方正证券指出，目前，市场普遍预期2025年出口产品或被加征较高关税，我们认为关税幅度可能存在一定的预期差，将会随着多方博弈进展而变化，且最终幅度可能比预期更低，通胀幅度也预计低于预期，或进一步推升美联储降息幅度。华西证券指出，考虑到海外工具渠道去库存尾声，下游渠道有望进入补库周期，美国降息落地下，地产相关需求望迎复苏，国内相关公司有望迎来收入拐点。Quanfeng Holdings (02285) is now up more than 9%. As of press release, it has risen 6.88% to HK$18.64, with a turnover of HK$20.2769 million.
The Zhitong Finance App learned that Quanfeng Holdings (02285) is now up more than 9%. As of press release, it has risen 6.88% to HK$18.64, with a turnover of HK$20.2769 million.
According to the news, according to media reports, US President-elect Donald Trump's aides are exploring tariff plans that apply to every country, but only on key imported goods. Trump later clarified that the report was untrue and that his tariff policy would not shrink.
Fangzheng Securities pointed out that currently, the market generally expects export products to be subject to higher tariffs in 2025. We believe that there may be a certain difference in the tariff range, which will change as the multi-party game progresses, and the final range may be lower than expected. The inflation rate is also expected to be lower than expected, or further boost the Fed's interest rate cut. Huaxi Securities pointed out that considering the end of inventory removal from overseas instrument channels, downstream channels are expected to enter the inventory replenishment cycle, US interest rate cuts will be implemented, real estate-related demand is expected to recover, and domestic related companies are expected to usher in an inflection point in revenue.
