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Hong Kong stocks opened for trading on Christmas Eve and exceeded the 20,000 mark for Christmas. The Hang Seng Index opened 28 points higher at 19,911 points and then gradually expanded its gains. It once rose 282 points to 20,165 points and closed up 215 points, or 1.08%, at 20,098 points. The Technology Index rose 49 points, or 1.11%, to 4,507 points. Half-day main board turnover was HK$84.5 billion.

Before the end of the year, the market's trading volume has become quiet. After the Hang Seng Index breaks through the 20,000 mark, the real challenge lies in whether it can further rise above 21,000. Recently, mainland bank stocks have performed well. However, in order to stimulate the economy, the mainland has adopted a moderately loose monetary policy. As mainland banks shoulder a heavy responsibility, it may drag down profit growth. Asset quality also deserves attention. It is difficult for the sector to gain momentum again.

In European stock markets on Tuesday, Britain's FTSE 100 index reported 8136 points, up 34 points or 0.42%; France's CAC 40 index reported 7282 points, up 10 points or 0.14%. Yesterday, major European stock markets including the British, French and German stock markets continued to be closed.

Due to the Christmas holiday, U.S. stocks will only be open for half a day on Tuesday and will be closed for the whole day on Wednesday. The market sentiment is optimistic, looking forward to the "Santa Claus trend", which is a rise in the last five trading days of the year and the first two trading days of the new year. On Tuesday, the Dow Jones Industrial Average rose 390 points to close at 43,297 points, the S&P 500 rose 65 points or 1.1% to close at 6,040 points, and the Nasdaq crossed the 20,000 mark, rising 266 points or 1.3% to close at 20,031 points.

The number of people continuing to apply for unemployment benefits in the United States rose to a more than 3-year high, and the U.S. stock market resumed performance after the holiday. After the Dow opened 95 points lower, the decline once expanded to 181 points, reaching a low of 43,115 points; the S&P 500 index fell 0.35% at one point. The Nasdaq, which is dominated by technology stocks, fell as much as 0.71%. The three major indexes closed individually with little change.

U.S. stocks closed Thursday, with the Dow Jones Industrial Average rising 28 points, or 0.07%, to 43,325 points; the S&P Index retreating 2 points, or 0.04%, to 6,037 points; and the Nasdaq Composite falling 10 points, or 0.05%, to 20,020 points.

The U.S. dollar index fell 0.21% repeatedly to 108.03; the yen fell for four consecutive days, once falling another 0.57% to a low of 158.1 per dollar.

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The Hang Seng Index opened 122 points higher at 19,843 points and then maintained its upward trend. It rose as much as 216 points to 19,937 points. It rose 162 points or 0.82% for the whole day to 19,883 points. The Technology Index rose 13 points or 0.3% to 4,457 points. Main board transaction volume was HK$127.3 billion.

On the eve of the long Christmas holiday, Hong Kong stocks still have half-day trading this week. The market trading is expected to be quiet, and the Hang Seng Index will remain at the 19,500 to 20,000 point level in the short term. After US President-elect Trump takes office next month, global markets may become more volatile. However, if Sino-US trade relations are not as strong as expected and more favorable policies are introduced on the mainland, Hong Kong stocks may have a chance to break the 20,000 mark and even challenge 21,000. Point level.

European stock markets lacked direction, with British stocks rising 0.22%, French and German stocks falling 0.03% and 0.18% respectively.

The U.S. consumer confidence index reported 104.7 in December, a sharp drop from November's 111.7, and far lower than the expected 113.2. It fell for the first time in three months; U.S. stocks rebounded repeatedly on Monday. After the Dow opened 39 points lower, the decline once expanded to a maximum of 323 points and reached a low of 42,516 points; the S&P 500 once fell by 0.48%, and the Nasdaq, which is dominated by technology stocks, fell by up to 0.35%. However, the three major indexes ended up close to the day's high. Close. Market trading was thin as the Christmas holiday approached.

At the close of the U.S. market, the Dow Jones Industrial Average closed at 42,906 points, up 66 points or 0.16%; the S&P Index rose 43 points or 0.73% to 5,974 points; the Nasdaq Composite rose 192 points or 0.98% to 19,764 points.

The U.S. dollar index rose 0.57% to 108.325, the euro fell 0.42% to $1.0386, and the yen fell 0.61% to 157.26 per dollar.

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The Hang Seng Index opened 55 points lower at 19,697 points and then struggled. It once rose 123 points to 19,875 points, and ended the day down 31 points, or 0.16%, at 19,720 points. The Technology Index rose 4 points, or 0.1%, to 4,444 points. Main board transaction volume was HK$178.4 billion.

