宏观经济深度研究 在交汇中重塑平衡 ——2026 年香港经济展望 2026 年的中国香港，正立于全球混沌调整与中国破局开新的交汇点上。尽管世 界经济处于旧均衡解构与新均衡生成的过渡阶段，但香港凭借制度稳健、财政 健康与金融互联，展现出强大的韧性与支撑力。南向资金持续净流入，人民币 国际化稳步推进，香港金融体系在复杂环境中依旧保持稳健运行。政策层面 上，香港正加速推动经济结构升级。绿色金融、再工业化与创新科技成为增长 新引擎，北部都会区发展建设为产业拓展注入新动能。与此同时，金融市场改 革、科技投融资创新与可持续金融体系的建设不断深化，持续增强了香港作为 国际金融中心的核心竞争力。总体而言，香港正以更清晰的制度框架、更开放 的金融环境和更坚实的创新基础，稳步实现经济结构优化与长期竞争力提升， 预计 2026 年香港经济将继续保持温和增长， GDP 增速有望达到 3.5% 左右， 2025 – 2029 年间有望保持 3% 左右的经济增速，显著高于欧美等发达经济体。 外部扰动：全球金融动荡的共振节点 香港经济的高开放度，使其对全球货币与资本周期的反应尤为敏感。联系汇率 制度下，港元利率与美元利率呈高同步性，美联储 ...

人民财讯11月19日电，11月19日，第十九届深圳国际金融博览会开幕，"2025中国金融机构年会暨中国 证券业资产管理高峰论坛"同步举行。东方基金副总经理张晓丹接受券中社记者采访时表示，东方基金 始终将服务实体经济、帮助投资者分享经济发展成果作为根本宗旨。在产品布局上，公司紧密围绕经济 转型与产业升级主线，先后在创新科技、新能源汽车、人工智能、低碳经济等行业进行了布局，旨在深 耕中国经济转型和产业升级的细分领域，引导资金流向国家战略支持的重点领域；布局了绿色普惠主题 金融债券基金和养老目标FOF等产品，力争满足不同类型投资者的多元化投资需求。 ...

Core Insights - The article highlights the significance of the short film "Running Towards Light and Shadow," directed by Dai Mo, which commemorates the 120th anniversary of Chinese cinema and showcases the capabilities of Huawei's Mate 80 series [1][3] - The film serves as a tribute to both the history of Chinese cinema, starting from 1905, and the advancements in Chinese technology, particularly in mobile imaging [1][3] Group 1 - The short film was shot using the Huawei Mate 80 series, emphasizing its video shooting capabilities, including clear image quality and accurate color reproduction [3] - The film demonstrates the Mate 80 series' performance in complex lighting conditions, showcasing excellent dynamic range and detail in both highlights and shadows, indicating a significant advancement in video capabilities [3] - Huawei's continuous innovation in chip technology and operating systems is highlighted, positioning the company as a leader in mobile imaging technology alongside the film industry [3]

Core Viewpoint - DJI has confirmed its investment in a 3D printing company, highlighting its confidence in the growth potential of consumer-grade 3D printing technology and its alignment with the company's innovative technology strategy [1] Company Summary - DJI's investment is based on the belief in the development potential of consumer-grade 3D printing technology and the industry's growth potential [1] - The investment aligns with DJI's consistent philosophy of innovation and forward-looking strategy [1] Industry Summary - The founder of Tuo Zhu Technology, Tao Ye, mentioned in a social media post that DJI has invested in a 3D printing company, indicating that the agreement includes specific clauses related to Tuo Zhu [1] - Tuo Zhu Technology, founded by Tao Ye in 2020, focuses on bringing industrial-grade 3D printing technology to the consumer market [1]

