5%, and the Nasdaq Composite dropped as much as 2.12%. Later, Federal Reserve Chairman Jerome Powell said in a speech that the Fed may stop shrinking its balance sheet in the coming months. This news helped the Dow Jones Industrial Average recover losses, rising as much as 455 points.


At the close of U.S. markets, the Dow Jones Industrial Average rose 202 points, or 0.44%, to 46,270; the S&P 500 fell 10 points, or 0.16%, to 6,644; and the Nasdaq Composite dropped 172 points, or 0.76%, to 22,521.


The U.S. dollar index fell 0.28% to 98.99, the euro rose 0.41% to $1.1617, and the yen rose as much as 0.44% to 151.61 per dollar. As concerns about a Sino-U.S. trade war intensified, the Australian dollar plummeted 1.15% to 64.4 U.S. cents. Poor employment data dragged the British pound down 0.63% to a two-month low of 1.3249. Cryptocurrencies were sold off again, with Bitcoin falling 4.89% to a low of $110,159. Gold prices, driven by safe-haven flows, hit another peak, with spot gold rising 1.69% to $4,179.7 per ounce and New York gold futures rising 1.4% to $4,190.9.

留言

張貼留言

這個網誌中的熱門文章

Investment 29/4/2026

圖片
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...
閱讀完整內容

Investment 24/4/2026

圖片
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...
閱讀完整內容

Investment 27/4/2026

圖片
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 ...
閱讀完整內容