The Hong Kong stock market rose at the beginning of this month and seemed to be on the verge of breaking through. However, there was considerable pressure to retreat and the trading volume decreased. The volatility of the Hang Seng Index's plus channel narrowed and turned into a sideways market, rising and falling between 19,100 and 20,400. The central axis of the channel and the 100-DMA ( 19,183) has support; the upward 50-DMA (20,073) has resistance. The latest U.S. economic data is improving, and market expectations for the Federal Reserve to cut interest rates next year have cooled. However, the Bank of Japan kept interest rates unchanged, the yen weakened, and the U.S. dollar exchange rate rose, which has certain support for U.S. stocks. It is believed that U.S. stocks will not change much in the short term. On the other hand, Trump will take office as President of the United States next month. It is believed that the mainland will take measures to rescue the market depending on his policy direction. Hong Kong stocks lack good news in the short term, and the Hang Seng Index is expected to continue to move within a narrow range.

European stock markets closed down across the board, with British, French and German stocks falling 0.26%, 0.27% and 0.43% respectively.

President-elect Trump proposed suspending the national debt ceiling for two years. After the House of Representatives rejected a short-term funding bill proposed by the Republican Party on Thursday, the risk of a federal government shutdown increased, and leaders of the Republican and Democratic parties discussed solutions. Later, the White House stated that President Biden had signed the government spending bill passed by Congress yesterday to avoid a partial shutdown of the federal government during the Christmas holiday.

Last Friday was the "Quadruple witching day" for U.S. stocks, which is the settlement day for futures and options on indexes and individual stocks. Market conditions are generally relatively volatile. Despite the crisis of the shutdown of U.S. federal government agencies, the latest core personal consumption expenditures deflator (Core PCE) slowed to 0.1% month-on-month growth, the slowest growth since May, and was lower than expected to rise 0.2%. The indicator Shows US inflation is decelerating.

U.S. stocks fell first and then rose. The Dow Jones Industrial Average fell 195 points in the early stage and then rebounded sharply. It soared 873 points to a high of 43,216 points. The S&P 500 fell 0.59% and then rose 1.96%. The Nasdaq rose as much as 1.99% after adding about 1%. The three major indexes narrowed their gains at the close and still maintained gains of more than 1%.

At the close of U.S. stocks, the Dow soared 498 points, or 1.18%, to 42,840 points; the S&P 500 rose 63 points, or 1.09%, to 5,930 points; the Nasdaq rose 199 points, or 1.03%, to 19,572 points. For the whole week, the Dow retreated 2.3%, its third consecutive week of losses; the S&P 500 dropped 2%, and the Nasdaq fell 1.8%.

The U.S. dollar index fell by up to 0.76% to 107.59, the Euro rose repeatedly by 0.84% ​​to $1.045, and the Japanese yen rose by 0.95% to 155.95 per dollar. Bitcoin fell sharply for two consecutive days, falling as much as 5.32% to a low of $92,149.

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The Hang Seng Index opened 254 points lower at 19,610 points. The low was down 273 points to 19,591 points. The decline narrowed to 15 points in the afternoon. It fell 112 points or 0.56% for the whole day to 19,752 points. The Technology Index fell 29 points or 0.65% to 19,752 points. 4,439 points. Main board transaction volume was HK$142.8 billion.

The U.S. Federal Reserve cut interest rates by 0.25% as expected, but Chairman Powell made "hawkish" remarks, and market expectations for the Fed to cut interest rates sharply cooled. The dot plot shows that the number of interest rate cuts next year may be reduced to two. The U.S. 10-year bond yield hit the 4.5% level. U.S. stocks rose first and then fell overnight, with the Dow Jones Industrial Average falling more than a thousand points. Amid the strong US dollar, downward pressure on the RMB is expected to drag down the performance of Chinese stocks, and Hong Kong stocks will inevitably be affected. The Hang Seng Index has the opportunity to test 19,000 points, while the upper resistance is at 20,000 points.

European stock markets came under pressure, with British, French and German stocks falling 1.14%, 1.22% and 1.35% respectively.

The market's concerns about the US Federal Reserve's hawkishness have temporarily eased. US stocks' gains sharply narrowed after Thursday's sharp rebound, and eventually developed individually. After the Dow opened 137 points higher, it rebounded up to 460 points, reaching a high of 42,787 points; the S&P 500 once rose 1.08%, and the Nasdaq once rose 1.19%. The VIX volatility index, commonly known as the "fear index", surged 74% on Wednesday, the largest increase in seven years. It retreated 27% on Thursday.

At the close of U.S. stocks, the Dow rose only 15 points, or 0.04%, to 42,342 points; the S&P 500 fell 5 points, or 0.09%, to 5,867 points; the Nasdaq fell 20 points, or 0.1%, to 19,372 points.

The Dow closed at 1,123 points on Wednesday, falling for 10 days in a row, the longest losing streak since 1974. The S&P 500 dropped 2.95%, marking the biggest drop since 2001 on the day of the Federal Reserve interest rate meeting.

The U.S. dollar index retreated first and then climbed, once rising 0.43% to 108.49; the Japanese yen fell as much as 1.91% to 157.8 per dollar. The cryptocurrency Bitcoin fell repeatedly after falling below $100,000, falling as much as 7% to $95,633.

