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奕斯偉計算招股入場費3212.07元 連3年經調整淨虧損逾10億元

奕斯偉計算（1256）招股價1.48元至1.59元，每手2000股入場費3212.07元，明日中午截止認購、本周五掛牌，集資最多24.966億元。公司2023年、2024年及去年經調整淨虧損均逾10億元（人民幣），招股書預期可見未來將繼續淨虧損。

Bond Asset Management's Liang Jiang: Hang Seng Index has less than 10% room to fall, bullish on 6 stocks

Liang Jiang, chief investment officer of Bond Asset Management, forecasts that US interest rate hike pressure will persist at least until the first quarter of next year, during which the Hang Seng Index will be easier to fall than rise, but with no more than 10% room for further decline. The Hang Seng Index fell 537 points or 2.19% last week, falling for four consecutive weeks with a cumulative drop of 1,678 points or 6.54%. He is bullish on Tencent, Midea, Shenhua, Fuyao Glass, as well as Luxshare Precision and Sunny Optical, which benefit from the hot sales of the iPhone 18.

陳家齊：港投公司「投早投小」 不會因市場波動被迫套現

港投公司行政總裁陳家齊表示，港投公司以「投早投小」為核心策略，不會因市場波動被迫套現。港投公司成立至今4年，已投資超過200間企業，11間已在港上市，另有超過30間計劃今年內上市。政府每一元投資平均帶動超過8元長期資本跟投。

Gobi Partners co-founder urges Central Asian tech firms to list in Hong Kong

Gobi Partners managing partner Tang Qibo urged attracting Central Asian technology companies to list in Hong Kong, believing that cooperation between the exchanges of Hong Kong and Kazakhstan can open up an alternative route to connect capital markets for local technology companies beyond traditional energy firms. Kazakhstan has already produced video start-up Higgsfield, valued at over US$1 billion, and has attracted Middle Eastern capital to explore opportunities locally.

Mainland insurance funds' participation in ETF Connect launched; Christopher Hui says market response positive

Secretary for Financial Services and the Treasury Christopher Hui said that after the National Financial Regulatory Administration of the mainland gave the green light in August this year for mainland insurance funds to invest in ETFs via the Stock Connect, the measure allowing insurance funds to participate in ETF Connect trading was officially implemented at the end of September. He said the market response had been very positive after the announcement, and there were great expectations for insurance funds to participate in southbound ETF Connect trading.

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第三季新股基投大多帳面虧損 GIC蝕5.5億元最多

第三季焦點新股的基石投資者大多帳面虧損，新加坡政府投資公司（GIC）帳蝕5.5億元最多。認購希音（0625）、MOMENTA（6880）的基投包括博裕、淡馬錫、阿布扎比投資局及富達等基金。因基投一般設6個月禁售期未能及時沽貨，僅阿布扎比投資局以中際旭創（3308）帳面獲利抵銷MOMENTA虧損。

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上季新股表現轉弱 近半首日破底 六成IPO季內累計潛水 分析：上市熱潮未完

今年第三季上市新股有45.2%首日破底，較今年上半年83隻主板新股只有14.5%首掛跌破招股價明顯轉弱。德勤統計今年首三季IPO集資額達HK$3879億元，預期全年約160隻新股、集資額至少HK$4800億元，有望超越2010年約HK$4450億元的歷史高位。分析認為上市熱潮未完。

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陳茂波：國慶黃金周首三天逾73.2萬內地旅客訪港 按年增約8%

財政司司長陳茂波在網誌稱，國慶黃金周首三天逾73.2萬內地旅客人次訪港，按年增約8%，旅遊區食肆和商舖生意錄得增長。今年首九個月港股日均成交額2729億元，按年增長6.4%，116家企業在港上市、集資額逾3880億元。他指美國長期債息升至24年高位令港股氣氛近期受影響。

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陳茂波：國慶黃金周首三天逾73.2萬內地旅客人次訪港 按年增約8%

財政司司長陳茂波表示，國慶黃金周首三天有超過73.2萬內地旅客人次訪港，按年增加約8%。他在網誌稱不少食肆和商鋪、特別是旅遊區商戶生意錄得增長。首九個月港股平均每日成交額2729億元，按年增長6.4%，但美國長期債息升至24年高位令港股氣氛受影響。

