Investment 15/12/2025

The Hang Seng Index opened 230 points higher at 25,761 and maintained its upward trend, with gains widening in the afternoon, rising as much as 475 points to 26,006. It closed the day up 446 points, or 1.74%, at 25,976. The Tech Index rose 103 points, or 1.86%, to 5,638. Main board turnover was HK$242.6 billion.


Although Hong Kong stocks rebounded on Friday, the Hang Seng Index remained constrained by the 50-DMA (26,116). Unless it breaks through and holds above this level this week, the double-top threat may be averted. If it falls below the neckline of the double top at 25,145, it will at least fall to the 250-DMA (23,781), a key level for bull and bear markets. In a weaker scenario, the measured decline could reach 22,900. The Hang Seng Index is expected to fluctuate between 25,145 and 26,116 before the end of the year. The Central Economic Work Conference emphasized prioritizing domestic demand and building a strong domestic market. This primarily benefits consumer stocks, but its impact on the Hang Seng Index (HSI) is relatively limited given its constituent stock structure.


European stock markets closed slightly lower, with UK, German, and French stocks falling 0.56%, 0.45%, and 0.21%, respectively.


Technology stocks continued to face selling pressure, putting pressure on US stocks on Friday. The Dow Jones Industrial Average hit a record high before falling, while the Nasdaq Composite Index saw even deeper declines. The Dow Jones opened slightly higher by 10 points, then extended its gains to as much as 182 points, reaching a high of 48,886, before plunging as much as 369 points to a low of 48,334. The S&P 500 fell as much as 1.44%, while the technology-heavy Nasdaq Composite Index fell as much as 2.12%.


U.S. stocks closed lower. The Dow Jones Industrial Average fell 245 points, or 0.51%, to 48,458; the S&P 500 dropped 73 points, or 1.07%, to 6,827; and the Nasdaq Composite plunged 398 points, or 1.69%, to 23,195. For the week, the Dow rose 1.05%, the S&P 500 fell 0.63%, and the Nasdaq Composite dropped 1.62%.


The U.S. dollar index rose 0.19% to 98.531; the euro fell 0.15% to $1.172. The UK's October GDP contracted by 0.1%, and the pound fell 0.34% to $1.3342. Bitcoin fell 4% to $89,651. Market speculation about further interest rate cuts by the Federal Reserve next year fueled a surge in precious metals, with spot gold prices approaching their October record high.

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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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