亚太市场的国债和外汇皆出现重大波动！ 韩国金融市场监督机构负责人周一表示，在韩元持续疲软的情况下，当局将审查针对散户投资者的外汇风险保护措施。"从保护消费者的角度出发，我们将 审查金融公司是否充分说明了与海外投资外汇风险对冲有关的事项。" 02 日本可能仍是风险源 北京时间12月1日午后，印度卢比兑美元跌至纪录新低88.49。欧元、英镑、澳元、瑞郎、韩元、印尼卢比等全线杀跌。更值得注意的是，今天印度、越 南、韩国、马来西亚、新加坡和日本的国债市场全线走低。 一时间，山雨欲来风满楼。比特币跌破8.6万美元，24小时跌幅近6%。美股期货跌幅逐步扩大，纳斯达克100指数期货跌近0.9%，标普500股指期货跌近 0.7%，道琼斯指数期货跌0.45%。 那么，究竟发生了什么？ 01 大风暴 12月1日，杀跌不止日本国债和股市，亚太其它地方的市场亦受到了较大波及。印度各期限国债亦是多数杀跌，越南各期限国债全线杀跌，马来西亚短期 （3周、3个月和7个月）国债收益率暴涨，对应的也是国债暴跌。韩国国债多数出现了1%以上的跌幅。 | 名称 = | 最新价 前值 高 低 涨跌 : | 涨跌幅 ÷ | 时间 = | | --- | ...

Core Viewpoint - The article highlights significant volatility in the Asia-Pacific market, particularly in government bonds and foreign exchange, with the Indian Rupee hitting a record low against the US Dollar and widespread declines in bond markets across several countries [2][4]. Group 1: Currency Market Movements - The Indian Rupee fell to a record low of 88.49 against the US Dollar, with concerns that it may breach the 90 mark [2][5]. - Other currencies, including the Euro, Pound, Australian Dollar, Swiss Franc, Korean Won, and Indonesian Rupiah, also experienced declines [2]. - The article notes that the Indian central bank may intervene to support the Rupee, which has seen significant depreciation [5][6]. Group 2: Bond Market Trends - The bond markets in India, Vietnam, Malaysia, and South Korea all saw declines, with Malaysian short-term bonds experiencing a surge in yields [4][5]. - Specifically, Malaysian 3-week, 3-month, and 7-month bonds reported yield increases of 308,000%, 310,000%, and 311,000% respectively, indicating severe market stress [5]. - South Korean bonds also showed declines, with many experiencing drops of over 1% [4]. Group 3: Japanese Market Dynamics - Japan's bond market faced significant declines, with the Nikkei index dropping by 1.89% and the 20-year bond yield reaching its highest level since 1999 [7]. - The Bank of Japan's hawkish stance on interest rates suggests potential future increases, which could impact market stability [7]. - Analysts warn that Japan's position as a major creditor could lead to global market disruptions if it sells off US Treasuries to support the Yen [7].

为应对这一急剧变化的外汇市场形势，韩国政府多个部门于11月24日召开紧急会议，讨论稳定市场的具 体举措。据报道，此次会议由财政部牵头，韩国央行、保健福祉部及国民年金公团共同参与。会议重点 聚焦于如何有效缓解韩元贬值压力，并评估可能采取的干预手段。 韩元大幅贬值虽在一定程度上利好出口企业，但亦加剧了进口成本上升压力，可能推高国内通胀，尤其 对能源与食品等民生必需品价格形成传导效应。在全球货币政策分化加剧、地缘经济不确定性上升的背 景下，韩国金融当局面临的政策挑战显著增加。对美元兑韩元汇率而言，1500将是一个至关重要的关 口。若该汇率突破这一关口，可能推动韩国当局下场干预汇市。 韩国金融市场监督机构负责人周一表示，在韩元持续疲软的情况下，当局将审查针对散户投资者的外汇 风险保护措施。韩国金融监督管理局局长李灿镇(Lee Chan-jin)在新闻发布会上表示："从保护消费者的 角度出发，我们将审查金融公司是否充分说明了与海外投资外汇风险对冲有关的事项。" 此前，韩国政府宣布当局将对散户投资者保护措施进行检查。李灿镇对此发表评论称，当局并不打算对 海外股票投资实施监管。他还表示，目前没有迹象表明金融公司在外汇风险敞 ...

Core Viewpoint - Sanmu Group's stock reached the daily limit with a price of 5.97 yuan, reflecting a 9.94% increase, attributed to improved corporate governance, shareholder support, and effective foreign exchange risk hedging [1][2]. Group 1: Corporate Governance and Financial Support - The company has recently revised and improved 14 internal systems related to investor relations, information disclosure, and risk control, enhancing governance standards and boosting investor confidence [2]. - Sanmu Group received a low-interest loan of 150 million yuan from its controlling shareholder, alleviating some financial pressure and demonstrating shareholder support [2]. Group 2: Foreign Exchange Risk Management - The company engaged in foreign exchange derivative trading worth 130 million USD, implementing a comprehensive risk control system to hedge against currency risks [2]. - Sanmu Group holds high-quality commercial properties valued at 2.526 billion yuan, providing asset support [2]. Group 3: Cash Flow and Market Sentiment - The net cash flow from operating activities improved from -175 million yuan to -2.18 million yuan in the third quarter, indicating better cash flow management [2]. - The stock was included in the "Dragon and Tiger List" on November 10, with a trading volume of 407 million yuan, reflecting high market attention despite net selling by retail and institutional investors [2]. Group 4: Industry Outlook - The national government is encouraging the development of emerging industries and the transformation of the manufacturing sector, which may lead to market expectations for Sanmu Group's future developments, even though the company has not yet clarified its positioning in these areas [2].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈的內容概不負責，對其準確性或完整 性亦不發表任何聲明，並明確表示，概不對因本公佈全部或任何部分內容而產生或因倚賴該等內容而 引致的任何損失承擔任何責任。 本公司謹此補充，有關合作將委任經驗豐富的第三方服務提供者（「服務提供者」）， 為本集團提供包括穩定幣結算在內的金融解決方案，旨在實現跨境支付並有效規避外 匯風險（該方案既供本集團自用，亦可作為解決方案服務向客戶提供）。此舉完全基於 本公司對沖外匯風險的實際需求。過往經營中，本公司曾飽受匯率劇烈波動、高昂交 易手續費及冗長結算週期之苦。鑒於東盟地區持續的地緣政治不確定性，當地貨幣可 能面臨進一步波動。本公司在東盟地區從事消費電子、企業增值服務及雲計算解決方 案分銷業務，涉及大量境外上游供應商及客戶，長期承受人民幣、新加坡元、泰銖、 菲律賓比索及印尼盾等多幣種匯率波動風險。通過實施創新型支付系統，本集團將有 效降低運營成本，並顯著提升盈利穩定性。 儘管創新支付系統的運營對本公司（包括其董事及高級管理層）而言是一項全新業務， 但本公司相信服務提供者的專業知識將有助於為本集團成功實施並管理定制化的交易 解決方案 ...