陳家齊：部分海外輿論對香港不公平 投資者見創科機遇後感樂觀

港投公司行政總裁陳家齊說，部分海外輿論對香港不公平，經公司解釋後投資者看見香港在資本、創科機遇和人才等方面的優勢而感樂觀。截至去年底，港投公司投資組合淨內部回報率達14%，每1港元投資帶動超過8港元國際長期市場資金跟投。至今已投資超過200個項目，當中11家已上市，30多家企業已提交或計劃今年提交在港上市申請。

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財政司司長網誌盤點黃金周旅客與首九個月港股數據 談多哈之行深化合作

財政司司長在網誌表示，黃金周首三天已有超過73.2萬內地旅客訪港，按年增約8.4%。首九個月港股日均成交額2,729億元，116家企業上市集資逾3,880億元。他出訪多哈出席亞投行年會，指與中東及全球南方合作正邁向創科與實業項目。

陳家齊強調港投屬耐心資本 倘在資本市場進進出出難獲國際認受

港投公司行政總裁陳家齊強調港投屬耐心資本，若資本在市場上進進出出，國際認受性不會強，優秀創科企業和人才亦不會期盼。港投公司已設立離岸人民幣創投基金並開始投資人工智能及腦機介面等項目，被投公司在港知識產權註冊超過300個、與大學合作超過200個項目。

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港投公司陳家齊稱逾30家被投企業擬今年內申請在港上市

港投公司行政總裁陳家齊在一個電台節目表示，超過30多家被投企業計劃今年餘下時間提交在港上市申請，已有11家被投企業在港上市。她指公司累計投資超過200個項目，每港元投資帶動超過8元長期資金跟投，截至去年底組合淨內部回報率達14%。

Fung Kei-shing: Renminbi breaks through 6.7 mark, momentum for appreciation remains

After the onshore renminbi exchange rate against the US dollar rose above the 6.7 mark, it continues to hover around this level. The renminbi exchange rate has continued to strengthen this year, underpinned both by the fundamentals of the mainland economy and by changes in the external market environment. Analysts believe the momentum for renminbi appreciation remains.

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致豐工業獲立訊精密洽購75%股權 股價一年升逾9倍

致豐工業（1710）獲立訊精密（2475）接洽，雙方訂立非具約束力的諒解備忘錄，擬提出收購其75%股權。有關討論設有兩個月排他期並會進行盡職調查，股份停牌後將於下周一恢復買賣。致豐股價一年升逾9倍。

基匯房產私募債基金 申請來港上市

基匯資本成員管理的基匯資本房地產私募債務開放式基金上周五入表申請來港上市，若上市成事將成為香港首家房地產私募債基金上市。該基金規範以少於五成總資產投資住宅，並初步計劃按季派息。

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美聯儲月底議息 官員對息口走勢存分歧

美聯儲本月底將再議息，上周官員對息口走勢意見不一。達拉斯聯儲銀行總裁洛根估計需再加息0.5厘，芝加哥聯儲銀行行長古爾斯比稱加息或減息都是選項，理事鮑曼則稱看不到進一步行動的迫切需要。

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Nvidia受捧 盤中市值曾逾5.7萬億美元新高

Nvidia盤中市值一度升至逾5.7萬億美元創新高，帶動以科技股為主的納斯達克指數上周五升近1.8%。美國9月非農新增職位遠遜預期，市場對美聯儲本月底宣布加息的預期降溫，多家科技股同創盤中新高；恒生指數夜期低水，料港股周一繼續與美股分道揚鑣。

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「壽險管理師」考試作弊案 保監局：涉案中介處理的保單效力不受影響

保監局指涉案保險中介人處理的保單，效力及保單持有人權益不受影響。警方今年8月28日公布搗破由保險從業員操控、涉嫌協助考生作弊取得「壽險管理師」（FLMI）資格的集團，拘捕11名成員及4名考生，涉案考場營運約一年半，至少250人透過該考場獲取FLMI資格後再考取保險牌照。

Chow Hin: Ningde is a place of outstanding talent

In his column, Chow Hin recounts the experiences of Contemporary Amperex Technology founder Zeng Yuqun, saying that Ningde is a place of outstanding talent. Zeng was born in 1968, graduated with a bachelor's degree from the Department of Naval Architecture and Ocean Engineering at Shanghai Jiao Tong University in 1989, and started his first business in 1999. His company was one of the earliest in the world to solve the swelling problem of polymer lithium batteries and achieve commercialisation, and was later acquired by TDK. He started a second business in 2011, establishing Contemporary Amperex Technology (3750).

