Investment 2/3/2026

Hong Kong stocks fluctuated upwards on the last trading day of February. The Hang Seng Index opened 66 points higher at 26,447, then briefly fell 5 points to a low of 26,375 before regaining its upward momentum, rising as much as 320 points to 26,701, closing up 249 points or 0.94% at 26,630. The Technology Index rose 28 points or 0.55% to 5,137. Main board turnover was HK$288.4 billion.


In February, the Hang Seng Index fell 756 points or 2.76%, while it rose 217 points or 0.82% for the week.


On Friday, Hong Kong stocks rebounded, returning above the 50-day moving average (26,522). Today, it is expected to face resistance at the 10-day moving average (26,743) and the 20-day moving average (26,937). If the index falls below 26,000, a significant drop is likely. Hong Kong stocks remain trapped in a range-bound trading pattern between 26,500 and 27,500 points. The market must first fill the gap created by the February 2nd drop, between 27,100 and 27,384 points, before it can challenge the January 29th high of 28,056 points. However, for the market to move upwards, a primary condition is a rebound in technology stocks, especially large-cap tech stocks like AT&T, MMXJ, which need new catalysts, such as cost reductions and revenue increases in AI development. Only then will the market be willing to give them higher valuations.


European stock markets showed mixed performance, with French and German stocks falling 0.47% and 0.02% respectively, while the UK stock market rose 0.59%.


U.S. stocks were significantly pressured on Friday as the latest U.S. producer price index rose far more than expected, coupled with lingering investor concerns about an artificial intelligence (AI) bubble. The Dow Jones Industrial Average opened 245 points lower and then fell as much as 820 points, hitting a low of 48,678. The S&P 500 fell as much as 1.12%, and the Nasdaq Composite dropped as much as 1.49%.


At the close, the Dow Jones Industrial Average fell 521 points, or 1.06%, to 48,987; the S&P 500 fell 30 points, or 0.43%, to 6,878; and the Nasdaq Composite fell 210 points, or 0.92%, to 22,668.

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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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