Former UK Chancellor George Osborne is a surprise candidate to become the next chairman of HSBC, according to Sky News https://t.co/z7yEEcnqo6 ...

Group 1 - Former finance minister George Osborne is being considered as a potential successor to Sir Mark Tucker as chairman of HSBC Holdings [1] - Sir Mark Tucker stepped down from his position in September [1]

Core Viewpoint - The current market environment is characterized by a potential unwinding of momentum trades, particularly in AI, and uncertainty surrounding the Federal Reserve's actions, which may lead to volatility and adjustments in valuations [1][2][4]. Market Rotation and Economic Outlook - There is a noticeable rotation in the market, with concerns about the Federal Reserve's decisions impacting investor sentiment. Despite this, there remains a pro-risk stance, particularly towards equities [2][4]. - Earnings growth for the MAG 7 is expected to slow from 18% in Q4 of this year to 14% next year, while the broader market (the forgotten 493) is projected to grow from 2% in Q4 to 15% next year, indicating a broadening market [3]. Earnings Projections and Investment Strategy - Earnings for the S&P 500 are anticipated to increase by approximately 13% in 2026 and over 14% in 2027, with technology leading this growth [6]. - Investors are advised to view potential declines as buying opportunities, with historical data suggesting that pullbacks of 5% to 10% typically recover quickly [13]. Asset Allocation and Hedge Funds - There is a recommendation to consider hedge funds as part of a global asset allocation strategy, especially in a slowing economy, as they tend to perform well under such conditions [8]. - The focus on global AI developments is emphasized, particularly in emerging markets, which presents additional investment opportunities [9]. Investment Approach for Retail Investors - Retail investors are encouraged to maintain a long-term perspective, focusing on buying and holding equities rather than engaging in high-risk strategies like margin trading [12]. - It is suggested that investors should rotate into sectors showing relative strength, such as pure value over pure growth within the S&P 500 [14].

| | | 支持阻力分析顯示，109元成為近期重要防守關卡，若失守此位，可能下探105.6元的更強支持。上行方面，118元構成首道重要阻力，122.4元則是下一個關 鍵目標。考慮到上升概率為52%，且5日振幅僅4.6%，顯示股價波動相對溫和，但技術面的過熱狀態需要投資者保持警惕。 回顧近期窩輪市場表現，衍生產品在正股波動中展現優異的跟蹤表現。在11月11日的交易中，當正股上漲1.69%時，瑞銀認購證18901錄得22%的漲幅，摩通 牛證57888也有13%的不俗表現，證明在正確把握市場節奏時，匯豐相關衍生工具能夠提供可觀回報。 港股市場風向標匯豐控股（00005）近期在113元水準展開激烈攻防，跌0.96%。這隻銀行股龍頭正處於關鍵技術位階，多項指標顯示股價可能面臨短期調整 壓力，但中長期趨勢依然穩健，為衍生產品投資者帶來獨特的交易機會。 從技術圖表分析，匯豐目前處於明確的上升通道中，即時支持位在109元，強力支持位下看105.6元，而上行阻力位分別位於118元及122.4元。股價目前明顯 高於MA10的110.99元、MA30的106.96元及MA60的105.38元，這個多頭排列顯示中長期趨勢依然向好。然 ...

今日（12日）恆指靠住金融、地產板塊托底，低開0.2%後快速回穩，當中滙豐控股（00005）表現最搶鏡。 記得11月6日我哋【港股播報】就點評過滙豐，當日收報110元，接近110.4元高位，仲突破咗保利加通道頂部，當時技術信號以賣出為主，提醒大家留意回 調風險。而家睇返，股價不僅冇回調，仲升上113.6元，完全符合當時「沿通道頂部運行」嘅預判。 最新資料顯示，支撐位已經上移，近線最穩系108.2元，呢個位置系MA10同前期平臺嘅雙重支撐，跌穿先至要睇104.3元嘅強支撐；阻力就好清晰，先睇 114.6元，過咗呢關就有機會挑戰120.5元高位，畢竟高盛都睇到120，資金自然會睇住呢兩個點位做部署。 技術面來講，總信號依舊系賣出但強度僅9，RSI 69點接近超買區，不過牛熊力量同MACD都有買入信號，簡單講就系多空喺度拗手瓜，上升概率53%，雖 然唔算一面倒，但勝在有息差利好托底。 想瞭解更多港股窩輪及牛熊證深度分析，請立即關注「港股窩輪 Jenny」，掌握市場先機！ | 相關資產 | 名稱 | 産品 | 植桿 | 行作 | | --- | --- | --- | --- | --- | | 匯豐(00005) ...

