Investment 6/11/2025

The Hang Seng Index opened 250 points lower at 25,701, and the decline widened to 456 points at one point, reaching a low of 25,496. The losses then gradually narrowed, and the index even rebounded by 28 points to 25,980, closing down 16 points or 0.06% at 25,935. The Technology Index fell 32 points or 0.55% to 5,785. Main board turnover was HK$238.8 billion.


Hong Kong stocks narrowed their losses towards the end of yesterday's trading session, but the Hang Seng Index still closed below its 10-day, 20-day, and 50-day moving averages. However, it is expected to recover all of these today, with strong support at the 100-DMA (25,356). Market concerns have arisen regarding the overvaluation of US tech companies, worrying that these companies may not reap corresponding returns after significant investments. Coupled with the partial shutdown of the US federal government and waning expectations of a December Fed rate cut, this has led to a valuation adjustment in US stocks, particularly in the technology sector. Hong Kong stocks weakened significantly after the "trade war 2.0" and were inevitably affected by external adjustments. A volatile and slightly weak trend is expected in the Hong Kong stock market, and investors should remain cautious at this stage.


European stocks rallied in late trading, with the UK, French, and German indices rising 0.64%, 0.08%, and 0.42% respectively.


Despite lingering concerns about high valuations in technology stocks, some investors took advantage of dips, and stronger-than-expected private sector job growth indicated a stable job market. US stocks rebounded on Wednesday, with the Dow Jones Industrial Average opening 12 points higher before briefly turning slightly lower, then rebounding as much as 375 points to a high of 47,460. The S&P 500 rose as much as 0.86%, and the tech-heavy Nasdaq Composite rose as much as 1.23%.


U.S. stocks closed with the Dow Jones Industrial Average at 47,311, up 225 points or 0.47%; the S&P 500 rose 24 points or 0.37% to 6,796; and the Nasdaq Composite gained 151 points or 0.65% to 23,499.


The U.S. dollar index rose as much as 0.14% to 100.36, while the euro fell 0.11% to $1.1469. The pound rose as much as 0.25% to $1.3054 after the Bank of England announced its interest rate decision on Thursday, expecting the benchmark rate to remain at 4%. The yen fluctuated, falling 0.45% to 154.35 against the dollar. Bitcoin jumped 5.6% to $104,594. Gold prices reversed a three-day losing streak, rising as much as 1.48%.

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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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