Core Points - The Hang Seng Index night futures for November opened at 25,906 points and reported at 25,866 points, reflecting a decrease of 42 points or 0.162% as of 17:16 Beijing time [1] - The index is trading at a discount of 86 points, with a total trading volume of 271 contracts [1] - The total number of open contracts stands at 129,019, with a net open contract number of 46,701 [1]

Core Points - As of November 4, the Hang Seng Index futures (November) closed at 26,134 points, down 21 points or 0.08%, with a basis of 24 points lower [1] - The total number of open contracts decreased to 118,636, a reduction of 17,931 contracts [1] - The net number of open contracts reported at 46,915, down by 1,442 contracts [1]

Core Points - The Hang Seng Index night futures for November opened at 26,167 points and reported at 26,163 points, reflecting a slight increase of 8 points or 0.031% as of 17:16 Beijing time [1] - The futures are trading at a premium of 5 points, indicating a positive market sentiment [1] - The total trading volume reached 113 contracts, with a total open interest of 136,567 contracts and a net open interest of 48,357 contracts [1]

Core Viewpoint - The Hang Seng Index night futures opened at 26,358 points and showed a slight increase, indicating a stable market sentiment [1] Group 1: Market Performance - As of 17:15 Beijing time, the Hang Seng Index night futures reported 26,397 points, up by 42 points or 0.159% [1] - The futures are trading at a premium of 51 points compared to the spot market [1] - The total trading volume was recorded at 100 contracts [1] Group 2: Open Interest - The total number of open contracts stands at 84,929 [1] - The net open interest is reported at 22,751 contracts [1]

Core Viewpoint - The Hang Seng Index night futures opened at 26,440 points and showed a slight increase, indicating a stable market sentiment [1] Group 1: Market Performance - As of 17:15 Beijing time, the Hang Seng Index night futures reported 26,461 points, up by 20 points or 0.076% [1] - The futures were trading at a premium of 27 points above the spot index [1] - The total trading volume was recorded at 212 contracts [1] Group 2: Open Interest - The total number of open contracts stood at 104,649 [1] - The net open interest was reported at 29,779 contracts [1]

Core Viewpoint - China Gold International has been included in the Hang Seng Hong Kong Chinese Enterprises Index, effective October 27, 2025, indicating recognition of its industry positioning, profitability, and market performance by an international authority [1] Group 1: Company Recognition - The inclusion in the index reflects the company's core competitiveness and the effectiveness of its management team [1] - This recognition is expected to enhance the company's image and attract a broader range of investors [1] Group 2: Market Impact - The addition to the index is likely to bring more institutional investors' attention, particularly passive funds and index-tracking funds [1] - Increased visibility in the market is anticipated to boost interest in China Gold International [1]

Core Viewpoint - China Gold International has been included in the Hang Seng Hong Kong Chinese Enterprises Index, effective from October 27, 2025, indicating recognition of its industry positioning, profitability, and market performance by an international authority [1] Group 1: Index Inclusion - The Hang Seng Hong Kong Chinese Enterprises Index reflects the performance of red-chip companies with Chinese backgrounds that are registered outside mainland China and listed in Hong Kong, consisting of the largest and most actively traded 25 red-chip stocks [1] - Inclusion in this index is expected to attract passive funds and index-tracking funds, enhancing market attention towards China Gold International [1] Group 2: Management Commentary - The Chairman and CEO, Mr. Hou Chengguang, stated that the inclusion in the index is a recognition of the company's core competitiveness and management team's efforts, showcasing strong confidence from the capital market in the company's future development [1] - This recognition is anticipated to improve the company's image and attract a broader range of investors [1]

Group 1 - The global stock market rose by 1.5% this week, with significant gains in the Asia-Pacific region, particularly the A-share CSI All Share Index, which surged by 3.3%, and the Hang Seng Index, which increased by 3.6% [3][4]. - European stock markets experienced slight increases, while U.S. stocks also saw overall gains, with the Nasdaq 100 reaching a new high for the year [5][6][7]. - Despite the rise in index points, valuations have not yet reached previous highs, indicating a close proximity to overvaluation [9][10]. Group 2 - The global stock market has largely recovered from the volatility caused by the recent tariff crisis involving Trump, with the main pressure on U.S. dollar assets stemming from the large scale of U.S. national debt and its interest payments [14]. - The potential for lower inflation in the U.S. could facilitate further interest rate cuts by the Federal Reserve, although increased tariffs may lead to higher inflation, complicating the rate cut scenario [15][16]. - The tariff issues have primarily resulted in short-term market fluctuations, which have subsequently provided buying opportunities [19][20]. Group 3 - The U.S. released its Consumer Price Index (CPI) data for September, showing a slower-than-expected year-on-year growth rate, which increases the likelihood of continued declines in U.S. interest rates [21][22]. - Market expectations are rising for the Federal Reserve to cut rates in October, contributing to the recent uptick in global stock markets [23][24]. - A decrease in U.S. interest rates would positively impact global stock market valuations, particularly benefiting non-U.S. markets [26][27]. Group 4 - A global stock market star rating chart indicates that after a significant drop in early April 2025, the market rebounded to a rating of 4.1-4.2 stars, currently hovering around 2.9 stars [31]. - There are global stock index funds available in overseas markets, with substantial assets exceeding one trillion dollars, although such funds are not yet available in mainland China [34]. - The company has launched a "Global Index Advisory Portfolio" that diversifies investments across U.S., UK, Hong Kong, and A-share indices to track the global stock market [35]. Group 5 - A new edition of the book "The Long-Term Investment Secret" has been released, which has been a bestseller for 30 years and includes updated data and new chapters [40]. - The book emphasizes that, over the long term, stock assets are the best means of wealth accumulation, suggesting that households should allocate a certain proportion of their assets to stocks [41]. - It also highlights the challenges ordinary investors face in achieving long-term returns from stock investments due to the inherent volatility of stock assets [42].

10月21日，恒生指数夜期(10月)开市报26006点。截至北京时间17:16，恒指夜期(10月)报26017点，升5 点或0.019%，低水11点，成交量为178张。未平仓合约总数为135971张，未平仓合约净数报41621张。 ...

10月20日，恒生指数夜期(10月)开市报25859点。截至北京时间17:16，恒指夜期(10月)报25841点，跌23 点或0.089%，低水18点，成交量为76张。未平仓合约总数为158450张，未平仓合约净数报46254张。 ...