瑞郎/港币 (CHFHKD) 加自选

暂无中文版本，请点击原文

The Hang Seng slipped 284 points or 1.2% to finish at 23,290 on Friday, pulling back from a strong session the day before. The tumble followed a U.S. federal court's decision to temporarily reinstate tariffs imposed by President Trump, reversing an earlier trade court ruling that had blocked them. At the same time, China’s official May PMI, due over the weekend, kept markets cautious amid concerns over fragile factory activity. Meantime, U.S. Treasury Secretary Bessent said that trade talks with China were “a bit stalled” and may require a direct push from Trump and Xi. Most sectors fell, led by sharp losses in tech and consumers. Auto stocks extended losses on continued price war fears, with BYD down 3.6%. Other decliners included Orient Overseas (-6.9%) and Techtronic Inds. (-4.5%). Still, the index gained 5.3% for the month, buoyed by strong IPO momentum in Hong Kong. Over 150 companies reportedly are in the pipeline to list in the city, with many targeting IPOs above $1 billion.

暂无中文版本，请点击原文

The Hang Seng slipped 284 points or 1.2% to finish at 23,290 on Friday, pulling back from a strong session the day before. The tumble followed a U.S. federal court's decision to temporarily reinstate tariffs imposed by President Trump, reversing an earlier trade court ruling that had blocked them. At the same time, China’s official May PMI, due over the weekend, kept markets cautious amid concerns over fragile factory activity. Meantime, U.S. Treasury Secretary Bessent said that trade talks with China were “a bit stalled” and may require a direct push from Trump and Xi. Most sectors fell, led by sharp losses in tech and consumers. Auto stocks extended losses on continued price war fears, with BYD down 3.6%. Other decliners included Orient Overseas (-6.9%) and Techtronic Inds. (-4.5%). Still, the index gained 5.3% for the month, buoyed by strong IPO momentum in Hong Kong. Over 150 companies reportedly are in the pipeline to list in the city, with many targeting IPOs above $1 billion.

暂无中文版本，请点击原文

The Hang Seng slipped 284 points or 1.2% to finish at 23,290 on Friday, pulling back from a strong session the day before. The tumble followed a U.S. federal court's decision to temporarily reinstate tariffs imposed by President Trump, reversing an earlier trade court ruling that had blocked them. At the same time, China’s official May PMI, due over the weekend, kept markets cautious amid concerns over fragile factory activity. Meantime, U.S. Treasury Secretary Bessent said that trade talks with China were “a bit stalled” and may require a direct push from Trump and Xi. Most sectors fell, led by sharp losses in tech and consumers. Auto stocks extended losses on continued price war fears, with BYD down 3.6%. Other decliners included Orient Overseas (-6.9%) and Techtronic Inds. (-4.5%). Still, the index gained 5.3% for the month, buoyed by strong IPO momentum in Hong Kong. Over 150 companies reportedly are in the pipeline to list in the city, with many targeting IPOs above $1 billion.

瑞士KOF经济晴雨表从上个月的一年半低点97.1升至2025年5月的98.5，超过了市场预期的98.4。这一改善在很大程度上是由生产方面的强劲势头推动的，特别是在制造业内部。在生产行业（制造业和建筑业）中，总体商业状况、出口、生产活动和竞争形势的指标都有所改善。特别是在制造业，化学和制药行业出现了积极的发展；木材、玻璃、石头和泥土部分；食品和饮料生产；以及纸张和印刷产品。然而，在需求方面，外国需求和私人消费指标仍面临压力。

The KOF Economic Barometer in Switzerland rose to 98.5 in May 2025 from a one-and-a-half-year low of 97.1 in the previous month, topping market expectations of 98.4. This improvement was largely driven by strong momentum on the production side, particularly within the manufacturing sector. Within the producing industry (manufacturing and construction), indicators for the general business condition, exports, production activity, and the competitive situation all improved. In manufacturing specifically, positive developments were noted in the chemical and pharmaceutical industry; the wood, glass, stone, and earth segment; food and beverage production; and paper and printing products. On the demand side, however, indicators for foreign demand and private consumption remained under pressure.