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大摩：因國家隊資金行動更看好A股 市場對信託稅或有誤讀

Future Wealths
Future Wealths
26 10 月, 2026
One Min Read
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彭博報道，摩根士丹利稱，中國股市近期因信託稅擔憂等因素調整加速，歷史估值低點或預示市場可能還有10%至15%的進一步下修空間。不過，由於更多跡象顯示國家隊資金在採取行動，仍更看好A股。

原文: https://finance.mingpao.com/fin/instantf/20261026/1792980119581/%E5%A4%A7%E6%91%A9-%E5%9B%A0%E5%9C%8B%E5%AE%B6%E9%9A%8A%E8%B3%87%E9%87%91%E8%A1%8C%E5%8B%95%E6%9B%B4%E7%9C%8B%E5%A5%BDa%E8%82%A1-%E5%B8%82%E5%A0%B4%E5%B0%8D%E4%BF%A1%E8%A8%97%E7%A8%85%E6%88%96%E6%9C%89%E8%AA%A4%E8%AE%80%22%20target=%22blank

Last Update: 26 10 月, 2026

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