Investment 3/6/2026

The Hang Seng Index opened 3 points lower at 25,395, but quickly rebounded, with gains widening further in the afternoon, rising as much as 646 points to 26,045. It closed up 640 points, or 2.52%, at 26,038, marking its third consecutive day of gains. The Technology Index rose 234 points, or 4.72%, to 5,199. Total market turnover was HK$373.7 billion.


Although the Hang Seng Index climbed back above the 250-day moving average (25,675), a key level for bull and bear markets, further upside potential for Hong Kong stocks may be limited. The high of 26,845 reached on the 14th of last month is expected to present significant resistance, making current market entry risky.


European stock markets were stable, with the UK, French, and German stock markets rising 0.33%, 0.77%, and 0.48%, respectively.


While the US-Iran peace talks showed no progress, artificial intelligence (AI) infrastructure and chip stocks performed well. U.S. stocks traded mixed on Tuesday, with the Dow Jones and S&P 500 both hitting intraday and closing record highs. The Dow opened 166 points lower and its losses widened to as much as 249 points before recovering to a high of 51,369 points, a gain of up 290 points. The S&P 500 fluctuated, rising as much as 0.28%, while the tech-heavy Nasdaq Composite rebounded as much as 0.31%.


At the close, the Dow Jones Industrial Average rose 228 points, or 0.44%, to 51,307; the S&P 500 gained 9 points, or 0.13%, to 7,609; and the Nasdaq Composite climbed 7 points, or 0.03%, to 27,093.


The U.S. dollar index initially fell 0.15% to 99.049 before recovering; the yen weakened 0.2%, hitting a low of 159.99 against the dollar; and the euro rose 0.22%, reaching a high of $1.1658. Bitcoin fell below $70,000 for the first time in two months, dropping as much as 7.2% to $66,359.

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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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