傑富瑞：將閃迪(SNDK.O)目標股價從700美元上調至1000美元。

China’s equities and government bonds have moved in lockstep for the first time in two years, with the 90-day correlation between the CSI 300 Index and China Treasury Total Return Index turning positive from March 18, according to data. The shift reflects China’s relative safe-haven appeal during the US-Iran conflict, supported by limited exposure to the Middle East shock, policy support, and liquidity conditions. Chinese onshore stocks gained 4.4% for the week, while long-end bond yields fell about six basis points. The 10-year yield rose only three basis points over the period, far less than increases in US, German, and French yields. Analysts including Citic Securities’ Ming Ming and ANZ’s Xing Zhaopeng cited renminbi strength, loose liquidity, easing deflationary pressure, and foreign inflows as drivers, though some warned the correlation may fade once geopolitical risks ease and domestic weaknesses such as weak consumption and property downturns resurface.

A股CPO概念持續走高，金字火腿、瑞斯康達、泰晶科技、華盛昌漲停，優迅股份、C紅板漲幅居前，仕佳光子、源傑科技、光迅科技跟漲。