Investment 23/4/2026

The Hang Seng Index opened 183 points lower at 26,303 and continued its downward trend, falling as much as 414 points to a low of 26,073, closing down 324 points or 1.22% at 26,163. The Technology Index fell 97 points or 1.92% to 4,963. Total market turnover was HK$228.3 billion.


The uncertainty surrounding the opening of the Strait of Hormuz led to a sharp rebound in Brent crude oil prices, and the resulting inflationary threat severely hampered the global economy. This pressured Hong Kong stocks. While the US-Iran ceasefire eased market panic compared to March, the Hang Seng Index remained volatile without significant gains until oil prices fell sharply. It is believed that today's rebound will bring it back above the 50-day moving average (26,299), and the market can still hold above the 250-day moving average (25,331), a key level for bull and bear markets.


European stocks were under pressure, with British, French, and German stocks falling 0.21%, 0.96%, and 0.31%, respectively.


US stocks rebounded on Wednesday after President Trump announced an extension of the ceasefire between the US and Iran. The Dow Jones Industrial Average opened 122 points higher and then extended its gains to as much as 475 points, reaching a high of 49,624. The S&P 500 rose as much as 1.06% to 7,138, and the tech-heavy Nasdaq Composite climbed as much as 1.65%, reaching a high of 24,660. Both the Nasdaq and S&P 500 hit record closing highs.


At the close of trading in the US market, the Dow Jones Industrial Average rose 340 points, or 0.69%, to 49,490; the S&P 500 rose 73 points, or 1.05%, to 7,137; and the Nasdaq Composite rose 397 points, or 1.64%, to 24,657.


The US dollar index fluctuated upwards, rising as much as 0.25% to 98.64, while the yen gained 0.16% to 159.11 against the dollar, and the euro fell 0.34% to $1.1703. Bitcoin surged as much as 5.5% to $79,468, its highest level since early February.

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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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