Investment

On the futures settlement day, the Hang Seng Index opened 162 points higher at 25,842, and rose as much as 453 points to 26,132 in the afternoon, closing up 432 points or 1.68% at 26,111. The Technology Index rose 82 points or 1.71% to 4,910. Total market turnover was HK$258.2 billion. Although there was a rebound yesterday, investors should not take the futures settlement day's gains too seriously. The Hang Seng Index regained its 20-day moving average (26,041) and is expected to continue fluctuating between 25,700 and 26,700 points. It is not advisable to rush into the market now, but rather to adopt a hedging strategy and wait for the Hang Seng Index to potentially fall to the 24,409 level before considering buying on dips to capitalize on a potential rebound. European stock markets all declined, with the UK, French, and German stock markets closing down 1.16%, 0.39%, and 0.27% respectively. U.S. stocks were generally pressured on Wednesday, influenced by rising international oi...

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...

The Hang Seng Index opened 1 point lower at 25,976, then saw a struggle between bulls and bears, falling as low as 119 points to 25,858 and rising as high as 107 points to 26,086. It closed down 52 points, or 0.2%, at 25,925. The Technology Index rose 37 points, or 0.76%, to 4,939. Total market turnover was HK$251.6 billion. Last Friday, the Hang Seng Index did not fall further before reaching 25,639, failing to reach the measured decline target of 25,509. A rebound is expected today, with a target of 26,189. The full resumption of navigation in the Strait of Hormuz and oil prices are key factors. Oil prices need to fall back to around US$85 for Hong Kong stocks to have a chance to break through again. The Hang Seng Index is expected to fluctuate within the 1,000-point range of 25,500 to 26,500. With only four trading days this week, investor sentiment is leaning towards caution. European stocks were pressured in late trading, with British, French, and German stocks falling 0.56%, 0.19...

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 ...

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...

The Hang Seng Index opened 183 points lower at 26,303 and continued its downward trend, falling as much as 414 points to a low of 26,073, closing down 324 points or 1.22% at 26,163. The Technology Index fell 97 points or 1.92% to 4,963. Total market turnover was HK$228.3 billion. The uncertainty surrounding the opening of the Strait of Hormuz led to a sharp rebound in Brent crude oil prices, and the resulting inflationary threat severely hampered the global economy. This pressured Hong Kong stocks. While the US-Iran ceasefire eased market panic compared to March, the Hang Seng Index remained volatile without significant gains until oil prices fell sharply. It is believed that today's rebound will bring it back above the 50-day moving average (26,299), and the market can still hold above the 250-day moving average (25,331), a key level for bull and bear markets. European stocks were under pressure, with British, French, and German stocks falling 0.21%, 0.96%, and 0.31%, ...

The Hang Seng Index opened 81 points higher at 26,442, then fluctuated, rising as high as 168 points to 26,529 and falling as low as 19 points to 26,342, closing up 126 points or 0.48% at 26,487. The Technology Index fell 4 points or 0.08% to 5,061. Total market turnover was HK$205.1 billion. Global investment markets are heavily influenced by the US-Iran conflict. When news of setbacks in negotiations emerges, stock markets tend to correct. However, recent corrections in Hong Kong stocks have not been significant, and yesterday's rebound may reflect market expectations that the conflict can be resolved. Nevertheless, the rebound in oil prices last night, a direct indicator of the Middle East conflict, to over US$100 per barrel, will likely cause Hong Kong stocks to fall today, testing the key support level of the Hang Seng Index's 150-day moving average (26,101), and potentially testing the 25,500 level in the future. European stocks fell across the board, with British, French...

The market focused on developments in the US-Iran situation. The Hang Seng Index opened 44 points higher at 26,204, then fell as much as 65 points to a low of 26,094 before regaining its upward momentum, rising as much as 251 points to a high of 26,411, closing up 200 points or 0.76% at 26,361. The Technology Index rose 22 points or 0.45% to 5,065. Total market turnover was HK$241.4 billion. Yesterday's rebound in Hong Kong stocks suggests that if there is a correction, the 150-day moving average (26,016) will be a key support level for the Hang Seng Index. The Iranian theocratic regime's stance on opening or closing the Strait of Hormuz remains uncertain. Oil prices are a direct indicator of the Middle East situation. If oil prices can remain in the US$80-85 range this week, the Hang Seng Index could challenge the 27,000 mark and then test the 27,500 mark; if oil prices rebound to US$95, it may need to test the 25,500 mark.  European stocks retreated across the board, with Bri...

