Investment

The Hang Seng Index opened 254 points higher at 27,019, then rose as much as 258 points to 27,024 before encountering resistance and falling back, ultimately closing down 384 points or 1.43% at 26,381. The Technology Index fell 151 points or 2.87% to 5,109. Main board turnover was HK$259.2 billion. Hong Kong stocks initially rose but then fell on the futures settlement day, with the Hang Seng Index barely holding above its 100-day moving average (26,328). The index is expected to trade within the Bollinger Bands range of 26,000 to 27,600. A break below 26,000 could lead to a significant decline. The performance of Hong Kong stocks was relatively mixed, with leading technology stocks lacking upward momentum. This is because the market is awaiting the release of these companies' last year's results next month, while remaining concerned that internal competition will drag down their earnings. Furthermore, the development of artificial intelligence (AI) by these leading companies h...

The Hang Seng Index opened 154 points higher at 26,745, rising as much as 279 points to 26,870, before closing up 175 points or 0.66% at 26,765. The Technology Index fell 10 points or 0.19% to 5,260. Main board turnover was HK$236.7 billion. Hong Kong stocks rebounded as expected yesterday. If the Hang Seng Index can fill the gap from the February 2nd drop to 27,100 to 27,384, there is a high chance it will challenge the January 29th high of 28,056. Today is the futures settlement day, and the direction after settlement is unclear. Market focus is on US President Trump's State of the Union address, the Hong Kong Financial Secretary's budget address, and the potential for conflict in the Middle East. Unless it breaks through 28,056 points, the Hang Seng Index will likely continue to fluctuate between the upper Bollinger Band (27,600) and lower band (26,000), with strong support at the 100-day moving average (26,325). European stocks performed well, with UK, French, and German st...

Influenced by the overnight decline in US stocks, the resumption of trading in mainland A-shares on Tuesday, and the return of northbound capital, the Hang Seng Index opened 168 points lower at 26,913, then fell as much as 601 points to a low of 26,480, closing down 491 points or 1.81% at 26,590. The Technology Index fell 114 points or 2.12% to 5,270. Main board turnover was HK$250.9 billion. Although Hong Kong stocks fell sharply yesterday, the Hang Seng Index managed to hold above the 50-day moving average (26,457), with the 100-day moving average (26,322) expected to provide even stronger support. The current situation shouldn't be viewed too pessimistically. As long as the Hang Seng Index's short-term correction doesn't fall below the 100-day moving average, the outlook remains bullish. If it can fill the gap from the February 2nd decline at 27,100 to 27,384, there's a high chance it will challenge the January 29th high of 28,056. European stocks traded mixed, with ...

The US's reciprocal tariff policy was rejected, and the Hang Seng Index opened 385 points higher at 26,798, then extended its gains to 742 points, reaching a high of 27,156, before closing up 668 points or 2.53% at 27,081. The Technology Index rose 173 points or 3.33% to 5,385. Main board turnover was HK$172.9 billion. The Hong Kong stock market is trending towards volatility. The Hang Seng Index's high of 27,382 on October 2nd last year is considered the initial resistance level, while the high of 28,056 on September 29th presents even stronger resistance. However, a correction is expected today, testing the first support level of the 100-day moving average (26,322). A breach of this level could lead to a further decline towards 25,150. Technically, the Hang Seng Index rose 13,262 points from its intraday low of 14,794 points on January 22, 2024, to 28,056 points on January 29 this year. If the Fibonacci retracement level is adjusted to 0.382, the Hang Seng Index could fall as...

Hong Kong stocks resumed trading after a long holiday. The Hang Seng Index opened 48 points lower at 26,657, then fell as much as 348 points to 26,356, closing down 292 points or 1.09% at 26,413. The Technology Index fell 156 points or 2.9% to 5,211. Main board turnover was only HK$165.3 billion, the lowest since January 2nd this year. The true performance of the market will likely depend on the resumption of trading in mainland A-shares tomorrow. The decline in Hong Kong stocks after the holiday was as expected, with the key level of 26,400 providing support. However, the Hang Seng Index closed lower on the daily chart, with a large bearish candle slightly breaking below the 50-day moving average (26,420), favoring the bears. The 100-day moving average (26,312) is expected to be tested. This level should hold; otherwise, the index may have to retest the lower end of the range at 25,000. If a short-term rebound occurs, the 10-day moving average (26,849) and the 20-day moving average (2...

On the eve of the Lunar New Year (Lunar New Year's Eve), the Hang Seng Index opened 65 points lower at 26,501, then plunged as much as 184 points to a low of 26,382 before recovering to close up 138 points or 0.52% at 26,705. The Tech Index rose 7 points or 0.13% to 5,367. Main board turnover was HK$84.9 billion. In summary, for the Year of the Snake, the Hang Seng Index rose 6,480 points or 32%, while the Tech Index rose 13.6%. The Hang Seng Index currently has support at 26,400. After the holiday, a slight recovery in some heavyweight tech stocks is expected, but it must first overcome the resistance level of 27,000. Funds continue to focus on AI-related stocks, such as robotics stocks, followed by traditional stocks, such as the three major oil companies and coal stocks, which have performed relatively well recently and face less policy risk compared to platform stocks. A pessimistic atmosphere prevailed in global stock markets, dampening investor appetite. European stocks fell ...

