Investment 10/4/2026

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% respectively. U.S. stocks initially fell before recovering. The Dow Jones Industrial Average opened 69 points lower, and the decline widened to as much as 219 points, reaching a low of 47,690. It later rebounded, rising as much as 414 points to a high of 48,323. The S&P

500 rebounded as much as 0.77%, while the tech-heavy Nasdaq Composite climbed as much as 0.89%. Investors remained optimistic that the fragile two-week ceasefire agreement between the U.S. and Iran could be maintained.


At the close, the Dow Jones Industrial Average rose 275 points, or 0.57%, to 48,185; the S&P 500 gained 11 points, or 0.62%, to 6,824; and the Nasdaq Composite climbed 187 points, or 0.83%, to 22,822.


The U.S. dollar index fell as much as 0.58% to 98.63, the yen declined 0.45% to 159.3 against the dollar, while the euro rose 0.55% to $1.1726. Bitcoin retreated as much as 1.27% to $70,471 before rebounding more than 1%. Spot gold prices rose as much as 1.73% to a high of $4,801.14 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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