刚刚，中国资产爆发！解读来了

Group 1 - The core viewpoint of the articles highlights the impact of the Federal Reserve's interest rate cut on global asset allocation, particularly benefiting emerging markets and Chinese assets [2][4]. - The People's Bank of China has more room to optimize interest rate structures due to the Fed's rate cut, which could support the real economy and boost the stock market [4][5]. - The current valuation of the Chinese capital market is relatively low, making it attractive for international capital, especially in the context of a weaker dollar and improved global liquidity [2][4]. Group 2 - The Fed's rate cut is expected to lead to a capital inflow into emerging markets, particularly in Asia, as investors seek higher yields [2][3]. - The depreciation of the dollar, combined with the Fed's actions, is likely to provide passive appreciation support for the RMB, which has already appreciated over 2% since August [5]. - The narrowing of the interest rate differential between China and the U.S. is anticipated to attract foreign investment in RMB-denominated bonds, especially government and policy financial bonds [5].