Investment 2/4/2026

Hong Kong stocks got off to a good start in the second quarter amid hopes that the Middle East conflict might subside. The Hang Seng Index opened 569 points higher at 25,357, then rose as much as 641 points to 25,429 before pulling back in the late session, closing up 505 points or 2.04% at 25,294. The Technology Index rose 106 points or 2.29% to 4,756. Turnover totaled HK$291.4 billion.


Yesterday, the Hang Seng Index recovered the 250-day moving average (25,135). If it confirms a firm hold above the 20-day moving average (25,373) today, the risk of a further significant decline may be mitigated. The current resistance level for the Hang Seng Index is the 50-day moving average (26,203). The key to the market's performance lies in when the Strait of Hormuz will reopen. If oil prices remain high, the resulting inflation and operational pressures will drag down the economy and put pressure on the stock market. Therefore, investors should take profits and avoid excessive optimism.


Despite US President Trump's threat that a ceasefire would only be reached after the Strait of Hormuz reopens, markets still anticipate the war with Iran is nearing its end. The MSCI Asia Pacific Index surged 5%, with South Korea's KOSPI index rebounding sharply by 8.44%, and Samsung Electronics rising nearly 13%, its strongest gain since 2001; Japan's Nikkei index rose 5.24%, its biggest gain in a year.


European stocks rose across the board, with British, French, and German stocks rising 1.85%, 2.1%, and 2.73% respectively.


US stocks continued their upward trend on Wednesday after a sharp rebound on Tuesday. The Dow Jones Industrial Average opened 54 points higher and then extended its gains to as much as 461 points, reaching a high of 46,803 points. The S&P 500 rose as much as 1.24%, and the technology-heavy Nasdaq Composite rose as much as 1.82%.


U.S. stocks closed with the Dow Jones Industrial Average up 224 points, or 0.48%, to 46,565; the S&P 500 rose 46 points, or 0.72%, to 6,575; and the Nasdaq Composite gained 250 points, or 1.16%, to 21,840.


The U.S. dollar index fell as much as 0.64% to 99.32, the euro rose 0.61% to $1.1624, and the yen gained 0.28% to 158.28 per dollar. Bitcoin rose as much as 1.56% to $69,260. Spot gold prices rose for the fourth consecutive day, gaining as much as 2.69% to $4,792.96 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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