Investment 20/4/2026

The Hang Seng Index opened 183 points lower at 26,210 and continued its downward trend, falling as much as 378 points to 26,015. It closed down 233 points, or 0.88%, at 26,160. The Technology Index fell 49 points, or 0.97%, to 5,042. Total market turnover was HK$238 billion.


Hong Kong stocks ended their three-day winning streak on Friday. If the Hang Seng Index continues to adjust today, and can hold above the 150-day moving average (25,942), it may still test the 27,500 level again. The situation regarding the opening or closing of the Strait of Hormuz under Iran's theocratic regime remains uncertain; investors should remain cautious.


European stocks closed higher across the board last week, with the UK, French, and German indices rising 0.73%, 1.97%, and 2.27%, respectively.


Iran announced that the Strait of Hormuz would be fully open to merchant ships during the ceasefire agreement between Israel and Lebanon, and US President Trump also stated that Iran had cleared all mines. This news spurred a surge of over 1,000 points in US stocks on Friday, with all three major indices closing more than 1% higher. The S&P 500 and Nasdaq Composite both hit record intraday and closing highs. The S&P 500 broke 7,100 points for the first time, and the tech-heavy Nasdaq rose for the 13th consecutive trading day, its longest winning streak since 2013. The Dow Jones Industrial Average opened 210 points higher and then extended its gains to a maximum of 1,139 points, reaching a high of 49,717 points; the S&P 500 rose as much as 1.51% to 7,147 points, setting a new record for the third consecutive day; the Nasdaq Composite rose as much as 1.73%, breaking through to a new high of 24,519 points.


U.S. stocks closed with narrow gains as the Iranian government rejected its plan to ship enriched uranium abroad and accused the U.S. maritime blockade of violating the ceasefire agreement. The Dow Jones Industrial Average still closed up 868 points, or 1.79%, at 49,447; the S&P 500 rose 84 points, or 1.2%, to 7,126; and the Nasdaq Composite gained 365 points, or 1.52%, to 24,468. For the week, the Dow climbed 3.2%, the S&P 500 gained 4.5%, and the Nasdaq rose 6.8%.


The U.S. dollar index initially fell 0.6% to 97.63 before stabilizing. The Bloomberg Dollar Spot Index fell as much as 0.55%, erasing all gains since the outbreak of the Iran war. The euro rose 0.58% to $1.1852; the yen rose 0.99% to 157.59 per dollar. Bitcoin surged 3.1% to $77,569.

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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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