The unstoppable Hong Kong stocks? Review on April 23 and 24

I've always wanted to try this chicken white broth ramen. Turns out, as the saying goes, 'a chance encounter beats a planned invitation'—just happened to pass by and finally got to taste it. The flavor is quite impressive.

Thanks to Ms. Fan Qiaoru for the invitation. A professional journalist as the host really sparked great energy.

$Hyatt Hotels(H.US)ang Seng Index (800000.HK)$
Note that the Hang Seng Index has hit its highest closing level this year, with a breakout trend emerging simultaneously. However, the first breakout often sees a pullback—sometimes it takes the second or third attempt to succeed. The 16,950 level is a key point for this upward trend; as long as it stays above, the Hang Seng remains bullish. Focus on $A GX HSICC(3419.HK) for medium-to-long-term positioning, which offers a high chance of capturing both price gains and dividends.

$GWMOTOR(2333.HK)'s earnings pleasantly surprised me. I didn’t expect the company to successfully expand overseas, achieving high growth in international markets. Meanwhile, with subsidies, it delivered outstanding results. Today’s gap-up with heavy volume suggests big money chasing the stock, but $TENCENT(700.HK) faces strong resistance at 340. The recent rally is too rapid—wait for a pullback before considering long positions. Support lies at 315. $Macys(M.US)EITUAN(3690.HK) also meets resistance at 115; the short-term rise is too steep, so watch for a pullback. $BABA-W(9988.HK) has resistance at 75, and a temporary pullback is likely.

$Nasdaq 100 Index Continuous (2406)(NQmain.US)$Proshares UltraPro Short QQQ ETF(SQQQ.US) now is risky, as the index may consolidate before falling further. With stubborn inflation and slowing growth, the Fed faces a severe dilemma—harder to solve than a recession. Cutting rates recklessly would worsen inflation, while hiking would further slow growth.

The chart above isn’t absolute but is highly instructive.
$Macys(M.US)eta Platforms(META.US) nosedived post-earnings. Recent mega-cap tech earnings reveal a pattern: when stocks slowly retreat from highs and report earnings, a sharp post-earnings drop often follows (e.g., $Netflix(NFLX.US)). Be cautious with $Alphabet(GOOGL.US) reporting tomorrow. But $Macys(M.US)icrosoft(MSFT.US) may differ, having already dipped pre-earnings. $Apple(AAPL.US)’s chart looks precarious—a post-earnings drop is likely. $Tesla(TSLA.US) shows the opposite: its prior oversold condition triggered a short squeeze despite mediocre results.

1. Positions & Trades
$Macys(M.US)ini Hang Seng Index 2404 (MHI2404.HK)$
$Hyatt Hotels(H.US)ang Seng Index Continuous (2404)(HSImain.HK)$A GX HSCEICC(3416.HK) remains key. If $Hyatt Hotels(H.US)SCEI (800100.HK)$ stays range-bound this year, high yields should persist. $GX INDIA TOP 10(3184.HK) requires patience—will Indian stocks outperform global markets? $GX KPOP CULTURE(3158.HK) tracks South Korea’s gradual market rise.

2. Reflection
Trading can be simple. This uptrend felt effortless with light positioning. Next time, resume normal sizing while staying composed. The final hurdle in trading is mental energy—here’s one of the most useful non-chart visuals I know.

3. Strategy
China’s major indices $SSE Index(000001.CN) $Shenzhen Index(399001.CN) $ChiNext(399006.CN) remain steady, with improving opportunities. Focus on $GX CN LIL GIANT(2815.HK)—its holdings are sector leaders.
In HK, today’s spotlight is $UNITED LAB(3933.HK), leading the pharma rally. A retest of highs seems likely; stop-loss at 8.95.
$Adobe(ADBE.US): Watch for shorting opportunities near 490. Resistance there would confirm bearish setups.
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