Investment 12/5/2026

US President Trump was dissatisfied with Iran's proposal, causing the Hang Seng Index to open 82 points lower at 26,310, and then fell 174 points to 26,219. However, it subsequently recovered, closing up 13 points or 0.05% at 26,406; the Tech Index rose 3 points or 0.07% to 5,106. Total market turnover was HK$288.4 billion.


Yesterday, the Hong Kong stock market saw little change throughout the day, with bulls and bears engaging in a tug-of-war within a high-level sideways trading range. Investors are holding their breath awaiting today's US-China trade talks in South Korea and Thursday's meeting between Trump and Xi. The market is expected to consolidate in the early part of this week. Currently, the 100-day moving average (26,288) provides support for the Hang Seng Index. The future direction depends on the earnings performance of major blue-chip stocks. If this leads to a revaluation of the overall market, the Hang Seng Index could successfully surpass the April 21 high of 26,529 points and potentially challenge the February 10 high of 27,397 points. UBS has maintained its year-to-date target for the Hang Seng Index at 30,000 points, indicating an upside of over 13% from the current level.


European stock markets showed mixed performance, with the UK ETF rising 0.36%, the German ETF rebounding slightly by 0.05%, and the French ETF falling 0.69%.


Despite the failure of the US and Iran to break the deadlock on a ceasefire, US stocks rallied on Monday. The Dow Jones Industrial Average opened 60 points lower, then fell as much as 133 points before rising as much as 162 points to a high of 49,771. The S&P 500 and Nasdaq Composite both hit record intraday and closing highs. The S&P 500 rose as much as 0.41% to 7,428, while the tech-heavy Nasdaq rebounded as much as 0.43% to 26,359.


At the close, the Dow Jones Industrial Average rose 95 points, or 0.19%, to 49,704; the S&P 500 rose 13 points, or 0.19%, to 7,412; and the Nasdaq Composite rose 27 points, or 0.1%, to 26,274.


The US dollar index rose as much as 0.26% to 98.1563, while the euro fell 0.36% to $1.1744. The yen fell 0.39% to 157.28 against the dollar. Bitcoin rose as much as 2.13% to $82,435.

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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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