inkovsky

[inkovsky]

The Hang Seng Index opened 28 points higher at 24,191 points and maintained its upward trend, rising as much as 276 points to 24,439 points, up 204 points or 0.84% ​​for the day to 24,366 points; the Technology Index rose 59 points or 1.09% to 5,451 points. The main board turnover was HK$235.1 billion.

There are reports that China and the United States have reached a framework agreement on trade negotiations. In addition, there will be an important meeting in the Mainland next week. The market is looking forward to the announcement of major financial policies, which will support the performance of the market. Hong Kong stocks are in high spirits. The Hang Seng Index has broken through the 24,000 mark. It is believed that there is still room for further increase in the future, repeatedly challenging 24,900 points, and the support below is at 23,500 points. In an optimistic situation, the Hang Seng Index may climb to 26,200 points before the fourth quarter. However, high-chasing should pay attention to risks and strictly adhere to the stop loss position.

European stock markets showed mixed performances, with British stocks slightly higher by 0.13%, while French and German stocks fell by 0.36% and 0.16% respectively.

The US-China trade negotiations have made good progress, and US President Trump said that he will work with Xi Jinping to promote China's open trade with the United States. The latest US inflation data was mild. The US CPI rose by 0.1% month-on-month in May, which was expected to be 0.2%, but it rose by 2.4% year-on-year, which was expected to be 2.5%. Trump believes that the data performance is very bright, and the Federal Reserve should immediately cut interest rates by one percentage point, which will greatly reduce the interest payments on debts that are about to mature. The news strengthened the Fed's rationale for cutting interest rates. After opening 15 points higher, the Dow Jones Industrial Average expanded its gains to a maximum of 248 points, re-entering 43,000 points, and softened after reaching a high of 43,115 points; the S&P 500 rose by 0.34%, and the Nasdaq, which is dominated by technology stocks, rose by as much as 0.43%; the three major indexes eventually fell moderately, and the S&P 500 ended its three-day winning streak.

At the close of the U.S. stock market, the Dow Jones Industrial Average fell slightly by 1 point to 42,865 points; the S&P 500 fell by 16 points or 0.27% to 6,022 points; and the Nasdaq fell by 99 points or 0.5% to 19,615 points.

The U.S. dollar index once fell 0.58% to 98.53, the euro rose 0.66% to $1.1501; the Japanese yen rose 0.39% to 144.33 per dollar. Bitcoin rose 0.39% to $110,405.

[inkovsky]

Although Trump said that the China-US talks were going smoothly, the market waited and watched the progress of the talks. Investors were wary and Hong Kong stocks were mixed. The Tech Index performed relatively well and closed down 0.8% for the day.

The Hang Seng Index opened 49 points higher at 24,231 points and then mixed. It rose 115 points to 24,296 points. However, the selling pressure increased in the afternoon and it fell 178 points to 24,003 points. It closed 18 points or 0.07% lower for the day at 24,162 points. The Tech Index fell 41 points or 0.75% to 5,392 points. The main board traded HK$250.3 billion.

The China-US trade negotiations continued. The market expected a positive outcome of the talks, which was good for the investment atmosphere. The Hang Seng Index is now consolidating above 24,000 and is expected to continue to rise in the future. Unless there are major changes in the Sino-US trade negotiations, the Hong Kong stock market should continue to rise. The Hang Seng Index is expected to challenge 24,500 to 24,800 points in the short term, and the support below is 23,500 points. In the optimistic scenario, the Hang Seng Index may climb to 26,200 points before the fourth quarter.

European stock markets developed individually, with German stocks falling 0.77%, French stocks rising 0.17%, and the UK FTSE 100 index rising 0.24%, with the largest increase of 0.61% in the intraday market to 8,886 points, breaking the closing high in March and heading straight to the record high of 8,908 points in the intraday market in March. However, the index has only risen 8.5% this year, still underperforming other major European indices, among which German stocks have benefited from the European Central Bank's interest rate cuts and the government's enhanced fiscal stimulus measures, and have temporarily risen 21% this year.

US stocks fluctuated and stabilized on Tuesday (10th). The Dow Jones Industrial Average once rose 164 points to 42,925 points, and closed at 42,866 points, still up 105 points or 0.25%; the S&P 500 rose 0.55% to 6,038 points, the third consecutive trading day of increase; the Nasdaq rose 0.63% to 19,714 points. The three major U.S. stock indexes all hit their highest closing prices in at least three months.

The U.S. dollar index rose 0.45% to 99.39; the euro rose 0.25% to $1.1451, and the yen fell 0.5% to 145.29 per dollar. Bitcoin rose 1.66% to $110,571.

