Investment! 12/3/2026

Hong Kong stocks opened higher but then fell. The Hang Seng Index opened 152 points higher at 26,112, rising as much as 189 points to 26,149, before falling as much as 140 points in the afternoon to a low of 25,819, closing down 61 points or 0.23% at 25,898. The Technology Index fell 5 points or 0.11% to 5,054. Main board turnover was HK$254.4 billion.


The Hang Seng Index faces resistance at 26,000. If it breaks through this level, the first rebound target is the 20-day moving average (26,353), while the 250-day moving average (25,057), a key support level, should not be breached. Otherwise, based on the neckline of the "head and shoulders" pattern, the measured decline could reach 24,600.


The Hang Seng Index has hit new highs for the recent rebound for two consecutive trading days, but unfortunately, the total turnover of the main board market has continued to decline, failing to support the upward trend. This indicates that investors currently lack confidence that Hong Kong stocks have officially reversed their decline and are hesitant to actively buy.


European stock markets were under pressure, with British, French, and German stocks declining by 0.56%, 0.19%, and 1.37% respectively.


International oil prices climbed again, and US stocks traded mixed on Wednesday. The Dow Jones Industrial Average opened 15 points lower and then widened its losses to as much as 520 points, reaching a low of 47,185 points. The S&P 500 fluctuated and fell as much as 0.53%, while the Nasdaq, dominated by technology stocks, rose as much as 0.8%.


At the close of trading, the Dow Jones Industrial Average fell 289 points, or 0.61%, to 47,417 points; the S&P 500 retreated 5 points, or 0.08%, to 6,775 points; and the Nasdaq Composite rebounded slightly by 19 points, or 0.08%, to 22,716 points.


The US dollar index rose as much as 0.48% to 99.3, while the euro fell 0.42% to $1.1562; the yen dropped 0.57% to 158.95 per dollar. Bitcoin fluctuated, rising as much as 3.4% to $71,337. Spot gold prices fell as much as 0.83% to $5,149.89 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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