2025年6月9日港股盤前資訊摘要及分析

一、前香港恒生指數（HSI）收市價

• 恒生指數於6月6日收報23,792點，較前一日下跌約115點或0.48%，結束連升走勢，反映高位有獲利回吐壓力1。

二、美國HSI ADR收市價

• 6月7日美國時段，ADR比例恒指指數折合約23,710點，較港股現貨收市價低約82點，預示今日恒指或有輕微低開壓力2。

三、牛熊證重貨區

• 目前熊證重貨區集中於24,000點以上，牛證重貨區則在23,200-23,400點附近。現貨指數貼近熊證重貨區下方，若市況突破24,000點，或觸發熊證收回，加劇波幅；若回調則牛證重貨區有望提供技術支持3。

四、即時黑期價

• 恒生指數期貨（06/2025合約）於夜市最新報23,705點，較現貨低水約88點，反映市場預期今日開市有輕微調整壓力4。

五、中美貿易談判倫敦會談影響

• 美國前總統特朗普宣布，中美貿易談判代表將於6月9日在倫敦舉行會談。這次談判聚焦六大議題：關稅、稀土供應、出口管制、學生簽證、匯率及美債。市場普遍關注能否緩和雙邊緊張，若談判有正面進展，有望提振港股及中資股氣氛；但若談判結果不明朗或現分歧，短線或加劇波動5。

---

綜合分析

• 港股上周五高位回吐，ADR及期貨均預示今日或輕微低開，短線波幅或加劇。
• 牛熊證重貨區分布顯示，若指數突破24,000點，或因熊證收回引發急升；若回調則23,200-23,400點有技術支持。
• 中美貿易談判倫敦會談成為市場焦點，若有突破性進展，將明顯利好港股，尤其中資及出口相關板塊；若談判僵持，則需防資金短線獲利回吐。
• 投資者宜密切關注談判消息及重貨區攻防，靈活部署，嚴控風險。

