恒生指数下跌，美国国债收益率飙升，中国刺激措施等待。美国国债收益率上升，给亚洲市场带来压力。恒生指数下跌0.14%，房地产和科技股领跌。

Hang Seng Index Dips as US Treasury Yields Surge, China Stimulus Awaited.US Treasury yields rise, pressuring Asian markets. Hang Seng falls 0.14%, with real estate and tech stocks leading the decline.

周四，上证综指下跌0.7%，至3280点左右，深证成分股下跌0.8%，至10490点。由于即将到来的美国总统大选使投资者对中美紧张局势的潜在升级感到紧张，内地股市结束了四天的上涨。在当局实施了一系列刺激措施，包括降低关键贷款利率以恢复经济增长和各种货币工具以提振股市活动后，投资者也在等待北京方面的进一步政策信号。与此同时，缺乏积极的财政刺激措施继续给市场带来压力，因为积极的政府支出被视为支持增长的关键。四川长虹（-5.1%）、Seres Group（-1.5%）、光启科技（-8.2%）、上海电气（-1.2%）和隆基绿色能源（-2.7%）均出现显著亏损。

The Shanghai Composite fell 0.7% to around 3,280 while the Shenzhen Component dropped 0.8% to 10,490 on Thursday, with mainland stocks snapping a four-day advance as the upcoming US presidential election kept investors on edge for a potential escalation of Sino-US tensions. Investors also awaited further policy signals from Beijing after authorities implemented a slew of stimulus measures including a reduction of key lending rate to revive economic growth and various monetary tools to boost stock market activity. Meanwhile, the lack of aggressive fiscal stimulus continued to weigh on the market as aggressive government spending is seen as crucial to support growth. Notable losses were seen from Sichuan Changhong (-5.1%), Seres Group (-1.5%), Kuang-Chi Technologies (-8.2%), Shanghai Electric (-1.2%) and Longi Green Energy (-2.7%).

中国现在面临日本式经济“失落的十年”前景的可能性越来越大。我只是在读美国企业研究所的一篇文章，这是一家总部位于华盛顿特区的中右翼智库，研究政府、政治、经济等。

Heightening chance China now faces the prospect of a Japanese-style lost economic decade.I'm just reading through a piece from the American Enterprise Institute, a center-right/right-wing think tank based in Washington, D.C., that researches government, politics, economics, etc.

看跌围绕着中国的人民币，为特朗普的胜利做准备。中国货币正感受到唐纳德·特朗普可能重返美国总统职位的压力，不仅来自做空人民币的投机者，还来自一直囤积美元的大陆出口商。

Bears circle China's yuan gearing for Trump win.China's currency is feeling the pressure from a possible return of Donald Trump as U.S. president, not just from speculators shorting the currency but also mainland exporters who have been hoarding dollars.