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News
CICC: Global assets face multiple challenges in September; recommends increasing allocations to Chinese and U.S. tech stocks and gold on dips
4+ day, 7+ hour ago (675+ words) The trend in the AI industry has not yet reversed; recent adjustments stem more from liquidity and sentiment pressures rather than a fundamental deterioration in earnings trends. CICC’s key views are as follows: September may witness a new wave of…...
SNB Official: Negative Interest Rates to Be Reinstated if Necessary; AI Could Boost Inflation in the Short Term
3+ week, 2+ day ago (718+ words) A member of the Swiss National Bank's Policy Committee stated that the central bank would lower interest rates below zero again if necessary to keep inflation within the target range. Meanwhile, she warned that artificial intelligence could exert upward pressure…...