恒生指数周五飙升366点，涨幅1.9%，收于20066点，结束了两天的下跌。此前，美国总统特朗普与中国领导人Xi最近进行了“友好”对话，特朗普在对话中表示希望与中国达成贸易协议。该指数本周上涨2.5%，标志着在中国监管机构敦促保险公司和共同基金购买更多股票以刺激内地股市快速复苏后，该指数连续第二次上涨。周四标普500指数创纪录的收盘价也提振了市场情绪，特朗普预计利率会下降，因为美联储将于下周举行今年的首次会议。在将于周一公布的中国1月份官方采购经理人指数（PMI）数据公布之前，谨慎的态度限制了进一步的上涨。所有板块均上涨，科技、消费者和金融板块涨幅最大。单独来看，阳光光学科技上涨7.9%，紧随其后的是小米公司（6.5%）、商汤科技集团（6.3%）、半导体制造（5.5%）和比亚迪电子国际（5.4%）。

The Hang Seng soared 366 points or 1.9% to end at 20,066 on Friday, snapping a two-day losses. The rebound followed a "friendly" conversation recently between US President Trump and Chinese leader Xi Jinping, during which Trump expressed hopes for a trade deal with China. The index jumped by 2.5% for the week, marking its second straight rise after Chinese regulators urged insurers and mutual funds to buy more stocks to spur rapid recovery in mainland stocks. A record close on the S&P 500 Thursday also buoyed sentiment, with Trump expecting lower interest rates as the Fed will hold a meeting for the first time this year next week. Capping further rises were caution ahead of official PMI figures for January in China, set to be released Monday. All sectors gained, with tech, consumers, and financials among top movers. Individually, Sunny Optical Tech. jumped 7.9%, followed by Xiaomi Corp. (6.5%), SenseTime Group (6.3%), Semicon Manufacturing (5.5%), and BYD Electronic Intl. (5.4%).

香港股市在周五早盘交易中飙升336点，至20041点，涨幅1.7%，在各板块稳步上涨的情况下，收复了前两个交易日的失地。本周，恒生指数有望连续第二次上涨，迄今已上涨近2.5%，这得益于北京鼓励保险公司购买更多内地上市股票的举措。该计划预计每年将从国有保险公司注入至少数千亿元人民币的新资本。它还涉及指导共同基金经理增加其管理的股票基金。一夜之间，在华尔街，标准普尔500指数创下历史新高，因为美国总统唐纳德·特朗普呼吁降低利率和油价。在下周中国1月PMI数据和2025年美联储第一次会议之前保持警惕，进一步减少了涨幅。早期的赢家包括小米公司（5.2%）、农夫山泉（4.9%）、中国虹桥集团（4.4%）、肯德基。（3.5%）和腾讯Hlds。(2.2%).

Shares in Hong Kong surged 336 points or 1.7% to 20,041 in Friday morning trade, halting losses from the previous two sessions amid solid gains across sectors. For the week, the Hang Seng is on track for its second consecutive increase, up nearly 2.5% so far, boosted by Beijing's initiatives to encourage insurance companies to purchase more mainland-listed shares. This plan is expected to inject at least hundreds of billions of yuan in new capital annually from state-owned insurers. It also involves guiding mutual fund managers to increase equity funds under their management. Overnight on Wall Street, the S&P 500 hit record highs as US President Donald Trump called for lower interest rates and lower oil prices. Reducing further gains were vigilance ahead of January PMI figures for China next week and the first Federal Reserve meeting of 2025. Early winners included Xiaomi Corp. (5.2%), Nongfu Spring (4.9%), China Hongqiao Group (4.4%), KE Hlds. (3.5%), and Tencent Hlds. (2.2%).

周四，恒生指数下跌78点，跌幅0.4%，收于19700点 上午的会议上，关税风险迫在眉睫，人们对中国经济势头疲软表示担忧。与此同时，在特朗普总统采取措施增加人工智能支出后，华尔街标准普尔500指数周三接近历史最高点，美国期货下跌。大多数行业最终都出现了下滑，尤其是科技、消费和房地产。相比之下，在中国证券监管机构鼓励当地保险公司和共同基金增持股权后，金融股上涨。本月早些时候，监管机构宣布计划与中国央行合作，改进货币政策工具，稳定陷入困境的内地股市。一些最大的落后者包括半导体制造（-7.4%）、普玛特国际（-5.4%），李汽车（-3.7%）和小米公司（-2.7%）。相比之下，中国人民财产保险股份有限公司（2.5%）、中国人寿（2.2%）和平安保险（1.8%）等保险公司股价上涨。

The Hang Seng fell 78 points or 0.4% to close at 19,700 on Thursday, swinging from gains in the morning session amid looming tariff risks and concerns over China's sluggish economic momentum. Meanwhile, US futures drifted lower after Wall Street's S&P 500 approached an all-time high Wednesday after President Trump's moves to boost spending on AI. Most sectors eventually slipped, notably tech, consumer, and property. In contrast, financials rose after China's securities agency encouraged local insurers and mutual funds to increase their equity holdings. Earlier this month, the regulator announced plans to collaborate with the Chinese central bank to improve monetary policy tools and stabilize the ailing mainland stock markets. Some of the biggest laggards included Semicon Manufacturing (-7.4%), Pop Mart Intl. (-5.4%), Li Auto (-3.7%), and Xiaomi Corp. (-2.7%). In contrast, insurers saw gains, such as PICC Property & Casualty (2.5%), China Life (2.2%), and Ping An Insurance (1.8%).

美元兑港元升至17周高点7.79。过去4周，美元香港上涨0.29%，过去12个月下跌0.35%。

USDHKD increased to a 17-week high of 7.79. Over the past 4 weeks, US Dollar Hong Kong Dollar gained 0.29%, and in the last 12 months, it decreased 0.35%.