Market Overview - The Hong Kong stock market experienced a decline, with the Hang Seng Index dropping 0.48% to close at 26,829.46 points, while the total trading volume reached 173.8 billion HKD [1] - The market is expected to enter a "low season" due to the impact of the National Day and Mid-Autumn Festival holidays, compounded by uncertainties surrounding the U.S. government's short-term financing plan [1] Blue-Chip Stocks Performance - Geely Automobile (00175) saw a notable increase of 3.36%, closing at 19.67 HKD, contributing 6.07 points to the Hang Seng Index. The company announced a share buyback plan worth up to 2.3 billion HKD, indicating management's belief that the stock is undervalued [2] - Other blue-chip stocks included Hengan International (01044) up 3.46%, NetEase-S (09999) up 2.92%, while Semiconductor Manufacturing International Corporation (00981) and CNOOC (00883) saw declines of 1.7% and 1.39%, respectively [2] Sector Performance Gold Stocks - Gold stocks performed strongly, with several companies reaching new highs. Chifeng Jilong Gold Mining (06693) rose 13.26%, China Silver Group (00815) increased by 12.5%, and Shandong Gold (01787) was up 7.61% [3] - Spot gold prices surpassed 4,000 USD per ounce, marking a year-to-date increase of nearly 1,400 USD per ounce, or over 52% [3] Cryptocurrency Stocks - Cryptocurrency-related stocks faced declines, with Boyaa Interactive (00434) down 8.48% and Okcoin Chain (01499) down 7.69%. The drop in Bitcoin futures contributed to the negative sentiment in this sector [4] Cloud Computing Stocks - Cloud computing stocks were negatively impacted by disappointing profit margins reported by Oracle's cloud business, with Mingyuan Cloud (00909) down 4.92% and Alibaba-W (09988) down 1.61% [4][5] Notable Stock Movements - Changfeng Pharmaceutical (02652) debuted with a significant increase of 161.02%, closing at 38.5 HKD, following a successful IPO [7] - Xinjiang Xin Mining (03833) continued its upward trend, closing up 16.88% at 3.6 HKD, driven by plans to issue A-shares [7] Industry Developments - The U.S. government is actively working to rebuild its rare earth industry, with discussions to invest in Critical Metals, which could provide direct ownership of Greenland's largest rare earth project [8] - Jiangxi Copper (00358) reached a new high, closing up 6.02% at 35.2 HKD, amid expectations of a copper supply shortage due to the Grasberg mine's shutdown [9]

Market Performance - On October 7, US stock indices collectively dropped, with the Dow Jones down 0.2%, Nasdaq down 0.67%, and S&P 500 down 0.38% [1] - Major tech stocks mostly declined, with Tesla falling over 4% and Google down over 1% [3] - Cryptocurrency concepts and semiconductor equipment saw significant declines, with Strategy down over 8%, KLA down over 7%, and ASML down nearly 4% [4] Sector Performance - Coal and consumer goods sectors rose, with Estée Lauder up over 4%, and Procter & Gamble and Kimberly-Clark both up over 1% [5] Notable Stock Movements - Trilogy Metals surged 211% after reports indicated the company received investment from the US government and project approval [6] - The Nasdaq Golden Dragon China Index fell 2.24%, with notable declines in popular Chinese stocks such as Century Internet down over 6% and Alibaba down over 3% [6] Federal Reserve Outlook - According to CME's FedWatch, the probability of the Federal Reserve maintaining interest rates in October is 5.4%, while the probability of a 25 basis point cut is 94.6% [8] - For December, the probability of maintaining rates is 0.6%, with cumulative probabilities for rate cuts of 25 basis points at 16.0% and 50 basis points at 83.4% [8] Commodity Prices - COMEX gold futures rose 0.79% to $4007.9 per ounce, while COMEX silver futures fell 1.64% to $47.655 per ounce [9] - New York oil prices saw a slight increase, with light crude oil futures for November up 4 cents to $61.73 per barrel, a rise of 0.06% [9]

Core Viewpoint - Cryptocurrency-related stocks in the US experienced significant gains, driven by a surge in Bitcoin and Ethereum prices [1] Group 1: Stock Performance - IREN Ltd (IREN.US) rose over 11% [1] - Bitmine Immersion Technologies (BMNR.US) increased by more than 8% [1] - Riot Platforms (RIOT.US) saw a rise of over 9% [1] - Bullish (BLSH.US) gained over 5% [1] - Strategy (MSTR.US) was up 2.7% [1] - Circle (CRCL.US) increased by more than 1.8% [1] Group 2: Cryptocurrency Price Movement - Bitcoin surpassed the $125,000 mark [1] - Ethereum experienced an intraday increase of nearly 3% [1]

