美國白宮國家經濟委員會主任哈塞特：經濟強勁的跡象顯而易見。

Hong Kong's Hang Seng Index (HSI) closed down 31.05 points (-0.13%) at 24,314.17 on Wednesday, Oct 14. The Hang Seng Tech Index rose 37.84 points (+0.91%) to 4,174.47. The Hang Seng China Enterprises Index (H‑shares) gained 8.45 points (+0.10%) to 8,183.17, while the Red Chip Index fell 9.12 points (-0.22%) to 4,064.05.

Active, growth- and earnings-focused fund managers are increasingly skeptical of the US equity rally. Deutsche Bank's compilation shows active investors' equity allocations have fallen to the lower third of their historical range, citing elevated US Treasury yields, the Iran war and persistent inflation. At the same time, major indices have risen and volatility has eased, prompting systematic/quant funds to keep buying and remain overweight US equities. The resulting active underweight versus systematic overweight gap is the second-largest since 2020. Deutsche Bank strategist Parag Thatte said: "This divergence has little room to widen further, so one side will likely give ground soon."