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The Hang Seng Index opened 184 points higher at 19,884 points, and rose 253 points to 19,953 points in the afternoon. It rose 164 points, or 0.83%, to 19,864 points throughout the day; the Technology Index rose 79 points, or 1.81%, to 4,468 points. Main board transaction volume was HK$107.5 billion.

The performance of Hong Kong stocks was mixed. The Hang Seng Index rebounded after falling for three days in a row and recovered the 20-DMA (19,730). In the short term, it is expected to fluctuate around 19,800 points. Towards the end of the year, fund managers are winding down their operations one after another, and investors' desire to enter the market is also weak. In the absence of funds, it is difficult for the stock market to perform well. U.S. stocks weakened, with the Dow Jones Industrial Average falling for ten consecutive days. The market is waiting to see the outcome of the U.S. Federal Reserve's interest rate meeting. US President-elect Trump will officially enter the White House next month. The market is paying attention to whether he will take any unexpected policy measures after taking office. The game between China and the United States is also worthy of attention. There will still be many uncertainties next year, and investors should increase their investment. vigilance.

European stock markets developed individually, with British and French stocks closing slightly higher by 0.05% and 0.26%, while German stocks fell by 0.02%.

The U.S. Federal Reserve announced the results of its interest rate meeting and cut interest rates by 0.25%, as the market expected. Chairman Powell later made "hawkish" remarks at the press conference, saying that the decision statement means that the Fed is at or near slowing down the pace of interest rate cuts, or suspending them. The pace of interest rate cuts, but a rate hike in 2025 seems unlikely.

U.S. stocks rose first and then fell on Wednesday. After opening slightly higher by 9 points, the Dow Jones Industrial Average rebounded as much as 239 points, reaching a high of 43,688 points. After the interest rate meeting results were announced, it fell by more than 200 points. After Powell's speech, it once fell sharply by 1,149 points, reaching a low of 43,688 points. 42,300 points, still down more than 1,100 points at the close; the S&P 500 index fell nearly 3%, and the Nasdaq Composite Index, which is dominated by technology stocks, fell more than 3.5%.

At the close of the U.S. market, the Dow Jones Industrial Average fell 1,123 points, or 2.58%, to 42,326 points, marking its 10th consecutive day of decline and the longest losing streak since 1974; the S&P Index fell 178 points, or 2.95%, to 5,872 points; the Nasdaq It fell 716 points or 3.56% to 19,392 points.

The US dollar index once rose 1.22% to 108.26; the Euro once fell 1.41% to $1.0345. The pound fell as much as 1.18% to $1.2562. The yen fell as much as 0.83% to 154.78 per dollar.

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After opening 117 points lower at 19,678 points, the Hang Seng Index once fell 174 points to 19,620 points. It rose 135 points in the afternoon and reached a high of 19,930 points. Afterwards, the selling pressure returned and closed down 95 points or 0.48% at 19,700 points, falling the 20-DMA (19,722)fell for the third consecutive trading day; the technology index fell 25 points or 0.58% to 4,389 points. Main board transaction volume was HK$131.9 billion.

The Hong Kong stock market is currently at great risk to the downside, with the 20,000 level becoming a resistance. Even if it reaches this level again, the resistance at 20,800 will be greater. With the US President-elect Trump taking office, it is believed that more policies that are unfavorable to China will be introduced, and the market outlook is expected to be at 19,000 points. The level rises and falls, and turns and weakens.

European stock markets developed individually, with British and German stocks falling 0.81% and 0.33% respectively, while French stocks rose 0.12%.

U.S. retail sales expanded to 0.7% month-on-month in November, better than expected growth of 0.6%. Investors are worried that the Federal Reserve will suspend interest rate cuts in January next year. U.S. stocks retreated on Tuesday. After the Dow opened 61 points lower, the decline had expanded to 381 points, as low as 43,336 points; the S&P 500 once fell 0.64%, and the Nasdaq, which is dominated by technology stocks, retreated at most 0.84%, and the psychological mark of 20,000 points almost fell.

U.S. stocks closed, with the Dow Jones Industrial Average down 267 points, or 0.61%, to 43,449 points, falling for nine consecutive trading days, the longest losing streak since 1978; the S&P 500 fell 23 points, or 0.39%, to 6,050 points; the Nasdaq fell. 64 points, 0.32%, reported at 20,109 points.

The U.S. dollar index rose 0.21% to 107.084; the euro once fell 0.31% to $1.0479; the yen rose as much as 0.64% to 153.16 per dollar.

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After opening 24 points lower at 19,947 points, the Hang Seng Index once rose 77 points to 20,049 points. It then fell into a correction and fell as much as 245 points to 19,726 points. It fell 175 points or 0.88% for the whole day to 19,795 points; the technology index fell 64 points. or 1.44%, at 4,414 points. Main board transaction volume was HK$134 billion.