[inkovsky]

China and the United States will start trade negotiations in London, which is good for the market sentiment. The Hang Seng Index opened 185 points higher at 23,977 points and continued to rise, eventually closing at the all-day high of 24,181 points, up 388 points or 1.63%; the Technology Index rose 146 points or 2.77% to 5,433 points. The main board turnover was HK$245.8 billion.

The dialogue between the Chinese and US heads of state has investors looking forward to the improvement of global trade relations and believes that the news in June will be positive. Unless there are major changes in the Sino-US trade negotiations, Hong Kong stocks should continue to rise strongly. The Hang Seng Index is expected to challenge 24,500 to 24,800 points in the short term, and the support below is at 23,500 points. In the optimistic scenario, the Hang Seng Index may reach 26,200 points before the fourth quarter, which is about 10% higher than the current potential upside, equivalent to the top of the rising channel extended in January last year, and also the golden ratio of 61.8% from the historical high of 33,484 points in January 2018 to the bottom rebound in October 2022.

European stock markets were weak, with British, French and German stocks falling by 0.06%, 0.17% and 0.54% respectively.

The three major U.S. stock indexes developed separately on Monday. After opening 23 points higher, the Dow Jones Industrial Average turned around and fell by as much as 195 points, hitting a low of 42,567 points. It turned up 130 points in the late stage, hitting a high of 42,893 points; the S&P 500 rose by 0.35% at one point, and the Nasdaq, which is dominated by technology stocks, rose by as much as 0.55%. Many major Wall Street banks sang the outlook for the U.S. stock market, among which Citigroup expected the S&P 500 to rise by another 5% before the end of the year.

At the close of the U.S. stock market, the Dow Jones Industrial Average fell slightly by 1 point to 42,761 points; the S&P 500 rose by 5 points (0.09%) to 6,005 points; and the Nasdaq rose by 61 points or 0.31% to 19,591 points.

The U.S. dollar index fell by 0.38% to 98.817, the euro rose by 0.39% to $1.1441, and the yen rose by 0.6% to 143.98 per dollar. Bitcoin rose by 3.2% to $108,784.

[inkovsky]

Last Friday, the Hang Seng Index opened 34 points higher at 23,941 points, then fluctuated and weakened, falling 133 points to 23,773 points at one point, and fell 114 points or 0.47% to 23,792 points for the whole day; the Technology Index fell 33 points or 0.62% to 5,286 points. The main board turnover was HK$235.6 billion.

The Hang Seng Index has recently fluctuated between 23,000 and 23,800 points. The return of northbound funds (southbound funds) provided some support to the market, but the relatively weak performance of technology stocks limited the upside of the index. China and the United States still maintain good relations and tend to resolve trade conflicts, but since the market had certain expectations earlier, the stimulus to the stock market was limited. In addition, the performance of blue-chip technology stocks was not too surprising, which made the market rise to 24,000 with certain resistance. It is expected that the Hang Seng Index will be in the range of 23,100 to 24,000 points this week. However, as can be seen from the Hang Seng Index monthly chart, the middle axis of its Bollinger Band continues to move upward, and I believe the market outlook is still favorable.

If the Hang Seng Index rebounded from the low of 19,260 points on April 9 and has accumulated 24.13% to date, it has theoretically entered a "technical bull market". If the trend of Hong Kong stocks in recent years is followed, there seems to be room for further upward movement. In fact, the Hang Seng Index has rebounded since January last year and has maintained a trend of one wave higher than the other. It is worth noting that, excluding this time, Hong Kong stocks have experienced three larger rising waves in the past year and a half, namely from January to May 2024, from August to October 2024, and from January to March this year, which takes an average of about 3 months, and each time recorded an average increase of about 33%. Based on this calculation, it is expected that the Hang Seng Index may reach 26,200 points before the fourth quarter, which is about 10% higher than the current potential upside, equivalent to the top of the rising channel extended in January last year, and also the golden ratio of 61.8% from the historical high of 33,484 points in January 2018 to the bottom rebound in October 2022.

The latest US employment data was better than expected, alleviating concerns about economic slowdown. US stocks rebounded significantly on Friday. After the Dow opened 312 points higher, the increase expanded to 604 points, reaching a high of 42,924 points. The S&P 500 rose by as much as 1.31%, and the Nasdaq rose by 1.53%. The three major indexes slowed down their gains at the close, but still recorded an increase of more than 1%.

At the close of the US stock market, the Dow rose 443 points, or 1.05%, to 42,762 points; the S&P 500 rose by 61 points, or 1.03%, to 6,000 points; and the Nasdaq soared by 231 points, or 1.2%, to 19,529 points. Last week, the Dow rose 1.2%, the S&P 500 rose 1.5%, and the Nasdaq rebounded 2.2%.