Core Points - The 15th Asian Logistics and Maritime Conference (ALMAC) will be held in Hong Kong on November 17-18, focusing on enhancing Hong Kong's position as an international shipping and air transport hub [1][2][3] Group 1: Conference Details - The theme of this year's conference is "New Trade Landscape: Creating Growth Together for Win-Win Cooperation" [1] - The event is co-organized by the Hong Kong SAR Government and the Hong Kong Trade Development Council (HKTDC) [2] - Over 80 industry leaders are expected to speak, with participation from approximately 2,300 individuals from over 40 countries and regions [2] Group 2: Industry Focus - The conference will concentrate on three main industry advantages: supply chain transformation and emerging market opportunities, sustainable development and green energy, and innovative technology [2] - The HKTDC aims to promote high-value supply chain services in Hong Kong and encourage businesses to explore global market opportunities, particularly in the Middle East and ASEAN markets [2] - The logistics industry in Hong Kong is encouraged to leverage its role as a "super connector," especially with the recent increase in air freight volume to Central Asia [2]

Group 1: Core Themes of the Expo - The China International Import Expo (CIIE) serves as a platform for global cooperation, showcasing China's commitment to high-level openness and injecting new vitality into the world economy [1][6] - The event highlights the importance of innovation and technology, with numerous companies launching new products and technologies, transforming them from exhibits to market-ready goods [2][3] Group 2: Innovation and Technology - The expo features 461 new products, technologies, and services, with companies like BD Medical showcasing innovative solutions in healthcare [1][2] - Companies such as Yuanhua Intelligent Technology are rapidly iterating their products, demonstrating the expo's role as an accelerator for technological advancement [2] - Siemens has established a comprehensive ecosystem in China, including 20 R&D centers and 24 manufacturing bases, emphasizing the expo's role in gathering global innovation elements [2] Group 3: Silver Economy - The "silver economy" is gaining momentum, with various companies developing products tailored for the aging population, reflecting a shift from "elder care" to "enjoying old age" [1][3] - The market for the silver economy in China is projected to reach 8.3 trillion yuan in 2024 and 25 trillion yuan by 2030, indicating significant growth potential [3] Group 4: Customization and Market Potential - Many overseas companies are leveraging the vast Chinese market to test new products and create customized offerings, exemplifying a "two-way rush" to the Chinese market [5] - Companies like Aqualair and Pica are adapting their products to meet the specific needs of Chinese consumers, showcasing the importance of localization in product development [5] Group 5: Open Trade and Global Cooperation - The expo is positioned as a response to rising protectionism, with China demonstrating its commitment to expanding openness and sharing economic benefits with the world [6] - The event has garnered positive feedback from foreign enterprises, with many expressing intentions to increase or maintain investments in China, reflecting confidence in the Chinese market [6]

Core Insights - "Innovation technology" and "going global" are identified as key themes for Hong Kong enterprises participating in the 8th China International Import Expo [1] - The Hong Kong Trade Development Council (HKTDC) has been actively organizing participation in the expo for eight consecutive years, with 380 Hong Kong companies attending this year [1] - The event aims to promote Hong Kong's quality brands and services to mainland and international buyers, encouraging mainland enterprises to utilize Hong Kong's professional services for global opportunities [1] Group 1 - The HKTDC hosted a promotional event titled "Hong Kong: The Preferred Platform for Mainland Enterprises Going Global," attracting over 500 business representatives [1] - This year, 54 out of the 380 participating Hong Kong companies joined through the HKTDC, showcasing diverse professional services [1] - The "Hong Kong Food Pavilion" and "Hong Kong Service Industry Pavilion" were highlighted as platforms for promoting Hong Kong's quality brands and products [1] Group 2 - Innovative technology companies from Hong Kong, such as Yiling Technology, showcased their latest products at the expo, demonstrating growth from initial market entry to a complete industrial chain [2] - Yiling Technology's new home-use liver fat measurement device represents an evolution of their previous portable medical equipment, aiming to enhance public health monitoring [2] - Hong Kong is recognized as a vital platform for Shanghai enterprises to expand overseas, with over 2,400 Shanghai companies investing in Hong Kong across various sectors [2] Group 3 - The Hong Kong SAR Government's Innovation and Technology Bureau and the Hong Kong Investment Promotion Agency held specialized meetings to foster collaboration between Hong Kong and Shanghai institutions and enterprises [3]

