半年度盤點 | 上半年全球資產表現:黃金升幅最高,港股緊隨其後成大黑馬,比特幣重返10美元大關

熱點飛虎隊
Jul 03, 2025

2025年上半年已過去,回顧上半年全球資本市場的表現,黃金在各種因素影響下不斷創新高,港股罕見成大黑馬,比特幣重返10美元大關,美股動蕩之後突破新高。

表現最佳的資產分別為:黃金(25.18%)、恒生指數(20%)、恒生科技指數(18.68%)、比特幣(15.24%)、標普500指數(5.5%)及納指(5.48%)。表現最差的資產為原油:布蘭特原油(-9.32%)。

摩根士丹利認為,2025下半年,美元將繼續貶值。大摩看漲美股和美債,認為隨著關稅威脅緩和,同時伴隨著實質的貨幣寬鬆和監管放鬆,標普500指數明年第二季將達到6500點。

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