The US dollar index rose by as much as 0.62% to 99.357, and the Japanese yen fell by 1.09%, hitting a low of 145.09 per dollar. Bitcoin rose 4.7% to $105,322.

[inkovsky]

The Hang Seng Index opened 174 points higher at 23,828 points and then maintained its upward trend. It rose 257 points to 23,911 points. It rose 252 points or 1.06% to 23,906 points for the whole day, rising for three consecutive days; the Technology Index rose 100 points or 1.93% to 5,319 points. The main board turnover was HK$222 billion .

Hong Kong stocks have rebounded for several days, but it is difficult to break through 24,000 points in the short term. Traditionally, the market conditions in June are relatively quiet. Companies have announced their results one after another, and there may not be new policies before the half-year end. Hong Kong stocks lack good news in the short term, but the market conditions this year are still optimistic. Investors can take advantage of the sell-off to increase their positions. Some investors believe that the risk of economic downturn is controllable; and said that if calculated at a target price-earnings ratio of 11 times, the Hang Seng Index's target this year is 24,500 points.

US President Trump's phone call with Xi Jinping once drove the Dow Jones Industrial Average up 173 points. Later, the news of Trump's breakup with Musk dragged down Tesla's stock price, and the Dow Jones Industrial Average fell 216 points in the final stage.

At the close of the US stock market, the Dow Jones Industrial Average fell 108 points to 42,319 points; the S&P 500 fell 0.53% to 5,939 points; and the Nasdaq fell 0.83% to 19,298 points.

The European Central Bank cut interest rates by 0.25%, and the central bank president Lagarde said that the monetary policy cycle is nearing its end, driving the euro up. The US dollar index fell 0.44% to a low of 98.351; the pound rose 0.46% to a new high of $1.3616 this year. Under the expectation of the end of the ECB's interest rate cut cycle, the euro rose 0.68% to $1.1495.

[inkovsky]

The Hang Seng Index opened 12 points lower at 23,499 points and then fluctuated upwards, rising 204 points to 23,716 points at one point, and rose 141 points or 0.6% to 23,654 points for the whole day; the Technology Index rose 29 points or 0.56% to 5,219 points. The main board turnover was HK$212.6 billion.

The Chinese and US heads of state may hold a dialogue this week, and the trade relations between the two countries are expected to cool down. In addition, the mainland's manufacturing purchasing managers' index (PMI) last month was still at a contraction level. The market is looking forward to the introduction of national policies to support the economy, which is also good for the market atmosphere. Entering June, the Hong Kong stock market once fell below 23,000 and then quickly recovered the lost ground. As long as the top of the gap in early April, that is, the 50-DMA(22,690), is maintained, the market outlook should not be pessimistic.

European stock markets are upward, with the UK, France and Germany stock markets closing up 0.16%, 0.53% and 0.77% respectively.

The latest economic data from the United States was disappointing, with private job growth in May hitting a two-year low. However, led by technology stocks, U.S. stocks developed individually on Wednesday. After opening 54 points higher, the Dow Jones Industrial Average rose by as much as 125 points to 42,645 points, and then fell back by less than 100 points; the S&P 500 rose by 0.34% at one point, and the Nasdaq, which is dominated by technology stocks, rose by as much as 0.49%.

At the close of the U.S. stock market, the Dow Jones Industrial Average fell 91 points to 42,427 points, the lowest point of the day, ending the past four trading days of continuous gains; the S&P 500 rose by 0.01% to 5,970 points; the Nasdaq rose by 61 points or 0.32% to 19,460 points.

The U.S. dollar index fell by as much as 0.56% to 98.67, and the yen rose by 0.97% to 142.61 against the U.S. dollar. Bitcoin fell by as much as 1.4% to $104,232.

[inkovsky]

The Hang Seng Index opened 123 points higher at 23,281 points, and then rose 377 points to 23,535 points. It rose 354 points or 1.53% to 23,512 points throughout the day; the Technology Index rose 55 points or 1.07% to 5,189 points. The main board turnover was HK$203.6 billion .

The Chinese and US heads of state may hold a dialogue this week. The market is looking forward to helping ease the trade differences between the two countries. In addition, the return of Northbound funds after the holiday, Hong Kong stocks rebounded on Tuesday (3rd). However, there are still variables in the Sino-US trade negotiations, which is believed to limit investors' confidence in entering the market and have limited stimulating effects on Hong Kong stocks. It is expected that the Hang Seng Index will face great resistance to rise to the 24,000 mark in the short term.

European stock markets performed well, with British, French and German stocks rising by 0.15%, 0.34% and 0.67% respectively.

The OECD lowered its forecast for economic growth in the United States and the world this year and next, but the U.S. job market was strong. U.S. stocks fluctuated and stabilized on Tuesday. After a slight lower opening, the Dow Jones Industrial Average fell by as much as 119 points to a low of 42,186 points, and then rose by 262 points to a high of 42,568 points; the S&P 500 rose by as much as 0.77%, and the Nasdaq rose by 1.13%.

