Investment 14/5/2026

The Hang Seng Index opened 22 points higher at 26,369, then saw a struggle between bulls and bears, falling as low as 127 points to 26,220 and rising as high as 110 points to 26,458, closing up 40 points or 0.15% at 26,388. The Technology Index rose 23 points or 0.45% to 5,093. Total market turnover was HK$277.7 billion.


Yesterday, the Hang Seng Index held above Monday's low of 26,219. Today, it is expected to test the resistance level of 26,669, the high of last Thursday (7th). In the short term, it is likely to remain within the 26,219-27,397 range.


With the global development of artificial intelligence (AI) and the emergence of a new supply chain landscape, Morgan Stanley believes that Chinese stocks will benefit, and has accordingly raised its forecasts for several indices, including a target of 28,400 for the Hang Seng Index by mid-next year.


European stocks were relatively stable, with British, French, and German stocks rising 0.58%, 0.35%, and 0.76%, respectively.


Middle East wars significantly pushed up energy prices, and US producer prices rose at their fastest pace in four years in April. US stocks traded mixed on Wednesday. The Dow Jones Industrial Average opened 85 points lower and fell as much as 309 points, hitting a low of 49,451. The S&P 500 and Nasdaq Composite both hit record intraday and closing highs. The S&P 500 retreated slightly before rising as much as 0.8%, reaching a high of 7,460, while the technology-heavy Nasdaq Composite rose as much as 1.48% to 26,474.


At the close, the Dow Jones Industrial Average fell 67 points, or 0.14%, to 49,693; the S&P 500 rose 43 points, or 0.58%, to 7,444; and the Nasdaq Composite rose 314 points, or 1.2%, to 26,402.


The US dollar index rose as much as 0.31% to 98.598, the euro fell 0.37% to $1.1696, and the yen dropped 0.17% to 157.9 per dollar. Bitcoin fell as much as 3.14% to $78,725.

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Investment 24/4/2026

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