汇率升值驱动人民币资产重估,股市连阳背后的底层逻辑

第一财经
Jan 12

(本文作者张思远为星图金融研究院研究员)近期A股市场呈现强势格局,连续16个交易日收阳,一举站稳4100点关口,再次刷新十年来新高。面对这一市场表现,投资者观点各异,有分析将此归因于季节性“春季行情”与牛市共振;技术派则认为这标志着A股进入第五浪主升阶段;也有声音警示短期过热可能带来调整风险。本文认为,本轮A股上涨的本质,源于全球流动性格局重构背景下,人民币资产定价权的系统性提升。这种变化不仅是...

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