第三，低空经济是香港新增长引擎之一，而流动通讯网络是当中不可或缺的基础设施。通讯事务管理局 (通讯局)将于2025年年底前推出无人机专用频谱及相关发牌制度，提供额外流动网络确保无人机安全高 效运作，在通讯方面全力支持低空活动发展。 政府亦致力维持香港通讯系统的高效运作。香港正全面检视电话智能卡实名登记制的整体运作，并已于 七月向资讯科技及广播事务委员会介绍初步建议的加强措施，包括降低个人用户可登记电话储值卡的数 量上限，以及订立新罪行打击不当使用已登记的电话智能卡的行为。 9月19日，香港商务及经济发展局(商经局)局长丘应桦介绍2025年《施政报告》中与电信及广播事务相 关的政策项目和进展。他表示，香港积极推动电信业持续发展，通过维持香港通讯系统的高效运作，以 扩展未来6G应用及商业服务，支持低空活动发展等。同时鼓励市场竞争和创新科技的应用，务求为市 民带来更优质、更多元化的服务。 丘应桦指，首先，在推动航天科技（000901）发展建设方面，商经局正研究简化申请营办低轨卫星牌照 的审批流程，目标于2025年内完成相关研究工作，并于2026年公布相关结果。当局希望透过简化的申请 制度，能吸引相关企业、人才及投资 ...

Group 1: Employment Data and Economic Outlook - The ADP employment data for May showed an increase of 37,000 jobs, the smallest growth since March 2023, significantly below the expected 110,000 jobs, indicating a potential cooling in the labor market and economic uncertainty [1][2] - The decline in employment growth has led to a decrease in confidence in the US dollar, resulting in a drop in the dollar index [2] Group 2: US Treasury Actions - The US Treasury conducted a record $10 billion buyback of old bonds to inject liquidity into the market, which is seen as a "light QE" measure amid rising bond yields and market volatility [1][2] - The Treasury plans to issue $65 billion in new bonds, reducing the scale of previous issuances, indicating a strategic adjustment in debt management [2] Group 3: CrowdStrike Financial Performance - CrowdStrike reported Q1 revenue of $1.1 billion, a nearly 20% year-over-year increase, but incurred a net loss of $110 million compared to a profit of $42.8 million in the same period last year [3][4] - The company expects Q2 adjusted earnings per share of $0.82 to $0.84, but revenue guidance of up to $1.15 billion is below expectations, causing a nearly 5.8% drop in stock price [3] Group 4: SpaceX Revenue Projections - Elon Musk projected SpaceX's revenue for this year to exceed $15.5 billion, with $1.1 billion coming from NASA, and indicated that next year's revenue could surpass NASA's budget [5][6] - The revenue growth is attributed to increased rocket launch services and Starlink business, with expectations of 170 launches this year compared to 134 last year [6] Group 5: Nuclear Power Sector Growth - US nuclear stocks have surged, with companies like Energy Fuels seeing over 17% gains recently, driven by major tech firms entering nuclear power agreements [7][8] - The nuclear sector is expected to enter a decade-long growth cycle, with structural shortages in the global uranium market anticipated [7] Group 6: Coking Coal Market Dynamics - Coking coal futures saw a strong increase of over 7%, but analysts suggest that prices may still face downward pressure due to supply-demand imbalances [9][10] - Domestic coking coal production increased by 6% year-over-year in the first four months, while demand remains weak, leading to concerns about oversupply [9]