Investment 19/1/2026

The Hang Seng Index opened 171 points higher at 27,094, then rose as much as 252 points to 27,176 before falling back to a low of 26,741, a drop of 182 points. It closed down 78 points, or 0.29%, at 26,844. The Tech Index fell 6 points, or 0.1%, to 5,822. Main board turnover was HK$255 billion.


The Hang Seng Index has challenged the 27,000-point mark for three consecutive days but has failed to hold, making a breakthrough in the short term difficult. Since last year, the Hang Seng Index has been fluctuating between 25,000 and 27,300 points, with significant resistance expected in this range. Investors should closely monitor the situation in the Middle East and the still unresolved US tariff case involving Trump.


CK Hutchison Holdings (00001) shares reached a near four-year high, closing at HK$60.5, up 1.76%. JPMorgan Chase recently raised its target price for CK Hutchison Holdings to HK$68, maintaining an "overweight" rating. The company cited the Watsons spin-off as a potential boost to the group's net asset value by 9%, and also cited several other potential value-adding projects, including a £10-15 billion telecommunications spin-off and the sale of its global port business, as reasons for the price increase.


Markets continued to focus on developments in Iranian politics, but risk aversion eased temporarily. US and European stock markets consolidated on Friday. Better-than-expected quarterly results from TSMC and strong capital expenditure forecasts continued to support semiconductor equipment stocks, with ASML shares rising 1.6%. However, European stocks fluctuated and softened, with UK, French, and German stocks falling 0.04%, 0.65%, and 0.22%, respectively.


U.S. stocks fluctuated and weakened on Friday as tech stocks struggled to rally and investors digested corporate earnings reports. The Dow Jones Industrial Average opened 24 points higher and rose as much as 174 points to a high of 49,616, nearing a record high, before falling as much as 196 points to a low of 49,246. The S&P 500 rose as much as 0.33%, and the Nasdaq Composite rose as much as 0.57%, before both indices turned negative.


At the close, the Dow Jones Industrial Average fell 83 points, or 0.16%, to 49,359; the S&P 500 dropped 4 points, or 0.06%, to 6,940; and the Nasdaq Composite also fell 14 points, or 0.06%, to 23,515.


The U.S. dollar index fell as much as 0.16% to 99.16 before stabilizing; the euro rose 0.18% to $1.163 before weakening. Japanese Finance Minister Satsuki Katayama again warned of a weak yen, which rose as much as 0.51% to 157.82 against the US dollar. Bitcoin fell as much as 1.47% to $94,375. Meanwhile, easing geopolitical tensions led to safe-haven outflows, causing spot gold prices to fall as much as 1.72% to a low of $4,536.9 per ounce, while spot silver prices plunged 5.98% to $86.89 per ounce.

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Investment 29/4/2026

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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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