纽币/港币 (NZDHKD) 加自选

恒生指数周五上涨301点，涨幅1.2%，至26387点，为2021年8月以来的第六个交易日。该指数本周飙升3.8%，为3月以来最强劲的单周涨幅，华尔街创下历史新高，因为美国失业救济申请人数的增加加强了对美联储下周降息的押注，到年底可能会有更多的宽松政策。美国财政部长Scott Bessent下周将在马德里会见中国副总裁何立峰，继续就贸易、经济和安全问题进行会谈，这增加了乐观情绪。然而，在下周公布的中国8月经济活动数据公布之前，谨慎态度限制了进一步的走强。科技股领涨，受人工智能乐观情绪的提振，而消费者和房地产股上涨，因为北京方面采取行动帮助地方政府支付未付账单。阿里巴巴（Alibaba）和百度（Baidu）在发布了内部开发的用于训练人工智能模型的芯片后大幅上涨，减少了对英伟达（Nvidia）的依赖。其他涨幅最大的公司包括中国虹桥（6.1%）、阿克苏（6.0%）和招金矿业（4.3%）。

The Hang Seng climbed 301 points, or 1.2%, to 26,387 on Friday, rising for the sixth session to its highest since August 2021. The index surged 3.8% for the week, its strongest weekly rise since March, amid Wall Street's record highs as rising US jobless claims reinforced bets of a Fed rate cut next week, with more easing likely through year-end. Adding to the bullish mood, US Treasury Secretary Scott Bessent will meet Chinese VP He Lifeng in Madrid next week to continue talks on trade, economic, and security issues. However, further strength was limited by caution ahead of China's activity data for August, set to be due next week. Tech shares led the gains on renewed AI optimism, while consumer and property stocks rose as Beijing moves to help local governments cover unpaid bills. Alibaba and Baidu jumped after unveiling internally developed chips to train AI models, reducing reliance on Nvidia. Other top movers included China Hongqiao (6.1%), Akeso (6.0%), and Zhaojin Mining (4.3%).

新西兰基准标准普尔/NZX 50指数周五收平于13228点，抹去了早些时候的涨幅，本周基本保持不变。该指数最初在早盘交易中攀升，此前华尔街在美国消费者通胀温和上升和首次申请失业救济人数意外大幅增加后领先，这增强了人们对美联储今年进一步降息的希望。在国内新闻中，新西兰制造业在7月短暂扩张后于8月收缩，突显出持续的国内经济挑战。市场注意力现在转向下周公布的第二季度GDP数据，该数据可能显示6月份季度经济萎缩。在大盘股中，Spark NZ（-2.9%）、Infratil（-0.95%）、Fisher&Paykel（-0.5%）和a2 Milk（-1.2%）的跌幅抵消了奥克兰国际机场（+0.9%）、Mercury NZ（+0.7%）和Mainfreight（+3.1%）的涨幅。

New Zealand's benchmark S&P/NZX 50 index closed flat at 13,228 on Friday, erasing earlier gains to finish the week largely unchanged. The index had initially climbed in early trading, following Wall Street’s lead after a modest uptick in US consumer inflation and an unexpectedly sharp increase in jobless claims bolstered hopes of more interest rate cuts from the Federal Reserve this year. In domestic news, New Zealand’s manufacturing sector contracted in August after July’s brief expansion, highlighting ongoing domestic economic challenges. Market attention now turns to the second-quarter GDP figures due next week, which are likely to show the economy shrank in the June quarter. Among large-cap stocks, losses in Spark NZ (-2.9%), Infratil (-0.95%), Fisher & Paykel (-0.5%), and a2 Milk (-1.2%) offset gains in Auckland Intl Airport (+0.9%), Mercury NZ (+0.7%), and Mainfreight (+3.1%).

新西兰制造业下滑至49.9，行业疲软持续，乐观情绪参差不齐。最新的新西兰商业采购经理人指数显示，8月份新西兰制造业停滞不前，该指数从52.8降至49.9。BusinessNZ的Catherine Beard指出，该行业“尚未转向持续增长”，尽管仅略低于中性阈值，但该指数突显了不稳定的状况和脆弱的信心。

NZ BNZ manufacturing slips to 49.9, sector weakness persists, optimism patchy.The latest BusinessNZ PMI showed New Zealand's manufacturing sector stalling in August, with the index slipping to 49.9 from 52.8. BusinessNZ's Catherine Beard noted the industry “has yet to turn the corner toward sustained growth,” with the reading underscoring patchy conditions and fragile confidence despite being only marginally below the neutral threshold.

周五，新西兰元在美元普遍疲软的支撑下，隔夜上涨0.6%，达到近一个月高点，徘徊在0.597美元左右。美元面临压力，因为美国消费者通胀数据略有升温，失业救济申请人数激增，使人们对美联储下周及以后降息的预期保持高位。然而，在国内，新西兰储备银行的温和政策前景限制了新西兰元的上涨。新西兰储备银行行长克里斯蒂安·霍克斯比周四重申了央行的预测，即到年底，其官方现金利率将再下降50个基点，宽松的步伐将以即将公布的数据为指导，特别是下周的GDP报告。与此同时，新的数据显示，新西兰制造业在8月份再次陷入收缩，突显出经济的脆弱状态。本周，新西兰元有望上涨1%以上。

The New Zealand dollar hovered around $0.597 on Friday after rising 0.6% overnight to reach a nearly one-month high, supported by broad US dollar weakness. The greenback came under pressure as slightly hotter US consumer inflation data and a surge in jobless claims kept expectations high on Federal Reserve interest rate cuts next week and beyond. At home, however, a dovish policy outlook from the Reserve Bank of New Zealand limited the kiwi’s upside. RBNZ Governor Christian Hawkesby on Thursday reaffirmed the central bank’s projection for its official cash rate to fall by another 50bps by year-end, with the pace of easing to be guided by incoming data—particularly next week’s GDP report. Meanwhile, fresh data showed that New Zealand’s manufacturing sector slipped back into contraction in August, underscoring the fragile state of the economy. For the week, the kiwi is on track to post a gain of more than 1%.