At the close of the U.S. stock market, the Dow Jones Industrial Average rose by 214 points, or 0.51%, to 42,519 points, marking the fourth consecutive trading day of gains; the S&P 500 rose by 34 points, or 0.58%, to 5,970 points; and the Nasdaq rose by 156 points, or 0.81%, to 19,398 points. The Nasdaq erased the decline since 2025 and turned positive.

The US dollar index once rebounded 0.63% to 99.328, and the yen fell as much as 0.98% to 144.11 per dollar; Eurozone inflation fell below the ECB's target, and the euro fell as much as 0.67% to $1.1364. Bitcoin once rose 2.1% to $106,789.

On June 4, 1989, the protests in Tiananmen Square in Beijing, China were suppressed by the military, resulting in a large number of casualties. The movement began in April, mainly students and citizens demanding political reform, democracy and anti-corruption, gathered in Tiananmen Square. From June 3 to 4, the government used troops and tanks to clear the square, resulting in hundreds to thousands of deaths (the exact number is still controversial). This incident is called the "Tiananmen Square Protest" or the "June 4th Incident", which is still a sensitive topic in China and related discussions are strictly censored.The Hang Seng Index opened 123 points higher at 23,281 points, and then rose 377 points to 23,535 points. It rose 354 points or 1.53% to 23,512 points throughout the day; the Technology Index rose 55 points or 1.07% to 5,189 points. The main board turnover was HK$203.6 billion .

The Chinese and US heads of state may hold a dialogue this week. The market is looking forward to helping ease the trade differences between the two countries. In addition, the return of Northbound funds after the holiday, Hong Kong stocks rebounded on Tuesday (3rd). However, there are still variables in the Sino-US trade negotiations, which is believed to limit investors' confidence in entering the market and have limited stimulating effects on Hong Kong stocks. It is expected that the Hang Seng Index will face great resistance to rise to the 24,000 mark in the short term.

European stock markets performed well, with British, French and German stocks rising by 0.15%, 0.34% and 0.67% respectively.

The OECD lowered its forecast for economic growth in the United States and the world this year and next, but the U.S. job market was strong. U.S. stocks fluctuated and stabilized on Tuesday. After a slight lower opening, the Dow Jones Industrial Average fell by as much as 119 points to a low of 42,186 points, and then rose by 262 points to a high of 42,568 points; the S&P 500 rose by as much as 0.77%, and the Nasdaq rose by 1.13%.

At the close of the U.S. stock market, the Dow Jones Industrial Average rose by 214 points, or 0.51%, to 42,519 points, marking the fourth consecutive trading day of gains; the S&P 500 rose by 34 points, or 0.58%, to 5,970 points; and the Nasdaq rose by 156 points, or 0.81%, to 19,398 points. The Nasdaq erased the decline since 2025 and turned positive.

The US dollar index once rebounded 0.63% to 99.328, and the yen fell as much as 0.98% to 144.11 per dollar; Eurozone inflation fell below the ECB's target, and the euro fell as much as 0.67% to $1.1364. Bitcoin once rose 2.1% to $106,789.

On June 4, 1989, the protests in Tiananmen Square in Beijing, China were suppressed by the military, resulting in a large number of casualties. The movement began in April, mainly students and citizens demanding political reform, democracy and anti-corruption, gathered in Tiananmen Square. From June 3 to 4, the government used troops and tanks to clear the square, resulting in hundreds to thousands of deaths (the exact number is still controversial). This incident is called the "Tiananmen Square Protest" or the "June 4th Incident", which is still a sensitive topic in China and related discussions are strictly censored.

[inkovsky]

Hong Kong stocks adjusted at the beginning of June, but the 23,000 mark was regained. The Hang Seng Index opened 246 points lower at 23,043 points and continued to fall, falling 621 points at one point to 22,668 points. The decline gradually narrowed in the afternoon, and the whole day fell 131 points or 0.56% to 23,157 points, falling for two consecutive days; the technology index fell 36 points or 0.7% to 5,134 points. The main board turnover was HK$145.2 billion.

The market is worried that the Sino-US trade negotiations have reached a deadlock, and the mainland stock market is closed for holidays. With the suspension of northbound capital and the lack of positive news, Hong Kong stocks are under obvious adjustment pressure in the short term. It is believed that the market will not see the real situation until the northbound capital returns today (Tuesday). Pay attention to whether the Hang Seng Index can find support at the 50-DMA (22,737). If it fails, it may further test the 100-DMA (22,145). The upper resistance is at the 10-DMA (23,460).