Lo Chun-hong: US stocks show divergence at highs, a warning of outward strength masking internal weakness

Lo Chun-hong said the S&P 500 index is near its 52-week high, but fewer and fewer stocks are maintaining strength, with clear divergence in market internals, presenting a warning of outward strength masking internal weakness. The S&P 500 is calculated on a market-capitalisation-weighted basis, so a small number of large heavyweight stocks can keep rising and push the index higher even as many constituent stocks fall, meaning record highs in the index do not necessarily represent an equally strong overall market.

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植耀輝：AI縮短新藥研發 長生不老藥即將成真？

《國家地理雜誌》9月號封面故事探討長生不老藥是否即將成真。隨着AI不斷提速，新藥研發所需時間以往以10年計，現時已縮短至3至5年。筆者對長生不老興趣一般，認為愈長壽愈需為退休打算，不如好好享受、活在當下。

創興存澳元12個月享4.4厘息

創興銀行客戶以5萬澳元或以上開立12個月澳元定存，可享4.4厘年利率。

Translation is not available yet. Showing the Traditional Chinese version.

匯立銀行12個月港元定存年利率3.2厘

匯立銀行客戶經手機應用程式敘做12個月港元定存，可享3.2厘年利率。

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張兆聰：美債息衝高 股市候低吸

張兆聰指美債息仍在走高，10年國債息率一度升破5.3厘，建議股市候低吸。美國個人消費支出（PCE）物價低於預期，美股周三晚先升後回，價值股、周期股沽壓很大，科技股、增長股整體偏強。美光（美：MU）收入和指引佳，但毛利率遜預期，費城半導體指數盤前向好。

Infinigence AI Reportedly Secretly Files for Hong Kong Listing, Held by Tencent, Baidu, Zhipu and Others

AGI (artificial general intelligence) infrastructure service provider Infinigence AI has secretly submitted a listing application to Hong Kong Exchanges and Clearing, with a possible listing as early as the first half of next year, expected to raise several hundred million US dollars. The company is backed by Tencent (0700), with shareholders including Tencent, Baidu, Zhipu and others.

New World returns 11 SKIES; UBS and Citi see it as positive

UBS and Citi assessed the agreement for New World to return 11 SKIES to the Airport Authority as positive news. UBS said that with the shadow cast by 11 SKIES over New World lifted, it expected the arrangement to pave the way for New World's rights issue and share placement; the bank said New World's existing share base is relatively small, and if it fails to raise new shares, this would limit the Airport Authority's ability to exercise its share purchase option to buy New World shares held by Chow Tai Fook Enterprises.

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比亞迪上月純電動車銷量增33%

比亞迪（1211）9月銷量突破46萬輛，純電動車銷量按年增33%。零跑汽車（9863）及吉利汽車（0175）旗下極氪品牌單月銷量同步創下歷史新高，理想汽車（2015）的單月交付量則按年回落。

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市場認為日本央行會議摘要未夠鷹派 日圓急挫兌港元見近4.95

日本央行9月貨幣政策會議意見摘要被市場認為表態未夠鷹派，日圓急挫，兌每美元跌至158.4附近，每百日圓兌港元跌近4.95水平。多名委員認為通脹上行風險增加、有必要加快加息，惟整體不足以支持短期內連續加息的預期，日圓兌美元一度急跌逾0.6%。

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美10年期債息見5.34厘 24年最高 分析指拋售美債已成惡性循環 基金被迫沽貨