The Hang Seng Index opened 183 points lower at 26,210 and continued its downward trend, falling as much as 378 points to 26,015. It closed down 233 points, or 0.88%, at 26,160. The Technology Index fell 49 points, or 0.97%, to 5,042. Total market turnover was HK$238 billion. Hong Kong stocks ended their three-day winning streak on Friday. If the Hang Seng Index continues to adjust today, and can hold above the 150-day moving average (25,942), it may still test the 27,500 level again. The situation regarding the opening or closing of the Strait of Hormuz under Iran's theocratic regime remains uncertain; investors should remain cautious. European stocks closed higher across the board last week, with the UK, French, and German indices rising 0.73%, 1.97%, and 2.27%, respectively. Iran announced that the Strait of Hormuz would be fully open to merchant ships during the ceasefire agreement between Israel and Lebanon, and US President Trump also stated that Iran had cleared all mines. Th...

The Hang Seng Index opened 175 points higher at 26,122 and continued its upward trend, rising as much as 455 points to a high of 26,403. It closed up 446 points, or 1.72%, at 26,394. The Tech Index rose 180 points, or 3.67%, to 5,092. Total market turnover was HK$256.2 billion. Hong Kong stocks have risen for three consecutive trading days, and as expected, the Hang Seng Index broke through the high of 26,250 reached on the 17th of last month, testing 26,400 points before ultimately closing above the 150-day moving average (26,140). A correction is expected before challenging the resistance level of 26,584, but if it can hold above the 50-day moving average (26,039), it could test the 27,500 level again, with a target of 28,056 points. The Hang Seng Index recently rose from 24,203 points to 26,403 points, an increase of nearly 2,000 points. However, total trading volume did not keep pace, reflecting limited capital inflows. Coupled with divergent performance among individual stocks, th...

Investors anticipated a resumption of US-Iran negotiations, causing the Hang Seng Index to open 295 points higher at 26,168. It then rose as much as 344 points to a high of 26,216 before retreating to close up 75 points, or 0.29%, at 25,947. The Technology Index rose 59 points, or 1.23%, to 4,911. Total market turnover was HK$245.5 billion. Yesterday, the Hang Seng Index failed to hold its 50-day moving average (26,068) and closed below the 26,000 mark again. It is expected to successfully reclaim the 50-day moving average today, with a short-term target of 26,400 and a potential test of the 27,500 level. However, the Middle East conflict has lasted for about a month and a half with numerous reversals. The full implementation of a peace agreement and the reopening of the Taiwan Strait remain uncertain. Investors should prioritize risk management and avoid excessive optimism. European stocks lacked direction, with the UK FTSE 100 down 0.47%, the German DAX up 0.09%, and the French CAX d...

Market hopes for a potential agreement between the US and Iran propelled the Hang Seng Index to open 268 points higher at 25,929. It rose as much as 334 points to 25,995 before recovering to close up 211 points, or 0.82%, at 25,872. The Tech Index gained 29 points, or 0.62%, to 4,851. Total market turnover was HK$236.7 billion. Recent news regarding the US-Iran conflict has been frequently contradictory, with alternating positive and negative reports causing significant short-term volatility in global asset prices, making accurate predictions difficult. However, in the long run, the stock market will eventually emerge from the quagmire of the US-Iran conflict and resume its upward trend. Technically, as the Hang Seng Index has held above the bottom of its daily chart's upward channel, a break above the initial resistance of the 50-day moving average (26,092) could lead to a potential rebound towards the top of the channel, with an initial target of 26,279. Buying opportunities may ...

The Hang Seng Index opened 184 points lower at 25,708, then extended its losses, falling as much as 385 points to 25,508 before narrowing its losses to close down 232 points or 0.89% at 25,660. The Tech Index fell 38 points or 0.78% to 4,822. Total market turnover was HK$207.9 billion. The failure of the US-Iran negotiations to reach a consensus was expected, and Hong Kong stocks did not react significantly this time. Although the Hang Seng Index fell, the gap created last Wednesday (25,254 to 25,668) still provides support. A rebound is expected today, testing the 100-day moving average (26,103) resistance. If it stabilizes above this level, an upward trend is expected; however, key oil prices need to fall back to US$90-95. European stock markets were weak, with UK, French, and German stocks falling 0.17%, 0.29%, and 0.26% respectively. The US formal blockade of the Strait of Hormuz caused oil prices to surge again, and US stocks initially fell significantly on Monday. The Dow Jones I...