European stock markets developed individually, with British stocks slightly higher by 0.02%, while French stocks and German stocks fell by 0.19% and 0.28% respectively.

After the S&P 500 Index achieved its largest monthly increase in 35 years in May, the US stock market fell and then rebounded in June in the face of the renewed tension in Sino-US trade relations and poor US manufacturing data. The Dow Jones Industrial Average opened 70 points lower on Monday, and the decline widened to 416 points, reaching a low of 41,853 points; the S&P 500 Index fell 0.85%, and the Nasdaq, which is dominated by technology stocks, fell as much as 0.67%. However, the three major US stock indexes eventually rose.

At the close of the US stock market, the Dow Jones Industrial Average rose 35 points or 0.08% to 42,305 points; the S&P 500 Index rose 24 points or 0.41% to 5,935 points; and the Nasdaq rose 128 points or 0.67% to 16,242 points.

The US dollar index fell as much as 0.72% to a low of 98.61, the Japanese yen rose 1.03% to a high of 142.54 per dollar, and the euro rose 0.91% to a five-week high of $1.145. Bitcoin fell 1.2% to $103,712.

[inkovsky]

On the last trading day of May, the Hang Seng Index opened 233 points lower at 23,339 points and continued to fall, falling 410 points to 23,163 points, and fell 283 points or 1.2% to 23,289 points throughout the day; the Technology Index fell 131 points or 2.48% to 5,170 points. The main board traded HK$271.5 billion.

As the tariff war launched by US President Trump continues to affect the global financial market, the recent US debt problem has once again aroused concerns. In addition, the recent northbound capital inflow has slowed down significantly, and large blue chips have announced their results one after another, but the driving effect on the market is limited. Hong Kong stocks lack upward momentum in the short term. China may launch more "employment protection and economic protection" policies before the end of this month to cope with the downward pressure on the economy. In terms of technical trends, although the middle axis of the Bollinger Band is still moving upward on the Hang Seng Index monthly chart, the overall upward direction has not changed, but due to the lack of news and capital in the short term, the Hang Seng Index will fluctuate between 22,000 and 24,000 points in June. Some investors believe that the index fluctuation this year is only 6,000 points. If there is no "black swan" event in the global financial market, the Hang Seng Index should have a new high this year. Because the Hang Seng Index's low point this year is 18,000 points, superimposed on 7,000 to 8,000 points, it can be predicted that the market's high point this year should be between 25,000 points, but it will not go smoothly upward.

European stock markets are stable, with British and German stocks rising 0.64% and 0.27% respectively, and French stocks falling 0.36%.

The latest consumer sentiment and inflation expectations in the United States are not as bad as expected, but President Trump accused China of completely violating the agreement with the United States, casting a shadow on the prospects of trade negotiations, dragging down the Dow Jones Industrial Average on Friday (30th). After opening 23 points lower, it fell 309 points repeatedly, hitting a low of 41,906 points, and finally turned up from a low, and then turned around and rose by as much as 160 points, reaching a high of 42,376 points, while the S&P 500 and Nasdaq recovered most of their losses.

At the close of the U.S. stock market, the Dow Jones Industrial Average was at 42,270 points, rebounding 54 points or 0.13%; the S&P 500 fell 1.16% during the session and closed down 0.01% at 5,911 points; the Nasdaq fell as much as 1.71% and closed at 19,113 points, giving up 62 points or 0.32%.

In May, the Dow Jones Industrial Average rose 3.9%, the S&P 500 gained 6.2%, and the Nasdaq rose 9.6%.

The U.S. dollar index rose 0.39% to 99.67, the euro fell 0.5% to $1.1313, and the yen rose 0.53% to 143.44 per dollar. Bitcoin fell 2.42% to $103,900 on Friday.

[inkovsky]

On the settlement day of the futures index, the Hang Seng Index opened 17 points lower at 23,240 points, then fell 50 points to 23,207 points, and then turned up, rising 345 points to 23,603 points at one point, and rose 315 points or 1.35% to 23,573 points for the whole day; the technology index rose 127 points or 2.46% to 5,301 points. The main board turnover was HK$226.8 billion.

The US federal court ruled that President Trump exceeded his authority and suspended the implementation of last month's tariff measures. The market is looking forward to the global tariff war being resolved. The Dow futures rose significantly in the Asian session, and the Hong Kong stock market also turned up after opening low. However, the global trade war is still uncertain, and corporate earnings are also coming to an end. The performance is generally mixed, which has limited help to the market. Hong Kong stocks lack breakthrough momentum. The Hang Seng Index is expected to continue to consolidate around 23,000 points, with upper resistance at 23,800 points. In the future, it is advisable to pay attention to the development of the tariff war and whether the central bank's monetary policy will be adjusted.

