Investment 25/3/2026

Investors hoped for a de-escalation in the Middle East, and the Hang Seng Index opened 377 points higher at 24,759, maintaining its upward trend. The gains widened in the afternoon, rising as much as 694 points to 25,077, before closing up 681 points or 2.79% at 25,063. The Technology Index rose 118 points or 2.51% to 4,830. Total market turnover was HK$303 billion.

While the Middle East situation has temporarily eased, global stock markets remain volatile due to high oil prices and the looming threat of inflation. Although the Hang Seng Index climbed back above the key support level of 25,000 yesterday, it failed to return above the 250-day moving average (25,109), a key level for determining whether a market is bullish or bearish. Further declines are possible, potentially testing the recent low of 24,203.

European stock markets were mixed, with UK and French stocks rising 0.72% and 0.23% respectively, while German stocks fell 0.07%.

International oil prices rebounded, and renewed concerns about the private lending market put pressure on U.S. stocks on Tuesday. The Dow Jones Industrial Average opened 108 points lower and then extended its losses to as much as 438 points, hitting a low of 45,769. The S&P 500 fell as much as 0.85%, and the tech-heavy Nasdaq Composite dropped as much as 1.07%.

At the close of trading in the U.S., the Dow Jones Industrial Average had fluctuated, giving back 84 points, or 0.18%, to close at 46,124; the S&P 500 fell 2 points, or 0.37%, to close at 6,556; and the Nasdaq Composite dropped 184 points, or 0.84%, to close at 21,761.

The U.S. dollar index rose as much as 0.68% to 99.62, the euro fell 0.49% to $1.1558, and the yen fell 0.47% to 159.19 per dollar. Bitcoin retreated as much as 3.4% to $68,920. Spot gold prices fell as much as 2.29% to a low of $4,306.36 per ounce before rebounding 1.04% to $4,452.88, temporarily ending a nine-day losing streak.

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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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