Investment 28/4/2026

The Hang Seng Index opened 1 point lower at 25,976, then saw a struggle between bulls and bears, falling as low as 119 points to 25,858 and rising as high as 107 points to 26,086. It closed down 52 points, or 0.2%, at 25,925. The Technology Index rose 37 points, or 0.76%, to 4,939. Total market turnover was HK$251.6 billion.


Last Friday, the Hang Seng Index did not fall further before reaching 25,639, failing to reach the measured decline target of 25,509. A rebound is expected today, with a target of 26,189. The full resumption of navigation in the Strait of Hormuz and oil prices are key factors. Oil prices need to fall back to around US$85 for Hong Kong stocks to have a chance to break through again. The Hang Seng Index is expected to fluctuate within the 1,000-point range of 25,500 to 26,500. With only four trading days this week, investor sentiment is leaning towards caution.


European stocks were pressured in late trading, with British, French, and German stocks falling 0.56%, 0.19%, and 0.19% respectively.


Apple shares were pressured, and the continued blockade of the Strait of Hormuz and rising international oil prices contributed to the mixed performance of US stocks on Monday. The Dow Jones Industrial Average opened 118 points lower, then initially rose 122 points to a high of 49,353, before quickly reversing course and falling as much as 201 points to a low of 49,029. The S&P 500 fell as much as 0.26%, and the tech-heavy Nasdaq Composite dropped as much as 0.57%, but both subsequently hit new intraday and closing highs.


At the close, the Dow Jones Industrial Average fell 62 points, or 0.13%, to 49,167; the S&P 500 rose 8 points, or 0.12%, to 7,173; and the Nasdaq Composite rose 50 points, or 0.2%, to 24,887.


The US dollar index fluctuated, falling as much as 0.32% to 98.21, while the euro rose 0.31% to $1.1758 before remaining largely unchanged; the yen fluctuated, holding steady at 159.4 per dollar. Bitcoin briefly touched a 12-week high, rising 1.61% to $79,488, but subsequently reversed course and fell back by more than 1%.

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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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