Investment 17/10/2025

The Hang Seng Index opened 20 points lower at 25,890, then briefly rose 152 points to 26,062. Selling pressure subsequently emerged, pushing the index down 223 points to 25,687. The decline narrowed in late trading, leaving the index down 22 points, or 0.08%, at 25,888. The Tech Index fell 71 points, or 1.18%, to 6,003. Main Board turnover totaled HK$275.4 billion .


The Hang Seng Index regained its 50-DMA (25,803), suggesting strong support at this level. However, yesterday's turnover was less than 300 billion yuan. Even with another rebound, the bottom of Monday's downtrend at 26,247 remains a significant short-term resistance level that urgently needs to be broken. A wait-and-see mood is expected in the market in the short term, but significant correction pressure is unlikely. Support lies below 25,200 points.


The market continues to monitor the progress of the Sino-US trade war. Although recent signs of a softening in US rhetoric have boosted market sentiment, past experience suggests that the issue cannot be considered resolved, and further fluctuations are expected. Besides the Sino-US trade war, Hong Kong stocks must also monitor the direction of Mainland China's 15th Five-Year Plan and the Federal Reserve's interest rate meeting.


European stock markets stabilized across the board, with UK stocks rising slightly by 0.12%, while French and German stocks closed up 1.38% and 0.38% respectively.


US stocks rebounded modestly on Thursday before reversing sharply lower due to news of regional bank bad debts. The Dow Jones Industrial Average opened 35 points higher, extending its gains to as much as 169 points, reaching a high of 46,422. It then plunged as much as 472 points, hitting a low of 45,781. The S&P 500 fell 1.16%, and the tech-heavy Nasdaq Composite Index, which had initially climbed 0.96%, fell 1.17%.


At the close of U.S. stock markets, the Dow Jones Industrial Average fell 301 points to 45,952; the S&P 500 fell 41 points, or 0.63%, to 6,629; and the Nasdaq Composite dropped 107 points, or 0.47%, to 22,562.


The U.S. dollar index fell for three consecutive days, dropping 0.5% to 98.3. The Japanese yen rose 0.56% to 150.22 per dollar, while the euro rose 0.41% to $1.1697. The U.K.'s gross domestic product (GDP) rose 0.1% in August, meeting expectations, sending the British pound up 0.39% to $1.3455. Australia's unemployment rate climbed to 4.5% in September, higher than expected, and weak job growth dragged the Australian dollar down 0.63% to 64.71 U.S. cents.


Bitcoin briefly plunged 3.8% to $107,678. The gold price continued to rise, with spot gold prices rising 2.66% to $4,320.37 per ounce, setting a new record high.

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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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