The Hang Seng Index Company released the latest index news, mentioning that the Hang Seng Index continued to rise in the Year of the Dragon. As of yesterday, it had recorded a 4.8% increase. After a weak performance in the Year of the Rabbit, investors have high expectations for a strong Dragon Year. Historical data shows that the Hang Seng Index rose during the first month of the Dragon Year, with an average increase of 7.9%. According to the Hang Seng Index Company, the chance of Hong Kong stocks recording a positive return in the first month of the Lunar New Year is 54%. Historical data shows that if a positive return is recorded in the first month, the chance of a positive return throughout the lunar year is as high as 83%; conversely, if the Hang Seng Index falls in the first month, the chance of a year-round decline is 60%. Overall, the chance of a January effect occurring is about 72%.