香港10年期国债 (HongKong10Y) 加自选

香港股市在周四早盘交易中下跌99点，跌幅0.53%，至18480点，11个交易日来首次下跌，原因是大多数板块下跌，尤其是科技、消费者和金融板块。在恒生指数触及8个月来的最高水平后，交易员锁定了利润。此外，在本周中国公布一些关键数据之前，包括4月份的贸易数据和通胀数据，人们的警惕性有所提高。与此同时，根据上周的官方数据，4月份中国服务业的增长是3个月来最小的。此外，一家私人调查公司周一显示，由于成本上升，该国服务活动的增长率有所放缓。在中国最近召开的政治局会议之后，对支持性政策的押注为今年秋天画上了句号。在美国，由于希望美联储今年能够降息，股市一夜之间出现了自11月以来最好的3天涨势。腾讯（Tencent Hlds）是影响该指数的一些大盘股。（-0.7%），美团（-3.8%），科大。（-3.1%）和中通快递（-2.5%）。

Hong Kong's shares lost 99 points or 0.53% to 18,480 in morning deals on Thursday, falling for the first session in 11 due to losses in most sectors, notably tech, consumers, and financials. Traders locked their profits after the Hang Seng hit its highest level in 8 months. Further, vigilance grew ahead of some key data from China this week, including April trade figures and inflation numbers. Meanwhile, the Chinese service sector for April rose the least in 3 months, according to last week's official data. In addition, a private survey company showed Monday that the growth rate in the country's service activity eased due to rising costs. Bets for supportive policies following China's recent Politburo meeting capped the fall. In the US, stocks saw their best 3-day rally since November overnight, on hopes that the Fed will be able to cut interest rates this year. Some big-cap that weighed the index were Tencent Hlds. (-0.7%), Meituan (-3.8%), KE Hlds. (-3.1%), and ZTO Express (-2.5%).

周一，恒生指数上涨102.38点，涨幅0.55%，收于18578.30点，连续第10个交易日上涨，这是自2018年以来最长的连胜纪录，得益于中国股市假期归来后的反弹，盈利复苏、估值低廉，以及北京方面为缓解长期房地产危机而提供新政策支持的迹象。市场保持八个月来的最高水平，此前私人调查数据显示，尽管存在一些成本压力，但上月大陆的服务活动连续第16个月增长。此外，香港私营部门活动连续第二个月持续增长。与此同时，在美国4月就业增长放缓超过预期，美联储今年保持降息窗口后，美国期货小幅上涨。多数板块上涨，科技、消费者和金融板块领涨。一些涨幅较大的股票是李汽车（6.2%）、昆仑能源（4.5%）、出行。Com（4.3%），Techtronic Inds。（3.7%）和腾讯控股。(2.0%).

The Hang Seng rose 102.38 points or 0.55% to end at 18,578.30 on Monday, increasing for the 10th session which was the longest winning streak since 2018, supported by a rally in Chinese stocks on their return from a holiday amid a combination of earnings recovery, cheap valuations, and signs of new policy support from Beijing to ease a prolonged property crisis. Markets held their highest level in eight months after private survey data showed service activity in the mainland rose for the 16th month last month despite some cost pressure. In addition, private sector activity in Hong Kong continued to grow for the second month. Meanwhile, US futures increased modestly after US job growth slowed more than expected in Apri, and the Fed kept a window open for rate cuts this year. Most sectors gained, led by tech, consumers, and financials. Some big stocks that logged solid rises were Li Auto (6.2%), Kunlun Energy Co. (4.5%), Trip.Com (4.3%), Techtronic Inds. (3.7%), and Tencent Hlds. (2.0%).

香港股市周一早盘上涨23点，涨幅0.11%，至18505点，试图保持2018年以来最长的涨幅，主要来自科技、消费者和金融业。投资者消化了私人调查数据，这些数据显示，尽管有成本压力的迹象，但4月份中国服务业经济连续第16个月增长。上周的官方数据显示，该行业涨幅为三个月来最低。就香港而言，私营部门活动连续第二个月扩张，但其增长速度较3月份的峰值有所放缓。另一方面，该市第一季度的GDP数据远强于预期。华尔街周五的反弹也有助于提振市场情绪，因为疲软的美国就业报告激发了美联储降息的希望。在大陆，上周休了三天假后，市场今天恢复。腾讯重量级人物。涨幅1.2%，紧随其后的是李汽车（6.9%）、Trip。Com（3.0%）和友邦保险集团有限公司（1.7%）。

Stocks in Hong Kong added 23 points or 0.11% higher to 18,505 in early trade on Monday, trying to maintain the longest winning streak since 2018 amid gains mostly from tech, consumers, and financials. Investors digested private survey data that showed the service economy in China grew for the 16th straight month in April despite signs of cost pressure. The latest reading came after last week's official figures indicated the sector rose the least in three months. Turning to Hong Kong, private sector activity expanded for the second month but its growth rate slowed from March's 3-month peak. In other news, the city's GDP data for Q1 came in much stronger than expected. A rally on Wall Street Friday also helped lift sentiment as soft US jobs report stoked hopes of an interest rate cut from the Fed. In the mainland, markets resumed today after a three-day holiday last week. Heavyweight Tencent Hlds. added 1.2%, followed by Li Auto (6.9%), Trip.Com (3.0%), and AIA Group Ltd. (1.7%).

标普全球香港特别行政区采购经理人指数从3月份的50.9降至2024年4月的50.6。尽管如此，这是私营部门活动连续第二个月增长，产出三个月来首次上升，主要受到服务业的支持。此外，就业人数在几个月内第三次增加，有助于进一步清理积压工作。与此同时，新订单在3月份扩大后有所下降。与此同时，来自国外和中国大陆的新业务分别以16个月和3个月来的最快速度放缓。因此，公司连续第8个月减少了购买活动。由于发货延迟，供应商业绩连续第二个月恶化，交货期延长幅度为2022年7月以来最大。在价格方面，投入成本是三年多来涨幅最小的，而产出价格通胀有所缓和。最后，市场情绪依然低迷，反映出竞争加剧和影响销售的经济状况低迷。

The S&P Global Hong Kong SAR PMI fell to 50.6 in April 2024 from March's 3-month top of 50.9. Still, it was the second straight month of growth in private sector activity, with output rising for the first time in three months, mainly supported by the service sector. Also, employment increased for the third time in as many months, helping to further clear backlogs. Meanwhile, new orders dropped after expanding in March. At the same time, new business from abroad and mainland China eased at the fastest rates in 16 and three months, respectively. As a result, firms cut their buying activity for the 8th month running. Due to shipment delays, vendor performance deteriorated for the second successive month, with lead times lengthening the most since July 2022. On prices, input cost rose the least in over 3 years while output price inflation softened. Finally, sentiment remained downbeat, reflecting increasing competition and subdued economic conditions that affect sales.