2025年12月25日，离岸人民币汇率强势突破7.0大关，重返"6时代"，新闻弹窗跳出的那一刻，很多人可能只是扫了一眼就划过了。 但实际上，这个数字的变化，正在悄无声息地重构我们每个人的财富版图。 从海淘购物车里的价格，到留学生的学费单，再到股票账户里的红绿变动，人民币升值的蝴蝶效应，已经扇动了翅膀。 作为普通人，我们该如何在这场财富洗牌中守住自己的钱袋子，甚至分一杯羹？ 消费端：一场从天而降的"打折季" 对于热爱生活、有全球消费需求的群体来说，人民币升值无异于一场全场通用的"打折季"。 首先是"海淘党"和"出境游"的狂欢，年初时，如果你想买一款标价1000美元的进口包包，你需要支付约7400元人民币；而现在，同样的包包只需要不到7000 元。 不需要商家做活动，汇率直接帮你省下了400多块，足够再买一支大牌口红。 随着春节假期的临近，计划出国旅游的朋友会发现，用人民币兑换外币更划算了，国外的酒店、机票、购物，变相全线降价。 如果是本科四年，这就是好几万的真金白银，这笔钱，相当于普通家庭好几个月的生活费，极大地减轻了家长的负担。 而对于投资者而言，人民币升值意味着资产定价逻辑的重塑。 A股与核心资产的重估 汇 ...

深圳商报记者 钟国斌 12月25日，外汇市场迎来重要里程碑！离岸人民币兑美元汇率升破7.0关口。截至12月25日10时29分，离岸人 民币兑美元汇率报6.9999，较前收盘价上涨77个基点，盘中最高报6.9965，创下自2024年10月以来15个月新 高；在岸人民币兑美元报7.0068，升破7.01关口，日内上涨92个基点。人民币升破7.00关口，标志着人民币汇 率进入新一轮升值周期。 截至12月25日，离岸人民币兑美元年内累计升值4.6%，在岸人民币累计升值4%；同期美元指数跌幅逼近 10%，徘徊于97.7附近，为人民币资产吸引力提升奠定了基础。 对实体经济有何影响？ 人民币走强对我国经济转型升级具有深远意义。从进口角度看，人民币升值将直接降低原材料和先进技术设 备的进口成本，为产业升级提供支持。人民币升值还有助于推动我国经济从"价格竞争"向"品牌、技术与市场 多元化"转型。在当前我国货物贸易出口保持正增长的背景下，汇率升值压力将倒逼企业提升产品附加值和竞 争力。 中金公司研究部最新研报认为，进口依赖型行业、拥有较多美元负债的企业以及部分服务贸易领域有望受益 于人民币升值。具体而言：能源、农业、材料等领域有 ...

岁末年终，元旦假期和春节假期即将到来，中国游客走出国门的"跨年世界游"热度攀升。这个冬天，大家或许正计划着开启一场"说走就走， 拿起护照去旅行"的出境游，以此告别旧岁、迎接新年。 数据显示，我国已经与29个国家实现全面互免签证。2025年，萨摩亚、乌兹别克斯坦、阿塞拜疆、马来西亚、俄罗斯先后对中国公民新增签证 便利政策。持有普通护照的我国公民可以将这五国加入自己今冬"跨年世界游"的考虑规划之中。 这是萨摩亚乌波卢岛西北海岸风光（无人机照片，2025年12月13日摄）。新华社发（王彤摄） 这是位于萨摩亚首都阿皮亚的巴哈伊教堂（2025年12月15日摄）。新华社发（崔译文摄） 乌兹别克斯坦 乌兹别克斯坦位于中亚腹地，处于连结东西方和南北方的中欧中亚交通要冲的十字路口。不同宗教和文化在这里交汇、共存，古丝绸之路在此 经过。 这是萨摩亚海岸风光。新华社记者郭磊摄 人们在乌兹别克斯坦撒马尔罕市列吉斯坦广场游览。新华社记者沙达提摄 这是在乌兹别克斯坦首都塔什干拍摄的城市风光。新华社记者曹阳摄 萨摩亚 萨摩亚位于太平洋南部，萨摩亚群岛以西，由乌波卢、萨瓦伊两个主岛和附近的小岛组成。萨摩亚紧邻国际日期变更线以西，是世界上最早 ...

