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中国银河证券:A股的天,塌不下来
Jing Ji Guan Cha Wang·2025-10-12 15:56

Core Viewpoint - The announcement by President Trump to impose a 100% additional tariff on Chinese goods starting November 1 has led to significant market volatility, reminiscent of the global market crash in April due to tariff disputes. However, the current market decline is relatively contained and shows resilience against the sudden negative news [1] Market Impact - The financial market has exhibited panic but has not experienced a collapse, indicating a degree of market resilience in the face of tariff threats [1] - A-share market is expected to face short-term shocks, but the long-term market dynamics remain unchanged, suggesting that the market is still in a bullish phase [1] Investor Sentiment - Investor sentiment in the A-share market remains high, with the potential for sharp declines during a bull market seen as both a risk and an opportunity [1] - The "stabilization fund" introduced in the second quarter has played a positive role in stabilizing the market, and it is expected to be effective again in the event of sudden market drops [1]