European stock markets were under pressure in the late trading, with British, French and German stocks falling 0.11%, 0.11% and 0.44% respectively.

U.S. stocks rebounded on Thursday. After the Dow opened 91 points higher, the increase once expanded to 167 points, reaching a high of 42,266 points. It then fell 270 points and fell to a low of 41,828 points, but eventually stabilized; the S&P 500 rose 0.93%, and the Nasdaq, which is dominated by technology stocks, rose as much as 1.51%.

At the close of the U.S. stock market, the Dow Jones Industrial Average rose 117 points or 0.28% to 42,215 points, the S&P 500 rose 23 points or 0.4% to 5,912 points; the Nasdaq's increase narrowed to 74 points or 0.39% to 19,175 points.

The US dollar index rose and then fell, falling as much as 0.66% to 99.22, the euro rose 0.81% to $1.1386, and the yen rose 0.97% to 146.28 per dollar. Bitcoin once fell 2.9% to $105,759.

[inkovsky]

The Hang Seng Index opened 3 points higher at 23,385 points, then rose 94 points to 23,476 points, and then fluctuated and weakened, falling 201 points to 23,180 points, and fell 123 points or 0.52% to 23,258 points for the whole day; the Technology Index fell 7 points or 0.15% to 5,174 points. The main board turnover was HK$180.8 billion.

The global trade war has temporarily cooled down, which is beneficial to the stock market. In addition, the Hong Kong Interbank Offered Rate (HIBOR) continues to be low, and corporate interest costs may decline, which is also helpful to the business environment. The mainland has also taken many measures to boost the economy, which also brings some room for market expectations. The Hong Kong stock market is currently hovering around 23,500 points. It is believed that the short-term pattern of large rises and small falls will be maintained. As long as the 20-DMA (23,132) is maintained, the market outlook should not be too pessimistic.

European stock markets were weak, with British, French and German stocks falling 0.59%, 0.49% and 0.78% respectively.

The market waited and watched Nvidia's performance and future outlook, and with the rebound in US bond yields, US stocks rose first and then fell on Wednesday (28th), with the Dow Jones Industrial Average rising more than 100 points before turning down. After opening 17 points higher, the Dow Jones Industrial Average once expanded its gains to 105 points, reaching a high of 42,448 points, and fell as much as 301 points in the late stage, reaching a low of 42,042 points. The S&P 500 and the Nasdaq, which is dominated by technology stocks, also closed close to the low of the day.

At the close of the US stock market, the Dow Jones Industrial Average was at 42,098 points, down 244 points or 0.58%; the S&P 500 fell 32 points or 0.56% to 5,888 points; and the Nasdaq fell 98 points or 0.51% to 19,100 points.

After the U.S. stock market closed, Nvidia announced quarterly results that beat expectations, with data center revenue up 73% year-on-year. After the announcement, Nvidia's stock price once rose by more than 3% in the extended period after the market, and fell 0.5% at the close of the day.

The U.S. dollar index was 99.65, the euro was 1.1325 against the U.S. dollar, the pound was 1.3504 against the U.S. dollar, and the U.S. dollar was 144.55 against the yen.

[inkovsky]

The Hang Seng Index opened 65 points lower at 23,216 points and then experienced a struggle between bulls and bears. It fell 114 points to 23,167 points. It rose 137 points to 23,419 points in the afternoon. It rose 99 points or 0.42% for the whole day to 23,381 points. The Technology Index rose 24 points or 0.48% to 5,182 points. The Main Board's turnover was HK$203.2 billion.

The Hang Seng Index still has a chance to challenge 24,000 points, but it will be difficult to break through the mid-March high of 24,874 points. The important support of the 50-DMA (22,775) should not be lost. The current risk-reward ratio for entry into the market is not high. It is advisable to wait until the tariff issue becomes clear before the market direction can be seen.

European stock markets developed individually, with UK and German stocks rising 0.69% and 0.83% respectively, and French stocks falling 0.02%.

The European Union said it has agreed to accelerate negotiations with the United States to avoid a transatlantic trade war. Coupled with the decline in global bond yields and strong consumer confidence data, U.S. stocks rose significantly after the holiday on Tuesday. The Dow Jones Industrial Average opened 245 points higher and the increase once expanded to 747 points, reaching a high of 42,350 points. All three major indexes closed close to their all-day highs, with the S&P 500 and Nasdaq both rising by more than 2%.

At the close of U.S. stocks, the Dow Jones Industrial Average rose 740 points, or 1.78%, to 42,343 points; the S&P 500 rose 118 points, or 2.05%, to 5,921 points; and the Nasdaq rose 461 points, or 2.47%, to 19,199 points.

The U.S. dollar index rebounded 0.51% to 99.62, the euro fell 0.57% to $1.1324, and the yen fell 1.13% to 144.46 per dollar. Bitcoin once rose 1.06% to a high of $110,776.

