CICC: October is still a window period for the resonance of China and U.S. liquidity, and AH shares have a higher cost-performance ratio

ChainCatcher news, according to Jinshi reports, China International Capital Corporation (CICC) released a research report stating that the Federal Reserve will restart interest rate cuts in September, entering a new phase of the dollar easing cycle. As inflation confirmed an upward turning point in August, and the Federal Reserve may downplay inflationary pressures, it is expected that the Federal Reserve will cut rates quickly, possibly 3-4 times in a row. Looking ahead, October may still be a window period for liquidity resonance, and the relative cost-effectiveness of A-shares and Hong Kong stocks compared to U.S. stocks is higher, suggesting to maintain an overweight position in gold.