Investment 27/3/2026

Hong Kong stocks fell below the 25,000 mark. The Hang Seng Index opened 68 points lower at 25,267 and then the decline rapidly widened, falling as much as 542 points or 2.07% in the afternoon to a low of 24,793 points. It closed down 479 points or 1.89% at 24,856 points; the technology index fell 161 points or 3.28% to 4,761 points. Turnover on the main board was HK$261.6 billion.


Although the US and Iran intend to cease fire, significant differences remain between the two sides, and the situation needs further observation. Dragged down by external factors and lackluster earnings performance, the outlook for Hong Kong stocks remains uncertain. Unless the Hang Seng Index can regain and hold above the 250-day moving average (25,114), a key bull-bear dividing line, a drop below 24,203 points would, according to technical analysis, mean that the Hang Seng Index rose a total of 13,262 points from its intraday low of 14,794 on January 22, 2024, to 28,056 on January 29, 2026. If the Fibonacci retracement level is adjusted to 0.382, the Hang Seng Index would reach 22,986 points.


European stock markets fell across the board, with British and German stocks down 1.33% and 1.5% respectively, while French stocks fell 0.98%.


Market concerns that the US and Iran might fail to reach a ceasefire agreement led to a renewed rise in international oil prices. US stocks plunged on Thursday, with the Dow Jones Industrial Average opening 84 points lower and then widening its losses to a maximum of 518 points, reaching a low of 45,910. The S&P 500 fell as much as 1.79%, and the tech-heavy Nasdaq Composite Index fell as much as 2.44%.


 U.S. stocks closed lower. The Dow Jones Industrial Average fell 469 points, or 1%, to 45,960; the S&P 500 dropped 114 points, or 1.74%, to 6,477; and the Nasdaq Composite declined 521 points, or 2.38%, to 21,408.


The U.S. dollar index rose as much as 0.41% to 100.01, while the euro fell 0.35% to $1.152, and the yen fell 0.24% to 159.85 against the dollar. Bitcoin fell as much as 4.76% to $68,118. Spot gold prices fell as much as 3.45%, hitting a low of $4,351.16 per ounce.

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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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