Investors will be more cautious before seeing the details of the mainland's support policies. Hong Kong stocks will inevitably maintain a consolidation pattern in the short term and will test the support of the previous low of 19,566 points. If it falls, it will meet the 100-DMA (19,055). However, the mainland is still likely to implement monetary easing policies such as lowering the reserve requirement ratio this year, which is expected to bring rebound opportunities for Hong Kong stocks, with the market looking at the 20,800-point to 21,300-point area. On the other hand, the market is ushering in a super interest rate discussion week by global central banks. Investors are paying attention to whether Hong Kong banks will adjust the prime interest rate accordingly. If they follow the cut, it is expected to be good for the performance of Hong Kong stocks and the local property market.

European stock markets came under pressure. France's credit rating was downgraded by Moody's. French stocks fell 0.71%, British stocks and German stocks fell 0.46% and 0.45%.

The U.S. manufacturing purchasing managers' index (PMI) in December fell to 48.3, a new low since May 2020, from 49.7 in November, which was worse than the expected 49.5. U.S. stocks developed individually on Monday. After opening 2 points lower, the Dow Jones Industrial Average turned around and rose by up to 123 points, reaching a high of 43,951 points. After that, it fell back by up to 141 points, reaching a low of 43,686 points. The S&P 500 once rose 0.56%, reaching a high of 6,085 points. The Nasdaq broke its top. It once rose 1.39%, with a high of 20,204 points, and closed at a new high.

U.S. stocks closed with the Dow retreating 110 points, or 0.25%, to 43,717 points, marking its eighth consecutive trading day of losses; the S&P 500 rose 22 points, or 0.38%, to 6,074 points; the Nasdaq rose 247 points, or 1.24%, to 20,173 points. .

The U.S. dollar index once rose 0.16% to 107.17, and then fell by more than 0.1%; the Euro rose 0.23% to $1.0527; the Japanese yen fell as much as 0.51% to 154.48 per dollar.

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The Hang Seng Index opened 158 points lower at 20,238 points last Friday and the decline intensified. It fell 469 points to 19,927 points in the afternoon and fell 425 points or 2.08% to 19,971 points for the whole day. The Technology Index fell 121 points or 2.63% to 4,479 points. Main board transaction volume was HK$158.4 billion.

To summarize the whole week, the Hang Seng Index rose by 105 points or 0.53%.

The details of the Central Economic Work Conference have been released, proposing a broad policy framework such as domestic demand. The outside world has already expected it, but the market is more looking forward to actual figures, such as whether consumer vouchers will be distributed and what the amount will be if so. I believe the conference will stimulate the market. Limited effect. Hong Kong stocks are expected to return to quietness. Mainland China hopes that the financial market will be stable and the stock market is not expected to fall sharply. The upper resistance of the Hang Seng Index is currently at 20,800 points, and the lower support is the previous low of 19,566 points. If it falls below, it will test the 100-DMA (19,055).

European stock markets were little changed, with British, French and German stocks falling slightly by 0.14%, 0.15% and 0.1% respectively.

Apple's chip supplier Broadcom's artificial intelligence (AI) product performance this quarter exceeded expectations, and its stock price surged 24.4%. Its market value exceeded US$1 trillion for the first time. It sang good prospects and boosted investment sentiment. U.S. stocks were volatile on Friday, with individual developments. After the Dow opened slightly higher by 15 points, the gain expanded to 140 points, reaching a high of 44,054 points, and then fell by 123 points to a low of 43,790 points. The S&P 500 rose by up to 0.45%, and then fell by 123 points to a low of 43,790 points. All gains evaporated; the Nasdaq once again rose above the 20,000 mark and reached its top. It once rose 0.8% to a high of 20,061 points, and then stabilized repeatedly.

At the close of U.S. stocks, the Dow Jones Industrial Average fell 86 points, or 0.2%, to 43,828 points; the S&P Index dropped less than 1 point, to 6,051 points; and the Nasdaq Composite Index fell 23 points, or 0.12%, to 19,926 points.

The U.S. dollar index once fell 0.22% to 106.719, and then stabilized repeatedly; the Euro rose 0.56% to $1.0526; the Japanese yen fell by up to 0.76%, reaching a low of 153.8 per dollar; the British economy contracted in October, and the pound briefly fell 0.51% to $1.2608.

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After the Hang Seng Index opened 58 points higher at 20,213 points, it fell 33 points to 20,121 points. It then resumed its upward trend and rose 391 points to 20,546 points. It rose 242 points or 1.2% for the whole day to 20,397 points; the technology index rose 69 points or 1.52%, quoted at 4,600 points. Main board transaction volume was HK$157.7 billion.

The market lacks direction, and the Hang Seng Index has returned to calm after a surge. Yesterday, the Hang Seng Index closed at the 50-DMA (20,313). It is expected that the short-term will mainly hover above 20,000 points, waiting for opportunities to rise; if it falls below the previous low 19,566, it will run rampant in the lower range.

