Investment 26/3/2026

Hong Kong stocks fluctuated. The Hang Seng Index opened 216 points higher at 25,280, then rose as much as 326 points to 25,390, before softening and falling as much as 48 points to a low of 25,015. It subsequently regained its upward momentum, closing up 272 points or 1.08% at 25,335. The Technology Index rose 92 points or 1.9% to 4,922. Total market turnover was HK$350.9 billion.

The Hang Seng Index recovered its 250-day moving average (25,111) yesterday. If it can regain and hold above the 10-day moving average (25,447) today, it may be able to avoid further significant declines. The current resistance level for the Hang Seng Index is the 50-day moving average (26,125), while the support level is at the recent low of 24,203. Lower oil prices and a weaker US dollar are beneficial to the stock market.

European stocks rose across the board, with British, French, and German stocks surging 1.42%, 1.33%, and 1.41%, respectively.

Market hopes that the US could achieve a diplomatic ceasefire with Iran led to a sharp drop in international oil prices, driving a significant rebound in US stocks on Wednesday. The Dow Jones Industrial Average opened 190 points higher and then extended its gains to as much as 594 points, reaching a high of 46,718; the S&P 500 rose as much as 1.18%, and the tech-heavy Nasdaq Composite climbed as much as 1.52%.

At the close, the Dow Jones Industrial Average rose 304 points, or 0.66%, to 46,428; the S&P 500 gained 35 points, or 0.54%, to 6,591; and the Nasdaq Composite gained 167 points, or 0.77%, to 21,929.

The US dollar index fluctuated, rising as much as 0.22% to 99.65, while the yen fell 0.51% to 159.51 against the US dollar. The euro fell 0.45% to $1.1556. Bitcoin climbed as much as 2.79% to $72,013. Spot gold rose as much as 2.83% to $4,602.

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Investment 29/4/2026

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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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