Investment 16/12/2025

The Hang Seng Index opened 258 points lower at 25,718 and continued its downward trend, falling as much as 367 points in the afternoon to a low of 25,609, closing down 347 points or 1.33% at 25,628. The Technology Index fell 139 points or 2.47% to 5,498. Main board turnover was HK$204.2 billion.


Unless the index returns to and holds above the 50-DMA (26,083) this week, the double-top threat can be mitigated; otherwise, a break below the neckline of the double top at 25,145 would likely lead to a drop to at least the 250-day moving average (23,801), a key level for bull and bear markets. With the year-end approaching, investor buying interest is reduced, and the Hang Seng Index is expected to remain range-bound between 25,145 and 26,083. A return above the 50-DMA after the Bank of Japan's interest rate decision cannot be ruled out. For those seeking a market rebound, large-cap technology stocks may be worth considering.


European stocks performed well, with British, French, and German stocks rising 1.06%, 0.7%, and 0.18%, respectively.


US stocks initially rose on bullish forecasts from Wall Street banks but then fell. The Dow Jones Industrial Average opened 136 points higher on Monday, rebounding as much as 221 points to a high of 48,679, before reversing course and falling as much as 174 points to a low of 48,283. The S&P 500 rose as much as 0.5%, and the Nasdaq Composite recovered as much as 0.65%, before both turning negative.


At the close, the Dow Jones Industrial Average fell 41 points, or 0.08%, to 48,416; the S&P 500 declined 10 points, or 0.16%, to 6,816; and the Nasdaq Composite fell 137 points, or 0.59%, to 23,057.


The US dollar index fell 0.26% to 98.14, while the euro rose 0.26% to $1.1772. Expectations of a Bank of Japan rate hike this week surged, pushing the yen up 0.64% to 154.84 against the dollar. Bitcoin fell below the $86,000 mark, hitting a low of $85,380, a drop of 5.1%. Spot gold prices rose as much as 1.18%, reaching $4,350.33 per ounce.

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Investment 29/4/2026

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The Hang Seng Index opened 111 points lower at 25,814 and continued its downward trend, falling as much as 316 points in the afternoon to a low of 25,609. It closed down 245 points, or 0.94%, at 25,679. The Technology Index fell 112 points, or 2.28%, to 4,827. Total market turnover was HK$262.3 billion. It is anticipated that the US and Iran will not reach a negotiation agreement soon; furthermore, the liquidity drain and the upcoming May Day holiday have contributed to the two consecutive days of decline in Hong Kong stocks. The Hang Seng Index may test the support level of the 250-day moving average (25,404), while the 100-day moving average (26,098) will turn from support to resistance. Investors should not rush into the market now but should adopt a risk-averse strategy, waiting for the Hang Seng Index to potentially fall to the 24,409 level before considering buying on dips to position for a rebound. European stocks traded mixed, with the UK FTSE 100 rising slightly by 0.11%, whil...
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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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