美元/离岸人民币 (USDCNH) 加自选

中国国家统计局制造业采购经理人指数升至50.1，六个月来首次扩张。10月，中国国家统计局制造业采购经理人指数升至50.1，符合预期，标志着自4月以来的首次扩张。大企业领涨，从50.6升至51.5，而中型企业小幅升至49.4。

China's NBS PMI manufacturing rises to 50.1, first expansion in six months.China's NBS Manufacturing PMI increased to 50.1 in October, meeting expectations and marking the first expansion since April. The improvement was led by large enterprises, which rose to 51.5 from 50.6, while medium-sized firms inched up to 49.4.

中国10年期政府债券收益率升至2.15%左右，连续第二个交易日上涨，达到三周高点。周四，官方数据显示，制造业活动自4月以来首次扩张，从上月的49.8增至10月的50.1，略高于预期的50。这一发展表明，近几个月来面临挑战的制造业情绪发生了重大转变。与此同时，服务业活动略有上升，从9月份的50上升到10月份的50.2。然而，这一数字低于预期的50.4，表明虽然有改善的迹象，但可能不足以支持更广泛的经济复苏。交易员们现在非常关注即将于11月4日至8日举行的全国人民代表大会会议，以了解可能影响经济的预期财政支持措施。

China's 10-year government bond yield rose to around 2.15%, marking its second consecutive session of gains and reaching a three-week high. On Thursday, official data revealed that manufacturing activity saw its first expansion since April, increasing to 50.1 in October from 49.8 in the previous month and slightly exceeding expectations of 50. This development signals a significant shift in sentiment for the manufacturing sector, which has faced challenges in recent months. Meanwhile, services activity saw a modest rise, moving to 50.2 in October from 50 in September. However, this figure fell short of the expected 50.4, indicating that while there are signs of improvement, it may not be sufficient to bolster a broader economic recovery. Traders are now keenly focused on the upcoming National People’s Congress meeting, scheduled for November 4-8, for insights into expected fiscal support measures that could impact the economy.

中国采购经理人指数公布后，离岸人民币兑美元汇率跌至7.13左右。周四，官方数据显示，制造业活动出现了自4月以来的首次扩张，从9月的49.8上升到10月的50.1，略高于预期的50。这标志着近几个月来一直在苦苦挣扎的制造业情绪发生了显著转变。与此同时，服务业活动略有增长，从上个月的50上升到10月份的50.2。然而，这一数字低于预测的50.4，表明虽然该行业有所改善，但可能不足以完全支持更广泛的经济复苏。交易员们现在正密切关注即将于11月4日至8日召开的全国人民代表大会，以了解可能影响经济的预期财政支持措施。

The offshore yuan fell to around 7.13 per dollar following the release of Chinese PMI data. On Thursday, official figures indicated that manufacturing activity recorded its first expansion since April, rising to 50.1 in October, up from 49.8 in September and slightly surpassing expectations of 50. This marked a notable shift in sentiment for the manufacturing sector, which had been struggling in recent months. Meanwhile, services activity experienced a modest increase, rising to 50.2 in October from 50 in the previous month. However, this figure fell short of the forecasted 50.4, suggesting that while there is some improvement in the sector, it may not be enough to fully support broader economic recovery. Traders are now closely watching the upcoming National People’s Congress meeting, set for November 4-8, for insights into expected fiscal support measures that could impact the economy.

上证综指上涨0.3%，收于3276点左右，而深证成分股周四上涨1.4%，收于10680点，打破了连续两天的下跌，强劲的制造业数据提振了市场情绪。国家统计局的一份报告显示，在需求状况改善的推动下，10月份中国的工厂活动自4月以来首次进入扩张领域。尽管服务业活动也保持扩张性，但低于预期。投资者现在正关注即将于11月4日至8日举行的全国人民代表大会，预计届时将公布有关债务和财政举措的潜在公告。媒体报道称，中国可能正在考虑一项超过10万亿元人民币的一揽子计划来刺激经济。权重股涨幅显著，包括东方财富信息（7.7%）、江苏合润（3.4%）、天丰证券（10%）、TCL科技（7.1%）和中国长城（10%）。

The Shanghai Composite rose 0.3% to around 3,276, while the Shenzhen Component jumped 1.4% to 10,680 on Thursday, breaking a two-day decline as strong manufacturing data boosted market sentiment. An NBS report indicated that factory activity in China entered expansion territory in October for the first time since April, driven by improving demand conditions. Although services activity also remained expansionary, it fell short of expectations. Investors are now focusing on the upcoming National People’s Congress, scheduled for November 4-8, where potential announcements regarding debt and fiscal initiatives are anticipated. Media reports suggest that China may be considering a package exceeding 10 trillion yuan to stimulate the economy. Heavyweight firms saw notable gains, including East Money Information (7.7%), Jiangsu Hoperun (3.4%), Tianfeng Securities (10%), TCL Technology (7.1%), and China Greatwall (10%).