Investment 11/11/2025

Hoping for the end of the US government shutdown, the Hang Seng Index opened 77 points higher at 26,319, and the gains widened in the afternoon, rising as much as 427 points to 26,668, closing up 407 points or 1.55% at 26,649. The Technology Index rose 78 points or 1.34% to 5,915. Main board turnover was HK$214.7 billion.


The expectation of a short-term end to the US government shutdown spurred a rebound in Hong Kong stocks. Although the market recovered, trading volume was not strong, indicating cautious investor sentiment. If the Hang Seng Index can close above 26,500 for two consecutive trading days, the outlook for Hong Kong stocks can be more bullish. The first resistance level is the October 2 high of 27,381. If the Hang Seng Index can break through this level, it not only indicates that the market will seek new highs for the year, but also suggests the beginning of a new medium-term upward wave, with the first target at 29,617. If the market can initiate a new medium-term upward trend, the rise that began in the fourth quarter could technically continue into the first quarter of next year. Of course, active trading is essential to avoid limiting the upward momentum. Some Chinese securities firms predict a Hang Seng Index target of 28,000 to 29,000 points next year, with a "best-case" target of 31,000 points and a "best-case" target of 21,000 points.


European stock markets rose across the board, with British, French, and German stocks rising 1.08%, 1.32%, and 1.65% respectively.


A breakthrough in the US Senate's temporary federal government funding bill fueled market hopes that the longest government shutdown in US history might end, stimulating a significant rally in US stocks on Monday. The Dow Jones Industrial Average rose more than 400 points at one point, and the Nasdaq Composite surged more than 2%, while safe-haven assets, including US Treasuries and the Japanese yen, retreated. The Dow Jones Industrial Average opened 107 points higher and then extended its gains to as much as 425 points, reaching a high of 47,412. The S&P 500 rose as much as 1.67%, and the Nasdaq Composite jumped as much as 2.46%.


At the close of trading, the Dow Jones Industrial Average stood at 47,368, up 381 points or 0.81%; the S&P 500 rose 103 points or 1.54% to 6,832; and the Nasdaq Composite rose 522 points or 2.27% to 23,527.


The US dollar index fell as much as 0.15% to 99.455, the euro rose as much as 0.16% to $1.1585, and the yen fell as much as 0.54% to 154.25 against the dollar. Bitcoin rose as much as 2.01% to $106,616.

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Investment 24/4/2026

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