关税大战现转机，华尔街机构如何看待中国资产

Group 1 - The recent US-China Geneva trade talks resulted in a significant reduction of tariffs, with both sides agreeing to cancel 91% of their respective tariffs [1][2] - The offshore RMB saw a substantial rebound against the USD, and the Hang Seng Index surged by 2.98% following the announcement [1][2] - BlackRock's Chief China Economist noted that the outcomes of the talks exceeded expectations and highlighted the importance of continued communication between the two nations [1][6] Group 2 - The joint statement from the trade talks reflects a principle of reciprocity, which is beneficial for managing US-China differences [6] - Analysts believe that the reduction in tariffs will positively impact the Chinese stock market, with the Shanghai Composite Index rising by 0.82% [2][9] - Goldman Sachs maintains an overweight position on Chinese assets, citing strong resilience in the Chinese financial market and an expected increase in earnings for the MSCI China Index [8][11] Group 3 - The ongoing discussions regarding tariffs and the overall profitability of Chinese companies are critical for future market performance [9][10] - Upcoming earnings reports from major Chinese tech companies like JD.com, Tencent, and Alibaba are highly anticipated, with expectations of strong performance from Alibaba [12] - The market is closely monitoring the potential impact of US tariffs on Chinese exports and the overall economic landscape [11][12]