Nomura: China and the United States reached a tariff agreement that exceeded expectations, causing Chinese stocks to rise to 'tactical holdings'

According to a report by Golden Finance, Nomura released a research report stating that the announcement of a tariff agreement between China and the United States surprised the market. Although investors have been anticipating a reduction in tariffs recently, Nomura believes that this reduction far exceeds expectations, and global stock markets are also "relieved". It is expected to become a supporting factor for positive risk appetite in the near future, and the rating of Chinese stocks will be upgraded to "tactical increase".