Market Overview - The Hang Seng Index (HSI) has support at 25,824 and resistance at 27,862, with a cumulative increase of 3.2% since November, driven by financial and technology stocks [1] - The Hang Seng China Enterprises Index (HSCE) has support at 9,187 and resistance at 9,891, benefiting from favorable policies for domestic real estate stocks and improved profitability in the energy sector [1] - The Hang Seng Tech Index (HSTECH) has support at 5,596 and resistance at 6,389, with a 5% increase in financing for technology stocks in November, indicating a rebound in AI chips and cloud computing sectors [1] Company Highlights - CK Hutchison (00001) plans to increase its stake in UK telecom assets, with its stock price rising 4.15% to HKD 55.25 following the announcement [1] - HSBC (00005) reported Q3 net profit exceeding expectations and plans to increase its dividend payout, boosting trading activity in the Hong Kong banking sector [1] - Tencent (00700) saw a 15% increase in Q3 gaming revenue, with its AI model being applied in financial scenarios, while shareholder Prosus announced a delay in share reduction [2] - SMIC (00981) received increased investment from the National Integrated Circuit Fund, achieving a 98% utilization rate for its 14nm production capacity, with a projected 30% net profit increase in H1 2025 [2] - Kuaishou (01024) reported a 22% increase in advertising revenue for H1 2025, with daily active users for short drama content exceeding 100 million and a 17.6% year-on-year increase in e-commerce GMV [2] - BYD (01211) sold over 300,000 new energy vehicles in October, with overseas factories commencing production and supply chain cost optimization enhancing profits [2] - Meituan (03690) experienced a 20% increase in instant retail order volume in Q3, securing exclusive partnerships with several supermarkets [2]

（文章来源：每日经济新闻） 每经AI快讯，Wind数据显示，11月12日，共1只港股获公司回购，粉笔获公司回购62.0万港元。截至11 月12日，今年已有245只港股获公司回购，58只个股年内累计回购金额超亿港元。其中，腾讯控股、汇 丰控股、友邦保险年内累计回购金额最大，分别获公司回购609.65亿港元、302.57亿港元和176.93亿港 元。 ...

这使得Tether成为市场上最大的黄金买家之一——这一统计尚未包含其黄金稳定币（XAUT）的黄金储 备，也未计入用Tether数十亿美元利润进行的私人黄金投资。该公司还已入股黄金供应链的其他环节， 包括特许权公司。 近年来，Tether在贵金属领域积极扩张，已积累起全球规模最大的黄金储备之一——且这一储备不属于 银行或主权国家，是其超1800亿美元储备资产的一部分。汇丰是贵金属领域的巨头，被广泛认为是仅次 于摩根大通的行业领导者，业务涵盖期货交易、金库存储及全球金条运输。 多米安目前担任伦敦金银市场协会（London Bullion Market Association）董事，该协会是全球黄金市场 事实上的标准制定机构。他于2019年从法国兴业银行（Societe Generale SA）加盟汇丰，2022年出任全 球金属交易主管。奥尼尔则自2008年起效力于汇丰。 在人才竞争日益激烈的当下，两人的离职对汇丰贵金属业务是一记打击。今年以来，黄金价格创下1979 年以来最佳年度表现，接连打破纪录，贸易公司、对冲基金和银行纷纷扩充贵金属专业团队。 Tether旗下旗舰美元稳定币（USDT）的储备资产中包含黄金，其 ...

（文章来源：每日经济新闻） 每经AI快讯，Wind数据显示，11月11日，共2只港股获公司回购，康臣药业、百宏实业分别获公司回购 296.92万港元、4.65万港元。截至11月11日，今年已有244只港股获公司回购，58只个股年内累计回购金 额超1亿港元。其中，腾讯控股、汇丰控股、友邦保险年内累计回购金额最大，分别获公司回购609.65 亿港元、302.57亿港元和176.93亿港元。 ...

智通财经APP获悉，周二，美股三大指数涨跌不一。恒生指数ADR下跌，按比例计算，收报26678.91点，较香港收市跌17.50或0.07%。 | .HSIADR 恒生指数ADR | | | --- | --- | | 26678.91 ↓ -17.50 -0.07% | 收盘价 11/11 16:00 美东 | | 二四月同日 | | | 最高价 26780.49 开盘价 26644.21 | 成交量 3978.86万 | | 最低价 26590.87 昨收价 26696.41 | 平均价 26685.68 | | 52周最高 27275.90上 涨 -- | 平 智 - | | 52周最低 18856.77下 跌 -- | 振 幅 0.71% | | 800000 恒生指数 26696.41 +47.35 +0.18% | | 大型蓝筹股多数上涨，汇丰控股收报112.744港元，较香港收市涨0.31%；腾讯控股收报651.079港元，较香港收市涨0.17%。 | 序号 名称 | | 港股代码 | 最新价 | 涨跌额 | 涨跌幅 | ADR代码 | ADR换算价 | 较港股升跌 | 较港股升跌% | ADR ...