Investment 3/10/2025

Hong Kong stocks performed well on the first trading day of the fourth quarter. The Hang Seng Index opened 62 points higher at 26,918 and continued to rise, rising as much as 526 points to a four-year high of 27,381. The index rose 431 points, or 1.6%, to 27,287, marking its third consecutive day of gains. The Tech Index rose 217 points, or 3.35%, to 6,682. Despite the absence of Northbound capital inflows, the Main Board's turnover reached HK$222.4 billion.


Despite the risk of a US government shutdown and the latest employment data being worse than expected, the upward trend of US stocks remained unaffected. Hong Kong stocks have recently resumed their upward trend, driven by technology stocks. Even with the suspension of Northbound capital inflows, the Hang Seng Index still broke through the 27,000 mark in the intraday session. Investors are optimistic that US stocks will remain strong amid the interest rate cut cycle, and news of mainland China's national policies have boosted market sentiment. It is believed that the Hong Kong stock market's upward trend has not reversed and has the potential to challenge the 28,000 mark. Support lies at the 20-DMA (26,300).


European stock markets showed mixed results, with the UK closing down 0.2%, while French and German stocks rose 1.13% and 1.28%, respectively.


Amidst hopes that the US government shutdown would eventually be resolved, US stocks fluctuated and stabilized on Thursday. The Dow Jones Industrial Average opened 20 points higher, rising as much as 148 points before falling as much as 157 points. The S&P 500 rose 0.31% to a record intraday high of 6,731, while the Nasdaq Composite also broke its record, rising 0.64% to 22,900.


At the close of US markets, the Dow Jones Industrial Average rose 78 points, or 0.16%, to 46,519; the S&P 500 rebounded 4 points, or 0.06%, to 6,715; and the Nasdaq rose 88 points, or 0.39%, to 22,844.

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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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