On July 24, 2025, the Hang Seng Index broke through a key level; how far can this upward trend go?

Hong Kong stocks have performed moderately in recent times, $Hang Seng Index(800000.HK)$ The breakthrough in Daishi Stock Market, from a technical point of view, the 25000 point is just a psychological barrier. The turning point is the event of July 15, in last week's article”Hong Kong Stock Breaks? Is AI sentiment expected to change in China in the second half of the year?♪ There's a hint. In fact, support for the Hong Kong stock market is not a single component. The MMF & Fiscal Policy lead to the economic rebound, the upcoming supply side 2.0 and rollback measures, plus the upcoming H20 chip will lead to market volatility. H20 Recovery Supply Eliminates the profitable Technology Industry back on track, and more importantly, the US is making progress on the situation in the country. With trade talks coming to the United States and many different countries, the market is surprising, and China will hold a third round of trade talks in Sweden next week. The imminent rise of the mid-US dollar in September is further stimulating market sentiment.

Optimistic expectations of trade talks, with a more positive view of the economic outlook on the market, are the main reason for the rise in Hong Kong stocks, which explains why since 15 July $Hang Seng TECH Index(800700.HK)$ Start winning the Hang Seng Index. Money is not limited to high performance stocks and Topics. In addition, considering the success of supply factor 1.0 (The healthiest market in Hong Kong stocks in 2017 is due to the performance of several industries after a downturn in production). The market is currently the worst for a number of industries, and some of the industries that have suffered from drawdowns and production losses have been on the money trail this month. This is another reason to be happy with the dynamic market.

For example, the following Sectors and including not limited to Related Stocks:

Photovoltaic Stocks: $XINYI SOLAR(00968.HK)$ $FLAT GLASS(06865.HK)$ $XINTE ENERGY(01799.HK)$ $GCL TECH(03800.HK)$

Paper industry shares: $ND PAPER(02689.HK)$ $LEE & MAN PAPER(02314.HK)$ $CHENMING PAPER(01812.HK)$

LITHIUM SHARES: $GANFENGLITHIUM(01772.HK)$ $TIANQI LITHIUM(09696.HK)$

Cars Shares: $BYD COMPANY(01211.HK)$ $GEELY AUTO(00175.HK)$ $GWMOTOR(02333.HK)$ $XPENG-W(09868.HK)$ $LI AUTO-W(02015.HK)$ $NIO-SW(09866.HK)$

Takeout Platform: $MEITUAN-W(03690.HK)$ $JD-SW(09618.HK)$ $BABA-W(09988.HK)$

E-commerce Platform: $BABA-W(09988.HK)$ $JD-SW(09618.HK)$ $PDD Holdings(PDD.US)$ $KUAISHOU-W(01024.HK)$ $Vipshop(VIPS.US)$

In addition, there is a tightening of supply of commodities that are not related to production, such as Aluminum and Copper prices are stronger. $JIANGXI COPPER(00358.HK)$ und $MMG(01208.HK)$ SURPASSING THE HIGH SINCE LAST YEAR'S NATIONAL DAY HOLIDAY; $CHALCO(02600.HK)$ It is also approaching the high of the fourth quarter of last year, and $CHINAHONGQIAO(01378.HK)$ Due to stronger cost controls, the share price did not break new highs, rising by 104% this year, the second largest increase in the Hang Seng Index this year (ended July 24, 15:00.)

As for the best-performing constituent stocks this year, as of 15:00 on July 24, the best performing blue chips were $SINO BIOPHARM(01177.HK)$ 。 Pharmaceutical stocks started in the second quarter of this year, mainly due to the fact that many pharmaceutical companies carried out M&A and did not launch successful drugs, thereby revaluing the entire Industry. This Sector is an article from May 20 this yearHong Kong Reaches New High, Unseen Investment Segments for the Second Quarter ” As mentioned, the logic has not changed much so far.

Stocks that are currently being raised by the Client $INNOVENT BIO(01801.HK)$ $AKESO(09926.HK)$ $REMEGEN(09995.HK)$ $3SBIO(01530.HK)$ $SINO BIOPHARM(01177.HK)$ $CSPC PHARMA(01093.HK)$ , the performance is still very strong so far.

The most unfortunate for this year was the sharp decline in the spread of AH Stocks, for example, falling to the level of the previous 5 years. However, this indicator is for reference only, in fact, it is a direct reflection of stocks with large discounts, such as $SHANDONG MOLONG(00568.HK)$ $ZHEJIANG SHIBAO(01057.HK)$ $SHANGHAI PECHEM(00338.HK)$ 5 and so, there is a marked narrowing of the H dividend margin this year. This author is still in research to this day.

One thing that investors are hoping for is that the Hang Seng Index is about to break through, and the index has not breached its 52-week high so far. Stocks that have not improved Fundamentally or Topic in the whole of 2025 have reflected the performance of Hong Kong shares in real terms compared to mainstream Chinese expectations. The most important thing to note is that HIBOR is the case of low-end companies, starting to work only as a simple IPO. Due to the presence of the nearby IPO market and the capitalization of Hong Kong stocks, the hot coin has started to inflow in early May. As $USD/HKD(USDHKD.FX)$ The downside is simply a reflection of the difference between HKD and USD, and the movement of the outflow of HKD is largely due to the behavior of deposits and lifetime deposits or tickets, and does not represent an outflow of funds from financial markets.

