Understanding the Market | CHERVON is currently up over 9%, as there may be a discrepancy in expectations regarding U.S. tariff levels, and the destocking phase in overseas tool channels is nearing its end
CHERVON Holdings is currently up over 9%, as of the time of writing, up 6.88%, reported at HKD 18.64, with a transaction volume of HKD 20.2769 million. On the news front, according to media reports, aides to U.S. President-elect Donald Trump are exploring a tariff plan applicable to each country but only targeting key imported goods. Trump later clarified that the reports were inaccurate and that his tariff policy would not be reduced. Founder Securities pointed out that the market generally expects that export products may face higher tariffs by 2025. We believe that there may be some expectation gap regarding the tariff levels, which will change as various negotiations progress, and the final levels may be lower than expected, with inflation also expected to be lower than anticipated, potentially further boosting the Federal Reserve's rate cut. Huaxi Securities noted that considering the end of inventory destocking in overseas tool channels, downstream channels are expected to enter a replenishment cycle. With the U.S. interest rate cuts, demand related to real estate is expected to recover, and domestic related companies are likely to see an inflection point in revenue
According to Zhitong Finance APP, CHERVON (02285) is currently up over 9%, and as of the time of writing, it has risen by 6.88%, trading at HKD 18.64, with a transaction volume of HKD 20.2769 million.
In terms of news, according to media reports, aides to U.S. President-elect Donald Trump are exploring a tariff plan applicable to each country but only targeting key imported goods. Trump later clarified that the reports were inaccurate and that his tariff policy would not be reduced.
Founder Securities pointed out that the market generally expects that export products may face higher tariffs in 2025. We believe that there may be some expectation gap regarding the tariff levels, which will change as various negotiations progress, and the final levels may be lower than expected. Inflation is also expected to be lower than anticipated, which may further boost the Federal Reserve's rate cut magnitude. Huaxi Securities noted that considering the end of inventory destocking in overseas tool channels, downstream channels are expected to enter a replenishment cycle. With U.S. rate cuts on the horizon, demand related to real estate is expected to recover, and domestic related companies are likely to see an inflection point in revenue