印度免签潮突袭！外国投资者撤离印度，美印贸易战会产生影响吗？

Group 1: India Opens Visa for Chinese Tourists - India has announced the full restoration of global tourist visa processing for Chinese citizens, ending a five-year restriction that began in 2020 [3][5] - The reopening of commercial direct flights alongside the visa policy aims to enhance bilateral relations and facilitate business interactions [5][9] - Despite the positive reception, there are concerns regarding public health, environmental pollution, and safety issues in India, which may deter some potential travelers [7][9] Group 2: Hang Seng Technology Index Volatility - The Hang Seng Technology Index experienced a significant decline after previously soaring over 50% earlier in the year, with a maximum drawdown exceeding 15% in two months [11][12] - Factors contributing to this decline include excessive prior gains, U.S. tariffs on Chinese goods, and a mini-crash in U.S. AI stocks, which negatively impacted global tech sentiment [12][13] - Despite the current volatility, the long-term investment logic remains intact, with major companies like Tencent and Alibaba increasing their AI investments [13][15] Group 3: Federal Reserve's Interest Rate Decisions - The market is closely watching the Federal Reserve's decision on interest rates in December, with a 71% probability of a 25 basis point cut [20][22] - The outcome of this decision is crucial as it will influence market liquidity and risk appetite, potentially affecting stock and cryptocurrency prices [22][24] - Investors are advised to remain flexible in their positions, regardless of the Fed's decision, as market conditions remain uncertain [22][24] Group 4: Gold as a Safe-Haven Asset - Gold continues to be viewed as a reliable asset amid global economic uncertainties, with its value influenced by real interest rates and the U.S. dollar index [24][26] - A potential interest rate cut by the Fed could lead to a rise in gold prices, while inflation concerns may also drive demand for gold as an anti-inflation asset [24][26] - Investors are encouraged to consider gold as a long-term holding in their portfolios to hedge against market volatility [24][26]