Investment 24/10/2025

The Hang Seng Index opened 63 points lower at 25,718, then fell 190 points to 25,591 in early trading. The market rebounded in the afternoon, rising as much as 299 points to 26,080, closing up 186 points, or 0.72%, at 25,967. The Tech Index rose 28 points, or 0.47%, to 5,951. Main Board turnover was HK$245.2 billion.


Hong Kong stocks rebounded yesterday, barely holding above the 50-DMA (25,948) at the close, but then retraced the 26,000-point mark. Following the strong performance of the Hong Kong stock market in the first three quarters, both institutional and retail investors may take advantage of negative news to take profits. The market is expected to continue fluctuating around the Hang Seng Index's 50-DMA in the short term, potentially testing the 26,200-point resistance level today. Support is expected to remain near 25,000 points. The collapse of the US-Russia summit has raised concerns about renewed geopolitical tensions and the market is waiting to see how Sino-US trade relations progress, all of which have had a certain impact on Hong Kong stocks.


European stock markets performed well, with UK, French, and German stocks rising 0.67%, 0.23%, and 0.23%, respectively.


Washington's heavy sanctions on Russian oil giants, coupled with Ukraine's intensified attacks on Russian refineries, have fueled a sharp rise in international oil prices and boosted oil stocks. US stocks fluctuated on Thursday. After the Dow opened 71 points lower, the White House announced that President Trump will meet with Chinese President Xi Jinping during his trip to Asia next week. Following the announcement, the Dow Jones Industrial Average rose as much as 211 points to 46,802. The S&P 500 rose 0.75%, while the tech-heavy Nasdaq Composite Index rose as much as 1.07%.


At the close of U.S. markets, the Dow Jones Industrial Average rose 144 points, or 0.31%, to 46,734; the S&P 500 rose 39 points, or 0.58%, to 6,738; and the Nasdaq Composite rose 201 points, or 0.89%, to 22,941.


The U.S. dollar index rose 0.24% to 99.14, while the euro fell 0.22% to $1.1585 before stabilizing. The Japanese yen fell for the fifth consecutive day, dropping another 0.55% to 152.8 per dollar. Bitcoin briefly rebounded 4.2% to $110,323. Spot gold prices rose 1.37% to $4,151.61 per ounce.

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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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