美10年期國債收益率周四一度升至5.34厘，見2002年以來最高水平，其後略為回順。美債9月錄4年來最差單月表現，指標債息單月攀升逾半厘。市場人士警告拋售已形成惡性循環，部分基金在債息升至特定水平後被迫沽出美債，進一步推高債息及借貸成本。

Greater China revenue falls 26% in first quarter, Nike expects full-year overall revenue to decline

Nike expects overall revenue for the fiscal year ending end-May next year to record a "high single-digit" percentage decline. Revenue in Greater China plunged 26% in the first quarter, while overall revenue has contracted for two consecutive quarters. Nike's shares fell 5.7% earlier in the session and are down about 45% so far this year, potentially setting a record worst annual performance.

Hong Kong Exchanges and Clearing chief executive Bonnie Chan calls for Hong Kong to build a diversified asset ecosystem

Hong Kong Exchanges and Clearing chief executive Bonnie Chan has called for Hong Kong to build a diversified asset ecosystem covering fixed income and currencies, commodities and more, rather than relying solely on expanding and strengthening the stock market. She said global investors' attention has returned to Asia and China, with allocation preferences no longer confined to equities, and believes it is essential to invest in China.

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港幣匯率指數

二○二六年十月二日（星期五）港幣匯率指數為一百點六，較星期三的指數上升零點一。

Financial Secretary announces reappointment of HKIC chief executive

Financial Secretary Paul Chan announced that the board of HKIC has reappointed Carmen Chan as chief executive for a three-year term, effective 9 October this year. As at the date of the announcement, HKIC has invested in more than 200 projects, of which 11 companies have listed in Hong Kong, while over 30 others have submitted or plan to submit listing applications in Hong Kong. For every HK$1 invested by HKIC, more than HK$8 of international long-term market capital has been mobilised to co-invest.

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匯控挫5% 港股跌640點失24000

港股在最後一季首日挫640點，收市失守24000點，匯控與友邦保險同挫逾5%。美國10年期債息見2002年以來新高，布蘭特期油曾升穿102美元，加上內地假期休市缺乏北水，恒指裂口低開514點、曾挫最多748點。恒指全日挫2.6%，為3月23日以來最大跌幅。

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許家印資產接管人向張松橋追187億

許家印的資產接管人（即恒大兩名清盤人）以許家印名義在高等法院提起訴訟，向中渝系富豪張松橋及中國恒大前副主席蔣大龍追討多筆款項。當中張松橋所涉款項最高達186.5億元。

New World may offer shares to Airport Authority; 11 SKIES news once sent shares up 10% before closing down 4%

New World Development (0017) will return the 11 SKIES project at the airport to the Airport Authority, while Chow Tai Fook Enterprises will grant the Airport Authority a three-year option to acquire its 750 million New World shares (about 29.8% of issued shares) for a consideration of $1, with an exercise price of $2.25 billion, implying $3 per share. Analysts said Chow Tai Fook Enterprises currently holds about 45%, which would fall to about 15% after the sale, and it must increase its New World stake to complete the transaction, possibly requiring a rights issue and share placement that would dilute minority shareholders' interests; the news once sent the shares up 10%, before they closed down 4%.

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HKIC延長Clara Chan三年任期 HK$620億基金配合香港五年規劃

HKIC宣布延長行政總裁Clara Chan的任期三年，她將續任至2029年10月。這家政府全資投資機構管理的基金規模達HK$620億元，將配合香港首個五年規劃，推動新興產業發展。

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香港新股首日跌多升少，9月12隻IPO有7隻收跌

香港新股上市首日跌多升少，9月12隻IPO有7隻首日收跌。據Bloomberg數據，第三季31隻新股有15隻首日下跌，上半年77隻新股只有14隻下跌；Medcaptain Medical Technology首日大跌43%，Shein首日最多跌10%。

Hong Kong ranks 7th globally in attracting next-generation high-net-worth individuals, behind Singapore

Savills research shows that Hong Kong ranks 7th globally in attracting and retaining next-generation high-net-worth individuals, behind Singapore at 6th. The two major Asia-Pacific financial hubs are strengthening their positions as regional wealth management centres in response to the unprecedented intergenerational transfer of global wealth.