Hang Seng Set for Rebound on April 25 After Nasdaq’s Tech Surge Revives Global Risk Appetite
Hang Seng Index is likely to open in the green on April 25 after Nasdaq's 2.74% surge restores investor optimism in Asian equity markets.
Key Highlights:
Hang Seng Opening Outlook for April 25
After closing lower at 21,936.88 on April 24 — down 0.74%, the Hang Seng Index (HSI) is expected to open positively today, fueled by an overnight rally in the Nasdaq Composite, which jumped 457.99 points (2.74%).
Previous Close (April 23): 22,098.87
Last Close (April 24): 21,936.88 (-0.74%)
Expected Opening (April 25): 22,050 – 22,150 range
Opening Sentiment: Bullish
Bias: Rebound likely
Why Hang Seng May Rebound Today
- Nasdaq’s surge, especially in tech giants like Microsoft, Meta, and Nvidia, is expected to drive early buying in Chinese tech stocks listed in Hong Kong.
- Alibaba, Tencent, Meituan, and JD.com are expected to see strong opening momentum.
- U.S. ADRs of Chinese companies showed recovery overnight, hinting at positive HSI open.
Key Sectors to Watch
- Technology: Likely to lead gains with optimism spilling over from U.S. markets.
- Real Estate: May see mixed action amid policy uncertainty.
- Financials: Watch for rebound in HSBC, AIA amid global market risk-on sentiment.
Technical Zones to Watch
- Immediate Support: 21,850
- Upside Resistance: 22,200
- Breakout Level: 22,250
- Volatility Watch: Possible reversal post-European session cues
What This Means for Investors
- Retail traders may seek entry in oversold tech counters like Baidu or Xiaomi.
- ETF holders in Hang Seng-linked funds could see NAV gains by mid-session.
- Day traders can expect early momentum-driven action followed by consolidation.
How to Take Action
- Monitor Hang Seng Tech Index in the first 15 minutes of trade.
- Use US ADR movement as an intraday benchmark for Hong Kong tech stocks.
- Watch for FII data and mainland China policy headlines.
Who Will Be Affected
- Traders in HSI Futures and Hang Seng Tech ETFs
- Investors holding Chinese tech stocks listed in HKEX
- Global fund managers benchmarking to Asian indices
Positive Opening in Focus, But Intraday Resistance May Cap Upside
The Hang Seng is expected to open in green territory, but sustaining gains above the 22,150–22,250 resistance zone will be crucial. The direction of U.S. futures and any intra-day movement in mainland Chinese markets will shape the second half of the session.
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