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Golden Ten Data reported on March 25 that, regarding whether any cargo ships owned by Chinese shipowners have successfully crossed the Strait of Hormuz into open waters, a representative from China COSCO Shipping Energy Transportation’s securities department responded that they are still assessing the security situation.

Glonhui March 25｜The Iran conflict may help Asian tech stocks further outperform consumer stocks, as concerns increase that the inflationary effects of war will outweigh its damage to the artificial intelligence supply chain. This year, the Asian technology stock index has risen by more than 19%, while the consumer discretionary index has fallen by nearly 7%. Since the outbreak of the war, both indexes have dropped by over 9%. Fund managers expect that although geopolitical tensions will suppress household spending, they will not hinder the global development of artificial intelligence, so the gap will widen further. David Chao, Global Market Strategist at Invesco Asset Management, said: "We are seeing foreign capital flow more intensively into AI-related fields compared to the Asian consumer sector." He added that this trend could intensify over the next year. Cyclical stocks may attract a higher risk premium, suggesting a divergence between AI-related stocks and those "more biased toward the real economy sector."

Golden Ten Data March 25 | JPMorgan: The target price for Hermès has been lowered from 2,350 euros to 2,250 euros.