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花旗将美国股市评级下调至中性

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2025-04-14 05:28:20

花旗集团下调美股评级至中性:DeepSeek等三大因素推动全球资产配置策略调整



花旗银行股票策略团队近日发布重磅报告,将美国股市评级从"超配"下调至"中性"。以Beata Manthey为首的分析师指出,三大关键因素正促使投资者重新评估全球资产配置策略:



1. DeepSeek技术冲击波:人工智能领域的最新突破正在重塑行业竞争格局,可能影响美股科技板块的估值体系



2. 欧洲财政政策转向:主要经济体财政立场的调整预示着全球流动性环境可能发生变化



3. 地缘贸易风险升级:持续紧张的国际贸易关系加剧了供应链不确定性



报告特别强调,美国股市"例外论"的经济基础正在弱化,这体现在:

- GDP增长动能减退

- 企业盈利(EPS)预期持续下调

- 估值水平仍处历史高位



对投资者的影响:

1. 需重新审视美股持仓比重,考虑增加新兴市场等多元化配置

2. 关注DeepSeek相关技术对细分行业的颠覆性影响

3. 警惕欧洲政策变动带来的跨境资本流动冲击

4. 建议提升投资组合的抗波动能力,应对潜在的贸易摩擦升级



(消息来源:金十数据)

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