美元/港币 (USDHKD) 加自选

周五，恒生指数飙升725点，涨幅3.6%，收于20804点，从前一交易日的1%跌幅反弹，所有板块均强劲上涨。交易员们对中国央行宣布提振股市措施的新细节表示欢迎，此前数据显示，2024年第三季度中国经济同比增长4.6%，为六个季度以来最低增速。与此同时，中国央行行长潘功胜指出，房地产和股市仍然是关键挑战，需要有针对性的政策支持。在本地，香港计划简化上市程序，以吸引更多投资者。在台湾台积电令人印象深刻的盈利之后，半导体制造业上涨16.9%。比亚迪电子国际（12.5%）、无锡生物制品（9.0%）、阿里巴巴健康（8.6%）和Trip。Com（7.5%）也录得稳健增长。然而，该指数本周下跌2.1%，这是连续第二次下跌，原因是人们越来越怀疑北京是否会在第四季度部署巨额财政支持，以实现2024年约5%的增长目标。

The Hang Seng surged 725 points or 3.6% to end at 20,804 on Friday, rebounding from a 1% drop in the prior session as all sectors gained robustly. Traders welcomed the Chinese central bank’s announcement of new details on measures to boost stock markets, just after data showed China’s economy grew by 4.6% yoy in Q3 2024, marking the slowest rise in six quarters. Meanwhile, PBoC Governor Pan Gongsheng noted that real estate and stock markets remain key challenges that require targeted policy support. Locally, Hong Kong plans to streamline the listing process to attract more investors. Semicon Manufacturing jumped 16.9% after the impressive earnings of Taiwan's TSMC. BYD Electronic Intl. (12.5%), Wuxi Biologics (9.0%), Alibaba Health (8.6%), and Trip.Com (7.5%) also logged solid rises. However, the index fell 2.1% for the week, its second straight decline, weighed by mounting doubts about whether Beijing will deploy huge fiscal support in Q4 to meet the 2024 growth target of around 5%.

周五中午左右，香港股市上涨187点，涨幅近1%，至20270点，扭转了前一交易日的跌幅，所有板块均走高。9月中国经济活动数据显示，工业产出和零售额增长均超预期，而城市失业率降至5.1%的3个月低点，市场情绪乐观。与此同时，2024年第三季度，中国大陆的经济活动同比增长4.6%，超过了普遍预期的4.5%，但低于第二季度的4.7%，这加剧了对更多刺激措施的呼吁。香港领导人John Lee表示，香港将设立一个100亿港元的创新和科技产业导向基金。他的声明导致一些科技股大幅上涨，尤其是腾讯控股（1.5%）、美团（3.9%）和Trip。Com（3.4%）。然而，本周恒生指数将连续第二次下跌，迄今已下跌约4.5%，原因是外界越来越担心中国经济复苏在外部逆风加剧的情况下仍然脆弱。

Equities in Hong Kong climbed 187 points or almost 1% to 20,270 around midday on Friday, reversing from losses in the prior session as all sectors moved higher. The sentiment was upbeat after September activity data in China showed both industrial output and retail sales grew more than expected while the urban jobless rate hit a 3-month low of 5.1%. Meanwhile, economic activity in mainland China grew by 4.6% yoy in Q3 of 2024, surpassing the consensus of 4.5% but falling short of Q2's print of 4.7%, heightening calls for more stimulus. Locally, Hong Kong leader John Lee said the city will establish a HKD10 billion innovation and tech industry-oriented fund. His statement caused some tech stocks to jump, notably Tencent Holdings (1.5%), Meituan (3.9%), and Trip.Com (3.4%). For the week, however, the Hang Seng is heading for the second straight decline, down around 4.5% so far, pressured by growing worries that economic recovery in China remained fragile amid mounting external headwinds.

周五，美元指数在103.8左右创下11周新高，并将连续第三周上涨，这得益于强劲的美国经济数据和所谓的“特朗普交易”。周四公布的数据显示，9月份美国零售销售增长超过预期，而最新的每周首次申请失业救济人数低于预期。由于特朗普在即将到来的选举中获胜的可能性越来越大，美元也受到了影响，因为他的关税、税收和移民政策被视为通货膨胀，可能会阻止央行进一步降息。投资者现在期待周五美国的房屋开工和建筑许可数据，以及美联储官员的最新评论。从外部来看，在欧洲央行今年第三次将借贷成本削减25个基点后，美元受益于欧元疲软。

The dollar index traded at 11-week highs around 103.8 on Friday and was headed for a third straight weekly gain, underpinned by strong US economic data and the so-called “Trump trade.” Data released on Thursday showed that US retail sales grew more than anticipated in September, while the latest weekly jobless claims came in below forecasts. The dollar also found a bid from rising odds of a Trump victory in the upcoming election, as his policies on tariffs, taxes and immigration are seen as inflationary, potentially keeping the central bank from cutting rates further. Investors now look ahead to US housing starts and building permits data on Friday, as well as fresh commentary from Federal Reserve officials. Externally, the dollar benefited from a weakening euro after the European Central Bank cut borrowing costs by 25 basis points for the third time this year.

纳斯达克100指数期货周五上涨0.2%，Netflix在盘后交易中上涨5%，第三季度收益和收入好于预期，同时报告广告层会员数量季度增长35%。标准普尔500指数期货也上涨了0.1%，道琼斯指数期货持平。在周四的常规交易中，道琼斯指数上涨0.37%，创下历史新高。标普500指数盘中也创下历史新高，收盘下跌0.02%，纳斯达克综合指数微涨0.04%。这些举措出台之际，投资者对强劲的企业盈利和经济数据表示欢迎，但在11月大选和美联储下次会议之前，市场紧张不安。在企业新闻方面，台湾半导体公司（Taiwan Semiconductor）上涨近10%，该芯片制造商的利润因强劲的人工智能需求飙升，提振了其他半导体股。市场也对乐观的零售销售和每周失业救济申请数据做出了反应。投资者现在期待周五更多的收益报告和央行评论。

Nasdaq 100 futures climbed 0.2% on Friday as Netflix jumped 5% in after-hours trading on better-than-expected third quarter earnings and revenue, while reporting a quarterly 35% increase in ad-tier memberships. S&P 500 futures also rose 0.1% and Dow futures were flat. In regular trading on Thursday, the Dow gained 0.37% to another record closing high. The S&P 500 also hit a new all-time high intraday before closing 0.02% lower, while the Nasdaq Composite inched up 0.04%. Those moves came as investors cheered strong corporate earnings and economic data, but markets were jittery ahead of the November election and the next Federal Reserve meeting. In corporate news, Taiwan Semiconductor rallied nearly 10% as the chipmaker’s profit soared on robust AI demand, lifting other semiconductor stocks. Markets also reacted to upbeat retail sales and weekly jobless claims data. Investors now look ahead to more earnings reports and central bank commentary on Friday.