港股點評 2025年8月13日9:30 a.m 恒指升 62 點，滬指升 18 點，標普 500 升 72 點 中美聯合聲明指再暫停實施 24%對等關稅 90 日，市場觀望美國通脹數據，港股 反覆上升。恒指低開 82 點，早市曾跌 105 點見 24,801 點，午後曾倒升 109 點見 25,016 點，全日升 62 點或 0.25%，收 24,969 點；國指升 28 點或 0.3%，收 8,916 點；恒生科技指數跌 20 點或 0.4%，收 5,439 點。大市全日成交總額 2,154.21 億 元。 人民銀行 12 日公開市場開展 1,146 億元人民幣七天期逆回購操作，操作利率持 平於 1.4%。有 1,607 億元逆回購到期，單日淨回籠 461 億元。人民幣兌美元中 間價下調 13 點至 7.1418。A 股三大指數高開高走，創板表現較強升 2%。滬指 全日升 18 點或 0.5%，收報 3,665 點，成交額 7,782 億元；深成指升 60 點或 0.5%， 收報 11,351 點，成交額 1.1 萬億元；創業板指升 29 點或 1.2%，收報 2,409 點， 成交額 5,453 億元。 ...

Market Overview - The Hang Seng Index faces short-term resistance at 25,735 points, with limited corporate profit improvement and a lack of strong economic stimulus from mainland China [1] - Active trading in the Hong Kong market indicates a positive risk appetite, with capital rotating across different sectors [1] - The US and China have initiated a new round of trade negotiations, agreeing to extend the 90-day tariff truce established in mid-May [1] Sector Focus - The focus for the day includes the US July CPI and core CPI, the UK June ILO unemployment rate, and earnings reports from companies such as China Unicom, Galaxy Entertainment, and WH Group [2] - The July sales of new energy vehicles in mainland China increased by 27%, indicating strong growth in this sector [2] Corporate News - Luxshare Precision plans to issue H-shares for listing in Hong Kong to enhance its international brand image and competitiveness [9] - Hillhouse Technology reported a nearly 1.7 times increase in interim profit, raising sales targets for two business segments [9] - Kingdee International narrowed its half-year loss to 97.73 million RMB, which was below expectations [9] - Tingyi Holding's interim profit increased by 20%, meeting expectations, while Yuyuan Group's interim profit fell by 7%, which was better than expected [9] - Sany International issued a profit warning, expecting a more than 25% increase in interim profit [9] Economic Indicators - The US Federal Reserve maintained interest rates in July, indicating a cautious approach towards future rate cuts due to high inflation uncertainty [3] - The People's Bank of China conducted a reverse repurchase operation of 112 billion RMB, maintaining the interest rate at 1.4% [7] - In July, China's total vehicle sales reached 2.593 million units, a year-on-year increase of 14.7%, with new energy vehicles accounting for 48.7% of total sales [7] Stock Market Performance - The Hang Seng Index closed at 24,906 points, up 0.19%, with a total market turnover of 200.9 billion HKD [5] - The US stock market showed a slight decline, with major indices falling between 0.3% and 0.5% [5] Investment Strategies - The Hang Seng Index Company launched two new indices based on the Hang Seng Technology Index, aiming to retain growth potential while generating option premium income [9]