Investment 16/2/2026

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 Hong Kong stocks are pushed higher after the New Year holiday, be wary of potential risks.


European stocks traded mixed, with British and German stocks rising 0.42% and 0.25% respectively, while French stocks fell 0.35%.


Despite the latest slowdown in overall US inflation, which may provide justification for the Federal Reserve to accelerate the pace of interest rate cuts this year, US stocks traded mixed on Friday, pressured by large technology companies. The Dow Jones Industrial Average opened 12 points lower and then fell as much as 367 points, reaching a low of 49,084 points, before rebounding as much as 292 points to a high of 49,743 points; the S&P 500 fell as much as 0.56%, and the Nasdaq Composite continued to decline by 0.86%.


At the close, the Dow Jones Industrial Average rose 48 points, or 0.09%, to 49,500 points; the S&P 500 rose slightly by 3 points, or 0.05%, to 6,836 points; and the Nasdaq Composite fell 50 points, or 0.02%, to 22,546 points. For the week as a whole, the Dow Jones Industrial Average retreated 1.2%, the S&P 500 fell 1.4%, marking the second consecutive week of decline, and the Nasdaq Composite fell 2.1%.


The US dollar index fell as much as 0.13% to 96.8, the euro rose 0.12% to $1.1887, and the yen fell 0.61% to 153.67 against the dollar. Bitcoin fell from a high of $126,186 on October 6th last year to $60,187 on the 6th of this month, a huge drop of 52.303% in just four months; it rebounded as much as 5.5% on Friday to $69,334. Spot gold prices rose as much as 2.52% to $5,046.08.

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Investment 24/4/2026

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Investment 27/4/2026

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