12月11日，香港金融管理局（以下简称"香港金管局"）根据预设公式，将香港的基本利率调整为 4.00%，实时生效。香港金管局介绍，基本利率是用作计算经贴现窗进行回购交易时适用的贴现率的基 础利率。 美国有关部门在当地时间12月10日，调低了联邦基金利率的目标区间25个基点。基于香港的"联系汇率 制度"和维持金融系统稳定的需要，香港的利率水平也会相应调整。由于调整后的美国联邦基金利率目 标区间的下限加50个基点是4.00%，所以根据香港金融管理局的预设公式，将香港的基本利率设定于 4.00%。 香港金管局：美联储利率仍存在不确定性，投资需考虑利率风险 12月11日上午，香港金管局总裁余伟文对记者表示，美国联邦储备委员会（以下简称"美联储"）本次降 息的决定，大致与市场预期差不多。美联储有可能在2026年继续减息，但仍然存在很大的不确定性，其 未来货币政策的走向还需要观察。他说，香港金融市场保持稳健。比较短期的银行同业拆息受到香港本 地市场的因素影响，包括季节性影响、资本市场活动等。而在存贷利率方面，银行也会考虑到多重因 素，评估调整利率的调整幅度。 第三季度服务业收益数据出炉：香港IT服务界及旅游会展向好 本周 ...

Core Viewpoint - Fubon Technology (300387) has confirmed that its overseas business operations are normal and that it has established a global supply chain resilience management mechanism to address potential risks [1] Group 1 - The company aims to enhance its risk resistance capabilities through diversified market strategies and localized operations [1] - Fubon Technology is focused on achieving balanced development between domestic and international businesses [1] - All information will be based on announcements published in legal information disclosure media [1]

Core Viewpoint - The recent reduction in tariffs between the US and China has led to a rebound in Chinese export orders, but many suppliers remain cautious and do not view this as a long-term solution to their challenges [1][3][20]. Group 1: Market Reactions - The US has reduced tariffs on Chinese goods from 145% to 30%, resulting in a swift recovery of foreign trade orders for Chinese suppliers [1]. - Despite the return of orders, suppliers like Mr. Mu express concerns about the volatility of the US market, fearing sudden changes in customer behavior [3]. - Suppliers are increasingly aware that reliance on a single market can be risky, prompting them to diversify their customer base [11][13]. Group 2: Supplier Challenges - Suppliers face additional pressures such as the "fentanyl tax," which further squeezes profit margins, leading to a challenging operational environment [5][7]. - Many suppliers have experienced a shift in customer loyalty, with US clients previously moving orders to Southeast Asia to avoid tariffs, only to return when tariffs eased [5][9]. - The relationship between Chinese suppliers and US clients is characterized by a mix of dependency and wariness, as suppliers fear being easily replaced [9][20]. Group 3: Strategic Shifts - Suppliers are beginning to explore domestic markets as a more stable alternative to foreign markets, recognizing the risks associated with international trade [13][14]. - There is a growing trend among suppliers to invest in their own brands and innovative technologies to enhance competitiveness and reduce dependency on external markets [19][20]. - The recent tariff changes have prompted a strategic transformation among Chinese suppliers, who are now more proactive in seeking opportunities and improving their operational efficiency [20][22].