Group 1 - The Hang Seng Index fell by 0.87%, down 237 points, closing at 27,049 points, while the Hang Seng Tech Index dropped by 1.44% [1] - Nuclear power stocks rose collectively, with spot uranium prices increasing from $76.03 to $83 during September, leading institutions to be optimistic about continued price increases in the second half of the year [1] - China National Nuclear Power (02302) surged over 18%, while China General Nuclear Power (01164) rose over 4% [1] - Dazhong Public (01635) increased over 28%, reaching a new high since its listing, with a cumulative rise of 80% over the past month [1] - Bitcoin prices surpassed $120,000, boosting cryptocurrency-related stocks, with Jinyong Investment (01328) and Yunfeng Financial (00376) both rising by 7% [1] - Shuangdeng Co. (06960) rose over 14%, positioning itself in the AIDC energy storage sector and gradually entering high-end markets in North America [1] - Shanghai Electric (02727.HK) increased over 12%, with new developments in the nuclear fusion sector and investments in robotics and emerging industries [1] - Saijing Technology (00580) rose over 8%, with significant revenue growth from self-developed IGBT chip business and previous orders related to nuclear fusion [1] Group 2 - Likin Resources (02245) rose over 6%, reaching a new high, as cobalt prices are expected to rise, benefiting the company's nickel production capacity in Indonesia [2] - Gold stocks generally declined due to a drop in gold prices, with companies like Jihai Resources (02489), China Silver Group (00815), and Chifeng Gold (06693) experiencing declines of 3.52%, 4.35%, and 3.32% respectively [2]

Group 1 - The U.S. stock market experienced fluctuations due to weak ADP employment data for September, with the Dow Jones index up 0.02%, the Nasdaq Composite down 0.12%, and the S&P 500 down 0.05% [1] - U.S. storage concept stocks saw a collective rise, with SanDisk up over 8%, Micron Technology and Seagate Technology up over 4%, and Western Digital up over 3%, all reaching historical highs [1] - Solid-state battery concept stocks surged, with American Lithium Corp (LAC) up over 21%, QuantumScape up over 18%, Plug Power up nearly 15%, and Microvast up nearly 5% [1] Group 2 - Bitcoin's intraday gains expanded to nearly 3%, surpassing $117,000, while Ethereum rose over 4% to $4,308.8 [1] - Cryptocurrency-related stocks continued to rise, with Strategy up over 6%, MARA Holdings up over 5%, and CleanSpark up over 4% [1]

Group 1 - The cryptocurrency sector is experiencing significant declines, with Okex Chain (01499) down 5.13% to HKD 0.37, Guotai Junan International (01788) down 4.51% to HKD 4.87, and OSL Group (00863) down 4.45% to HKD 15.25 [2] - The China Securities Regulatory Commission (CSRC) has informally requested some brokerages to suspend their real-world asset (RWA) tokenization business in Hong Kong to enhance risk management and ensure that issuances are backed by real assets [2] - Hong Kong is actively working to establish itself as a digital asset hub, while China has prohibited cryptocurrency trading and mining since 2021 and recently required major brokerages to halt stablecoin research [2]

Core Viewpoint - The U.S. stock market opened higher, with the Nasdaq Composite Index reaching a new historical high, while the Nasdaq China Golden Dragon Index experienced a decline [1] Group 1: U.S. Stock Market Performance - The Nasdaq Composite Index rose by 1.00%, setting a new historical high [1] - The Dow Jones Index increased by 0.34%, and the S&P 500 Index rose by 0.63% [1] - The Nasdaq China Golden Dragon Index saw a day-to-day decline of 2% [1] Group 2: Notable Company Performances - Nvidia's stock increased by 2.7%, and Intel's stock surged over 27%, marking the largest intraday gain since October 1987, following Nvidia's announcement to acquire $5 billion worth of Intel shares [1] - CrowdStrike's stock rose over 10%, reaching $491.49, marking its seventh consecutive day of gains, driven by the launch of Threat AI, the industry's first intelligent threat intelligence system [1] - Several major banks raised CrowdStrike's target price, with Mizuho increasing it from $430 to $450, Jefferies from $500 to $515, D.A. Davidson from $490 to $515, and Needham from $475 to $535 [1] Group 3: Cryptocurrency Sector Performance - Cryptocurrency-related stocks saw an initial rise, with Bullish surging over 10% after reporting a profitable quarterly result that exceeded expectations [2] - BMNR increased by over 10%, Circle rose by over 5%, and Robinhood gained over 3% [2]

