中国股票策略-A 股交投回暖，市场情绪回升-China Equity Strategy-A-Share Sentiment Up on Higher Turnover

December 11, 2025 09:00 PM GMT China Equity Strategy | Asia Pacific A-Share Sentiment Up on Higher Turnover Market sentiment has increased on higher turnover. We maintain a cautiously constructive stance and remain confident on further inflows. A more forceful fiscal pivot and improved US-China relations would turn us more bullish. A-share investor sentiment increased vs. previous cycle: Weighted MSASI increased by 6ppt, to 47% vs. the prior cutoff date (December 3), while weighted MSASI 1MMA decreased by 2 ...