新闻来源：www.bloomberg.com
原文地址：Malaysia Glove Maker Shares Surge as US Finalizes China Tariffs
新闻日期：2024-09-17
马来西亚手套制造商股价飙升了32%，创下历史新高，而另一家公司也上涨了30%。
马来西亚股市因周末休市未开市，但泰国同行昨日同样出现了类似反弹。
美国总统拜登政府将对中国商品加征数十亿美元的关税，其中包括医疗用品。
Citigroup Inc.表示，新的关税高于预期且实施速度更快。
美国对中国医用手套的关税将在2025年上涨至50%，2026年增至100%，比五月份提议的25%增加要早得多并更高。
UOB Kay Hian Pte.分析师认为，这波关税“将重振投资者对马来西亚手套行业的信心”，“在需求有所减弱的情况下，国内手套制造商将逐步夺回中国市场份额”。
预期中的关税还给东南亚股市带来了新的动力，这些股市已经因联邦储备局利率调整而受到投资人的青睐。本月五大亚洲主要股指中有四个来自东南亚。
本周该公司股价上涨了26%，另一家公司的股价则上涨了27%。
Areca Capital Sdn首席执行官表示：“这波关税消除了高利润率手套制造商的低使用率。”“收益正在回归。”
原文摘要：
Malaysia glove maker shares including surged after the US was expected to finalize tariffs on Chinese goods this month. Top Glove jumped as much as 32%, the most ever, while rallied by the 30% limit. The gains come a day after Thailand peers as analysts point out that Southeast Asian producers will be the main beneficiaries. Malaysia’s market was closed for a holiday on Monday.Tariffs on billions of dollars in Chinese goods, including medical products, are being by President Joe Biden’s administration following a proposal to raise levies in May, an official said late last week. The new tariffs are higher and will be implemented more quickly than expected, according to Citigroup Inc.US tariffs on Chinese medical gloves will rise to 50% in 2025 and 100% in 2026, Citi analysts wrote in a report. That’s up from a 25% hike proposed in May, which was to take effect in 2026.The tariffs are “poised to revitalize investors’ sentiment on the Malaysian glove sector,” , an analyst at UOB Kay Hian Pte., wrote in a report. “With the sector’s post-pandemic recovery eclipsing earnings amid demand moderation, domestic glove makers should progressively reclaim market share from China.”The impending levy provides yet another fillip for Southeast Asian equities, which are already bolstered by growing bets the region will be a beneficiary from a Federal Reserve interest-rate pivot. of the five best-performing Asian stock benchmarks this month are from the region, with inflows in September poised for the highest level since April 2022. Tuesday’s rally revives a popular trade from 2020 when glove makers became market darlings as governments globally rushed to procure surgical and latex gloves to slow the spread of Covid 19. At one point, more than $1 of every $10 invested in the Malaysian stock market was a bet on gloves. Brokers are already taking note, with at least five sell-side analysts upgrading Top Glove this week, according to data compiled by Bloomberg. There were also several upgrades for Hartalega. Shares of climbed as much as 26% while jumped 27%.“This tariff move removes the underutilization of glove makers with a very high margin,” said , chief executive officer of Areca Capital Sdn “Profits are coming back.”