AT 11 A.M. ON JULY 24, HIBOR HAD ONLY 0.89857 CENTIMETERS FOR THE FIRST MONTH, AND THE INTEREST RATE REMAINED AT THIS LOW LEVEL FOR MORE THAN SIX MONTHS. In an environment of low interest rates, Hong Kong shares have shown signs of improvement, and there are conditions for the market to continue to look bullish after the market.

Hang Seng Index Technical Analysis & Breakdown

On the short-term post-market rally, this upswing in the big share supports the downward trend, making it inappropriate to estimate the top for a long time. From the perspective of the latest technology, the indicator only remained stable above the March 19 high of 24874, while the signal of the bullish triangle pattern was unchanged before the bullish triangle. The indicator continued towards the upper test high. From here, MACD issued a double-bull signal (High Gold Cross) on July 15. The fundamentals of the index and the beginning of the paper are similar, and the traditional moving average line has formed a multi-headed row. The various signals indicate the appearance of profitable indicators after the market in the period.

If we talk about the performance of the mid-term post-market, using the most optimistic measure of the above ascending triangle form, we obtain a fluctuation in the triangle pattern with 24874-21712 (the bottom of this triangle) of 3162 points, and the most optimistic target after breaching can reach 28036 points (24874+3162 = 28036 pips). The main thing to note is that the triangle is almost 4 months away, a goal that does not exclude that it may take until the end of Q3 or Q4 to be reached, are some of the mid-term goals.

As for the movement of the extremely short line, it is possible to judge from the traditional bull bear certificate street map:

At the close of July 23, the weight of the Corona certificate stood at 25600~25699 points, and today's Hang Seng Index continued to recover after the increase in this Range. On the part of the short-line investment, it is recommended to observe a certain buffer weight zone each day before the start of the market. One thing to note is that the commodity ratio of certificates and Bulge Street certificates is not always important, mainly because the Hang Seng Index has increased more in the coming months, and the index has retained many inactive bulls at 24000~20000 points. The main thing is the classification of the bull certificate below 1000 points on the reference index. For example, in the figure above, all bulls have a ratio of 60:40, but the rule for bulls near 1000 points is 40:60 (as of 23 July 2025, close to 1000 cattle have an equivalent index number of 3834, and places near 1000 have a corresponding index number of 5665). to illustrate the following The location does not have to be guided by the comparison of solid bull bull street stocks, and the minimum value of shorting is the change in daily street volume.

In addition, as of July 24, the most recent stock price recovery of Hong Kong stocks is 24994 pips (listed today). These close bonds are also some distance from the current index. Investors who are excited can keep an eye on the street commodities and capital flows of these quoted bulls in the short term. $MS#HSI RC2712Z.C(59662.HK)$ $SG#HSI RC2807G.C(59680.HK)$ $DS#HSI RC2708J.C(59688.HK)$ $CI#HSI RC2804T.C(59713.HK)$ $CT#HSI RC2802Y.C(59717.HK)$ $JP#HSI RC2807O.C(59737.HK)$ $HS#HSI RC27127.C(59787.HK)$ $UB#HSI RC2807Y.C(59815.HK)$

The stock of Hang Seng Index option options can be more interesting than the bull certificate's survival tool. On the Futubull APP, Hang Seng Index -> Options -> Options Analysis, you can see the latest Hold Positions breakdown. In the trend of the extreme short line, the three closest due dates in the main cluster are the weekly options dated July 25 and August 1 and those calculated on July 30 this month. From the latest Hold Positions measure, the stock of bullish options has recently moved up to 25800, so this is the next resistance position after the market in the short term. If the indicators are likely to stress these important warehouses, the possibility of short line outflow of light or replacement depots will increase.

Investment strategy comments:

Looking at the current indicators and many Stocks are already high, the most important reflection now is the strategy behind the target tracking. As explained above, all strong stocks have investment themes, and lagging stocks often lag behind. It can only be expected that the same reason for this change after target tracking can change, and the risk and risk of using this strategy in the long term is ten times higher. After choosing a tracking option, it was mentioned in the past investment talk that suggested choosing stocks from the Strength Sector for a short break. For example, on the upcoming RWA top topics, people will be interested in today's NowTV. $ZA ONLINE(06060.HK)$ The reasons are as follows:

1. Web3.0 and RWA Development Layout

2. Ant decline and company dividend news at the end of June reflected, short lines have room to fall behind

3. Valuation in RWA Concept shares is not high, mid-term results published on August 20 are expected

If it is necessary to choose after tracking, we recommend choosing from Bulky Sectors, which are not necessarily at 52-week highs. However, when opportunities arise, more technical analysis can be considered after consolidation. Stocks that bounce back at 52-week lows mean the risk of falling behind or above target is extremely high.

However, another way is to continue to maintain strong stocks, such as the message mentioned above, Alibaba, Handy $XIAOMI-W(01810.HK)$ Conditions for these major Technology stocks continue to be Bullish. While holiday investors are currently feeling down on their choice of stocks, they can look to add more feedback to a number of index-tracking ETFs, such as those that track the Hang Seng Index. $CSOP HANG SENG INDEX DAILY (2X)LEVERAGED PRODUCT(07200.HK)$ Or two tracks the Hang Seng TECH Index $CSOP Hang Seng TECH Index Daily (2x) Leveraged Product(07226.HK)$ 。