<p>恒生指数周一下跌超过 1.18%，延续了自 5 月 14 日以来的抛售趋势，当时其达到 26,856 港元的高点。它回落至 24,466 港元，创下今年 3 月 30 日以来的最低水平。</p>
<p><strong>香港股市因全球科技股持续下跌而回落</strong></p>
<p>蓝筹股恒生指数大幅回落，反映出其他全球指数的表现。在韩国，蓝筹股 KOSPI 综合指数下跌超过 8%，创下多年来的最差表现。</p>
<p>同样，在日本，日经 225 指数下跌超过 3%，软银和 Kioxia 是主要的拖累者。它们是今年在日本表现最好的公司，受益于其在科技行业的重要角色。</p>
<p>今天，科技公司在恒生指数中也是主要的拖累者，延续了上周博通财报后开始的抛售。百度，作为中国的谷歌，暴跌 7%，较今年最高点下跌近 30%。它形成了风险较高的头肩顶形态，预示着进一步的疲软。</p>
<p>全球最大的电动车制造商比亚迪电子下跌 5%，而美团、半导体制造公司和快手科技周一下跌近 4%。</p>
<p>今年，中国科技公司落后于全球同行，恒生科技指数较去年最高点下跌 30%，而纳斯达克 100 指数则飙升至历史新高。</p>
<p><strong>中国股票面临重大风险</strong></p>
<p>恒生指数的持续回落发生在投资者从科技公司转移的同时，风险上升。例如，科技股在人工智能热潮中可能已经变得高度高估。</p>
<p>与此同时，美伊泥潭仍在继续。尽管特朗普总统暗示协议接近，但现实是双方在过去几天没有交换意见。这也解释了为什么原油价格相对较好，布伦特原油接近 100 美元的关键里程碑。</p>
<p>市场也在逐渐接受美联储可能在今年至少加息两次的事实。上周发布的一份报告显示，美国上个月新增超过 172,000 个就业岗位。本周的另一份报告可能显示，5 月份的消费者通胀率上升至 4.2%。</p>
<p><strong>恒生指数技术分析</strong></p>
<p><em>恒生指数图表 | 来源：TradingView</em></p>
<p>日线图显示，恒生指数在过去几天回落，目前处于 24,465 美元的关键支撑位。它已跌至今年 3 月 30 日以来的最低点。</p>
<p>该图表已跌破 50 日指数移动平均线（EMA）。它还形成了看似头肩顶形态，这是一种常见的看跌反转形态。</p>
<p>因此，最小阻力路径是看跌的，下一个关键目标是 24,000 美元。如果指数回落至 24,400 美元的关键支撑位以下，这一观点将得到确认。</p>

恒生指数

比亚迪电子

美团-W

美团(ADR)

<p>恒生指数在 6 月 8 日下跌超过 1.2%，创下自 3 月 30 日以来的最低水平，主要受到全球科技股抛售和获利了结的影响。主要的滞后股包括百度、比亚迪电子和美团。更广泛的市场风险包括潜在的科技股高估、美国与伊朗的紧张局势支撑油价接近 100 美元，以及强劲的美国就业数据预期进一步加息的美联储。技术分析显示，指数处于看跌趋势，低于 50 日指数移动平均线，目标支撑位在 24,000 美元</p>

