Investment 22/5/2026

The Hang Seng Index opened 182 points higher at 25,833, reaching its intraday high, before fluctuating downwards, falling as much as 309 points to 25,341. It closed down 264 points, or 1.03%, at 25,386. The Technology Index fell 104 points, or 2.15%, to 4,768. Total market turnover was HK$298.5 billion.


Hong Kong stocks fell again yesterday and are expected to rebound today. Unless the Hang Seng Index quickly returns above its 250-day moving average (25,621), it will likely continue its downward trend with lower highs. Currently, the Hang Seng Index daily chart shows the upper Bollinger Band at 26,600 and the lower band at 25,500. Major technical indicators are bearish, making it premature to say the decline in Hong Kong stocks has ended. However, many traditional stocks have low valuations and decent dividends, which should provide a floor and limit the Hang Seng Index's decline. Yesterday's recent low of 25,341 points may hold.


European stock markets were mixed. The UK FTSE 100 rose 0.11%, while the French and German FTSE 100 fell 0.39% and 0.53% respectively.


The market reacted tepidly to Nvidia's strong earnings, with its share price still falling 1.8%. Coupled with a rebound in US Treasury yields and international oil prices, US stocks retreated in early trading on Thursday. The Dow Jones Industrial Average opened 25 points lower and then fell as much as 311 points, reaching a low of 49,697. Later, news that Iran and the US had reached a final draft peace agreement boosted the Dow to a high of 50,381, a rise of 372 points. Iranian officials later denied reaching an agreement, but the narrowing of differences between the two countries reduced the Dow's gains, though it still closed at a record high. The S&P 500 fell as much as 0.59%, and the Nasdaq Composite dropped as much as 0.88%.


U.S. stocks closed with the Dow Jones Industrial Average at 50,285, up 276 points or 0.55%; the S&P 500 rebounded 12 points or 0.17% to 7,445; and the Nasdaq Composite edged up 22 points or 0.09% to 26,293.


The U.S. dollar index rose as much as 0.43% to 99.52, while the euro fell 0.41% to $1.1576, and the yen dropped 0.26% to 159.34 per dollar. Bitcoin fell as much as 1.3% to $76,652 before stabilizing.

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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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