Investment 13/4/2026

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 weak bottoming pattern, the market must hold above the 250-day moving average, primarily due to the stagnant oil prices. In the short term, the Hang Seng Index faces significant resistance when attempting to climb back above the 50-day moving average.


European stock markets closed mixed, with UK and German stocks falling 0.03% and 0.01% respectively, while French stocks rose 0.17%. Japan's Nikkei index closed up 1.84%, surging 7.15% for the week, its largest weekly gain since August 2024.


The Iran war caused international oil prices to surge, and US inflation rose 3.3% in March, reaching a near two-year high, but slightly below expectations. US stocks traded mixed on Friday. The Dow Jones Industrial Average opened slightly higher by 13 points, then fell as much as 329 points, hitting a low of 47,856. The S&P 500 initially rose before falling as much as 0.24%, while the Nasdaq Composite rose as much as 0.83%.


At the close, the Dow Jones Industrial Average fell 269 points, or 0.56%, to 47,916; the S&P 500 retreated 7 points, or 0.11%, to 6,816; and the Nasdaq Composite rose 80 points, or 0.35%, to 22,902.


For the week as a whole, the Dow Jones rose 3%, the S&P 500 rose 3.6%, and the Nasdaq Composite rebounded 4.7%.


The US dollar index fell as much as 0.28% to 98.54, the yen also fell 0.26% to 159.37 against the dollar, while the euro rose 0.36% to $1.1742. Bitcoin fell as much as 1.38% to $71,431 before dropping about 1%.

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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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