The offshore RMB fell more than 900 points in a day, how will the US election affect RMB assets? Short-term RMB may be under pressure.
①Institutions believe that Trump's victory would put pressure on the Renminbi; ②Under the resonance of rate cut trades and seasonal settlement demand, the Renminbi depreciation pressure will be significantly relieved at the end of this year or the beginning of next year; ③Institutions believe that if short-term downside risks have been fully priced in, it is worth considering increasing holdings of Chinese stocks.
Uncertainty has been digested! Goldman Sachs remains bullish on China stocks: expecting a 20% ROI in the next year, with A shares outperforming H shares in the short term.
Goldman Sachs believes that the profit correction trend in the Chinese market has stabilized. They will maintain a shareholding position in the internet plus-related industry, service industry, and dining industry. It is expected that A-shares may outperform H-shares in the next three months, and the EPS of the MSCI Chinese Index in the following two years is expected to grow by 12% each.
The twelfth meeting of the Fourteenth National People's Congress Standing Committee reviewed the proposal to increase the debt limit of local governments to replace the hidden debt.
The 12th session of the 14th National People's Congress Standing Committee held its first plenary session on the morning of November 4th at the Great Hall of the People in Beijing, chaired by Chairman ****.
500 billion yuan! The central bank's first implementation of buy-back reverse repurchase, what is the impact on the market?
Looking at the comprehensive use of various monetary policy tools, the central bank injected net long-term liquidity of over 600 billion yuan in October, maintaining a relatively large net injection intensity. The central bank did not disclose the interest rate of this outright reverse repo operation, and Mizuho Securities believes that the effect of the 500 billion yuan injection is equivalent to a 25 basis point reserve requirement cut.
Goldman Sachs firmly calls for the rise of Chinese stocks: expected to rise within 2-3 months after the US election!
①Goldman Sachs strategists' latest forecast predicts that Chinese stocks will rise within two to three months after the US presidential election; ②The firm believes that China's economic stimulus measures have created the so-called "policy put options" to protect investors in the Chinese stock market from the impact of declines.
Goldman Sachs continues to be bullish on the Chinese stock market: it will rise within 2-3 months after the US election.
Goldman Sachs believes that China's economic stimulus measures have created the so-called "policy put options", which can protect investors in the Chinese stock market from the impact of declines.