Investment 23/6/2026

The Hang Seng Index opened 113 points lower at 23,811, then plunged 479 points to a year-to-date low of 23,444, before closing down 156 points or 0.65% at 23,768, marking its fourth consecutive day of decline. The Technology Index fell 54 points or 1.19% to 4,549. Total market turnover was HK$348.6 billion.


Initial support for the Hang Seng Index is at 23,300. A rebound is expected today, with the first resistance level at the 10-day moving average of 24,394. Whether it can break through this level in the coming days will depend on whether there are positive signals from heavyweight blue-chip stocks.


European stock markets were mixed, with UK and German stocks rising 0.72% and 0.62% respectively, while French stocks fell 0.25%.


US stocks reopened mixed after a holiday on Monday. The continued decline in international oil prices boosted market sentiment, and the market is also watching the earnings report from memory chip giant Micron to be released later this week. The Dow Jones Industrial Average opened slightly lower by 9 points, then rallied as much as 323 points to a high of 51,887, before its gains slowed. The S&P 500 fell as much as 0.54%, while the tech-heavy Nasdaq Composite fluctuated and dropped as much as 1.48%.


At the close of trading, the Dow Jones Industrial Average rose 148 points, or 0.29%, to 51,712; the S&P 500 fell 27 points, or 0.37%, to 7,472; and the Nasdaq Composite dropped 351 points, or 1.32%, to 26,166.


The US dollar index rose as much as 0.23% to 101.08. After British Prime Minister Justin Schoen announced his resignation, the pound sterling recovered from its near-year low of $1.3181, rising as much as 0.31% to $1.3273. The euro fell 0.46% to $1.1419; the yen further approached a 40-year low, falling as much as 161.93 against the dollar, a drop of 0.38%. Bitcoin rose as much as 2.79% to $65,548. Spot gold prices fluctuated and rose as much as 1.56%, reaching a high of $4,220.72 per ounce.

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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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