Hong Kong markets snapped back this week. The $HSI(HSI)$ climbed 2.53%.Macro: Fed Dovish Turn Fuels Risk-On MoodLast Friday, John Williams — the Fed’s No. 3 official and President of the New York Fed — said cooling labor data leaves room for more rate cuts soon.Fresh U.S. data echoed that softness: retail sales rose just 0.2% in September, slowing 0.4ppt from last month and missing expectations.Another shocker: Kevin Hassett, head of the White House National Economic Council, has reportedly become the leading candidate for the next Fed Chair. He has openly suggested the new Fed leadership could cut rates.The CME FedWatch tool now assigns an 84.7% probability to a 25bp cut in December — a jump of 45.6ppt in just one week.No surprise: U.S. equities r

Hong Kong stocks tried to break higher this week, but momentum faded. The $HSI(HSI)$ still gained 1.26%, yet slipped back below the 27,000 mark.From U.S. Optimism to Fed-Induced PanicThe week started upbeat. U.S. lawmakers reached a deal to avert a government shutdown, sending Wall Street sharply higher.Then came Thursday—the mood flipped. Multiple Fed officials turned hawkish.San Francisco Fed President Mary Daly said it’s too early to decide on a December rate cut.Cleveland Fed President Loretta Mester called for steady rates to keep pressure on inflation.St. Louis Fed President Musalem urged caution on further easing.At the same time, “Big Short” investor Michael Burry accused major AI infrastructure players of “inflating profits” by extending c

Hong Kong stocks swung lower early in the week before staging a rebound. The $HSI(HSI)$ gained 1.29%, reclaiming the 26,000-point mark.Globally, markets had a rough ride. The MSCI Asia Pacific Index posted its worst week since early August, while the $NASDAQ(.IXIC)$ tumbled nearly 3%.AI Bubble Fears Grip Wall StreetConcerns over an “AI bubble” are spreading fast. Reports surfaced of “circular” transactions among OpenAI, $NVIDIA(NVDA)$ , and other AI-linked firms, drawing sharp scrutiny.Add to that Palantir’s post-earnings plunge and news that famed bear Michael Burry’s Scion Asset Management is betting against Nvidia and Palantir — and you get a tech sell-off in

This week, Hong Kong stocks lost steam after a brief rally. The $HSI(HSI)$ fell 0.97%, slipping back below the 26,000 mark.China–U.S. Talks Steal the SpotlightAll eyes were on Busan, where the Chinese and U.S. presidents held a high-profile meeting. Ahead of the summit, trade teams met in Kuala Lumpur and reached initial consensus on several key economic issues.The talks yielded progress on tariffs, rare earths, and agricultural purchases. Both sides agreed to lift previous export control measures, while the U.S. will cut fentanyl-related tariffs to 10%. President Trump even announced plans to visit China next April.Despite the upbeat tone, investors worried the final deal might fall short of expectations, leading to a pullback in Hong Kong and A-s

Hong Kong stocks tumbled this week, with the $HSI(HSI)$ dropping 3.97%, closing in on the key 25,000-point mark.Trade Tensions Back in PlayOn October 10, Donald Trump announced that starting November 1, the U.S. will impose an additional 100% tariff on Chinese imports — on top of existing duties. He also said the U.S. will restrict exports of “all critical software.”The news sent Hong Kong markets reeling. The Hang Seng Index plunged over 3.5% on Monday.After a global sell-off, Trump later tried to calm markets, saying “no need to worry about China — everything will be fine.” U.S. Treasury Secretary Bessent reaffirmed that the two heads of state are still expected to meet at the end of the month. Trade Representative Greer predicted that the market

The Hong Kong market continued to tumble this week, with the $HSI(HSI)$ dropping for four consecutive trading days, down 3.13% for the week.U.S. Political Gridlock Triggers Gold RushThe ongoing U.S. government shutdown crisis remains unresolved as lawmakers fail to agree on a budget. The uncertainty drove international gold prices above $4,000 per ounce, hitting a record high and boosting metal and mining stocks.However, the AI sector lost momentum. After a strong rally, $BABA-W(09988)$ plunged more than 10% this week, dragging down $TENCENT(00700)$ $KUAISHOU-W(01024)$ and other major internet names.Semiconductors Reve

This week, Hong Kong stocks rode a wave of Fed rate cuts and AI euphoria. $HSI(HSI)$ closed Friday at 26,533.04, up 0.55% for the week. The real star was $HSTECH(HSTECH)$ , surging 4.97% to 6,287.02.Turnover was heavy. Weekly trading hit HK$1.67 trillion, with Sept 18 alone topping HK$413.3 billion — the busiest day since April.Tech and Consumer Lead the ChargeOptional consumption and tech stocks were the bright spots. HSTECH swung an impressive 8.15% range through the week. The China Enterprises Index gained 1.10% to 9,468.15, while the Red Chip Index slumped 6.23%.On Monday, the HSI touched a four-year high as markets cheered China stimulus hopes and Fed easing. Midweek, investors rotated, chasing high

The Hang Seng Index has reached 26,000 points, marking a 4-year high. $TENCENT(00700)$ closed at HK$633, hitting a 3-year high, while $NetEase(NTES)$ climbed to $145, a record high.Boosted by the rise of AI large models, the gaming industry is being revalued. With cost reduction and efficiency gains, future games are expected to become more sophisticated—and even more effective at driving in-game spending.Among Hang Seng Index constituents: $XIAOMI-W(01810)$ is up 62.90%, $CHINA LIFE(02628)$ is up 58.79%, $TENCENT(00700)$ is up 51.67%,

This week, Hong Kong stocks surged before pulling back, with the $HSI(HSI)$ nearly reaching the 26,000-point mark. However, it failed to break through and ended the week down by 1.03%.US Fed's Powell Suggests Possible Rate CutThe market was influenced by US Federal Reserve Chairman Jerome Powell’s remarks at the Jackson Hole symposium last Friday. He noted that, despite inflation concerns, the rising risks in the job market could lead the Fed to cut rates in September.This sent US stocks soaring, with the Nasdaq gaining over 1.8%, nearing its all-time high. The rally in US stocks helped lift the Hang Seng Index on Monday, which rose by over 1.9%, hitting 25,918.86 points, just shy of the 26,000-point threshold.However, after the sharp rise in the H

This week, Hong Kong stocks showed strong resilience, with the $HSI(HSI)$ rising 0.27% over the week.Key Earnings Reports Drive Stock Prices UpSeveral companies released their earnings reports this week, with standout performances from: $LEAPMOTOR(09863)$ : The company turned a profit for the first half of the year, becoming the second new Chinese carmaker to achieve profitability. This boosted its stock by over 8%, hitting an all-time high. $POP MART(09992)$ : The company saw its net profit skyrocket by 396.5%, with a 204.4% year-on-year revenue increase. The stock surged by 18%, pushing its market value past HK$ 430 billion.

This week, Hong Kong stocks saw a volatile trend, with the $HSI(HSI)$ dropping 3.47%, falling below the 25,000 mark.Key News & DevelopmentsEarly in the week, China and the U.S. held the third round of trade talks in Switzerland. Both sides agreed to extend the negotiation deadline by 90 days, pushing it past the originally planned August 12th date. However, U.S. Treasury Secretary noted that the final decision rests with President Trump. Chinese negotiator stated that both sides had "in-depth, candid, and constructive exchanges." He emphasized that China would continue to push for the suspension of tariffs and countermeasures.On July 30, the Politburo of the Communist Party of China held a meeting to assess the current economic situation and se