恒指跌76點，滬指跌13點，標普500升17點

Market Performance - The Hang Seng Index (HSI) fell by 76 points or 0.3%, closing at 26,923 points after fluctuating between a high of 27,206 points and a low of 26,808 points[1] - The National Index dropped by 48 points or 0.5%, ending at 9,266 points, while the Hang Seng Tech Index decreased by 79 points or 1.4%, closing at 5,828 points[1] - Total market turnover for the day was HKD 290.455 billion[1] Currency and Monetary Policy - The RMB/USD central parity rate was adjusted up by 56 points to 7.0064, marking the highest level since May 18, 2023[2] - The People's Bank of China (PBOC) conducted a 1,793 billion RMB reverse repo operation at a rate of 1.4%, with a net injection of 1,753 billion RMB for the day[2] Loan and Money Supply Data - As of the end of December, the total outstanding loans in China reached 275.74 trillion RMB, growing by 6.2% year-on-year[3] - The broad money supply (M2) was 340.29 trillion RMB, increasing by 8.5%, surpassing market expectations of 8%[4] - The narrow money supply (M1) was 115.51 trillion RMB, with a year-on-year growth of 3.8%, slightly below the expected 3.9%[4] Corporate Earnings - TSMC reported a quarterly net profit of 505.7 billion TWD (approximately 16.01 billion USD), a 35% increase year-on-year, with a quarterly revenue of 1,046.1 billion TWD (approximately 33.73 billion USD)[4] - Luoyang Molybdenum Co. expects a net profit attributable to shareholders between 20 billion and 20.8 billion RMB for 2025, representing a growth of 47.8% to 53.7% compared to the previous year[5]