As far as the external environment is concerned,although we cannot control global trends,the signs are that US interest rates are on a downward trend and the US currency is softening. Some global hedge funds are also facing financial difficulties.

• 外围方面，虽然形势非我们所能控制，但最近美元利息有下降趋势，美元币值有回软迹象，而部分对冲基金也出现了财务困难。