Core Insights - The China International Import Expo (CIIE) serves as a significant platform for global trade, showcasing China's commitment to high-level opening-up and providing vast opportunities for international businesses [1][3][17] - The eighth CIIE features participation from 155 countries and regions, with over 4,108 foreign enterprises exhibiting, marking record highs in both exhibition area and number of companies [2][3] - The event has facilitated substantial business interactions, with past expos generating over $500 billion in intended transactions and showcasing around 3,000 new products and technologies [3][20] Group 1: Participation and Scale - The eighth CIIE will host 290 Fortune 500 companies and industry leaders, highlighting the event's global significance [2] - The exhibition area exceeds 430,000 square meters, reflecting a growing interest from international businesses [2][3] - Countries like Thailand, UAE, Nigeria, Georgia, Sweden, and Colombia are participating as guest countries, indicating a diverse international presence [5] Group 2: Business Opportunities - Companies like doTERRA have seen significant growth in China, with plans to make it their largest market by 2030, showcasing the potential for foreign businesses in the Chinese market [5] - The expo has enabled companies to transition from exhibitors to investors, with many firms expanding their operations in China [10][14] - The event is a bridge for global innovation, allowing companies to quickly convert exhibits into market-ready products [13][21] Group 3: Innovation and Technology - The eighth CIIE will feature 461 new products and technologies, including innovations in medical devices and AI, emphasizing China's role as a hub for global innovation [11][12] - Companies are leveraging the expo to introduce cutting-edge technologies, such as humanoid robots and advanced medical equipment, to the Chinese market [11][13] - The event supports the introduction of new industries and consumption patterns, including low-altitude economy and digital health [12][20] Group 4: Economic Impact - China is projected to import over $15 trillion in goods and services during the 14th Five-Year Plan, contributing approximately 30% to global economic growth [20] - The expo is a key platform for promoting trade and investment, with a focus on mutual benefits and cooperation among nations [3][17] - The participation of companies from developing countries has increased significantly, reflecting China's commitment to inclusive growth [20]

Group 1 - The Hong Kong Securities and Futures Commission (SFC) and the Hong Kong Stock Exchange (HKEX) are expected to consult on optimizing the dual-class share listing rules to facilitate the listing of Chinese companies in the U.S. on the Hong Kong market [1] - The SFC Chairman emphasized the importance of protecting minority shareholders' interests while discussing potential relaxations on voting rights for dual-class shares [1] - The definition of "innovation industry" may need to be re-evaluated to prevent ineligible companies from being included under the new rules, ensuring market fairness and coherence in the WVR sector [1] Group 2 - The recent discussions on the reform of the new share pricing and allocation mechanism aim to ensure fair distribution of shares between institutional investors and retail investors [2] - The SFC trusts that professional institutional investors can play a positive role in the IPO pricing process, and if this premise fails, the mechanism will need to be reassessed [2]

Core Points - The Hong Kong Financial Secretary, Paul Chan, will lead a delegation to Riyadh, Saudi Arabia, to promote collaboration between Hong Kong and mainland enterprises, aiming to explore greater business opportunities and deepen economic, financial, and technological ties with the Middle East [1] - The delegation consists of approximately 40 members, including representatives from various financial institutions and companies in sectors such as artificial intelligence, biomedicine, e-commerce, green energy, and construction technology [1] - The delegation will participate in the 9th Future Investment Initiative, where Paul Chan will engage in discussions, deliver speeches on Hong Kong's latest developments and opportunities, and meet with local officials and business leaders [1] Group 1 - The visit aims to enhance Hong Kong's advantages and promote both Hong Kong and China's narratives [1] - The delegation includes representatives from key organizations such as the Hong Kong Investment Promotion Agency and the Hong Kong Stock Exchange [1] - Activities will include business matching events with local enterprises [1] Group 2 - Paul Chan is scheduled to return to Hong Kong on October 31, with the Deputy Financial Secretary, Christopher Hui, acting in his capacity during his absence [1]