Investment 8/7/2026

The Hang Seng Index opened 47 points lower at 23,568, then rose 204 points to 23,820 before selling pressure returned, pushing it down as low as 218 points to 23,398. It closed down 119 points, or 0.5%, at 23,496. The Tech Index fell 34 points, or 0.75%, to 4,507. Total market turnover was HK$319.7 billion.

Yesterday, the Hang Seng Index rebounded to the 20-day moving average (23,793) but encountered significant resistance, turning from gains to losses. The previous day's close was down over 100 points, with a range of 323 points. In fact, the technical rebound after overselling was expected. During the Hang Seng Index's sharp decline in June, there were two similar rebounds exceeding 1,000 points, but both times it touched the 20-day moving average before falling again. To reverse the recent weakness, it must first stabilize above the 20-day moving average. The performance in the following trading days will determine the remainder of July.

European stocks were mixed, with the UK FTSE 100 rising 0.13%, while French and German stocks fell 0.51% and 1.37% respectively.

US stocks were pressured on Tuesday by a sell-off in semiconductor stocks and a rebound in international oil prices. The Dow Jones Industrial Average opened 48 points higher and then extended its gains to as much as 233 points, reaching a high of 53,289, a new intraday record. It then fluctuated, falling as much as 281 points to a low of 52,774. The S&P 500 fell as much as 0.78%, and the technology-heavy Nasdaq Composite dropped as much as 1.67%.

US stocks closed: The Dow Jones Industrial Average fell 130 points, or 0.24%, to 52,925; the S&P 500 fell 33 points, or 0.45%, to 7,503; and the Nasdaq Composite fell 302 points, or 1.16%, to 25,818.

The US dollar index rose as much as 0.28% to 101.13, while the euro fell 0.29% to $1.1409, and the yen rose as much as 0.26% to 161.67 per dollar. Bitcoin fell as much as 3.1% to $62,623 before stabilizing. Spot gold prices fell as much as 1.75% to $4,092.29 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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