环球市场动态：需求支撑短期港元偏强运行

Market Overview - A-shares surged in the afternoon, with the Sci-Tech 50 index rising 3.23%, reaching a new high for the year[3] - The Hang Seng Index increased by 0.17%, recovering above 25,000 points, led by new consumption stocks[11] - European markets showed mixed performance, with the Stoxx 600 index up 0.23% while the DAX index fell by 0.6%[9] Currency and Commodities - The U.S. dollar index remained stable, while international gold and copper prices increased[4] - U.S. crude oil prices rose over 1% due to a decrease in oil inventories, with WTI crude at $63.21 per barrel[28] - The Hong Kong Monetary Authority's liquidity release has led to a temporary decrease in HKD demand, but recent trends indicate a recovery in HKD demand and interest rates[6] Fixed Income - U.S. Treasury yields saw slight declines, with the 2-year yield at 3.74% and the 10-year yield at 4.29%[32] - The FOMC minutes indicated that officials view inflation as a greater risk, but the market impact remains limited[5] Key Corporate Developments - Target's stock fell by 6.33% after announcing a new CEO despite better-than-expected quarterly results[9] - Semiconductor stocks, particularly in AI, saw significant gains, with stocks like Cambrian Technologies reaching new highs[16] Investment Insights - The IPO activity on the Hong Kong Stock Exchange is expected to continue growing, supported by increased southbound capital inflows[6] - The shipping industry is advised to focus on structural opportunities amid weak demand, particularly in container and oil transportation sectors[20]