中泰国际：数字更优于预计，数字更优于预计

Market Performance - The Hang Seng Index and the National Enterprises Index closed at 26,572 points and 9,398 points, respectively, with weekly increases of 1.3% and 1.4%[1] - Total trading volume in Hong Kong stocks was HKD 116.49 billion, similar to the previous week's HKD 115.18 billion, indicating a cautious market sentiment[1] Sector Performance - Healthcare, real estate, consumer staples, materials, and energy sectors rose by 7.2%, 5.0%, 3.8%, 3.0%, and 2.5% respectively, while consumer discretionary, industrials, and utilities fell by 0.8%, 0.7%, and 0.1%[1] - JD Health (6618 HK) and China Resources Mixc Lifestyle (1209 HK) led the blue-chip stocks with increases of 15.6% and 12.8%, while Xinyi Solar (968 HK) and Baidu Group (9888 HK) saw declines of 6.3% and 5.9%[1] Economic Indicators - China's fixed asset investment in October decreased by 1.6%, a larger drop than September's 0.1%[3] - The industrial value-added growth for October was 4.9%, down from 6.5% in September[3] - Hong Kong's GDP grew by 3.8% year-on-year in Q3, up from 3.1% in Q2, prompting the government to raise its full-year growth forecast from 2-3% to 3.2%[3] Consumer Trends - Retail sales in October reached CNY 4.6291 trillion, with a year-on-year increase of 2.9%[4] - The new round of national subsidies and the early start of the Double 11 shopping festival contributed to the upward trend in retail sales[4] - The consumer sector in Hong Kong saw a significant rebound, with an average increase of 7.7% in new consumption stocks last week[4] Industry Developments - The healthcare index rose by 6.8%, outperforming the Hang Seng Index, with notable gains in innovative drug stocks[4] - The energy sector faced declines, particularly in the solar panel segment, with Xinyi Solar and other companies experiencing significant drops due to falling silicon prices[5] - Recent policy revisions by the National Development and Reform Commission aim to support the natural gas supply chain, benefiting downstream operators[5]