<p>The Hang Seng Index retreated by over 1.18% on Monday, continuing a sell-off that started on May 14, when it peaked at H$26,856. It retreated to a low of H$24,466, its lowest level since March 30th this year.</p>
<div class="lb-trans"><p>恒生指数周一下跌超过 1.18%，延续了自 5 月 14 日以来的抛售趋势，当时其达到 26,856 港元的高点。它回落至 24,466 港元，创下今年 3 月 30 日以来的最低水平。</p>
</div><p><strong>Hong Kong stocks retreat as global rout in tech shares continue</strong></p>
<div class="lb-trans"><p><strong>香港股市因全球科技股持续下跌而回落</strong></p>
</div><p>The blue-chip Hang Seng Index retreated sharply, mirroring the performance of other global indices. In South Korea, the blue-chip KOSPI Composite Index retreated by over 8%, its worst-day performance in years.</p>
<div class="lb-trans"><p>蓝筹股恒生指数大幅回落，反映出其他全球指数的表现。在韩国，蓝筹股 KOSPI 综合指数下跌超过 8%，创下多年来的最差表现。</p>
</div><p>Similarly, in Japan, the Nikkei 225 Index retreated by over 3%, with Softbank and Kioxia being the top laggards. They have been the best-performing companies in Japan this year, helped by their important role in the technology industry.</p>
<div class="lb-trans"><p>同样，在日本，日经 225 指数下跌超过 3%，软银和 Kioxia 是主要的拖累者。它们是今年在日本表现最好的公司，受益于其在科技行业的重要角色。</p>
</div><p>Technology companies were among the top laggards in the Hang Seng today, continuing a sell-off that started after the Broadcom earnings last week. Baidu, China’s equivalent to Google, plunged by 7% and is down by nearly 30% from its highest point this year. It has formed the risky head-and-shoulders pattern, pointing to further weakness.</p>
<div class="lb-trans"><p>今天，科技公司在恒生指数中也是主要的拖累者，延续了上周博通财报后开始的抛售。百度，作为中国的谷歌，暴跌 7%，较今年最高点下跌近 30%。它形成了风险较高的头肩顶形态，预示着进一步的疲软。</p>
</div><p>BYD Electronic, the biggest electric vehicle manufacturer, dropped by 5%, while Meituan, Semiconductor Manufacturing Company, Kuaishou Techology dropped by nearly 4% on Monday.</p>
<div class="lb-trans"><p>全球最大的电动车制造商比亚迪电子下跌 5%，而美团、半导体制造公司和快手科技周一下跌近 4%。</p>
</div><p>Chinese technology companies have lagged behind their global counterparts this year, with the Hang Seng Tech Index falling by 30% from its highest point last year, while the Nasdaq 100 indices have jumped to a record high.</p>
<div class="lb-trans"><p>今年，中国科技公司落后于全球同行，恒生科技指数较去年最高点下跌 30%，而纳斯达克 100 指数则飙升至历史新高。</p>
</div><p><strong>Chinese stocks are facing major risks</strong></p>
<div class="lb-trans"><p><strong>中国股票面临重大风险</strong></p>
</div><p>The ongoing Hang Seng Index retreat is happening as investors rotate from technology companies and as risks rise. For example, there is a risk that technology stocks have become highly overvalued amid the AI surge.</p>
<div class="lb-trans"><p>恒生指数的持续回落发生在投资者从科技公司转移的同时，风险上升。例如，科技股在人工智能热潮中可能已经变得高度高估。</p>
</div><p>At the same time, the US-Iran quagmire continues. While President Donald Trump has hinted that a deal was close, the reality is that the two sides have not exchanged notes in the past few days. This explains why crude oil prices are doing relatively well, with Brent nearing the crucial milestone of $100.</p>
<div class="lb-trans"><p>与此同时，美伊泥潭仍在继续。尽管特朗普总统暗示协议接近，但现实是双方在过去几天没有交换意见。这也解释了为什么原油价格相对较好，布伦特原油接近 100 美元的关键里程碑。</p>
</div><p>The market is also coming to terms with the fact that the Federal Reserve will likely deliver at least two interest rate hikes this year. A report released last week showed that the US added over 172k jobs last month. A separate report this week will likely show that the headline consumer inflation rose to 4.2% in May this year.</p>
<div class="lb-trans"><p>市场也在逐渐接受美联储可能在今年至少加息两次的事实。上周发布的一份报告显示，美国上个月新增超过 172,000 个就业岗位。本周的另一份报告可能显示，5 月份的消费者通胀率上升至 4.2%。</p>
</div><p><strong>Hang Seng Index technical analysis</strong></p>
<div class="lb-trans"><p><strong>恒生指数技术分析</strong></p>
</div><p><em>Hang Seng Index chart | Source: TradingView</em></p>
<div class="lb-trans"><p><em>恒生指数图表 | 来源：TradingView</em></p>
</div><p>The daily chart shows that the HSI Index has retreated in the past few days and is now at a crucial support level of $24,465. It has dropped to the lowest point since March 30th this year.</p>
<div class="lb-trans"><p>日线图显示，恒生指数在过去几天回落，目前处于 24,465 美元的关键支撑位。它已跌至今年 3 月 30 日以来的最低点。</p>
</div><p>The chart has moved below the 50-day Exponential Moving Average (EMA). It also formed what looks like a head-and-shoulders pattern, a common bearish reversal pattern in technical analysis.</p>
<div class="lb-trans"><p>该图表已跌破 50 日指数移动平均线（EMA）。它还形成了看似头肩顶形态，这是一种常见的看跌反转形态。</p>
</div><p>Therefore, the path of the least resistance is bearish, with the next key target to watch being at $24,000. This view will be confirmed if the index retreats below the key key support at $24,400.</p>
<div class="lb-trans"><p>因此，最小阻力路径是看跌的，下一个关键目标是 24,000 美元。如果指数回落至 24,400 美元的关键支撑位以下，这一观点将得到确认。</p>
</div>

Here’s why the Hang Seng Index is falling by 1.20% today (June 8)

- 恒生指数周一下跌超过 1.18%，持续卖压自 5 月 14 日以来。  
- 香港科技股受全球市场跌势影响，百度下跌近 30%。  
- 投资者担忧科技股高估，预计美联储将加息，油价趋稳。

以下是恒生指数今日（6 月 8 日）下跌 1.20% 的原因