瑞郎/港币 (CHFHKD) 加自选

根据香港金融管理局的数据，香港外汇储备从上月的4191亿美元增至2025年10月的4260亿美元，结束了三个月的下降。储备相当于流通货币的五倍多，约为香港M3的37%。截至10月底，没有未结算的外汇合约。

Hong Kong’s foreign exchange reserves rose to USD 426.0 billion in October 2025 from USD 419.1 billion in the previous month, snapping a three-month decline, according to the Hong Kong Monetary Authority. The reserves were equivalent to more than five times the currency in circulation and about 37% of Hong Kong dollar M3. There were no unsettled foreign exchange contracts at the end of October.

2025年10月，瑞士消费者信心指数保持在-37，与9月持平，与去年同期持平。对整体经济的预期恶化，经济前景分项指数从2024年10月的-30降至-49，表明对未来增长的悲观情绪加剧。然而，与一年前相比，家庭的经济压力有所减轻。过去财务状况（-40对-53）、预期财务状况（-32对-34）和购买环境（-26对-32）的子指数都有所改善。

Switzerland’s consumer sentiment index held at -37 in October 2025, unchanged from September and matching the level seen a year earlier. Expectations for the overall economy deteriorated, with the economic outlook sub-index dropping to -49 from -30 in October 2024, signaling greater pessimism about future growth. However, households felt somewhat less strained financially than a year ago. The sub-indices for the past financial situation (-40 vs -53), expected financial situation (-32 vs -34), and purchase climate (-26 vs -32) all improved.

瑞士国家银行的外汇储备从上个月上调后的7268亿瑞士法郎降至2025年10月的7248亿瑞士法郎。特别提款权（102.78亿瑞士法郎vs 9月份的102.95亿瑞士法郎）和国际货币基金组织的储备头寸（16.12亿瑞士法郎vs16.21亿瑞士瑞士法郎）均有所下降，而黄金持有量有所回升（1080.24亿瑞士法郎对1019.41亿瑞士法郎。

The Swiss National Bank’s foreign exchange reserves fell to CHF 724.8 billion in October 2025, from an upwardly revised CHF 726.8 billion in the previous month. Declines were seen in SDRs (CHF 10.278 billion vs CHF 10.295 billion in September) and the IMF reserve position (CHF 1.612 billion vs CHF 1.621 billion), while gold holdings picked up (CHF 108.024 billion vs CHF 101.941 billion).

周五，恒生指数下跌244点，跌幅0.9%，收于26242点，扭转了中国贸易数据疲软后前一交易日2%的涨势。10月出口同比下降1.1%，这是自2月以来的首次下降，受高基数效应和几个月前期加载后外国需求降温的影响。由于国内需求疲软，进口增长1.0%，为五个月来最低。在周末中国CPI/PPI数据公布之前，由于通货紧缩风险持续存在，人们也越来越谨慎。大多数行业下跌，科技股领跌，因为人们对最近人工智能驱动的涨幅的可持续性越来越怀疑，而消费者股则因北京方面进一步政策支持的不确定性而下跌。Pop-Mart Intl下跌6.4%，紧随其后的是快手科技下跌6.2%，信达生物（-3.5%）和周大福（-2.4%）。尽管如此，该指数本周仍上涨1.3%，较前一周的跌幅有所回升，这得益于第三季度外国资金大量流入内地股市，以及对美中关系在延长贸易休战后的乐观情绪。

The Hang Seng lost 244 points or 0.9% to end at 26,242 on Friday, reversing a 2% rally in the prior session after weak trade data from China. Exports fell 1.1% yoy in October, the first drop since February, weighed by high base effects and cooling foreign demand after months of front-loading. Imports grew 1.0%, the least in five months, on subdued domestic demand. Caution also grew ahead of China’s CPI/PPI data due over the weekend, with deflation risks persisting. Most sectors fell, led by tech stocks as doubts mounted over the sustainability of recent AI-driven gains, while consumer shares slid on uncertainty about further policy support from Beijing. Pop Mart Intl tumbled 6.4%, followed by Kuaishou Tech tumbled 6.2%, Innovent Biologics (-3.5%), and Chow Tai Fook (-2.4%). Still, the index rose 1.3% for the week, rebounding from the prior week’s losses, buoyed by strong foreign inflows into mainland stocks in Q3 and optimism over U.S.-China relations following an extended trade truce.