[inkovsky]

The Hang Seng Index opened 95 points lower at 23,505 points and continued its downward trend. The decline once widened to 366 points, hitting a low of 23,234 points. It fell 318 points or 1.35% for the day to 23,282 points. The Technology Index fell 89 points or 1.7% to 5,157 points. The main board traded HK$223.5 billion .

Hong Kong stocks are bound to encounter resistance at high levels. In addition, the mainland is studying to regulate the charging practices of online trading platforms, which is believed to drag down the performance of technology platform stocks and increase the pressure on the market to adjust. The Hang Seng Index has lost its 10-DMA (23,482), and the support level has moved down to the 20-DMA (22.997). The upper resistance is at 24,000 points. In the short term, it is expected to maintain the pattern of speculating in stocks rather than speculating in the market.

Monday (26th) is Memorial Day in the United States, and U.S. stocks are closed due to a public holiday.

[inkovsky]

The Hang Seng Index opened 13 points higher at 23,557 points, and then struggled between bulls and bears. It rose 205 points to 23,749 points at one point, and then fell 56 points to 23,487 points. It closed up 56 points or 0.24% at 23,601 points for the day. The Technology Index fell 4 points or 0.09% to 5,246 points. The Main Board's turnover was HK$203.6 billion.

For the whole week, the Hang Seng Index rose 256 points or 1.09%.

The U.S. stock market has faced unfavorable factors recently, including the downgrade of the U.S. sovereign debt rating, high debt interest rates, and less room for interest rate cuts. However, the adjustment pressure is not great, and the U.S. stock market is expected to consolidate at a high level for the time being. There has been no significant inflow of northbound funds, and corporate performance has been disappointing. The Hang Seng Index has been mainly supported by heavyweight stocks such as HSBC recently. However, related stocks have risen to recent highs. It is expected that the market will be mainly up and down in the future. There is support at the 23,000 mark, but it will not be easy to break through the mid-March high of 24,874 points. Funds are expected to remain in individual stocks for speculation, not for the market.

European stocks fell across the board, with UK, French and German stocks falling 0.24%, 1.65% and 1.54% respectively.

U.S. President Trump launched a new trade war offensive, proposing a 50% tariff on the European Union starting June 1, and threatening Apple that it will face at least 25% tariffs if it does not move iPhone production to the United States. The news dragged down U.S. stocks on Friday (23rd). The Dow Jones Industrial Average opened 333 points lower and then widened its decline to 505 points, hitting a low of 41,354. The S&P 500 fell 1.28%, and the Nasdaq, which is dominated by technology stocks, fell as much as 1.72%.

At the close of U.S. stocks, the Dow Jones Industrial Average was at 41,603, down 256 points, or 0.61%; the S&P 500 fell 39 points, or 0.67%, to 5,802; and the Nasdaq fell 188 points, or 1%, to 18,737.

Monday (26th) is Memorial Day in the United States, and U.S. stocks are closed due to a public holiday.

The U.S. dollar index fell 0.91% to 99.05, while the euro rose 0.85% to $1.1376. Money markets showed that the European Central Bank will cut interest rates by another 0.65 percentage points this year, which means three rate cuts; the yen rose 1.1% to 142.43 per dollar. Bitcoin once slid 3.36% to $107,356.

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The Hang Seng Index opened 79 points lower at 23,748 points and continued its downward trend. It fell 356 points to 23,470 points in the afternoon. It fell 283 points or 1.19% for the day to 23,544 points. The Technology Index fell 90 points or 1.69% to 5,251 points. The Main Board's turnover was HK$198.2 billion.

The US stock market adjusted significantly overnight, mainly because the market was worried that US President Trump's tax cut policy would aggravate the fiscal deficit. However, the recent correlation between Hong Kong stocks and US stock trends is low, and the impact is not expected to be significant. The Hong Kong stock market has continued to be strong recently, mainly due to the interest rate cuts in the Mainland stimulating Chinese stocks and driven by corporate performance. The current low interbank interest rate reflects ample funds, and coupled with the expectation of policy support from the Mainland, the market remains relatively optimistic. The Hang Seng Index may face resistance at the 24,000 mark, but has strong support at the 23,000 mark, and is expected to fluctuate and improve in the future.

European stock markets fell across the board, with UK, French and German stocks falling 0.54%, 0.58% and 0.51% respectively.

Although the U.S. 30-year long bond yield continued to be high, rising by 5.78 basis points to 5.1501% at one point, heavyweight technology stocks performed well. U.S. stocks developed individually on Thursday. The Dow Jones Industrial Average opened 96 points lower and then widened its decline to as much as 146 points, hitting a low of 41,714 points. It rose as much as 229 points in the late stage, hitting a high of 42,090 points, but the gains eventually evaporated; the S&P 500 once rebounded by 0.57%, and the Nasdaq rebounded by 1%.

