Investment 22/6/2026

Last Thursday，The Federal Reserve kept interest rates unchanged, and the three major US stock indexes closed lower. Hong Kong stocks followed suit, opening lower and even briefly falling below 23,800 points. The Hang Seng Index opened 166 points lower at 24,145, and the decline widened in the afternoon, falling as much as 562 points to a low of 23,749. It closed at 23,924, down 387 points or 1.59%, marking its third consecutive day of losses. The technology index fell 64 points or 1.3% to 4,604. Total market turnover exceeded HK$358.7 billion.


The signing of a ceasefire memorandum of understanding between the United States and Iran provided positive support to global financial markets. However, Hong Kong stocks remain under pressure due to the crackdown on illegal cross-border investment and the continued selling pressure on heavyweight technology stocks by northbound capital. Last Thursday, Hong Kong stocks followed overseas markets lower, falling below 24,000 points. A further decline would target the 23,300-point level, the low point from mid-last year. If the correction continues, there is a high chance of reaching 22,986 points in the short term; the measured decline target within the medium-term consolidation range could reach 21,000 points. If the Hang Seng Index rebounds, resistance is expected at 24,200 points, with even stronger resistance at 25,000 points.


On Friday (June 19), European stock markets showed mixed performance, generally fluctuating narrowly around the flat line. Trading was thin due to the US holiday, coupled with volatile Middle East geopolitical news and investors digesting the US Federal Reserve's announcement.


US stock markets were closed last Friday for Juneteenth National Independence Day, a national federal holiday. This holiday, also known as "Freedom Day" or "Emancipation Day," commemorates the end of slavery in Texas on June 19, 1865, and is of great significance to African American history and the fight for equality.

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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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