The trend of technology platform stocks has weakened, but mainland consumer stocks and stocks with low export correlation are relatively less affected by market conditions, and the sector is expected to have certain defensive power. The Politburo meeting held recently in the Mainland has clarified the policy direction, and it is expected that there will be a greater chance of repeating previous remarks at the China Economic Conference. In addition, the market is still waiting to see how the Federal Reserve will cut interest rates and where it will go next year. Some brokers said that the current valuation level of the Hang Seng Index is about 9.1 times, which is lower than the five-year average level of 11 times. Based on the Hang Seng Index profit forecast, if the valuation returns to the average valuation level next year, the Hang Seng Index will reach a high of 24,200 points. The most optimistic scenario is to reach 27,600 points, but frankly the chance of this happening is low, and the trade war may affect the Chinese economy and the profitability of Hang Seng Index constituent stocks, so expectations for the trend of Hong Kong stocks are more cautious.

European stock markets developed individually, with British and German stocks rebounding by 0.12% and 0.13%, while French stocks closed down by 0.03%.

The U.S. producer price index (PPI) accelerated to 3% year-on-year in November from the upwardly revised 2.6% in October, exceeding expectations of a 2.6% increase. Coupled with the weakness of large technology stocks, U.S. stocks weakened from their highs on Thursday. The Dow opened 20 points higher and then fell as much as 245 points, reaching a low of 43,903 points; the S&P 500 closed at its lowest level of the day; the Nasdaq, which is dominated by technology stocks, once fell 0.69% from its record high.

U.S. stocks closed with the Dow Jones Industrial Average down 234 points, or 0.53%, to 43,914 points; the S&P Index fell 32 points, or 0.54%, to 6,051 points; and the Nasdaq Composite fell 132 points, or 0.66%, to 19,902 points.

The US dollar index once rose 0.31% to 107.04; the yen once rose 0.42% to 151.81 per dollar. The European Central Bank cut interest rates for three consecutive meetings to support the economy, and the euro fell 0.31% to $1.0465. Bitcoin gave back up to 3.1% to about $99,300.

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After opening 93 points higher at 20,404 points, the Hang Seng Index rose 170 points to 20,481 points. It then fell back repeatedly, once falling 211 points and reaching a low of 20,100 points. It fell 156 points or 0.76% for the whole day to 20,155 points; the technology index fell 60 points or 1.31%, reported at 4,531 points. Main board transaction volume was HK$141.6 billion.

The mainland recently stated that it will implement a more active fiscal policy and a moderately loose monetary policy in 2025, saying that it must stabilize the property and stock markets, and vigorously boost consumption. The Central Economic Work Conference will be held on Wednesday (11th), and the market expects that more specific measures may be introduced. The Hong Kong stock market has soared in recent days, but there was a one-day reversal last day, with 21,000 gained and lost again, and today it fell below the 50-DMA (20,354). In the short term, we should pay attention to whether the Hang Seng Index can hold the 20,000 level. If it stabilizes above it, the market outlook is still expected to repeatedly test highs; but if it falls, it means that the technical trend will weaken again.

U.S. securities firm JPMorgan Chase said that the Politburo's signal of support for the macroeconomy and stock market is believed to be positive for the performance of Chinese financial stocks, and it is optimistic that the brokerage sector will outperform domestic banks in the short term.

European stock markets remained stable, with British, French and German stocks rising 0.26%, 0.39% and 0.34% respectively.

The U.S. Department of Labor announced that the consumer price index (CPI) in November accelerated to 2.7% year-on-year from 2.6% in October. The inflation data was in line with expectations and is not expected to disrupt the Federal Reserve's interest rate cut plan next week. U.S. stocks developed individually on Wednesday , after the Dow opened 52 points higher, the gain expanded to a maximum of 128 points, reaching a high of 44,376 points, and fell 112 points near the close, with a low of 44,135 points; the S&P 500 rose by up to 0.96%, approaching a historical high; mainly technology stocks The Nasdaq broke through its peak, once rising 1.87%, reaching a high of 20,055 points. It also closed at a record high, and stood above 20,000 points for the first time.

At the close of the U.S. stock market, the Dow Jones Industrial Average retreated 99 points, or 0.22%, to 44,148 points; the S&P Index rose 49 points, 0.82%, to 6,084 points; the Nasdaq Composite rebounded 347 points, or 1.77%, to 20,034 points.

The U.S. dollar index rose as much as 0.39% to 106.81; the European Central Bank is expected to cut deposit interest rates by 0.25% on Thursday, and the Euro fell 0.47% to $1.0481. The yen once fell 0.57% to a low of 152.82 per dollar. Bitcoin once again rose above the $100,000 mark, rising more than 7% to $101,700.

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The Mainland has relaxed its monetary policy tone after 14 years. The Hang Seng Index opened 655 points higher at 21,070 points. All Hang Seng Index bear contracts with call prices between 20,400 and 21,000 points were forcibly withdrawn. After the "bear slaughter", Hong Kong stocks gradually turned lower. The Hang Seng Index once fell 105 points to a low of 20,308 points in late trading. It fell 102 points, or 0.5%, to 20,311 points throughout the day, ending its two-day rally. The Technology Index fell 64 points, or 1.39%, to 4,591 points. Main board transaction volume was HK$247.5 billion.

