人民币/韩元 (CNYKRW) 加自选

周四，基准韩国综合股价指数收于2481点，几乎持平，在经历了三个交易日的反弹后暂停，因为芯片股在美国芯片制造商英伟达强劲盈利后涨跌互现。然而，由于英伟达的业绩显示与前三个季度相比增长放缓，且未达到投资者的高预期，乐观情绪有所缓和。指数权重股三星电子飙升2.2%，而其竞争对手和英伟达供应商SK海力士下跌0.8%，扭转了早些时候的涨幅。在医疗保健类股中，三星生物制品下跌0.3%，而Celltrion在宣布1000亿韩元的股票回购以提高股东价值后上涨1.7%。经济新闻方面，韩国11月前20天的出口同比增长5.8%。投资者现在等待韩国央行的利率决定，预计将利率维持在3.25%。

The benchmark KOSPI closed nearly flat at 2,481 points on Thursday, pausing after a three-session rally, as chip stocks traded mixed following strong earnings from US chipmaker Nvidia. However, optimism was tempered as Nvidia’s results showed slowing growth compared to the previous three quarters and fell short of high investor expectations. Index heavyweight Samsung Electronics soared 2.2%, while its rival and Nvidia supplier, SK Hynix, tumbled 0.8%, reversing earlier gains. Among healthcare stocks, Samsung Biologics slipped 0.3%, while Celltrion gained 1.7% after announcing a KRW 100 billion share buyback to enhance shareholder value. In economic news, South Korea's exports increased 5.8% year-on-year during the first 20 days of November. Investors now await the Bank of Korea's rate decision, with expectations to hold rates at 3.25%.

周四，上证综指下跌0.2%，至3360点左右，深证成分股下跌0.15%，至10810点。由于中国经济的不确定性和对特朗普即将重返白宫的担忧，内地股市扭转了为期两天的涨势。正如预期的那样，中国央行本周保持了关键贷款利率不变，但投资者仍然希望北京方面将出台额外的刺激措施来支持经济增长。与此同时，特朗普政府即将对中国商品征收更高关税的前景加剧了人们对中国经济前景的担忧。主要公司出现了明显的亏损，包括中国长城（-0.8%）、广东拓斯达（-3.2%）、新松机器人（-4.1%）、中信证券（0.8%）和Sinodata（-6.4%）。

The Shanghai Composite dropped 0.2% to around 3,360, and the Shenzhen Component lost 0.15% to 10,810 on Thursday, as mainland stocks reversed a two-day rally amid economic uncertainties in China and concerns over Trump’s imminent return to the White House. China’s central bank kept key lending rates unchanged this week, as expected, but investors remain hopeful that Beijing will introduce additional stimulus measures to support economic growth. Meanwhile, the prospect of higher tariffs on Chinese goods under the upcoming Trump administration has added to concerns about the country’s economic outlook. Notable losses were seen among major firms, including China Greatwall (-0.8%), Guangdong Topstar (-3.2%), Siasun Robot (-4.1%), Citic Securities (-0.8%), and Sinodata (-6.4%).

中国政府顾问倡导2025年增长目标在5%左右。路透社周四报道称，四名中国政府顾问主张2025年的增长目标约为5%，与今年相似。 

China's government advisers advocate for 2025 growth target of around 5%.Four Chinese government advisers advocated for a 2025 growth target of around 5%, similar to this year, Reuters reported on Thursday.  

随着当选总统特朗普拟议政策的势头推动美元走强，韩元继续下跌至1400韩元兑1美元，回到2022年10月下旬以来的最低水平。交易员们现在正在等待特朗普政策的明确性，这些政策可能会重新引发通货膨胀，并衡量美联储未来的降息。此外，俄罗斯和乌克兰之间的紧张局势加剧，这对美元来说是一个积极的信号，可能会给韩元带来进一步的压力。在国内，投资者等待韩国央行下周的利率决定，预计在10月降息后将利率保持在3.25%。然而，越来越多的猜测表明，央行明年可能会采取更温和的立场，随着通货膨胀的稳定，可能会将基准利率降至2.5%。

The South Korean won continued its recent decline toward 1,400 per dollar, heading back to its lowest level since late October 2022, as the US dollar strengthened bolstered by the momentum of President-elect Trump’s proposed policies. Traders now await clarity of Trump’s policies that could reignite inflation and gauge the Federal Reserve’s future rate cuts. Furthermore, rising tensions between Russia and Ukraine, which is a positive signal for the dollar, may put further pressure on the won. Domestically, investors await the Bank of Korea's rate decision next week, with expectations to keep rates at 3.25% after the October cut. However, growing speculation suggests the central bank may adopt a more dovish stance next year, potentially lowering the benchmark rate to 2.5% as inflation stabilizes.