Investment 7/11/2025

The Hang Seng Index opened 126 points higher at 26,061 and gradually extended its gains, rising as much as 555 points in the afternoon to a high of 26,490, closing up 550 points or 2.12% at 26,485. The Technology Index rose 158 points or 2.73% to 5,944. Main board turnover was HK$234.6 billion.


Although Hong Kong stocks rebounded sharply yesterday, market sentiment has become more cautious as the year-end approaches. Furthermore, with little focus on corporate earnings, the Hang Seng Index is expected to be capped by the key resistance level of 26,580, continuing to fluctuate between 25,500 and 26,500.


Investors continue to monitor changes in trading volume and the latest international financial news, especially given the current global economic environment and the continued market volatility. In terms of stock strategy, recent funds have tended to deploy in defensive high-yield sectors; investors are advised to consider increasing their holdings in mainland banks and telecommunications stocks. As for growth stocks, there has been no positive news to drive them recently, and they are expected to continue consolidating. It might be advisable to wait for a deeper correction in the sector before considering investment.


European stocks were weak, with the UK, French, and German stock markets falling 0.42%, 1.36%, and 1.31%, respectively.


US corporate layoffs surged, with over one million jobs cut in the first 10 months, the highest since the pandemic, triggering concerns about an economic downturn. US stocks were pressured on Thursday, with the Dow Jones Industrial Average opening 55 points lower and falling as much as 523 points to a low of 46,787. The S&P 500 once retreated 1.31%, and the tech-heavy Nasdaq Composite dropped as much as 2.08%.


At the close of trading in the US market, the Dow Jones Industrial Average was at 46,912 points, down 398 points or 0.84%; the S&P 500 fell 75 points or 1.12% to 6,720 points; and the Nasdaq Composite dropped 445 points or 1.9% to 23,053 points.


The US dollar index fell as much as 0.53% to 99.67, the euro rose 0.53% to $1.1554, the yen gained 0.83% to 152.83 per dollar, and the pound still rose 0.7% to $1.3143. Bitcoin, which had previously fallen below $100,000, dropped as much as 3.5% on Thursday to $100,543. The overall cryptocurrency market lost approximately $300 billion in market capitalization this week.

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Investment 24/4/2026

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