香港10年期政府债券收益率升至11周高点3.15%。过去4周，香港10Y债券收益率上升34.90个基点，最近12个月下降133.90个基点。

HK 10 Year Government Bond Yield increased to a 11-week high of 3.15%. Over the past 4 weeks, Hong Kong 10Y Bond Yield gained 34.90 basis points, and in the last 12 months, it decreased 133.90 basis points.

周三，恒生指数飙升261点，涨幅1.3%，收于20760点，在科技、消费者和金融股领涨的广泛涨势中，从前一天的低迷时段反弹。正如一家与政府有联系的智库所建议的那样，由于对2万亿元人民币市场稳定基金的押注，中国市场连续第四天上涨，交易员增加了新的头寸。此外，中国人民银行计划扩大其新的掉期工具的规模，以支持周二初始5000亿元人民币配额后的股市流动性。然而，由于美国经济强劲以及对选举后财政赤字扩大的担忧，投资者降低了对快速政策宽松的预期，美国期货大幅下跌限制了涨幅。与此同时，国际货币基金组织预测，今年全球经济增长将略微放缓至3.2%，到2025年将保持稳定。华润饮料在香港上市，股价飙升近15%。其他涨幅最大的是汽车股，如李汽车（6.9%）、吉利汽车（6.5%）和比亚迪电子（2.7%）。

The Hang Seng surged 261 points or 1.3% to end at 20,760 on Wednesday, recovering from a muted session the day before amid broad-based gains led by tech, consumers, and financials. Traders added new positions as Chinese markets rose for a fourth day, fueled by bets about a CNY 2 trillion market stabilization fund, as suggested by a government-linked think tank. Additionally, the PBoC plans to expand the size of its new swap facility to support stock market liquidity after an initial CNY 500 billion quota Tuesday. However, gains were capped by a sharp drop in US futures as investors scaled back expectations of rapid policy easing due to a strong US economy and concerns over widening fiscal deficits post-election. Meanwhile, the IMF projected global growth to ease slightly to 3.2% this year, staying steady through 2025. China Resources Beverage soared near 15% on its Hong Kong debut. Other top movers were auto stocks such as Li Auto (6.9%), Geely Auto (6.5%), and BYD Electronic (2.7%).

香港股市周三早盘上涨148点，涨幅0.7%，至20647点，连续第二个交易日上涨，所有板块普遍上涨。周二，中国一些地方金融机构利用中国央行的掉期工具来重振股市，交易员们对此感到乐观。在本地，香港9月份的年通胀率达到2.2%的3个月低点，而基本通胀率降至0.9%。一位政府发言人表示，在短期内，该市的整体通胀应保持温和。然而，美国期货的暴跌限制了进一步的上涨，特别是在国际货币基金组织将2025年全球增长预测下调至3.2%之后，由于战争和贸易保护主义的风险越来越大，比7月份的估计低0.1个百分点。饮料制造商华润饮料（China Resources Beverage）在香港上市首日股价上涨13.5%。其他表现优异的股票包括Pop-Mart International（18.2%）、阳光保险集团（8.4%）、中国龙源电力（5.7%）、迷你索集团（5.1%）和美团（4.7%）。

Hong Kong's equities climbed 148 points or 0.7% to 20,647 in early deals on Wednesday, increasing for the second session as gains were widespread across all sectors. Traders were upbeat after some local financial institutions in China Tuesday tapped a swap facility from the PBoC to revive the stock market. Locally, the annual inflation in Hong Kong hit a 3-month low of 2.2% in September while underlying inflation eased to 0.9%. In the near term, overall inflation in the city should stay mild, a govt. spokesman said. However, a plunge in US futures capped further gains, particularly after the IMF cut its global growth forecast for 2025 to 3.2%, 0.1ppts lower than a July estimate, due to mounting risks from wars to trade protectionism. Shares of drinks maker China Resources Beverage jumped 13.5% on its Hong Kong trading debut. Other outperforming stocks included Pop Mart Intl. (18.2%), Sunshine Insurance Group (8.4%), China Longyuan Power (5.7%), Miniso Group (5.1%), and Meituan (4.7%).

香港的年通胀率从上月的2.5%降至2024年9月的2.2%，低于市场预期的2.4%。这标志着自6月以来的最低通胀率，因为食品（1%对8月的1.8%）、运输（1%对2.8%）和杂项服务（2%对2.2%）的价格有所放缓。此外，住房成本保持不变（3.3%），而服装和鞋类（-1.6%对-1.8%）和耐用品（-0.4%对-0.9%）的通货紧缩有所缓解。与此同时，电力、天然气和水（6.5%对4.8%）、酒精饮料和烟草（21.4%对20.8%）以及杂项商品（1.2%对0.9%）的价格加速上涨。2024年9月，消费者价格在上个月没有增长后，每月上涨0.1%。

The annual inflation rate in Hong Kong edged down to 2.2% in September 2024 from 2.5% in the previous month, below market expectations of 2.4% gain. This marked the lowest inflation rate since June, as prices moderated for food (1% vs 1.8% in August), transport (1% vs 2.8%), and miscellaneous services (2% vs 2.2%). Moreover, costs remained unchanged for housing (3.3%) while deflation eased for clothing and footwear (-1.6% vs -1.8%) and durable goods (-0.4% vs -0.9%). Meanwhile, prices accelerated for electricity, gas and water (6.5% vs 4.8%), alcoholic drinks and tobacco (21.4% vs 20.8%), and miscellaneous goods (1.2% vs 0.9%). On a monthly basis, consumer prices rose 0.1% in September 2024, after showing no growth in the previous month.