Investment 11/5/2026

Amidst volatile tensions in the Middle East, the Hang Seng Index opened 266 points lower at 26,359, then fell as much as 351 points to 26,274, closing down 232 points or 0.87% at 26,393. The Technology Index dropped 18 points or 0.35% to 5,102. Total market turnover was HK$279.7 billion.


For the week, the Hang Seng Index rose a cumulative 617 points or 2.39%.


The market pattern this month has been one of initial decline followed by a rise. The Hang Seng Index has risen from a 5-May low of 25,690 to a 7-May high of 26,669, meaning the monthly range has widened slightly to 979 points. As long as the Hang Seng Index can hold above its 250-day moving average (25,518), it can continue to rise. If it breaks through 26,669 points, the first target is the February 10 high of 27,397 points, and the market may then test the resistance zone of 27,500 to 28,000 points.


European stock markets closed slightly lower, with the UK, French, and German markets closing down 0.43%, 1.09%, and 1.32% respectively.


The latest US employment data was positive, and the market still hopes for a final ceasefire between the US and Iran. US stocks rebounded on Friday. The Dow Jones Industrial Average opened slightly lower by 15 points, then rebounded as much as 233 points to 49,830 points, before settling down. The S&P 500 and Nasdaq Composite both hit record intraday and closing highs. The S&P 500 rose as much as 0.88% to 7,401 points, and the Nasdaq Composite rose as much as 1.71% to 26,248 points.


U.S. stocks closed higher. The Dow Jones Industrial Average rose 12 points, or 0.02%, to 49,609; the S&P 500 gained 61 points, or 0.84%, to 7,398; and the Nasdaq Composite climbed 440 points, or 1.71%, to 26,247. For the week, the Dow rose 0.2%, the S&P 500 rebounded 2.3%, and the Nasdaq gained 4.5%. Both the S&P 500 and Nasdaq have risen for six consecutive weeks.


The U.S. dollar index fell as much as 0.24% to 97.83, the euro rose 0.55% to $1.1724, and the yen also rose 0.32% to 156.44 per dollar. Bitcoin fluctuated, falling as much as 1.54% to $79,205 before recovering.

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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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