Investment 15/1/2026

The Hang Seng Index opened 123 points higher at 26,971, rising as much as 249 points to 27,097. In the afternoon, influenced by news of mainland exchanges raising margin requirements, the Hang Seng Index briefly fell 68 points to a low of 26,780, before recovering to close up 151 points or 0.56% at 26,999, marking its fourth consecutive day of gains. The Technology Index rose 38 points or 0.65% to 5,908. Main board turnover was HK$340.3 billion.


Given the current investment climate, Hong Kong stocks are expected to perform well. However, whether they can stabilize above the 27,000 mark depends on further catalysts, such as corporate earnings and the performance of A-shares. HSBC Global Research released its Asian market investment outlook report, reiterating its year-end target of 31,000 for the Hang Seng Index, equivalent to a projected price-to-earnings ratio of 13.5 times and a 10% earnings per share growth for constituent stocks this year, maintaining an "overweight" rating.


In European stock markets, French and German stocks fell 0.19% and 0.53% respectively, while British stocks rose 0.46%.


Amidst the ongoing conflict in the Middle East, funds continued to flow into precious metals as a safe haven, pushing spot gold prices to a new record high, rising as much as 1.23% to $4,643.18 per ounce. US stocks continued to be under pressure, with the Dow Jones Industrial Average opening 103 points lower and then widening its losses to as much as 340 points, reaching a low of 48,851 points. The S&P 500 fell as much as 1.12%, and the tech-heavy Nasdaq Composite Index dropped as much as 1.7%.


At the close of trading, the Dow Jones Industrial Average fell 42 points, or 0.09%, to 49,149 points; the S&P 500 fell 37 points, or 0.53%, to 6,926 points; and the Nasdaq Composite Index plunged 238 points, or 1%, to 23,471 points.


The US dollar index fluctuated, falling as much as 0.2% to 98.93, while the euro rose as much as 0.18% to $1.1666. Japanese Finance Minister Satsuki Katayama verbally intervened in the yen's weakness, causing the yen to rebound 0.67% from an 18-month low to 158.1 against the dollar. Bitcoin rose as much as 3.92% to a two-month high of $97,724.

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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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