At the close of U.S. stocks, the Dow Jones Industrial Average was at 41,859 points, down 1 point; the S&P 500 fell 2 points, or 0.04%, to 5,842 points; and the Nasdaq rose 53 points, or 0.28%, to 18,925 points.

The U.S. dollar index rebounded as much as 0.56% to 100.12, the euro gave up 0.65% to $1.1257, and the yen fell 0.5% to 144.4 per dollar. Bitcoin set a new record for two consecutive days, rising 3.6% to $111,940

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The Hang Seng Index opened 54 points higher at 23,736 points, and then rose 235 points to 23,917 points. It rose 146 points or 0.61% for the day to 23,827 points; the Technology Index rose 26 points or 0.5% to 5,342 points. The Main Board's turnover was HK$216.2 billion.

The Hong Kong stock market has been hot recently, and coupled with a series of measures taken by the mainland earlier, such as interest rate cuts and reserve requirement ratio cuts, these two factors have boosted investors' willingness to enter the market and capital liquidity, driving the Hong Kong stock market to maintain a repeated upward trend recently. The central government also mentioned earlier that more measures to "save the economy and protect employment" will be introduced before June, which is expected to further drive the Hang Seng Index to fluctuate upward and may challenge the upper line of the Bollinger Band at 24,100 points, but there is considerable resistance at the mid-March high of 24,874 points.

European stock markets developed individually, with UK and German stocks rising 0.06% and 0.36% respectively, while French stocks fell 0.4%.

The results of the U.S. 20-year Treasury bond auction showed weak market demand, higher U.S. bond yields, and mixed performance of retailers, resulting in a triple kill of stocks, bonds and currencies in the United States on Wednesday; the Dow Jones Industrial Average opened sharply lower by 322 points, and the decline widened to 892 points in the late stage, hitting a low of 41,785 points; the S&P 500 fell 1.84%, and the Nasdaq, which is dominated by technology stocks, fell as much as 1.79%.

At the close of U.S. stocks, the Dow Jones Industrial Average was at 41,860, down 816 points, or 1.91%; the S&P 500 fell 95 points, or 1.61%, to 5,844; and the Nasdaq Composite fell 270 points, or 1.41%, to 18,872.

Before the G7 meeting, the market speculated that the United States might seek cooperation with other countries to push down the dollar exchange rate. The U.S. dollar index once slipped 0.78% to 99.34, the euro rose 0.71% to $1.1364, and the yen also rose 0.84% ​​to 143.29 per dollar; UK inflation rose to a 15-month high in April, and the pound rose 0.57% to a three-year high of $1.3469. Bitcoin climbed as much as 2.6% to $109,721, a record high.

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The Hang Seng Index opened 65 points higher at 23,398 points, and the increase once expanded to 376 points, reaching a high of 23,709 points. It rose 348 points or 1.49% to 23,681 points for the day; the Technology Index rose 60 points or 1.15% to 5,315 points. The Main Board's turnover was HK$205.7 billion.

Hong Kong stocks rebounded significantly from earlier lows after China and the United States reached a preliminary agreement on tariffs. However, the upward trend has weakened significantly in recent days, reflecting that the market is still wary of the tariff issue and needs to wait and see subsequent developments. Even if there is further good news, the Hang Seng Index is expected to test 24,000 points again. However, investors may take advantage of the rebound to sell stocks for profit. To break through the mid-March high of 24,874 points, the resistance will be quite significant and there is not much room for current value speculation.

European stock markets performed well across the board, with UK, French and German stocks rising 0.94%, 0.75% and 0.42% respectively.

The market was watching the progress of trade negotiations between the United States and other countries. In addition, several Federal Reserve officials expressed concerns that tariff policies would have an adverse impact on the economy and inflation. U.S. stocks came under pressure on Tuesday. The Dow opened 56 points lower and then widened its decline to as much as 306 points, hitting a low of 42,485. The S&P 500 once gave up 0.91%, and the Nasdaq, which is dominated by technology stocks, fell as much as 1.04%.

At the close of U.S. stock markets, the Dow Jones Industrial Average fell 114 points, or 0.27%, to 42,677 points; the S&P 500 fell 23 points, or 0.39%, to 5,940 points, ending its six-day winning streak; and the Nasdaq fell 72 points, or 0.38%, to 19,142 points.

The U.S. dollar index fell 0.39% to 100.03, the euro was at $1.1287, up 0.38%, and the yen rose 0.53% to 144.09 per dollar. Bitcoin fell as much as 1.21% to $104,214, before rising more than 1%.