The mainland has a positive attitude towards supporting the economy, but the relevant rhetoric is only directional and the actual results remain to be seen. The market still has room for speculation in the short term, but whether the Hang Seng Index's 50-DMA (20,373) can stabilize is critical. If details of incremental measures are released at the Central Economic Work Conference of the State Council this week, it is not impossible for the Hang Seng Index to reach 23,200 points in the market outlook.

European stock markets came under pressure, with British and French stocks closing down 0.86% and 1.14% respectively, and German stocks falling 0.08%. Japan's Nikkei closed up 0.53%.

Alphabet said it had made a breakthrough in quantum computer technology, sending its stock price up 5.6%. The performance of large technology company stocks once provided support to U.S. stocks, and the three major indexes performed repeatedly on Tuesday. After opening 110 points lower, the Dow once rose 68 points, reaching a high of 44,470 points, and then fell by up to 215 points, reaching a low of 44,186 points; the S&P 500 once rose 0.21%; the Nasdaq once rose 0.76%, reaching a peak of 19,887 points. . The three major indexes eventually retreated modestly.

At the close of U.S. stocks, the Dow Jones Industrial Average fell 154 points, or 0.35%, to 44,247 points; the S&P Index fell 17 points, or 0.3%, to 6,034 points; and the Nasdaq dropped 49 points, or 0.25%, to 19,687 points.

The U.S. dollar index rose by up to 0.46% to 106.64; the Euro fell by 0.52% to $1.0499; the Japanese yen fell by up to 0.64% to 152.18 per dollar.

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The Political Bureau meeting of the CPC Central Committee proposed to implement a more active fiscal policy and a moderately loose monetary policy next year to expand domestic demand and stabilize the property and stock markets. After opening 133 points lower at 19,732 points, the Hang Seng Index once fell to 19,700 points. It rose rapidly near the end of the market, once soaring 567 points to 20,433 points. It closed up 548 points or 2.76% at 20,414 points for the whole day; the technology index rose 192 points or 4.3 points. %, reported 4,656 points. The full-day transaction volume surged 26.87% from the previous trading day to 206.645 billion yuan, the most in the past month.

The Hang Seng Index rose sharply, hitting a new closing high in the past month, surpassing the recent high of 19,900, crossing the resistance of 20,000 points, and the 50-DMA (20,380). It also broke through the falling wedge formed since early October. If it can hold 20,000 point, and based on the technical trend, the increase target can be seen at 23,200 levels.

European stock markets developed individually, with British and French stocks rising by 0.52% and 0.72%, while German stocks closed slightly lower by 0.19%.

The market was waiting to see the inflation data to be released in the United States later this week. U.S. stocks were under pressure on Monday. After opening slightly lower by 4 points, the Dow Jones Industrial Average recovered up to 85 points, reaching a high of 44,728 points. However, it soon fell repeatedly, with the decline extending to 259 points at the end of the period. , as low as 44,382 points; the S&P 500 fell back from its record closing high, once down 0.68%, and the Nasdaq, dominated by technology stocks, once fell 0.81%. All three major indexes closed near the day's lows.

At the close of the U.S. stock market, the Dow Jones Industrial Average fell 240 points, or 0.54%, to 44,401 points; the S&P Index fell 37 points, or 0.61%, to 6,052 points; the Nasdaq also retreated 123 points, or 0.62%, to 19,736 points.

The U.S. dollar index fell as much as 0.25% to a low of 105.8, and then stabilized; the Euro rose 0.26% to $1.0587, and then weakened repeatedly; the yen once fell 0.89%, to 151.35 per dollar. Bitcoin gave back up to 6.4% to about $94,900.

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Hong Kong stocks rebounded on Friday after falling for two days in a row. After opening 51 points higher at 19,611 points, the Hang Seng Index expanded to 374 points during the session, reaching a high of 19,934 points. It rose 305 points, or 1.56%, to 19,865 points throughout the day; the Technology Index rose 94 points, or 2.16%, to 4,464 points. Main board transaction volume was HK$162.7 billion. Summarizing the whole week, it rose by 442 points or 2.28%, rising for two consecutive weeks.

Investors are paying attention to whether more economic stimulus measures will be introduced at the important mainland meeting on Wednesday. Since the Hang Seng Index has broken through the resistance of the 20-DMA (19,595), if it can rise above the top of the recent horizontal zone of 19,900 this week and stand firm above it, it will have a high chance of challenging the 20,000 level to complete the recent adjustment; otherwise, if it turns around and falls below last Friday's low of 19,566 to close , it is still a rampant situation.

DBS reiterated its positive view on Hong Kong stocks, but considering that the Republican Party will take full power (Red Sweep) after the US election, which will reduce macro transparency, it lowered its base scenario target for the Hang Seng Index to 21,300 points, equivalent to 9.9 times next year's forecast price-earnings ratio. DBS believes that China's policies to support the economy will help offset the potential impact of Trump 2.0. It recommends adopting a defensive strategy in the first half of next year, avoiding stocks with a heavy U.S. business, and focusing on high-quality growth stocks and beneficiaries. policy shares. Under the "most bullish" and "most bearish" conditions, the Hang Seng Index is at 25,600 points and 16,000 points respectively. The expected probability of the two happening is 25% and 15% respectively.

