Investment 18/3/2026

The Hang Seng Index opened 104 points higher at 25,938, and rose as much as 416 points to a high of 26,250 in the early session. The gains narrowed in the afternoon, closing up 34 points or 0.13% at 25,868; turnover was HK$268.2 billion.

The postponement of the meeting between the Chinese and US leaders may have some impact on the overall market sentiment in Hong Kong. Coupled with the lack of significant stimulus measures from the mainland meeting, the upward momentum of Hong Kong stocks has been hampered. Although the decline in oil prices led to a rebound in US stocks, oil prices are expected to remain high and volatile due to the possibility that the US and Israel's actions against Iran may be longer than expected. While the 25,000 level provides technical support for Hong Kong stocks, the Hang Seng Index failed to break through the 100-day moving average (26,246) yesterday, indicating that the resistance at 27,000 is difficult to overcome. The Hang Seng Index is expected to continue its sideways trading pattern.

European stock markets performed well, with the UK, French, and German stock markets rising by 0.83%, 0.49%, and 0.71% respectively.

The significant narrowing of gains in international oil prices offered investors a temporary respite, and U.S. stocks continued their rebound on Tuesday. The Dow Jones Industrial Average opened 139 points higher and then extended its gains to as much as 481 points, reaching a high of 47,428. The S&P 500 rose as much as 0.82%, and the Nasdaq Composite gained as much as 0.87%.

At the close, the Dow Jones Industrial Average rose only 46 points, or 0.1%, to 46,993; the S&P 500 rose 16 points, or 0.25%, to 6,716; and the Nasdaq Composite gained 105 points, or 0.47%, to 22,479.

The currency index fluctuated, falling as much as 0.21% to 99.5, while the euro rose 0.37% to $1.155, and the yen rose 0.22% to 158.72 against the dollar. Bitcoin briefly broke through the psychological level of $75,000, reaching a high of $75,997, but then fell back 3.3% to $73,444; spot gold rose as much as 0.76%, reaching a high of $5,044.56 per ounce, before slightly retreating and hovering around the $5,000 mark.

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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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