恒生指数公司行政总裁巫婉雯表示，回顾2025年，港股市场气氛非常热烈，截至去年12月31日，恒生指 数创下2017年以来最佳表现，同比升幅达27.8%，与恒生指数系列挂钩的产品资产管理总值(AUM)实现 约1177亿美元，恒生生物科技指数于2025年实现自推出以来的年度最高升幅同比升幅达64.5%。 巫婉雯指出，展望未来有三大发展方向，包括巩固科技及生物科技板块的市场领导地位，扩大追踪科技 相关指数的资产管理规模，持续扩展生物科技指数，支持多元化产品开发；积极推动产品创新，发掘更 多人工智能在业务中的应用，推出紧贴市场趋势及需求的产品，开发跨市场指数；继续推进海外市场的 业务发展，助全球投资者把握香港及内地的投资机遇。 林颖婷提及，为协助投资者进一步把握科技及生物科技领域的增长机遇，恒指公司在今年1月推出"恒生 双科技指数"，而新推出的恒生双科技指数用来衡量科技和生物科技公司在香港证券市场整体表现，结 合这两大主题于同一基准，既反映两者的市值差异，又兼顾双主题的代表性，并指该指数当中75%权重 配置于恒生科技指数，25%权重置配于恒生生物科技指数。 被问及恒指在纳入100只成分股有没有时间表时，巫婉雯表示，相 ...

Macroeconomic Overview - The recent release of economic data from the US has shown widespread weakness, with the Producer Price Index (PPI) unexpectedly declining by 0.5%, retail sales growth plummeting to 0.1%, and manufacturing output decreasing by 0.4%, significantly undermining market confidence in the US economy [1] - The US Treasury market experienced significant volatility, with the 10-year Treasury yield dropping by 11 basis points and the 2-year yield falling by 9.2 basis points; the US dollar index decreased by 0.2% [1] - Geopolitical risks are escalating, with stalled negotiations between Russia and Ukraine and difficulties in the Iran nuclear deal talks, leading to increased interest in gold as a safe-haven asset [1] US Dollar Index - The US dollar index exhibited a downward trend, reaching a high of 101.05 and a low of 100.562, ultimately closing at 100.8 [2] - The index is currently facing resistance at the 102.90 level on a weekly basis, suggesting a bearish outlook in the medium term, while key support is identified at the 100.30 level [2] Gold Market - Gold prices showed a rebound, with a high of 3240.37 and a low of 3120.56, closing at 3229.59 [4] - The market is observing a four-month upward trend with a recent correction, and the price is supported at the 3100 level; a break below this support could lead to further downward pressure [5] - Short-term support is noted in the 3199-3200 range, with targets set at 3250, 3282, and 3325 [7] Euro and US Dollar Exchange Rate - The EUR/USD pair experienced an overall increase, with a low of 1.1167 and a high of 1.1227, closing at 1.1183 [8] - The market is currently supported at the 1.0800 level on a monthly basis, with a bearish outlook in the short term unless the price breaks above the daily resistance [8] Key Economic Data and Events - Upcoming economic data to watch includes the French ILO unemployment rate, Eurozone trade balance, US new housing starts, building permits, import price index, and consumer confidence index [10]