Investment 15/4/2026

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 arise, with a target of 28,056.


According to the latest financial data from China in March: the M2 money supply grew at an annualized rate of 8.5%, reaching a staggering 353.86 trillion yuan. China's M2 is large enough to buy up all the US dollars, euros, and Japanese yen, with 10 trillion yuan still remaining.


European stock markets performed well, with French and German stocks both rising over 1%, and British stocks rising slightly by 0.25%.


Markets anticipated that negotiations between the US and Iran could resume in the next two days, with a new round of talks potentially helping to resolve the conflict. International oil prices rebounded sharply, and the latest inflation figures were not as severe as expected, leading to a positive performance in US stocks on Tuesday. The Dow Jones Industrial Average opened 53 points higher and then extended its gains to as much as 374 points, reaching a high of 48,592 points; the S&P 500 rose as much as 1.21%, and the technology-heavy Nasdaq Composite Index rose as much as 1.96%.


At the close of trading on the US stock market, the Dow Jones Industrial Average rose 317 points, or 0.66%, to 48,535; the S&P 500 jumped 81 points, or 1.18%, to 6,967; and the Nasdaq Composite gained 455 points, or 1.96%, to 23,639.


The US dollar index fell as much as 0.41% to 97.97, while the euro rose 0.45% to $1.1814, and the yen gained 0.53% to 158.6 against the dollar. Spot gold prices rose as much as 2.24%, reaching a high of $4,846.34 per ounce; Bitcoin surged as much as 3.95% to $76,094.31.

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