The Hang Seng Index opened 392 points lower at 26,640, then plunged as much as 588 points to a low of 26,444, closing down 465 points or 1.72% at 26,567. The Technology Index fell 48 points or 0.89% to 5,360. Main board turnover was HK$257.5 billion. With the long holiday approaching and relatively weak overseas markets, the market is expected to continue to fluctuate in the short term. However, there is no need to be overly pessimistic about the future of Hong Kong stocks, especially given the support at the 100-day moving average (26,310). It is expected to fluctuate around this level before the holiday. With only half a day of trading remaining today, and the mainland's Lunar New Year holiday lasting nine days, northbound capital is expected to return on February 24th. Reduced trading volume is expected to affect the chance of a breakout. Investors are advised to make their plans after the holiday. Be aware that northbound capital may be taking profits above 27,000 points. If Ho...

The Hang Seng Index opened 55 points lower at 27,210, then extended its losses, falling as much as 333 points to 26,932, before closing down 233 points or 0.85% at 27,032. The Technology Index fell 91 points or 1.65% to 5,408. Main board turnover was HK$238.7 billion. After a previous rebound, Hong Kong stocks are now facing cautious sentiment due to the approaching Lunar New Year holiday, with northbound capital inflows slowing, dragging down market turnover. It is believed that the Hang Seng Index will test the 50-day moving average (26,383) support level before the holiday. From next Monday (February 16), southbound and northbound trading under the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect will be suspended until the 24th. During this period, trading in Hong Kong stocks is expected to shrink, with major players remaining inactive, allowing the market to fluctuate within a large sideways range. However, European and American stock markets traded as usual d...

The Hang Seng Index opened 63 points higher at 27,246, then briefly fell 49 points to a low of 27,133 before regaining its upward momentum, closing up 83 points or 0.3% at 27,266. The Tech Index rose 48 points or 0.89% to 5,499. Main board turnover was HK$217.2 billion. Although Hong Kong stocks have risen for the third consecutive trading day, they have failed to fully close the gap from last Monday's (February 2nd) decline between 27,100 and 27,384. Therefore, 27,384 can be considered the end of this upward wave. Since 2026, the Hang Seng Index has been hovering around the upper Bollinger Band and the 20-day moving average (26,962). Even with increased volatility in February, it has remained within the Bollinger Bands. With a three-day Lunar New Year holiday next week, the Hong Kong stock market is expected to be subdued before the holiday, with investors unlikely to enter the market aggressively. The Hang Seng Index is expected to fluctuate between 26,200 and 27,700 points in Fe...

The Hang Seng Index opened 175 points higher at 27,202, then rose as much as 370 points to 27,397 before retreating to close up 155 points or 0.57% at 27,183. The Tech Index rose 33 points or 0.61% to 5,451. Main board turnover was HK$234 billion. Yesterday's close saw the Hang Seng Index fail to fully close the gap from last Monday's (January 2nd) decline. Unless it breaks through the recent high of 28,056 points reached on January 29th, 27,384 can be considered the end of this upward wave. In the short term, it will continue to fluctuate around the 50-day moving average (26,334). With the Lunar New Year approaching next week, most funds, especially northbound capital, will likely reduce their positions before the holiday. Investors are advised to take profits before the Lunar New Year and reposition afterward. European stocks showed mixed performance, with British and German stocks falling 0.31% and 0.11% respectively, while French stocks rose 0.06%. U.S. stocks traded mixed ...

The Hang Seng Index opened 422 points higher at 26,982 and maintained its upward trend, reaching a high of 27,111, a gain of 551 points. It closed the day up 467 points, or 1.75%, at 27,027. The Technology Index rose 71 points, or 1.33%, to 5,417. Main board turnover was HK$255.1 billion. As expected, Hong Kong stocks performed well. If it can quickly fill the gap from last Monday's (January 2nd) drop from 27,100 to 27,384, the Hang Seng Index has a chance to reach 27,500 this week, and could then challenge the recent high of 28,056 reached on January 29th. However, whether it can stabilize for two days is crucial to determine its future momentum; for now, the Hang Seng Index is expected to trade within a range. Furthermore, due to the Lunar New Year holiday next week, Hong Kong stocks will only be open for one and a half days, so turnover is expected to gradually decrease in the middle of this week. European stocks performed well, with UK, French, and German stocks rising 0.16%, 0...

