新兴市场股市在经历了两年半以来的最大涨幅后，全球投资者的情绪显著回暖。中国实施经济刺激计划以及美国联邦储备委员会官员释放鸽派信号，对投资者形成正面心理支撑。MSCI新兴市场指数攀升1.5%，实现了连续四天的上涨。
香港上市的大型企业如和等公司的股价普遍上扬。芯片制造商则因摩根士丹利上调其股票目标价格而受到提振。
中国为应对潜在经济增长放缓问题推出一揽子措施，包括放宽货币政策和提供股市流动性支持，在周二推动了风险资产需求的提升。此举得到了市场策略师积极回应：“中国人民银行采取的动作在短期内能进一步提振金融市场的风险情绪。”
然而，策略师同时指出，为了摆脱债务-通货紧缩循环困境，中国决策者需加大财政措施力度以刺激消费增长。
美元兑多数新兴市场货币走软，在欧洲交易时段内，马来西亚林吉特上涨1.2%，泰铢和波兰兹罗提分别上扬0.4%。截至伦敦时间上午10:30，匈牙利福林维持稳定，预计该国央行将下调基准利率至6.5%。
土耳其则启动了对10年期美元债券的发行程序，并计划以新债券替换现有较短期债券，以缓解即将到来的偿债压力。与此同时，斯里兰卡的美元债券价格保持平稳。国际货币基金组织确认将继续与新当选的左翼总统及其团队合作，包括推进30亿美元援助计划的后续审查。
综合来看，在全球经济和金融格局充满不确定性的当下，新兴市场展现了复苏的积极迹象，显示出在逆风中保持坚韧的能力。
新闻来源：www.bloomberg.com
原文地址：Emerging-Market Stocks Jump as China Stimulus Spurs Risk-On Move
新闻日期：2024-09-24
原文摘要：
Stock markets in developing nations rose to the highest level in two and a half years as China’s economic stimulus and dovish signals from US Federal Reserve officials fueled positive investor sentiment.The MSCI equity index for emerging economies advanced 1.5%, extending its gains to a fourth day. The rally was driven by Hong Kong listed blue-chips including and Chipmaker also rose as Morgan Stanley its price target for the shares.Appetite for riskier assets improved on Tuesday after China an array of measures to address concerns over slowing growth, including steps to ease monetary conditions and provide liquidity support for stocks. The action taken by the People’s Bank of China “can further boost financial market risk sentiment in the near-term,” said , senior markets strategist at Brown Brothers Harriman.“Nevertheless, to escape the debt-deflation loop, Chinese policymakers need to scale-up fiscal measures to boost consumption growth,” Haddad said in a note. Emerging-market currencies mostly rebounded against the dollar in European trading hours after from several Fed officials left the door open to additional large interest-rate cuts. The Malaysian ringgit jumped 1.2% versus the greenback, while the Thai baht and Polish zloty were up 0.4% as of 10:30 a.m. in London.The Hungarian forint, which has been under pressure from a combination of fiscal and monetary risks, was steady against the euro before a meeting where the central bank in Budapest is expected to lower the benchmark interest rate by a quarter percentage-point to 6.5%. “Even before the Fed’s latest decision, we were leaning toward a 25 basis-point cut at the National Bank of Hungary’s September meeting,” said ING Bank NV strategist . “Post-Fed, we see a non-negligible chance of a slight dovish shift in forward guidance, with the 6-6.25% range cited as a realistic target for the 2024 terminal rate.”In credit markets, Sri Lanka’s dollar bonds held mostly steady after the International Monetary Fund it would work with the newly elected leftist president, including on the latest review of the country’s $3 billion bailout package.Turkey has banks for the issuance of a 10-year dollar-denominated bond, which will be switched for existing shorter-term notes to ease immediate repayment pressures.
