According to Western Securities, concerns about the “AI bubble theory” of US stocks may amplify the impact of Japan's interest rate hikes. If the US experiences three or three consecutive losses in equity and debt, it is recommended that assets can be sold, hold currency, and wait for the liquidity shock to force the Federal Reserve to clearly increase its asset holdings. Strategist Cao Liulong's team pointed out in the report that the Bank of Japan's decisions are basically clear, but capital choices are difficult to predict. Under such circumstances, it is recommended to look more and act less. Even if Japan's interest rate hike causes a liquidity shock, it will not change the global medium- to long-term easing trend. Major asset classes continue to be optimistic about A and H shares. Chinese treasury bonds seize recovery opportunities, and strategically allocate gold, US stocks, and US bonds, or remain volatile.

According to Western Securities, concerns about the “AI bubble theory” of US stocks may amplify the impact of Japan's interest rate hikes. If the US experiences three or three consecutive losses in equity and debt, it is recommended that assets can be sold, hold currency, and wait for the liquidity shock to force the Federal Reserve to clearly increase its asset holdings. Strategist Cao Liulong's team pointed out in the report that the Bank of Japan's decisions are basically clear, but capital choices are difficult to predict. Under such circumstances, it is recommended to look more and act less. Even if Japan's interest rate hike causes a liquidity shock, it will not change the global medium- to long-term easing trend. Major asset classes continue to be optimistic about A and H shares. Chinese treasury bonds seize recovery opportunities, and strategically allocate gold, US stocks, and US bonds, or remain volatile.