On Friday, the Hang Seng Index opened 139 points higher, or 0.54%, at 25,891, and continued to rise, briefly surpassing the 26,000 mark, reaching a high of 26,073, a gain of 321 points. It closed the day up 141 points, or 0.55%, at 25,893; the Hang Seng Tech Index rose 38 points, or 0.8%, to 4,860. Main board turnover was HK$246.3 billion. Last week's ceasefire news had driven the Hang Seng Index up by over 3% and the Hang Seng Tech Index up by over 5%. Note that the Hang Seng Index has risen from its low of 24,901 on April 2nd to its high of 26,073 on Friday (April 10), currently consolidating around the 50-day moving average (26,131). If it can break through the 26,300 mark, it may test the 27,500 level again. However, the breakdown of US-Iran negotiations yesterday put significant negative pressure on Hong Kong stocks. The Hang Seng Index may retest the support level of last Wednesday's upward gap (25,254 to 25,668), and even the 250-day moving average (25,172). To avoid a w...

Hong Kong stocks retreated yesterday after rising 776 points the day before. The Hang Seng Index opened 136 points lower at 25,756 and remained under pressure, falling as much as 239 points to a low of 25,653, closing down 140 points or 0.54% at 25,752. The Technology Index fell 101 points or 2.06% to 4,821. Main board turnover exceeded HK$244.9 billion. Despite the correction, the Hang Seng Index found strong support at its 20-day moving average (25,387). Today, it may test the resistance level of 26,250, the high from last month. A clear direction for the Hang Seng Index will require breaking out of the 25,387-26,250 range. With both the US and Iran hoping to end the conflict, the scale of the conflict is expected to gradually decrease, and navigation in the Strait of Hormuz is expected to resume. The Hong Kong stock market is expected to perform slightly better in the near future. European stocks softened, with the UK, French, and German indices falling 0.05%, 0.22%, and 1.14% respe...

Easing tensions in the Middle East boosted Asia-Pacific stock markets, with the MSCI Asia Pacific Index jumping 5%, the Nikkei 225 closing up 5.4%, and the South Korean KOSPI index rising even more, by 6.9%. Hong Kong stocks resumed trading after the holiday and closed higher, returning above the 250-day moving average (25,151), often referred to as the "bull-bear dividing line." The Hang Seng Index opened 656 points higher, or 2.6%, at 25,772, rising as much as 817 points to 25,934, before closing up 776 points, or 3%, at 25,893. The Technology Index rose 244 points, or 5.2%, to 4,923. Turnover on the main board exceeded HK$372.4 billion. The Hang Seng Index has broken through its descending trendline; today, attention should be paid to whether it can stabilize after breaking through the 50-day moving average (26,163). The market outlook depends on how the situation develops. There are still reservations about the successful implementation of the ceasefire agreement between ...

On the eve of the long holiday, the Hang Seng Index opened 39 points lower at 25,254 and continued its downward trend, falling as much as 392 points to 24,901 in the afternoon before narrowing its losses to close down 177 points or 0.7% at 25,116. The Tech Index fell 77 points or 1.62% to 4,679. Total market turnover was HK$243.6 billion. The Hang Seng Index rose 164 points or 0.65% last week. The Hang Seng Index had been trading sideways between 25,000 and 27,500 points for six months. It held above the 25,000-point level for the first three weeks of this month, but initially broke below it last week. If it fails to close above 25,000 points this week, the sideways trading pattern will be confirmed broken. The Hang Seng Index is repeatedly testing its bottom along a downward channel. The 250-day moving average (25,141) has been breached, with strong support currently around 24,000 points. The next support level is the neckline of the previous large double bottom at 22,740 points. For ...

Hong Kong stocks got off to a good start in the second quarter amid hopes that the Middle East conflict might subside. The Hang Seng Index opened 569 points higher at 25,357, then rose as much as 641 points to 25,429 before pulling back in the late session, closing up 505 points or 2.04% at 25,294. The Technology Index rose 106 points or 2.29% to 4,756. Turnover totaled HK$291.4 billion. Yesterday, the Hang Seng Index recovered the 250-day moving average (25,135). If it confirms a firm hold above the 20-day moving average (25,373) today, the risk of a further significant decline may be mitigated. The current resistance level for the Hang Seng Index is the 50-day moving average (26,203). The key to the market's performance lies in when the Strait of Hormuz will reopen. If oil prices remain high, the resulting inflation and operational pressures will drag down the economy and put pressure on the stock market. Therefore, investors should take profits and avoid excessive optimism. Desp...