Investment 19/5/2026

The Hang Seng Index opened 123 points lower at 25,838 and continued its decline, falling as much as 457 points to a low of 25,505. It is currently down 350 points, or 1.34%, at 25,612. The Technology Index fell 102 points, or 2.07%, to 4,838. Total market turnover was HK$161.2 billion.


China's April economic data, including industrial production and retail sales, were weaker than expected. Coupled with ongoing geopolitical tensions in the Middle East affecting energy prices and inflation concerns, technology and financial stocks retreated. In the short term, the Hang Seng Index faces resistance at the 50-day moving average (25,893) and support near the 250-day moving average (25,596). A break below these levels could lead to further declines. The market still lacks a clear direction; investors should pay attention to opening volume, follow-up Chinese data, and geopolitical news.


European stocks stabilized at lower levels, with the UK, French, and German indices rising 1.26%, 0.44%, and 1.49%, respectively.


Trump posted on social media that, at the request of Qatar and other countries, the US had postponed its planned attack on Iran, originally scheduled for Tuesday. This news fueled market hopes for a breakthrough in US-Iran negotiations, causing international oil prices to soften from their highs on Monday and helping the Dow Jones Industrial Average stabilize. However, a Seagate executive stated that the construction of a new factory was "taking too long," exacerbating concerns that memory chip production capacity was insufficient to meet surging demand. This triggered a sell-off in related sectors, dragging down the technology-heavy Nasdaq.


The Dow Jones opened 45 points lower, then rebounded as much as 234 points to a high of 49,761, before falling as much as 173 points to a low of 49,352. The S&P 500 fell as much as 0.75%, and the Nasdaq fell as much as 1.36%.


U.S. stocks closed with the Dow Jones Industrial Average up 159 points, or 0.32%, to 49,686; the S&P 500 down 5 points, or 0.07%, to 7,403; and the Nasdaq Composite down 134 points, or 0.51%, to 26,090.


The U.S. dollar index fell as much as 0.33% to 98.95, the euro rose 0.31% to $1.1664, and the yen gained 0.13% to 158.54 per dollar. Bitcoin fell as much as 3.1% to a more than two-week low of $76,029.

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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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