Investment 24/3/2026

Market concerns about the potential spread of conflict in the Middle East caused the Hang Seng Index to open 488 points lower at 24,789, and then continue to fall, plunging as much as 1,073 points in the afternoon to a low of 24,203, a more than eight-month low. The decline narrowed slightly towards the close, ending the day down 894 points or 3.54% at 24,382, marking its third consecutive day of losses. The technology index fell 159 points or 3.28% to 4,712. Total market turnover was HK$368.6 billion.


Yesterday, the Hang Seng Index broke through the recent low of 24,906 and the 250-day moving average (25,108), a key bull-bear dividing line. It is expected to quickly recover the 250-day moving average today. If it can regain and hold above the 10-day moving average (25,593), the outlook for the market can be positive. The "axis of evil" appears strong on the surface but is weak underneath; the economic prospects of the civilized world are bright. The Hong Kong stock market should pay attention to oil prices, the US dollar index, and the performance of A-shares.


European stocks mostly rose, with the UK ETF retreating 0.24%, while French and German ETFs rose 0.79% and 1.22% respectively.


Progress in US-Iran talks led Trump to postpone attacks on Iranian power plants by five days. The Dow Jones Industrial Average opened sharply higher by 226 points, and its gains extended to as much as 1,135 points, reaching a high of 46,712; the S&P 500 surged by as much as 2.23%, and the Nasdaq Composite jumped as much as 2.5%.


At the close of US trading, the Dow Jones Industrial Average jumped 631 points, or 1.38%, to 46,208; the S&P 500 rose 74 points, or 1.15%, to 6,581; and the Nasdaq Composite gained 299 points, or 1.38%, to 21,946.


The US dollar index fell as much as 0.77% to 98.88, while the euro rose 0.6% to $1.1642, and the yen rose 0.76% to 158.02 per dollar. Bitcoin rebounded as much as 6.5% to $71,782. Gold prices plunged as much as 8.75%, hitting a low of $4,099.17 per ounce, before closing at $4,406.87, still down 1.88%.

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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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