Market Performance - Hang Seng Index (恒指) rose by 251 points or 1%, closing at 26,158 points[1] - Shanghai Composite Index (滬指) increased by 21 points or 0.6%, ending at 3,976 points[2] - Total market turnover reached HKD 228.68 billion[1] Economic Indicators - People's Bank of China conducted a reverse repurchase operation of CNY 78.3 billion at a rate of 1.4%[2] - China's October Manufacturing PMI fell to 50.6, slightly below the expected 50.7[2] - Logistics industry index for October was 50.7, down 0.5 percentage points month-on-month, indicating slight retraction but overall demand remains expansive[3] Corporate Developments - Chow Tai Fook (周大福) announced price adjustments for certain gold products due to new tax policies[4] - Starbucks (SBUX.US) will form a joint venture with Boyu Capital, with an investment of approximately USD 4 billion for a 60% stake[4] - Sa Sa (莎莎) expects net profit for the six months ending September to be between HKD 48.5 million and HKD 50.5 million, a year-on-year increase of 50% to 56%[4]
宝通证券:港股每日策略-20251104
2025-11-04 03:23