Investment 16/4/2026

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 down 0.64%, dragged down by pressure on luxury goods stocks.


The US and Iran reportedly agreed in principle to extend the ceasefire. Markets awaited details of the truce agreement, and US stocks traded mixed on Wednesday. The Dow Jones Industrial Average opened 13 points higher and rose as much as 173 points before falling as much as 254 points to a low of 48,281. The S&P 500 and Nasdaq Composite both hit intraday highs of 7,026 and 24,026 respectively, closing near their intraday highs and setting new record highs.


At the close, the Dow Jones Industrial Average fell 72 points, or 0.14%, to 48,463; the S&P 500 rose 55 points, or 0.8%, to 7,022; and the Nasdaq Composite rose 376 points, or 1.59%, to 24,015.


The US dollar index rose as much as 0.17% to 98.29 before softening; the euro fell 0.2% to $1.1772 before stabilizing; the yen fell 0.23% to 159.15 per dollar. Bitcoin rose as much as 2.36% to $75,283. Spot gold prices retreated as much as 1.14%, hitting a low of $4,786.54 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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