Investment 19/11/1025

The Hang Seng Index opened 212 points lower at 26,172 and continued its decline, falling as much as 562 points in the afternoon to a low of 25,821. It closed down 454 points, or 1.72%, at 25,930. The Technology Index fell 111 points, or 1.93%, to 5,645. Main board turnover was HK$242.1 billion.


Global investment sentiment deteriorated, impacting Hong Kong stocks. The Hang Seng Index lacked upward momentum, marking its third consecutive day of decline. The Hang Seng Index has broken below the 10-day, 20-day, and 50-day moving averages, and will likely test the support of the 100-day moving average (25,598). Whether a medium-term correction in Hong Kong stocks has officially begun will depend on whether the previous medium-term upward wave peak, namely the mid-March high of 24,874, is breached. From another perspective: The 0.382 Fibonacci retracement level for the rise from the early April low of 19,260 to 27,381 is 24,279.


European stocks declined across the board, with the UK, French, and German markets falling 1.27%, 1.86%, and 1.74% respectively.


Nvidia's earnings are due this Wednesday, leading to increased investor caution. Coupled with weak earnings from Home Depot, US home improvement retailer, US stocks continued to be pressured on Tuesday. The Dow Jones Industrial Average opened 207 points lower and then extended its losses to a maximum of 676 points, reaching a low of 45,913. The S&P 500 fell by about 1.47%, and the Nasdaq Composite plunged as much as 2.1%. The VIX volatility index, commonly known as the "fear index," surged as much as 15.5% to 28.8.


U.S. stocks closed with the Dow Jones Industrial Average down 498 points, or 1.07%, to 46,091; the S&P 500 down 55 points, or 0.83%, marking its fourth consecutive day of losses, to 6,617; and the Nasdaq Composite down 275 points, or 1.21%, to 22,432.


The U.S. dollar index fell as much as 0.19% to 99.4, while the euro rose 0.16% to $1.1611. Bitcoin fell below $90,000 for the first time in seven months, plunging as much as 2.83% to $89,231.

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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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