Investment 22/1/2026

The Hang Seng Index opened 90 points lower at 26,397, hitting its intraday low. It rose as much as 205 points in the afternoon, reaching a high of 26,692, closing up 97 points or 0.36% at 26,585. The Tech Index rose 62 points or 1.1% to 5,746. Main board turnover was HK$250.4 billion.


Hong Kong stocks ended a four-day losing streak, repeatedly testing the 27,000-point level without success. However, barring any new negative news, the market could still challenge the high of 27,381 points reached on October 2nd last year. Otherwise, the market will likely remain within the Bollinger Bands and the central axis, trading in a range of 26,300 to 27,100 points.


China's National Development and Reform Commission's policies aimed at stimulating the economy and boosting domestic demand should provide some support to the market. US President Trump stated at the World Economic Forum in Davos, Switzerland, that he would not use force to seize Greenland and sought immediate negotiations, temporarily easing tensions between the US and Europe.


European stock markets were mixed, with British and French stocks rising 0.11% and 0.08% respectively, while German stocks fell 0.58%.


US stocks rebounded sharply on Wednesday, with the Dow Jones Industrial Average opening 57 points higher and rising more than 500 points in early trading. Later, after meeting with NATO Secretary General Mark Rutte, Trump stated that the US and NATO had reached a framework for a Greenland agreement, and that the US would not impose tariffs on eight European countries related to Greenland as originally planned on June 1st. This news spurred the Dow Jones to rise as much as 806 points, reaching a high of 49,295 points, while the S&P 500 rebounded by as much as 1.67%, and the Nasdaq Composite rose by as much as 1.87%.


U.S. stocks closed higher. The Dow Jones Industrial Average rose 588 points, or 1.21%, to 49,077; the S&P 500 gained 78 points, or 1.16%, to 6,875; and the Nasdaq Composite climbed 270 points, or 1.18%, to 23,224.


The U.S. dollar index initially fell 0.26% to 98.38 before rebounding. The Japanese yen rose 0.23% to 157.75 against the dollar, while the euro fell 0.42% to $1.1677. Risk assets were sold off, with Bitcoin falling as much as 3.43% to $87,290.

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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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