The Hang Seng Index opened 530 points lower at 26,354, then plunged 590 points to 26,295 before narrowing its losses to close down 325 points or 1.21% at 26,559. The Tech Index fell 59 points or 1.1% to 5,346. Main board turnover was HK$247.8 billion. The current situation for Hong Kong stocks remains positive. As long as the short-term correction does not fall below the 50-day moving average (26,288), the market outlook remains bullish. The first target is to fill the gap from last Monday's (2nd) drop to 27,100 to 27,384, followed by a challenge of the recent high of 28,056 reached on January 29th. European stock markets closed more stable, with the UK, French, and German indices rising 0.59%, 0.43%, and 0.94% respectively. Investors' risk aversion cooled significantly, leading them to seek opportunities to buy on dips. Nvidia surged 7.9%, and Tesla also performed well. U.S. stocks rebounded sharply on Friday after a decline. The Dow Jones Industrial Average opened 123 points ...

The Hang Seng Index opened 219 points lower at 26,627, then plunged as much as 436 points to 26,410 before gradually recovering in the afternoon, closing up 37 points or 0.14% at 26,885. The Tech Index rose 39 points or 0.74% to 5,406. Main board turnover was HK$315.1 billion. Yesterday, the Hang Seng Index closed just below its 20-day moving average (26,895), indicating that investors are waiting for a gradual pullback to around 25,000 to 26,000 points before considering short-term rebound strategies. However, if it breaks above the 10-day moving average (27,117), investors will likely remain on the sidelines. This suggests that market sentiment has cooled significantly since the Hang Seng Index reached a recent high of 28,056 on January 29th. The index is expected to hover between 26,000 and 27,000 in the short term, with relatively low risk. Without clear upward momentum, it's advisable to observe the situation and gradually build positions by placing small bets at better entry ...

The Hang Seng Index opened 37 points lower at 26,797 and fluctuated throughout the day, falling as much as 241 points to a low of 26,593 and rising as much as 169 points to a high of 27,004. It closed up 12 points, or 0.04%, at 26,847. The Technology Index fell 100 points, or 1.84%, to 5,366. Main board turnover was HK$285.4 billion. The Hang Seng Index remains in a tug-of-war, hovering around the 20-day moving average (26,858) for the past three trading days. The market is currently observing the geopolitical situation and may need to wait for the gold and silver markets to stabilize before investor confidence recovers. It is expected that Hong Kong stocks will continue to fluctuate around the 20-day moving average in the short term. JPMorgan Chase predicts that the Hang Seng Index may fall 5% to 8% from its high of 27,000 last month and suggests that investors buy back in at the 25,000 to 26,000 level. European stock markets were mixed, with British and French stocks rising 0.85% and...

The Hang Seng Index opened 220 points higher at 26,995, then rose as much as 350 points to 27,126 before encountering resistance and falling back, dropping as much as 343 points to 26,431. It subsequently stabilized, closing up 59 points or 0.22% at 26,834. The Technology Index fell 59 points or 1.06% to 5,467. Main board turnover was HK$335.1 billion. Yesterday, the Hang Seng Index closed just below the 20-day moving average (26,838), which will likely lead investors to wait for a gradual pullback to around 25,000 to 26,000 points before considering short-term rebound strategies. However, if it breaks back above the 10-day moving average (27,065), investors will likely remain on the sidelines. Therefore, the Hang Seng Index will likely remain in the middle or slightly higher of the 26,000-27,000 range for now. The risk is not significant, but there is also no clear upward momentum. At this stage, it is advisable to observe the situation and gradually build positions when a better entr...

Hong Kong stocks opened lower in February, with the Hang Seng Index opening 289 points lower at 27,097 and continuing its decline. It fell as much as 879 points in the afternoon, reaching a low of 26,507, before recovering slightly towards the close. The index closed down 611 points, or 2.23%, at 26,775. The Technology Index fell 191 points, or 3.35%, to 5,526. Turnover on the main board was HK$347.8 billion. Although the Hang Seng Index failed to hold above the 20-day moving average (26,832) yesterday, it is expected to return to that level today, testing the resistance of the upward gap (27,188 to 27,258) from last Wednesday. Holding above this level would suggest a bullish outlook. Following Friday's epic sell-off, with spot gold and silver prices plunging by as much as 10% and 16% respectively on Monday, the precious metals market saw its losses narrow significantly during the US stock market session. Coupled with much stronger-than-expected US manufacturing data, US stocks ini...

On the last trading day of January, the Hang Seng Index opened 182 points lower at 27,785, then widened its losses, falling as much as 584 points to 27,384, before closing down 580 points or 2.07%, marking its largest single-day drop in two months. It closed at 27,387. The Technology Index fell 122 points or 2.1% to 5,718. Main board turnover was HK$301.6 billion. For the week, the Hang Seng Index rose 637 points or 2.38%, its largest weekly gain in over two months. In January, the Hang Seng Index rose 1,756 points or 6.85%, ending a three-month losing streak. As expected, Hong Kong stock futures settled and the Hang Seng Index corrected sharply on Friday, falling to the top of the sideways trading range. It closed above the previous high of 27,381, which can be seen as a pullback. The gap created on Wednesday (27,188 to 27,258) is expected to provide support; holding this level suggests a bullish outlook. Even if further corrections occur, the 20-day moving average (26,811) will provi...