Investment 15/5/2026
The Hang Seng Index opened 448 points higher at 26,836, then rose as much as 456 points to a more than two-and-a-half-month high of 26,844. Its upward momentum subsequently moderated, and it briefly turned lower towards the close, ending the day with a slight gain of less than 1 point at 26,389. The Technology Index fell 17 points, or 0.34%, to 5,076. Total market turnover was HK$306.7 billion.
Yesterday, the index indeed broke through last Thursday's high and reached a two-and-a-half-month high, but profit-taking subsequently wiped out all gains. With improved sentiment in the Hong Kong stock market, the Hang Seng Index has the potential to catch up, and in the short term, it is more likely to remain within the 26,219 to 27,397 range.
European stock markets rose across the board, with the UK, French, and German indices rising 0.46%, 0.93%, and 1.32%, respectively.
Market sentiment was positive as hopes for a meeting between Chinese and US leaders Xi Jinping and Donald Trump could ease trade tensions between the two countries, leading to a continued rally in US stocks on Thursday. The S&P 500 and Nasdaq Composite both hit record intraday and closing highs, with the S&P 500 closing above 7,500 for the first time and the Dow Jones Industrial Average surpassing the 50,000 mark again.
The Dow Jones opened 150 points higher and then extended its gains to as much as 507 points, reaching a high of 50,200; the S&P 500 rose as much as 0.98% to 7,517; and the tech-heavy Nasdaq Composite rose as much as 1.15% to 26,707.
At the close, the Dow Jones Industrial Average rose 370 points, or 0.75%, to 50,063; the S&P 500 rose 56 points, or 0.77%, to 7,501; and the Nasdaq Composite rose 232 points, or 0.88%, to 26,635.
The US dollar index rose 0.39% to 98.91; the euro fell 0.42% to $1.1668; and the yen dropped 0.34% to 158.4 against the dollar. Bitcoin fluctuated, rising 0.44% to $80,026.
留言
張貼留言