Investment 5/2/2026

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 1.01% respectively, while German stocks fell 0.52%.


Markets continued to worry about the impact of new artificial intelligence (AI) tools on software companies' businesses, leading to capital flows into non-technology stocks. US stocks traded mixed on Wednesday. The Dow Jones Industrial Average opened 82 points higher and then extended its gains to as much as 408 points, reaching a high of 49,649, approaching its intraday record high of 49,653. Later, influenced by news of tensions in Iran, the Dow briefly dipped but still recovered more than 250 points by the close. The S&P 500 fluctuated, falling as much as 1.14%, while the tech-heavy Nasdaq fell as much as 2.45%.


At the close, the Dow Jones Industrial Average rose 259 points, or 0.52%, to 49,501; the S&P 500 fell 35 points, or 0.51%, to 6,882; and the Nasdaq fell 650 points, or 1.51%, to 22,904.


Bitcoin fell as much as 6.1% to $72,222. Spot gold prices climbed back above the $5,000 per ounce mark, rising as much as 2.94% to a high of $5,092.31 before largely erasing all gains.

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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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