Investment 6/5/2026

The Hang Seng Index opened 150 points lower at 25,945, then fell as much as 405 points to 25,690, closing down 197 points or 0.75% at 25,898. The Tech Index fell 47 points or 0.94% to 4,929. Total market turnover was HK$122.2 billion. With the suspension of northbound trading, market turnover further decreased, reaching its lowest level since October 6th last year (excluding half-day trading). Mainland A-shares resumed trading today.


The Hang Seng Index has been hovering around its 50-day moving average (25,982) for the past week and is expected to rebound today. If the Hang Seng Index can return above 26,300, it may test the 27,500 level again. However, if the 250-day moving average (25,467) is breached, the support level could reach around 24,000. At current levels, betting on a Hang Seng rebound offers limited upside potential but carries significant downside risk.


European stocks traded mixed. HSBC's share price was pressured after its earnings report, dragging down the UK stock market by 1.4%. French and German stocks rose 1.08% and 1.71% respectively.


The US and Iran largely maintained their ceasefire agreement, and international oil prices retreated by nearly 4%, easing market tensions. US stocks rallied on Tuesday. The Dow Jones Industrial Average opened 95 points higher and rebounded as much as 423 points to a high of 49,365. The S&P 500 rose as much as 1.01% to 7,273, and the Nasdaq Composite climbed as much as 1.17% to 25,361, both hitting new highs and closing at record highs.


At the close, the Dow Jones Industrial Average rose 356 points, or 0.73%, to 49,298; the S&P 500 rose 58 points, or 0.81%, to 7,259; and the Nasdaq Composite rose 258 points, or 1.03%, to 25,326.


The US dollar index rose as much as 0.21% to 98.58, the euro rose 0.2% to $1.1716, and the yen fell 0.43% to 157.93 against the dollar. Bitcoin rose as much as 2.5% to $81,746.

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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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