European stocks developed individually, with market concerns about the political situation in France temporarily relieved. French stocks rebounded 1.31%, German stocks rose 0.13%, and British stocks fell 0.49%.

The U.S. unemployment rate increased by 0.1 percentage points to 4.2% in November, which was higher than expected and remained at 4.1%, raising expectations for the Federal Reserve to cut interest rates this month. U.S. stocks developed individually on Friday. After the Dow opened 58 points higher, the increase expanded to 158 points at most. , reached a high of 44,923, and then fell back from the high, once reaching a low of 44,596, a drop of 169 points; the S&P 500 and Nasdaq Composite Index both set new record highs for the market and closing market. rose 0.82% to 19,863 points.

At the close of the U.S. stock market, the Dow Jones Industrial Average fell 123 points, or 0.28%, to 44,642 points; the S&P Index rose 15 points, or 0.25%, to 6,090 points; the Nasdaq rose 159 points, or 0.81%, to 19,859 points. Cumulatively for the whole week, the Dow Jones Industrial Average fell 0.6%, the S&P Index rebounded 0.96%, and the Nasdaq Index gained 3.3%. The S&P Index and Nasdaq Index also rose for the third consecutive week.

The U.S. dollar index fell 0.28% to 105.42, and then rose 0.43% to a high of 106.16; the Euro fell as much as 0.44% to $1.0543; the yen rose 0.49% to 149.37 per dollar. Bitcoin once rose 9.1% from its intraday low, breaking through $102,000.

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The Hang Seng Index opened 163 points lower at 19,578 points and then remained soft. The decline once extended to 275 points and hit a low of 19,466 points. It fell 182 points or 0.92% for the whole day to 19,560 points. The Technology Index fell 33 points or 0.76% to 4,370 points. . Main board transaction volume was HK$109.3 billion.

The U.S. "small non-farm payrolls" ADP private employment growth in November was weaker than expected, reinforcing market expectations for the Federal Reserve to raise interest rates. The three major U.S. stock indexes all hit record highs overnight. However, the positive external atmosphere has limited stimulating effect on Hong Kong stocks. The US dollar continues to be strong, and investors are worried about the impact of RMB depreciation on Chinese stocks. In addition, the market is also waiting to see whether the Mainland's Central Economic Work Conference to be held next Wednesday will introduce further economic stimulus policies. Since the Hang Seng Index can still hold the 10-DMA (19,453) after adjustment, the market outlook is still expected to break through the resistance of the 20-DMA (19,638) and challenge the 20,000 level.

European stock markets stabilized, with British stocks closing slightly higher by 0.16%, French stocks and German stocks rising by 0.37% and 0.63%.

Before the U.S. employment data for November was released on Friday, U.S. stocks repeatedly consolidated at historical highs on Thursday. After opening 24 points higher, the Dow Jones Industrial Average turned around and fell back up to 266 points, reaching a low of 44,747 points. It once rose 0.13% to a high of 6,094 points; the Nasdaq, which is dominated by technology stocks, rose 0.28% to a high of 19,790 points. The S&P 500 and Nasdaq fell back after breaking through the top.

At the close of U.S. stocks, the Dow Jones Industrial Average fell 248 points, or 0.55%, to 44,765 points; the S&P Index retreated 11 points, or 0.19%, to 6,075 points; and the Nasdaq fell 34 points, or 0.18%, to 19,700 points.

The U.S. exchange rate index once fell 0.58% to 105.75, the euro rose as much as 0.76% to $1.0592, and the yen once rebounded 0.62% to 149.66 per dollar. Bitcoin rose above the US$100,000 mark for the first time, soaring 6.05% to a high of US$103,800.

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After opening 24 points lower at 19,722 points, the Hang Seng Index fell 130 points to 19,615 points, and then rose 76 points to 19,823 points. It fell slightly by 3 points or 0.02% for the whole day to 19,742 points; the technology index fell 13 points or 0.31%, reported 4,404 points. Main board transaction volume was HK$131.1 billion.

The window dressing effect of traditional December funds will not be too great this year. The market is still waiting to see the US President-elect Trump’s China policy after he takes office early next year. It is expected that the bullish pattern of Hong Kong stocks will not change. The Hang Seng Index will continue to trade at the 100-day line (18,895) to 20,000 points. Narrow range up and down.

Some market participants believe that the continued instability of the Trump cabinet will make it less able to deal with China's international geopolitical challenges in the next four years than it will be during Biden's term. Therefore, the biggest variable in the Chinese and Hong Kong stock markets in the next four years is not actually the potential further deterioration of Sino-US relations, but whether China's recent series of rescue measures can effectively reduce the pain caused by the internal adjustment of the economy.

European stock markets developed individually, with British stocks falling 0.31%, French stocks rising 0.63%, and German stocks continuing to hit new highs, rising 0.97%.

