US 1-year Treasury auction to June 9 — share of awards at the stop-out yield 70.95%, versus 4.56% previously.

Hong Kong Monetary Authority chief Yue Mon said Q1 GDP rose 5.9% YoY, the fastest quarterly pace in nearly five years. He attributed growth to exports, consumption and investment, with exports especially strong: about 70% of export categories are AI and high-end electronics, and sustained global tech demand should continue to support trade and related industries. Domestic demand is recovering—housing has rebounded roughly 10% from the trough, boosting consumption via a wealth effect—and corporate investment is gradually returning, with overall investment now positive. Yue said the trend of global investors diversifying away from single-market risk should continue, and Hong Kong’s institutional, geographic and market advantages will keep attracting capital inflows.

美國至5月23日當週ADP就業人數週度變動 2.9萬人，前值3.575萬人。