智通财经APP获悉，美股遭遇"黑色星期五"，标普500指数、纳斯达克综合指数分别收跌2.71%、3.56%，均创4月以来最大单日跌幅;道琼斯工业平均指数收 跌1.9%。 尽管美国劳动力市场放缓迹象明显、政府停摆以及对美联储独立性的担忧增加，在周五之前，标普500指数自8月初以来尚未出现超过1%的单日跌幅。每当 美股下挫，逢低买入者都会迅速入场，押注人工智能交易将继续抵消宏观层面的忧虑。 自4月以来，美股波动率一直受到压制，VIX指数多次维持在17以下(其长期平均值为20)，标普500指数也连续五个月上涨。据花旗集团股票与衍生品交易策 略师Vishal Vivek表示，在周五之前，标普500指数已连续100个交易日未出现单日涨跌幅超过2%的情况。 Oraclum Capital LLC首席投资官兼联合创始人Vuk Vukovic表示："市场中存在强大的支撑力量——每次出现下跌，都会被买盘迅速推高。""这次的跌幅略大 一些，但我们仍处于两周前的水平，所以并没有太大戏剧性。"他还表示："这更像是波动率卖方进场的机会，而不是该进行避险的时刻。" 芝商所全球市场公司衍生品市场情报主管Mandy Xu表示，VIX指数处于 ...

Group 1 - The influx of hot money into Hong Kong has led to a rise in the Hong Kong dollar (HKD) exchange rate to 7.75, but it has recently dropped to a low of 7.84, marking the weakest level since September 2023 [1][2] - Factors such as increased IPO activity, southbound capital inflows, low deposit rates in mainland China, and capital returning from the US are driving liquidity into Hong Kong [1][2] - The Hong Kong Monetary Authority (HKMA) may intervene further in the market due to the negative interest rate differential between the US dollar and the HKD [2] Group 2 - The HIBOR (Hong Kong Interbank Offered Rate) is expected to rise in the coming months due to dividend distributions, quarter-end funding demands, and the absorption of liquidity from bond and stock issuances [1][2] - The current loan-to-deposit ratio in Hong Kong is 20 percentage points lower than in 2019, indicating low credit demand despite a liquidity-rich environment [2] - The HKMA's currency peg system has remained intact since 1983, despite historical foreign exchange crises [2]