Investment 27/2/2026

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 has not yet been sufficient to justify high valuations from investors.


European stocks rallied, with British, French, and German stocks rising 0.37%, 0.72%, and 0.45%, respectively.


Fears of an artificial intelligence (AI) bubble persisted, dragging down overall tech stocks. Funds rotated to other sectors, resulting in mixed performance for US stocks on Thursday. The Dow Jones Industrial Average opened 62 points higher and extended its gains to as much as 333 points before falling as much as 244 points to recover by the close. The S&P 500 fell as much as 1.24% during the session, while the Nasdaq Composite dropped as much as 2.08%.


At the close, the Dow Jones Industrial Average rose slightly by 17 points, or 0.03%, to 49,499; the S&P 500 fell 37 points, or 0.54%, to 6,908; and the Nasdaq Composite dropped 273 points, or 1.18%, to 22,878.


The US dollar index rose as much as 0.29% to 97.98, while the euro fell 0.32% to $1.1774. The yen rose 0.42% to 155.71 against the dollar. Bitcoin retreated 4.9% to $66,523. Spot gold rose as much as 0.79% to $5,205.48 per ounce.

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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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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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