来源：中金点睛 近期，一个有意思但又让人意外的现象是：一方面，人民币持续走强迭创新高，离岸人民币兑美元汇率10月初以来升值1.3%，距离7的整数关口只有"一 步之遥"；但另一方面，股市却持续回调，尤其是原本应该对汇率和资金流向更敏感的港股市场，跌幅反而更大，恒科从10月初高点下跌15%。 历史上，汇率走势与AH两地市场都有较强的正相关性，因为汇率走强往往意味着外资流入和中国基本面向好，更不用说港股还有人民币走强折算到港币 计价EPS的额外增厚。 图表：近期，港股与人民币对美元汇率稳定的负相关性被打破 资料来源：Bloomberg， Wind，中金公司研究部 然而，近期这一规律却被"打破"了，汇率走强股市反而下跌。该如何理解这一背离，到底是汇率错了，还是股市错了？要知道，前11个月中国顺差创下 1.08万亿美元的历史记录且美联储新主席提名在即，都使得市场对于弱美元和大量顺差结汇需求共同推动下的人民币升值预期愈发强烈，如果这一结论成 立且汇率与股市的传统逻辑依然适用的话，那就意味着中国资产重估将迎来新的动力和阶段。 但细想后就不难发现，这一逻辑链条仍值得推敲，就如同近期为何背离一样，一个简单的解释是二者的驱动因素 ...

Core Insights - The combination of the National Day and Mid-Autumn Festival holidays has led to a surge in outbound tourism, with daily entry and exit travelers expected to exceed 2 million during the holiday period [1][2] - The outbound tourism market is experiencing a significant rebound, with a notable increase in early bookings and a shift in consumer behavior towards planning trips well in advance [3][4][6] Group 1: Outbound Tourism Trends - The first wave of outbound tourists for the National Day holiday began departing as early as September 25, with over 300 outbound tour groups organized by a travel agency, marking a year-on-year increase of over 30% [3] - Many consumers are adopting a "request 3 days off for 12 days" strategy to extend their holidays, leading to a noticeable rise in inquiries and bookings for outbound travel [4] - Data from Qunar indicates that Chinese tourists booked flights to 599 cities globally during the National Day holiday, with a year-on-year increase in hotel bookings for popular destinations [4] Group 2: Flight and Accommodation Pricing - The overall price of outbound flights has increased due to high demand during the holiday, with over 1.79 million tickets booked by September 30, reflecting a year-on-year increase of approximately 13% [7] - Some popular destinations have seen flight prices rise to two to three times their usual rates, with travelers reporting significant increases in hotel prices as well [7][17] - For example, hotel prices in Tokyo have surged from around 700 RMB per night last year to 1300 RMB this year during the holiday period [17] Group 3: Popular Destinations and Market Dynamics - Japan and South Korea are among the most popular destinations for Chinese tourists, with Japan seeing a 46% year-on-year increase in visitors from mainland China [16][17] - The introduction of a trial visa-free policy for group tourists to South Korea has further boosted interest, with a 53% increase in tourism product orders during the holiday period [19][20] - Conversely, Thailand has experienced a decline in tourist numbers, with a 7.2% drop in foreign visitors in the first eight months of the year, particularly from China [23][24]

Overall Situation - The tourism revenue shows steady growth, but travel demand appears relatively flat, with domestic travel during the Dragon Boat Festival in 2025 expected to reach 119 million trips, a 5.7% increase, and total domestic travel expenditure projected at 42.73 billion yuan, up 5.9% [1][2] - Daily average inbound and outbound tourism is 1.969 million people, a year-on-year increase of 2.7%, which is below the official expectation of 2.15 million, representing a 12.2% increase [1][5] Transportation Situation - The total cross-regional personnel flow is expected to reach 657 million during the holiday, with a daily average of 21.9 million, reflecting a year-on-year growth of 3.0% [3] - Railway passenger volume is projected at 47.108 million, with a daily average of 15.7027 million, showing a 2.3% increase [3] - Road travel is expected to account for 600 million trips, with a daily average of 20 million, marking a 3.14% increase [3] Hainan Duty-Free Sales - During the Dragon Boat Festival, Hainan's duty-free shopping amounted to 187 million yuan, a decrease of 8.8%, with 31,300 shoppers, down 18.9% [4] - The average spending per person was 5,974 yuan, an increase of 12.5% [4] Outbound Tourism - The total number of inbound and outbound personnel during the holiday reached 5.907 million, with a peak of 2.086 million on June 1 [5] - The number of inbound foreign visitors under visa-free policies increased by 59.4% compared to the previous year [5] Investment Recommendations - The industry suggests focusing on the recovery of short-distance self-driving and family travel, with a recommendation to pay attention to companies related to leisure tourism and outbound travel, including Ctrip Group, Tongcheng Travel, and hotels driven by business travel demand [6]