Workflow
港美股权重股分化，本周策略一览| 财富周报
Ge Long Hui·2025-09-19 04:36

Market Performance - The Hang Seng Index closed at 26,388.2, up 3.8% for the week, while the Hang Seng Tech Index rose 5.3% to 5,989.3 [1] - The Shanghai Composite Index increased by 1.5% to 3,870.6, and the Shenzhen Component Index rose 2.6% to 12,924.1 [1] - The S&P 500 Index reached 6,584.3, up 1.6%, and the Nasdaq Composite Index climbed 2.0% to 22,141.1 [1] U.S. Economic Indicators - The U.S. August CPI rose 2.9% year-on-year, matching market expectations, and increased 0.4% month-on-month, slightly above the expected 0.3% [4][6] - Core CPI for August was 3.1% year-on-year and 0.3% month-on-month, consistent with expectations [4][6] - The U.S. August PPI increased 2.6% year-on-year, below the expected 3.3%, and showed a month-on-month decline of 0.1% [4][8] Chinese Economic Indicators - China's August CPI decreased by 0.4% year-on-year, below the expected -0.2%, with food prices contributing significantly to the decline [10] - Core CPI in China rose 0.9% year-on-year, marking an expansion for four consecutive months [10] - China's August PPI fell 2.9% year-on-year, aligning with market expectations, but the decline rate narrowed compared to the previous month [10] Stock Market Trends - U.S. stock markets reached new highs, driven by expectations of Federal Reserve interest rate cuts, with notable performance in the technology sector [2] - Oracle's strong cloud business growth led to its largest single-day gain since 1992, boosting optimism in the AI sector [2] - Hong Kong stocks also hit new highs, supported by significant inflows from southbound capital, marking the highest weekly net inflow since May [2] Sector Performance - The technology sector in both U.S. and Hong Kong markets showed strong performance, with major companies like Alibaba and Baidu gaining traction [2] - Policy support in China, such as the optimization of drug trial approvals, positively impacted the pharmaceutical sector [2] - The real estate sector in China saw a collective rise due to relaxed purchase restrictions in major cities [2]