Investment 5/1/2026

Hong Kong stocks performed remarkably well on the first trading day of 2026. The Hang Seng Index opened 86 points higher at 25,717 and gradually extended its gains, reaching a high of 26,345, a rise of 715 points. It closed the day up 707 points, or 2.76%, at 26,338. The Technology Index rose 220 points, or 3.99%, to 5,736. Turnover on the main board was HK$140.8 billion.

The Hang Seng Index gained 519 points over the week, breaking through the midline of its sideways trading range and the 50-DMA (25,973) with a bullish candlestick. It is expected to challenge the resistance at the top of the sideways trading range at 27,381.

US stocks generally rose slightly on Friday, with the three major indices showing mixed performance. The Dow Jones and S&P 500 ended their previous four-day losing streak, while the Nasdaq saw a slight decline.

At the close of trading on the US stock market, the Dow Jones Industrial Average rose 319 points, or 0.66%, to 48,382; the S&P 500 rose 12 points, or 0.19%, to 6,858; and the Nasdaq Composite fell 6 points, or 0.03%, to 23,235.

Key highlights included strong performance from semiconductor and chip stocks (such as Nvidia and Intel), which drove some of the gains, but a pullback in tech giants (such as Microsoft and Tesla) weighed on the Nasdaq's performance. Overall, this was the first trading day of 2026, and the market opened cautiously after a strong performance in 2025, ending a continuous downward trend at the end of the year.

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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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