中国市场：在整体健康的市场格局中捕捉分化机会-China Market-Wise-Capturing Divergence in a Still Healthy Market Setup

February 1, 2026 09:53 PM GMT China Market-Wise | Asia Pacific Capturing Divergence in a Still Healthy Market Setup Despite the latest global volatility, we believe China market's positive liquidity setup stays intact, with effective A-share cooling measures, stronger USDCNY, and early signs of long-run regulatory support for HK. Prefer large vs. small-cap in A-shares, and H vs. A if global volatility subsides. Both Hong Kong and China's A-share market pulled back meaningfully on January 30, which we think ...