21世纪经济报道特约记者 庞华玮 广州报道 据21世纪经报道记者了解，近日《中美日内瓦经贸会谈联合声明》发布后，机构投资者的投资策略和调 仓方向出现了一些新变化。 有机构投资人士表示，近期企业抢融资出海建厂，因而在投资上，机构一边提高了对投资企业质地要 求，一边相应降低了对投资企业的估值要求。 业内人士认为，关税利好消息下，中国资产有望迎来较大的回升机会，后续可关注和积极做多A股和港 股等中国资产，机构也有望借此加仓中国资产。 其中，直接受益于关税下调的进出口相关行业迎来估值修复机会。与此同时，机构还重点关注三大方 向：科技、内需消费和红利。 A股和港股变化背后 5月12日发布的《中美日内瓦经贸会谈联合声明》带动了外围市场大涨。当日美股三大指数均大涨，道 指涨超1100点，纳指暴涨逾4%。尤其科技股巨头表现强劲。亚马逊涨超8%，苹果、特斯拉涨超6%，英 伟达涨逾5%。 同日，中国资产沸腾，纳斯达克金龙中国指数劲升超5%。港股收盘时，恒生指数大涨2.98%，恒生科技 指数暴涨5.16%。汽车、家电、软件服务、可选消费、半导体、机械等板块行情受到提振。 紧跟着的5月13日，A股收盘时，上证指数报3374.87点， ...

Group 1 - The core viewpoint of the article highlights that European companies operating in China are beginning to experience positive impacts from the US-China trade war initiated by Trump, as they are expected to gain market share from American companies that are being pushed out due to high tariffs [1] - A survey conducted by the China EU Chamber of Commerce revealed that 19% of the surveyed companies have already gained more business from domestic and foreign clients due to the trade war, while 36% anticipate future positive impacts [1] - The president of the China EU Chamber of Commerce, Jens Eskelund, noted that many European companies are competing with American imports, seeing opportunities as US products gradually disappear from the market [1] Group 2 - Despite the trade war damaging business confidence, European companies are continuing to pursue a localization strategy in China, which involves increasing local procurement to reduce reliance on imports and mitigate geopolitical risks [2] - Eskelund emphasized that China remains a crucial market for competition in terms of price and quality, indicating a paradox where companies are looking to reduce dependence on China while simultaneously recognizing its importance [2] - The trade war has introduced significant uncertainty for member companies, but there is a belief that China can turn this crisis into an opportunity, proving itself as a stable and predictable investment destination [2]

Production Sector - The coke oven operating rate increased to 75.29%, up by 1.86% from the previous week[7] - The high furnace operating rate rose to 84.35%, reflecting a 0.77% increase[7] - The full tire steel operating rate decreased to 62.46%, down by 2.97% from the previous week[7] Consumption Sector - Weekly box office revenue decreased to 216 million CNY, down by 2,000,000 CNY from the previous week[7] - Average daily retail sales of passenger cars fell to 61,788.25 units, a decrease of 4,001 units[7] - Average daily wholesale sales of passenger cars dropped to 73,632.75 units, down by 5,425.55 units[7] Real Estate and Infrastructure - The transaction area of commercial housing in 30 major cities increased to 167.19 million square meters, up by 18.21% from the previous week[7] - The land premium rate in 100 major cities rose to 7.5%, an increase of 3.27%[7] - Excavator sales reached 19,517 units, a significant increase of 7,877 units compared to the previous month[7] Trade and Inflation - The Shanghai Export Container Freight Index (SCFI) decreased to 1,347.84, down by 22.74 points[8] - The Consumer Price Index (CPI) for agricultural products showed a slight decline, with the wholesale price index at 118.13, down by 0.69%[8] - The Producer Price Index (PPI) indicated a rebound in domestic and international commodity prices[8] Transportation - The subway passenger volume in Beijing decreased to 1,057.37 million trips, down by 5.02%[8] - The number of domestic flights (excluding Hong Kong, Macau, and Taiwan) decreased to 12,847.57 flights, down by 92.29 flights[8] - The China Road Logistics Price Index increased slightly to 1,050.75, up by 0.61[8]