【多家外资机构最新观点:对华配置升级】国庆长假期间,市场并不平静。10年期美债收益率一度升破5.34%,创24年新高。但高利率阴云之下,外资对中国资产的关注度却不降反升。美银最新报告显示,全球主动型多头基金对中国股票的配置已从“低配”升至“基准中性”,结束了长达四年的低配状态。富达国际、威灵顿投资等全球资管巨头亦相继发声,试图在复杂宏观中寻觅中国“新一代赢家”。多家外资机构军表达了对中国市场的关注。高盛认为中国资产是分散化配置的好地方,且A股优于H股;瑞银证券预计2026年A股盈利增长15%;贝莱德对中国股票维持中性,但明确关注AI硬件、电力电网设备与物理AI;景顺看好中国科技生态。此前花旗、渣打亦将中国股票上调至“超配”。
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