Investment 17/4/2026

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, the market still lacks significant upward momentum, and investors should not be overly aggressive.


The Nikkei index in Japan closed up 2.38% at 59,518 points, breaking the previous record set in February.


In European stock markets, the UK and German equities rose 0.29% and 0.36% respectively, while the French equities fell 0.14%.


US President Trump announced a 10-day ceasefire between Israel and Lebanon, and stated that Iran pledged not to possess nuclear weapons for more than 20 years. The next US-Iran summit may be held this weekend. News spurred a volatile rally in U.S. stocks on Tuesday, with the Dow Jones Industrial Average opening 94 points higher and extending its gains to as much as 219 points, reaching a high of 48,683. However, several tech stocks subsequently retreated from their highs, causing the Dow to fall as much as 126 points to a low of 48,337. The S&P 500 rose as much as 0.4% to 7,051, and the Nasdaq Composite rebounded as much as 0.58% to 24,156. Both the S&P 500 and Nasdaq Composite hit record intraday and closing highs, with the Nasdaq extending its winning streak to 12 trading days, its longest winning streak since 2009.


At the close, the Dow Jones Industrial Average rose 115 points, or 0.24%, to 48,578; the S&P 500 gained 18 points, or 0.26%, to 7,041; and the Nasdaq Composite climbed 86 points, or 0.36%, to 24,102.


The US dollar index rose as much as 0.23% to 98.29, the euro fell 0.27% to $1.1767, and the yen fluctuated, declining 0.19% to 159.31 per dollar. Bitcoin once fell as much as 2.06% to $73,323 before stabilizing.

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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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