Economic Indicators - US retail sales for August increased by 0.6%, surpassing the forecast of 0.2% and the previous value of 0.5% [11] - The US dollar index fell to its lowest level in over 10 weeks, closing down 0.71% at 96.65 [2][5] - The yield on the benchmark 10-year US Treasury bond closed at 4.0350%, while the 2-year yield closed at 3.5120% [2] Commodity Markets - Spot gold first broke through $3700 per ounce, closing up 0.29% at $3689.46 per ounce [2][5] - WTI crude oil rose by 2.01%, closing at $64.54 per barrel, while Brent crude oil increased by 1.51%, closing at $68.50 per barrel [2][5] Stock Markets - US stock indices showed mixed results ahead of the Federal Reserve's interest rate decision, with the Dow Jones down 0.27%, S&P 500 down 0.13%, and Nasdaq down 0.07% [3] - The Hong Kong Hang Seng Index closed down 0.03% at 26438.51 points, while the Hang Seng Tech Index rose by 0.56% [3] - A-shares saw collective gains, with the Shanghai Composite Index up 0.04%, Shenzhen Component Index up 0.45%, and ChiNext Index up 0.68% [4] Sector Performance - In the Hong Kong market, the automotive parts and tourism sectors showed strong performance, while internet healthcare stocks declined [3] - In the A-share market, robotics stocks surged, with several stocks hitting the daily limit up, while the pork sector experienced significant adjustments [4]

Currency Market - The US dollar index fell by 0.56%, reaching 96.81 points, while the euro rose to 1.1836, the highest level since September 2021 [1] - The USD/JPY decreased by 0.5% to 146.66, and the GBP/USD increased by 0.4559% to 1.3662 [1] Commodity Market - Spot gold surged past $3700 per ounce, marking a 0.56% increase and setting a new historical high, with a total annual increase of $1076 per ounce [2] Stock Market - US stock indices opened slightly higher, with the Nasdaq up 0.22%, S&P 500 up 0.13%, and Dow Jones up 0.08% [3] - WEBTOON's stock rose by 32% following Disney's acquisition of a 2% stake in the company [4] - Wolf Speed, a global silicon carbide manufacturer, saw its stock increase by over 6%, doubling its market value in the last three trading days [5] - The New York Times stock fell approximately 2% due to a $15 billion defamation lawsuit filed by former President Trump [6] - Several cryptocurrency-related stocks saw early gains, with Figure up over 8% and Circle nearly 5% [7] Federal Reserve and Economic Policy - President Trump signed documents for Stephen Milan's appointment to the Federal Reserve, emphasizing the need for the Fed's independence [8] - Milan is expected to participate in the Federal Reserve meeting starting on September 16 [9] - Analysts suggest that at least three Fed governors, including those appointed by Trump, may support a rate cut in the upcoming meeting [11] - The CME FedWatch Tool indicates a 95.8% probability of a 25 basis point rate cut at the September 17 meeting, with a 4.2% chance of a 50 basis point cut [13]

9月10日，港股三大指数继续走强，均录得4连涨行情，皆刷新阶段新高位。截止收盘，恒生指数涨 1.01%站上26000点大关，国企指数涨0.93%，恒生科技指数涨1.27%亦站上9200点上方。 | 名称 | | 最新价 | 涨跌额 | 涨跌幅 | | --- | --- | --- | --- | --- | | 恒生指数 | | 26200.26 | +262.13 | +1.01% | | 800000 | | | | | | 国企指数 | | 9328.16 | +85.76 | +0.93% | | 800100 | | | | | | 恒生科技指数 | my 3 | 5902.69 | +73.95 | +1.27% | | 800700 | | | | GDEC | 盘面上，作为市场风向标的大型科技股持续上涨助力大市上扬，京东涨3.6%，百度涨2.8%，美团涨 2%，腾讯涨1%，阿里巴巴涨0.6%4连升，创近4年新高；大金融股普遍上涨，内银股涨幅相对明显，农 业银行涨3.5%，建设银行涨2.84%；半导体芯片股全天表现活跃，龙头中芯国际涨3.6%，脑机接口概念 股、影视娱乐股、濠赌股、内房股、苹果 ...