---
title: "Tencent (700.HK) resumed trading yesterday (March 24th)"
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/39506733.md"
description: "Weekly Performance Review (Last 5 Trading Days' Closing Data): Date Open Close Change Volume 3⁄18 528.0 513.0 -2.8% 59.43M 3⁄19 505.0 508.0 +0.6% 24.92M 3⁄22 497.8 498.4 +0.1% 35.12M 3⁄23 508.0 514.0 +1.2% 29.36M 3⁄24 519.0 505.5 -1.6% 37.35M A few observations: ① 3⁄18 Gapped up and then fell..."
datetime: "2026-03-25T08:26:12.000Z"
locales:
  - [en](https://longbridge.com/en/topics/39506733.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/39506733.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/39506733.md)
author: "[阿布咋办](https://longbridge.com/en/profiles/104.md)"
---

# Tencent (700.HK) resumed trading yesterday (March 24th)

Weekly Performance Review (Last 5 Trading Days' Closing Data):

Date

Open

Close

Change

Volume

3⁄18

528.0

513.0

\-2.8%

59.43M

3⁄19

505.0

508.0

+0.6%

24.92M

3⁄22

497.8

498.4

+0.1%

35.12M

3⁄23

508.0

514.0

+1.2%

29.36M

**3⁄24**

**519.0**

**505.5**

**\-1.6%**

**37.35M**

**Key Observations:**

**① 3⁄18 High Open, Low Close, High-Volume Bearish Candle**: The heaviest volume for the week (59.43M shares). The high of 529.5 was reached at the open, followed by sustained selling pressure throughout the day, closing at 513. This was the strongest bearish signal of the week.

**② 3/19–3/23 Stabilization on Low Volume**: Volume for the three days remained in the 25–35M share range, significantly lower than on 3⁄18. The price fluctuated narrowly between 498 and 514, indicating limited disagreement between bulls and bears.

**③ Yesterday (3/24) Another High Open, Low Close**: The price surged to 521.5 in the morning session but failed to hold, falling back throughout the day to close at 505.5, down -1.6%. This pattern is similar to 3⁄18 — insufficient buying support at higher levels, with selling pressure still present above.

**Summary:** Tencent fluctuated within the 498–521 range this week. Two instances of high opens followed by low closes indicate clear resistance around the 520 level. If a decisive breakout cannot be achieved in the short term, the range-bound consolidation pattern is likely to continue. Monitor whether the support at the 500 psychological level holds firm.

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