U.S. Presidential Election The leader of Trump made RMB and Hong Kong stocks under pressure, because traders were worried about the impact of the exacerbation of trade tensions.
According to Bloomberg, the exchange rate of offshore RMB against the US dollar fell by 1.2%, the largest decline since October 2022.Chinese stocks listed in Hong Kong are the first, and the Hang Seng Index once fell more than 3%.With the market's support for fiscal stimuli, the mainland stock market is relatively strong.
As of Wednesday (November 6) at 2:30 pm, the Hang Seng Index reported at 0533.57 points, down 473.40 points or 2.25%;4035.88 points.
Bloomberg quoted Nomura Holding Asia Pacific stock strategist Cheis Seth, saying that if the market noticed that Trump wins, "we feel that the Hang Seng Index and the Chinese stock market index are likely to fall 2 when they close on the same day.%To 3%, the initial reflection reaction (Knee-Jerk Reaction) will be stronger until China adopts a stronger policy response.Said, no matter who wins, the global stock market may rise.
However, Hong Yan also pointed out that for the Chinese stock market, "I think Trump represents recent risks because tariffs are coming. Although he is willing to negotiate, the risks have increased."