The latest performance of technology stocks was satisfactory. The three major U.S. stock indexes all reached their peaks and closed at record highs on Wednesday. After the Dow opened 235 points higher, the gain expanded to 368 points, reaching a maximum of 45,073 points; the S&P 500 index once rose 0.66% to 6,089 points; the Nasdaq, which is dominated by technology stocks, rose as much as 1.34% to 19,741 points.

At the close of the U.S. market, the Dow Jones Industrial Average closed at 45,014 points, up 308 points or 0.69%; the S&P Index rose 36 points or 0.61% to 6,086 points; the Nasdaq rose 254 points or 1.3% to 19,735 points.

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Hong Kong stocks have done well repeatedly. The Hang Seng Index opened 35 points higher at 19,585 points. It fell 163 points in the early stage to a low of 19,386 points. It then turned upward and rose 218 points to 19,768 points. It rose 196 points or 1% for the whole day to 19,746 points. Technology The index lagged behind, rising 12 points or 0.27% to 4,417 points. Main board transaction volume was HK$126.6 billion.

The Hang Seng Index rose for the third consecutive trading day, and was indeed constrained by the resistance of the 20-DMA (19,748). If today's adjustment can still hold the 10-DMA(19,454), the market outlook is expected to challenge the 20,000 level.

Although the trend of Hong Kong stocks is dominated by mainland policies, the market is not too convinced by the pace and scale of earlier rescue measures. It seems that it has failed to boost investor confidence. It remains to be seen whether the Central Economic Work Conference next Wednesday may bring surprises. In addition, the weakening of the RMB exchange rate amid the strong US dollar has also put pressure on Hong Kong stocks.

European stock markets performed well, with British and French stocks closing up 0.56% and 0.26% respectively. Germany's DAX index rose above the 20,000 mark for the first time, closing up 0.42% at 20,016 points, temporarily rising by nearly 20% this year.

Looking at the performance of U.S. employment data and Federal Reserve Chairman Powell's speech, U.S. stocks repeatedly consolidated at high levels on Tuesday. After the Dow opened 12 points lower, it turned around and rose 132 points to a high of 44,914 points, and then fell 207 points to a low of 44,574 points; The index once fell back 0.23%, but eventually recovered and reached a new closing high with the Nasdaq. The Nasdaq, which is dominated by technology stocks, gave up at most 0.33%, and then also broke through the top and reached a high of 19,486 points, with an increase of 0.3%.

At the close of U.S. stocks, the Dow Jones Industrial Average fell 76 points, or 0.17%, to 44,705 points; the S&P Index rose 2 points, or 0.05%, to 6,049 points; and the Nasdaq Composite rose 76 points, or 0.4%, to 19,480 points.

U.S. stocks are so bullish that the S&P 50 index hit a new closing high for the 54th time this year on Monday. JPMorgan traders pointed out that options trading bets show that the S&P 500 index may rise to 6,200 to 6,300 points by the end of this year, which means another 3% to 4% increase. space.

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Hong Kong stocks performed well repeatedly on the first trading day of December. The Hang Seng Index opened 18 points higher at 19,442 points and maintained an upward trend for most of the time thereafter, rising as much as 266 points to 19,690 points. It rose 126 points or 0.65% throughout the day to 19,550 points; the Technology Index rose 52 points or 1.2% to 4,405 points. point. Main board transaction volume was HK$146 billion.

Yesterday, the Hang Seng Index regained the 10-DMA (19,445) as expected. I believe that as investors' pessimism eases, the market is expected to stabilize. If it can break through the resistance of the 20-DMA (19,811), it is expected to challenge the 20,000 level in the short term.

Mainland economic data is gradually recovering, with the official manufacturing purchasing managers index (PMI) remaining in the expansion range for the second consecutive month. The market is looking forward to the important meeting held in the Mainland this month, which will introduce more economic stimulus measures. In addition, the US dollar exchange rate showed signs of softening, which also benefited the performance of Hong Kong stocks.

European stock markets fell first and then stabilized. The dispute over the French government's budget triggered political instability. French stocks fell by as much as 1.23% and closed up 0.02%. British and German stocks rose by 0.31% and 1.57% respectively.

U.S. stocks experienced individual developments on the first trading day of December. After opening 15 points higher on Monday, the Dow Jones Industrial Average turned around and retreated by up to 200 points, reaching a low of 44,710 points. The S&P 500 and Nasdaq both broke through the top and hit record closing highs, with the S&P 100 rising 0.35%. , as high as 6,053 points, the Nasdaq once rose 1.14%, reaching a high of 19,436 points.

At the close of U.S. stocks, the Dow Jones Industrial Average fell 128 points, or 0.29%, to 44,782 points; the S&P Index rose 14 points, 0.24%, to 6,047 points; and the Nasdaq Composite rose 185 points, 0.97%, to 19,403 points.

The U.S. dollar index rose as much as 0.94% to 106.73, the euro fell 1.09% to $1.0462, and the yen once fell 0.65% to 150.75 per dollar.