SWISS NATIONAL BANK says inf will continue to rise modestly in Q4, then ease again in 2027.

A股教育板塊短線拉昇，科德教育漲超14%，昂立教育、華圖山鼎、全通教育、凱文教育、學大教育等跟漲。

Hong Kong stocks closed lower after a weak open and midday rebound. HSI fell 0.29%; Hang Seng Tech Index down 0.41%. Oil names outperformed—00857.HK up ~3%—and port/transport rallied, 01138.HK +>2%. Banks, agriculture, auto dealers, power and gas saw buying. Biotech underperformed, 09969.HK down >7%; chip names extended losses, 03986.HK down >5%. Other laggards included optical communications, mainland property, media, airlines and nonferrous metals.