Investment 5/3/2026

The Middle East conflict dragged down Asian stock markets. The Hang Seng Index opened 298 points lower at 25,469, and the decline widened to 809 points at one point, reaching a low of 24,958. The decline narrowed slightly towards the close, ending the day down 518 points or 2.01% at 25,249. The technology index fell 47 points or 0.96% to 4,829. Main board turnover was HK$364.3 billion.


Hong Kong stocks have fallen for three consecutive days. The Hang Seng Index has fallen more than 3,000 points from its January high. Yesterday, it managed to hold the 25,100 level, and a rebound is expected today, with 26,000 points acting as resistance. Technically, the Hang Seng Index has broken through the neckline of a "head and shoulders" pattern, with a measured decline of 24,600 points. Investors looking to "buy the dip" may consider entering the market at this level, but must be wary of the risk of further declines. A "segmented buying" strategy is advisable, dividing the investment into 3 to 5 lots and gradually buying into desired stocks to maintain capital flexibility and stabilize the position.


European stock markets rose across the board, with British, French, and German stocks rebounding by 0.8%, 0.79%, and 1.74% respectively.


The market reaction to the Middle East war was unexpectedly mild, and US stocks stabilized on Wednesday. New York crude oil futures surged 3.58% before falling as much as 1.72%, hitting a low of $73.28 per barrel, before closing at $74.66, a slight increase of 0.1%; Brent crude oil futures closed flat at $81.4. The Dow Jones Industrial Average opened 88 points higher and then extended its gains to as much as 352 points, reaching a high of 48,854 points. The S&P 500 rose as much as 1.02%, and the tech-heavy Nasdaq Composite rose as much as 1.67%. The VIX volatility index, commonly known as the "fear index," fell 13.44% to 20.4.


At the close of trading on the US stock market, the Dow Jones Industrial Average rose 238 points, or 0.48%, to 48,739; the S&P 500 gained 52 points, or 0.78%, to 6,869; and the Nasdaq Composite surged 290 points, or 1.29%, to 22,807.


The US dollar index retreated 0.36% to 98.7 at one point, while the euro rose 0.38% to $1.1658, and the yen gained 0.56% to 156.86 against the dollar. Bitcoin surged 9.8% to $74,051. Spot gold prices rebounded 2.31% to a high of $5,206.2 per ounce as bargain hunters bought on dips.

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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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