Investment 6/1/2026

The Hang Seng Index opened 22 points higher at 26,361, then saw a struggle between bulls and bears, falling as low as 82 points to 26,256 and rising as high as 107 points to 26,445, closing up 8 points or 0.03% at 26,347. The Technology Index rose 5 points or 0.09% to 5,741. Main board turnover was HK$283.4 billion.


On Monday (5th), northbound capital inflows totaled HK$18.7 billion, without bringing heavy selling pressure, and Hong Kong stocks remained relatively strong. Heavyweight technology stocks were favored by funds, traditional stocks continued to perform well, and with the positive performance of the mainland stock market, if the Hang Seng Index breaks through the 27,000-point mark, it may challenge the resistance at the recent sideways trading range top of 27,381. However, geopolitical risks should be noted, with the 50-DMA (25,980) as a support level. Leading technology stocks are worth watching.


In European stock markets, British, German, and French stocks rose 0.54%, 1.34%, and 0.2%, respectively.


US President Trump threatened that American oil companies would play a significant role in the development of Venezuela's oil industry, causing ExxonMobil and ConocoPhillips shares to close more than 2% higher. Led by gains in oil, financial, and technology stocks, US stocks rallied significantly on Monday. The Dow Jones Industrial Average opened 93 points higher and then extended its gains to a record high of 827 points, reaching an intraday record high of 49,209 points, before closing at a record high as well. The S&P 500 rose as much as 0.9%, and the technology-driven Nasdaq Composite rose as much as 1.04%.


US stock market close: Dow Jones Industrial Average rose 594 points, or 1.23%, to 48,977 points; S&P 500 rose 43 points, or 0.64%, to 6,902 points; Nasdaq Composite rose 160 points, or 0.69%, to 23,395 points.


The US dollar index rose as much as 0.45% to 98.86 before falling 0.17%; the euro initially dropped 0.53% to $1.1659 before stabilizing; the yen rebounded 0.45% to 156.12 against the dollar. Bitcoin rose as much as 3.9% to a three-week high of $94,706.

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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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