Investment 20/5/2026

The Hang Seng Index opened 18 points higher at 25,693, rising as much as 170 points to 25,845, before closing up 122 points or 0.47% at 25,797. The Tech Index rose 12 points or 0.25% to 4,857. Total market turnover was HK$272.1 billion.


Hong Kong stocks rebounded yesterday, with the Hang Seng Index closing above its 50-day moving average (25,775). The possibility of increased bombing by the US and Israel due to Iranian interference supported by malicious forces is rising. Despite the rebound, the Hang Seng Index will be capped by resistance at the February 10 high of 27,397. Current market capitalization offers low risk-reward ratios.


European stocks showed mixed performance, with UK and German stocks rising 0.07% and 0.38% respectively, while French stocks fell 0.07%.


Global inflation concerns intensified, pushing the yield on the 30-year US Treasury bond to 5.19%, a 19-year high since 2007. US stocks continued to be pressured on Tuesday. The Dow Jones Industrial Average opened slightly higher by 10 points but then plunged as much as 441 points, hitting a low of 49,245. The S&P 500 fell as much as 0.94%, and the Nasdaq Composite dropped as much as 1.49%.


At the close, the Dow Jones Industrial Average fell 322 points, or 0.65%, to 49,363; the S&P 500 fell 49 points, or 0.67%, to 7,353, marking its third consecutive day of losses; and the Nasdaq Composite fell 220 points, or 0.84%, to 25,870.


The US dollar index rose as much as 0.24% to 99.43, while the euro fell 0.57% to $1.1593. U.S. Treasury Secretary Besan posted on social media that excessive foreign exchange volatility is undesirable and expressed confidence that Bank of Japan Governor Kazuo Ueda can successfully lead Japan's monetary policy. The yen briefly rose before weakening again, falling 0.26% to 159.26 against the dollar. Bitcoin fell as much as 1.63% to $76,082.

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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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