初步估计显示，香港经济在2024年第三季度同比增长1.8%，较上一季度下调后的3.2%大幅降温，放缓幅度超过预期的3.1%。经济放缓的原因是固定投资（3.7%对第二季度的4.1%）和政府支出（2.1%对2.2%）的增长放缓。此外，私人消费继续下降（-1.4%对-1.6%）。在净贸易方面，商品出口的增长率有所放缓（3.9%对7.5%），而服务业的增长速度更快（2.4%对1.1%）。在进口方面，商品和服务的增长分别从3.4%和12.3%放缓至2.6%和8.2%。经季节性调整的季度数据显示，经济收缩1.1%，这是两年来的首次收缩，此前一季度经济增长向下修正为0.3%。

Hong Kong’s economy expanded 1.8% year-on-year in the third quarter of 2024, sharply cooling from a downwardly revised 3.2% growth in the previous period and slowing more than the expected 3.1%, preliminary estimates showed. The slowdown was driven by the easing growth in fixed investments (3.7% vs 4.1% in Q2) and government spending (2.1% vs 2.2%). Additionally, private consumption continued to decline (-1.4% vs -1.6%). On net trade, the growth rate for goods exports moderated (3.9% vs 7.5%), while services grew at a faster pace (2.4% vs 1.1%). For imports, the increase in goods and services slowed to 2.6% and 8.2% from 3.4% and 12.3%, respectively. On a seasonally adjusted quarterly basis, the economy shrank 1.1%, the first contraction in two years and following a downwardly revised 0.3% expansion in the prior quarter.

周四，恒生指数下跌63点，跌幅0.3%，收于20317点，这是由于科技股和消费类股下跌导致的第二个交易日的下跌。在个人消费支出通胀数据和10月就业报告公布之前，美国期货的暴跌抑制了市场情绪。此外，围绕下周的美国大选和唐纳德·特朗普可能于1月重返白宫的担忧也在加剧。该指数10月份下跌3.9%，为三个月来首次下跌，有报道称，中国已要求汽车制造商缩减对欧洲市场的投资，以支持对中国制造的电动汽车征收新关税。尽管如此，在经历了5个月的下滑后，上个月中国工厂活动的增加限制了进一步的损失。投资者也在等待潜在的财政刺激措施，预计将在下周的中国领导人会议上讨论。百威啤酒在9个月的净利润和收入下降后暴跌1.8%。汽车股也出现大幅下跌，尤其是吉利汽车（-5.3%）、比亚迪电子（-5.0%）和李汽车（-1.1%）。

The Hang Seng shed 63 points or 0.3% to close at 20,317 on Thursday, marking its second session of losses due to declines in tech and consumer stocks. A slump in US futures dampened sentiment ahead of the PCE inflation data and October payrolls report. Also, concerns built around next week’s US election and the potential return of Donald Trump to the White House in January. The index sank 3.9% for Oct., its first monthly loss in three, amid reports that China has asked automakers to scale back their investments in European markets that back new tariffs on Chinese-made EVs. Still, a rise in China's factory activity last month after 5 months of decline limited further losses. Investors also awaited potential fiscal stimulus measures, expected to be discussed at a Chinese leadership meeting next week. Budweiser Brewing plunged 1.8% after a fall in its 9-month net profit and revenue. Auto stocks also saw steep losses, notably Geely Auto (-5.3%), BYD Electronic (-5.0%), and Li Auto (-1.1%).

香港股市周四早盘上涨133点，涨幅0.7%，至20514点，部分从前一天的暴跌中复苏，所有板块均上涨。交易员对10月份官方PMI数据做出了反应，该数据显示，在采取一系列新的刺激措施扭转经济放缓之后，中国的工厂活动六个月来首次增长。与此同时，服务业经济持续增长。投资者还热切期待下周中国领导人重要会议上可能出台的财政刺激措施的细节。路透社表示，北京可能会在未来几年授权发行超过10万亿元人民币的新政府债券，以支持经济。然而，在本周的个人消费支出指数和非农产品价格指数以及下周的总统选举和美联储会议之前，美国期货的小幅下跌限制了进一步的上涨。一些获胜的股票包括中国蒙牛乳业（5.5%）、华润置地（5%）和肯德基。（4.8%）和小米公司（2.9%）。

Hong Kong's equities climbed 133 points or 0.7% to 20,514 in early deals on Thursday, partly recovering from a slump the day before amid gains across all sectors. Traders reacted to official PMI figures for October that showed factory activity in China grew for the first time in six months following a string of fresh stimulus measures to reverse an economic slowdown. Meanwhile, growth in the services economy was sustained. Investors also keenly awaited details on potential fiscal stimulus measures from a major Chinese leadership meeting next week. Reuters said that Beijing might authorize issuing over CNY 10 trillion in new government debt in the coming years to support the economy. However, a modest decline in US futures limited further gains, ahead of this week's PCE index and NFP readings, as well as next week's presidential election and Fed meeting. Some winning shares included China Mengniu Dairy (5.5%), China Resources Land (5.%), and KE Hlds. (4.8%), and Xiaomi Corp. (2.9%).

周三，恒生指数下跌321点，跌幅1.6%，收于20381点，标志着在行业普遍下跌的情况下连续第二天下跌。在下周美国大选和美联储利率决定之前，投资者面临着更高的波动性。由于中国10月PMI数据将于次日公布，市场也保持谨慎。尽管如此，在纳斯达克周二创纪录收盘后，美国期货价格的小幅上涨限制了进一步的下跌。与此同时，下周的一次高级立法官员会议可能会对中国预期的财政刺激措施产生见解。路透社表示，北京可能会在未来几年授权发行超过10万亿元人民币的新债务，以提振经济。由于欧盟对中国制造的电动汽车征收高达45.3%的关税，蔚来（-7.0%）、小鹏（-4.5%）和吉利汽车（-3.1%）等电动汽车制造商遭受了巨大损失，该关税于今天生效。其他下跌的股票包括半导体制造（-7.5%）、美团（-2.5%）和腾讯控股（-1.8%）。

The Hang Seng tumbled 321 points or 1.6% to close at 20,381 on Wednesday, marking a second straight day of losses amid widespread sector declines. Investors faced heightened volatility ahead of next week’s US election and an interest rate decision from the Fed. Market caution also remained as China's October PMI data will be due the following day. Still, a modest rise in US futures limited further losses, after a record close for the Nasdaq Tuesday. Meanwhile, insights into China’s anticipated fiscal stimulus could emerge from a meeting of top legislative officials next week. Reuters said that Beijing might authorize issuing over CNY 10 trillion in new debt in the coming years to bolster the economy. EV makers such as NIO (-7.0%), Xpeng (-4.5%), and Geely Auto (-3.1%) suffered sharp losses as the EU imposed tariffs of up to 45.3% on Chinese-built EVs, effective today. Other losing stocks included Semiconductor Manufacturing (-7.5%), Meituan (-2.5%), and Tencent Holdings (-1.8%).