Core Insights - The global economy in 2026 is facing three ongoing deepening issues: the profound impact of geopolitical stability in the East and instability in the West, the ongoing devaluation of the US dollar, and a renewed recognition of China's industrial strength [1] - There is an ongoing exploration to break deflation, focusing on the precise implementation of policies, with expectations that national subsidies will continue but with greater emphasis on technology application scenarios [1] - The stock market outlook is positive, with recent performances in A-shares and Hong Kong stocks injecting confidence into the market for 2026, indicating a neutral to favorable environment for investing in Chinese assets [1] Investment Climate - The strengthening of the RMB against the USD is a complete positive for overseas investors in the Chinese stock market, enhancing China's investability [2] - With all other factors remaining constant, the RMB appreciation trend is expected to lead to sustained foreign investment in Chinese equity assets in the coming months [2]
开门红能否持续？大摩：接下来几个月 应可预见到外资对中国股票资产的持续配置
Sou Hu Cai Jing·2026-01-06 13:37