Investment 11/3/2026

Hoping for a de-escalation of the Middle East conflict, the Hang Seng Index opened 331 points higher at 25,740 and maintained its upward trend, closing at its intraday high of 25,959, up 551 points or 2.17%. The Technology Index rose 118 points or 2.4% to 5,060. Main board turnover was HK$330.9 billion.


If the Hang Seng Index can quickly recover the 100-day moving average (26,242), the current downward wave will be complete, and the market will likely retest the 27,000 level. Since August last year, the Hang Seng Index has been trading within the Bollinger Bands (25,000 to 27,000), with 25,000 points repeatedly proving to be a key support level. Downside potential within this range is limited, but there is at least a potential upside of over 1,000 points, making the overall investment risk-reward ratio still quite good.


Asian stock markets stabilized, with South Korea's KOSPI index and Japan's Nikkei index closing up 5.35% and 2.88% respectively.


European stocks rallied, with British, French, and German stocks rising 1.59%, 1.79%, and 2.39%, respectively.


International oil prices continued to fluctuate wildly. After wiping out about 30% of its gains on Monday, the market rallied on hopes that an end to the Iraq War would help restore oil exports from the Persian Gulf region. New York crude oil futures plunged as much as 19% on Tuesday, hitting a low of $76.73 per barrel, before closing at $83.45, still down 11.94%. Brent crude oil futures also fell 11.28%, closing at $87.80.


With the Middle East conflict easing slightly, the market is assessing the latest developments. US stocks traded volatilely on Tuesday. The Dow Jones Industrial Average opened 30 points higher but then turned lower, falling as much as 296 points, before rebounding 479 points to a high of 48,220. The S&P 500 rose as much as 0.72%, and the tech-heavy Nasdaq Composite rose as much as 0.93%.


U.S. stocks closed lower. The Dow Jones Industrial Average fell 34 points, or 0.07%, to 47,706; the S&P 500 dropped 14 points, or 0.21%, to 6,781; and the Nasdaq Composite edged up 1 point, or 0.01%, to 22,697.


The U.S. dollar retreated, with the dollar index falling as much as 0.69% to 98.492. The euro rose 0.24% to $1.1664, while the yen fell 0.29% to 158.13 against the dollar. Bitcoin climbed back above $70,000, surging as much as 4.9% to $71,770. Spot gold rose as much as 1.98%, reaching a high of $5,238.64 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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