Investment 4/3/2026

The Hang Seng Index opened 130 points higher at 26,190, rising as much as 159 points to 26,218, before falling as much as 332 points to 25,727 in the afternoon. It closed down 291 points, or 1.12%, at 25,768. The Technology Index fell 112 points, or 2.26%, to 4,876. Main board turnover was HK$370.5 billion.


Since the Hang Seng Index had already broken below its 50-day moving average (26,527), and with the neckline of the "head and shoulders" pattern at 26,250 breached, the first technical support level is estimated to be around 25,100, the level from the end of last year. However, based on measured declines, it may need to test 24,600. The impact of the Middle East conflict on Hong Kong stocks has not yet been fully reflected.


European stock markets collapsed across the board, with the UK, French, and German markets falling 2.75%, 3.46%, and 3.44%, respectively.


Growing market concerns that the current Middle East conflict would not end quickly, coupled with soaring international oil prices that sharply reduced expectations of interest rate cuts by central banks worldwide, led to a further sell-off in global stock markets on Tuesday. The Dow Jones Industrial Average plunged more than 1,000 points in early trading, and the VIX volatility index, commonly known as the "fear index," jumped as much as 31.3% to 28.15. A stronger dollar triggered a sell-off in precious metals.


The Dow Jones opened 411 points lower and then widened its losses to a maximum of 1,277 points, reaching a low of 47,626 points. It later narrowed its losses to as low as 209 points, reaching a high of 48,695 points. The S&P 500 fell as much as 2.49%, and the tech-heavy Nasdaq Composite dropped as much as 2.74%.


At the close, the Dow Jones Industrial Average retreated 403 points, or 0.83%, to 48,501 points; the S&P 500 fell 64 points, or 0.94%, to 6,816 points; and the Nasdaq Composite declined 232 points, or 1.02%, to 22,516 points.

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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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