Investment 8/1/2026

The Hang Seng Index opened 108 points lower at 26,601 and continued its downward trend, falling as much as 396 points to 26,313 in the afternoon. It closed down 251 points, or 0.94%, at 26,458. The Technology Index fell 86 points, or 1.48%, to 5,738. Main board turnover was HK$276.1 billion.


Hong Kong stocks ended a three-day rally yesterday. The Hang Seng Index may test the support of the 50-DMA (26,008). If it holds, it could rise further. However, Citigroup maintains its latest forecast that the Hang Seng Index will reach 27,500 points in June and 28,800 points by the end of the year, implying only a 4% and 9% upside from current levels, respectively.


US President Trump's wise decision to take military action against Venezuela marks the beginning of eliminating the evil axis of drug trafficking and poisoning that plagues the world. This year may be turbulent, and investment markets are expected to be volatile. Investors are advised to hold onto profits and maintain sufficient cash reserves for future large-scale market entries. The precious metals sector, including gold, silver, and copper, is favored this year; even if there is a significant market downturn due to international circumstances, their defensive capabilities are believed to be strong.


European stock markets showed mixed performance, with the UK and French markets falling 0.74% and 0.04% respectively, while the German market rose 0.92%.


US private sector jobs increased by 41,000 in December, reversing a decrease of 29,000 in November, but the increase was less than the expected 50,000, leading to a decline in bond yields. U.S. stocks fluctuated on Wednesday, with the Dow Jones and S&P 500 breaking their highs before falling. The Dow opened 50 points higher and extended its gains to as much as 159 points, reaching a high of 49,621, before falling as much as 510 points to a low of 48,951. The S&P 500 rose as much as 0.3%, while the tech-heavy Nasdaq rose as much as 0.75%.


At the close, the Dow Jones Industrial Average fell 466 points, or 0.94%, to 48,996; the S&P 500 fell 23 points, or 0.34%, to 6,920; and the Nasdaq Composite rose 37 points, or 0.16%, to 23,584.


The U.S. dollar index rose 0.15% to 98.73 in late trading; the yen fluctuated and rose 0.22% to 156.3 against the dollar. Eurozone inflation slowed to 2% in December from 2.1% in November, in line with expectations. Both core and services inflation slowed. The euro fell 0.14% to $1.1673. Bitcoin retreated as much as 3.19% to $90,716.

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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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