Investment 30/4/2026

On the futures settlement day, the Hang Seng Index opened 162 points higher at 25,842, and rose as much as 453 points to 26,132 in the afternoon, closing up 432 points or 1.68% at 26,111. The Technology Index rose 82 points or 1.71% to 4,910. Total market turnover was HK$258.2 billion.

Although there was a rebound yesterday, investors should not take the futures settlement day's gains too seriously. The Hang Seng Index regained its 20-day moving average (26,041) and is expected to continue fluctuating between 25,700 and 26,700 points. It is not advisable to rush into the market now, but rather to adopt a hedging strategy and wait for the Hang Seng Index to potentially fall to the 24,409 level before considering buying on dips to capitalize on a potential rebound.

European stock markets all declined, with the UK, French, and German stock markets closing down 1.16%, 0.39%, and 0.27% respectively.

U.S. stocks were generally pressured on Wednesday, influenced by rising international oil prices and U.S. Treasury yields. The Dow Jones Industrial Average opened 21 points higher but then fell after the Federal Reserve announced it would maintain interest rates unchanged, which was in line with market expectations. However, the Dow's losses widened to as much as 433 points, reaching a low of 48,708 points, following the announcement. The S&P 500 also fluctuated, falling as much as 0.43%, before both the Dow and S&P 500 eventually narrowed their losses. The Nasdaq also fluctuated, falling as much as 0.53%, before closing relatively stable.

At the close, the Dow Jones Industrial Average was down 280 points, or 0.57%, at 48,861 points; the S&P 500 was down slightly by 2 points, or 0.04%, at 7,135 points; and the Nasdaq Composite was up slightly by 9 points, or 0.04%, at 24,673 points.

The US dollar index rose as much as 0.42% to 99.05, while the euro fell 0.44% to $1.1662; the yen fell below the 160 mark, dropping 0.51% to 160.43 against the dollar. Bitcoin rose as much as 1.87% to $77,895 before falling back to $74,958.

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Investment 29/4/2026

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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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