投资要点出口方向：科技战“紧”、关税战“松”1）非美方向：重点关注欧线需求复苏和新兴市场需求成长。2）对美方向：重点关注贸易摩擦对情绪的压制和降息、减税等政策落地对终端需求的提振。贸易摩擦方面，我们认为关税战“松”，大部分制造出口多为刚需品类、价格敏感度低、供应链难替代的特征，因此需求和订单整体有望保持平稳；此外，出海导致行业竞争门槛提升，有利于龙头集中度提升。事件关注：关键节点与政策预期1） ...
Source Link投资要点出口方向：科技战“紧”、关税战“松”1）非美方向：重点关注欧线需求复苏和新兴市场需求成长。2）对美方向：重点关注贸易摩擦对情绪的压制和降息、减税等政策落地对终端需求的提振。贸易摩擦方面，我们认为关税战“松”，大部分制造出口多为刚需品类、价格敏感度低、供应链难替代的特征，因此需求和订单整体有望保持平稳；此外，出海导致行业竞争门槛提升，有利于龙头集中度提升。事件关注：关键节点与政策预期1） ...
Source LinkDisclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.