Investment 4/2/2026

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 entry point is found.


European stock markets were generally under pressure, with the UK, French, and German stock markets falling by 0.26%, 0.02%, and 0.09% respectively.


A rebound in the precious metals market boosted investor risk appetite, but a pullback in heavyweight technology stocks pressured US stocks on Tuesday. The Dow Jones Industrial Average opened 49 points lower, then rebounded as much as 245 points to a new intraday high of 49,653, before falling as much as 574 points to a low of 48,832. The S&P 500 fell as much as 1.64%, and the technology-heavy Nasdaq Composite Index fell as much as 2.39%.


U.S. stocks closed with the Dow Jones Industrial Average down 166 points, or 0.33%, to 49,240; the S&P 500 down 58 points, or 0.84%, to 6,917; and the Nasdaq Composite down 336 points, or 1.43%, to 23,255.


The U.S. dollar index initially fell 0.34% to 97.3, the yen fell 0.31% to 156.09 against the dollar, and the euro rose 0.34% to $1.1831. The Reserve Bank of Australia's announcement of a 0.25% interest rate hike and an upward revision of its inflation forecast fueled expectations of further rate increases in May, causing the Australian dollar to surge 1.48% to 70.51 U.S. cents. Bitcoin briefly fell below the $73,000 mark, declining nearly 7%. The weakening dollar led to a sharp rebound in spot gold prices, initially reaching 7.16% to $4,993.99 per ounce.

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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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