結論：
今日港股預期輕微低開，後市關鍵在於中美談判進展及24,000點重貨區的攻防。若談判正面，有望帶動恒指重拾升勢；若不明朗，則需警惕高位震盪與回吐風險。

1. https://hk.investing.com/indices/hang-sen-40-historical-data
2. https://www.sl886.com/adr
3. https://www.citiwarrants.com/tc/cbbc/cbbc-outstanding
4. https://www.etnet.com.hk/www/tc/futures/index.php
5. http://money.udn.com/money/story/12926/8793513?from=edn_next_story
6. https://news.cnyes.com/news/id/6011432
7. https://chinatimes.com.hk/20250608/121045
8. https://www.worldjournal.com/wj/story/124279/8793090
9. https://paper.hket.com/article/3961354
10. https://hk.finance.yahoo.com/quote/%5EHSI/history/
11. https://www.eastfi.com/stock/ganggu/2025/0607/29956.html
12. https://hk.finance.yahoo.com/quote/%5EHSI/
13. https://www.hkex.com.hk/Market-Data/Securities-Prices/Equities/Equities-Quote?sym=46&sc_lang=zh-HK
14. https://www.futunn.com/hk/stock/.HSIADR-US
15. https://www.moomoo.com/hant/stock/.HSIADR-US
16. https://www.cyber3hk.com/?p=445
17. https://inews.hket.com/article/3960408/%E6%81%92%E6%8C%87%E5%A4%9C%E6%9C%9F-ADR%EF%BD%9C%E6%81%92%E6%8C%87%E5%A4%9C%E6%9C%9F%E8%B7%8C43%E9%BB%9E%E3%80%80%E6%BB%99%E8%B1%90ADR%E8%BC%83%E6%B8%AF%E6%94%B6%E5%B8%82%E9%AB%98%E8%BF%911-%EF%BC%88%E4%B8%8D%E6%96%B7%E6%9B%B4%E6%96%B0%EF%BC%89?mtc=20037
18. https://hk.warrants.com/tc/cbbc/outstanding-distribution
19. https://www.jpmhkwarrants.com/zh_hk/cbbc/cbbc-outstanding/
20. https://www.mswarrants.com.hk
21. https://www.hkexnews.hk/listedco/listconews/sehk/2025/0604/2025060401358_c.pdf
22. https://warrants.ubs.com/tc/cbbc/index-cbbc-outstanding
23. https://cn.investing.com/indices/hong-kong-40-futures-scoreboard
24. https://www.wsj.com/market-data/quotes/futures/HK/HSIU25
25. https://www.dw.com/zh-hant/%E7%BE%8E%E4%B8%AD%E4%BB%A3%E8%A1%A8%E5%9C%98%E5%B0%87%E6%96%BC%E5%91%A8%E4%B8%80%E5%9C%A8%E5%80%AB%E6%95%A6%E7%B9%BC%E7%BA%8C%E8%B2%BF%E6%98%93%E8%AB%87%E5%88%A4/a-72829599
26. https://www.dw.com/zh-hant/%E4%B8%AD%E7%BE%8E%E8%B2%BF%E6%98%93%E6%88%B0%E6%9C%83%E4%B8%8D%E6%9C%83%E5%86%8D%E7%88%86%E7%99%BC/a-72801549
27. https://tw.news.yahoo.com/%E7%AC%AC%E4%BA%8C%E8%BC%AA%E7%A3%8B%E5%95%86%E5%9C%A8%E5%80%AB%E6%95%A6-%E7%BE%8E%E4%B8%AD%E5%AE%98%E5%93%A19%E6%97%A5%E8%B2%BF%E6%98%93%E8%AB%87%E5%88%A4-220726655.html
28. https://paper.hket.com/article/3961354/%E4%B8%AD%E7%BE%8E%E4%BB%8A%E5%80%AB%E6%95%A6%E8%B2%BF%E8%AB%87%20%E4%BD%95%E7%AB%8B%E5%B3%B0%E7%8E%87%E5%9C%98%E8%B5%B4%E6%9C%83?mtc=30003
29. https://www.rfi.fr/tw/%E4%B8%AD%E5%9C%8B/20250607-%E4%BD%95%E7%AB%8B%E5%B3%B0%E8%A8%AA%E8%8B%B1-%E9%87%8D%E5%95%9F%E7%BE%8E%E4%B8%AD%E8%B2%BF%E6%98%93%E8%AB%87%E5%88%A4
30. https://hk.investing.com/indices/hong-kong-40-futures
31. https://hk.finance.yahoo.com/quote/0011.HK/history/
32. https://zh.wikipedia.org/zh-cn/%E6%81%92%E7%94%9F%E6%8C%87%E6%95%B0
33. https://wealth.hket.com/article/3903160/%E9%AB%98%E6%81%AF%E8%82%A12025%E6%87%B6%E4%BA%BA%E5%8C%85%EF%BD%9C%E6%BB%99%E6%8E%A7%E9%87%8D%E4%B8%8A90%E5%85%83%E3%80%80%E6%81%92%E7%94%9F%E3%80%81%E4%B8%AD%E9%8A%80%E9%A6%96%E5%AD%A3%E8%82%A1%E6%81%AF%E6%9C%80%E5%BE%8C%E5%8F%AC%E9%9B%86%E3%80%80%E9%AB%98%E6%81%AF%E6%B8%AF%E8%82%A1%E9%99%A4%E6%B7%A8%E6%97%A5-%E6%B4%BE%E6%81%AF%E6%97%A5%E4%B8%80%E8%A6%BD
34. http://www.aastocks.com/tc/stocks/market/index/hk-index-con.aspx
35. http://www.aastocks.com/tc/usq/quote/adr.aspx
36. https://www.cyber3hk.com/?p=432
37. https://hk.finance.yahoo.com/quote/%5EDJI/history/
38. https://inews.hket.com/article/3960408/%E6%81%92%E6%8C%87%E5%A4%9C%E6%9C%9F-ADR%EF%BD%9C%E6%81%92%E6%8C%87%E5%A4%9C%E6%9C%9F%E8%B7%8C43%E9%BB%9E%E3%80%80%E6%BB%99%E8%B1%90ADR%E8%BC%83%E6%B8%AF%E6%94%B6%E5%B8%82%E9%AB%98%E8%BF%911-%EF%BC%88%E4%B8%8D%E6%96%B7%E6%9B%B4%E6%96%B0%EF%BC%89
39. https://hk.warrants.com/tc/stock/hs-tech-index/main
40. https://www.bocifp.com/tc/cbbc/cbbc-hsi-os
41. https://www.bnppwarrant.com/tc/cbbc/outstanding-distribution
42. https://www.gswarrants.com.hk/tc/market/hsi-cbbc-outstanding-distribution
43. http://www.aastocks.com/tc/stocks/market/bmpfutures.aspx
44. https://walletinvestor.com/commodity-forecast/hang-seng-index-futures-prediction/data/0
45. https://hk.warrants.com/tc/stock/chart/code/HSI
46. https://www.etnet.com.hk/www/eng/futures/
47. https://www.etnet.com.hk/www/tc/futures/index.php?month=202406&subtype=HSI