Investment 9/2/2026

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 higher and then extended its gains to as much as 1,260 points, breaking through the psychological barrier of 50,169 points to close above the 50,000 mark for the first time, setting a new all-time high. The S&P 500 rose as much as 2.15%, reversing a three-day losing streak; the tech-heavy Nasdaq Composite Index rose as much as 2.43%.


At the close, the Dow Jones Industrial Average surged 1,206 points, or 2.47%, to 50,115; the S&P 500 rose 133 points, or 1.97%, to 6,932; and the Nasdaq Composite rose 490 points, or 2.18%, to 23,031. For the week, the Dow Jones gained 2.5%, the S&P 500 retreated 0.1%, and the Nasdaq Composite slipped 1.8%.


The currency market traded in a narrow range, with the US dollar index falling as much as 0.27% to 97.56, the euro rising 0.42% to $1.1829, and the yen falling 0.08% to 157.16 per dollar. Bitcoin plunged to $60,033 before rebounding as much as 19% to $71,462. Spot gold prices reversed Thursday's more than 3% drop, rising as much as 3.99% to $4,971.09 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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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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