中信证券：伊朗局势的战略方向正在逐渐清晰全球风险资产的预期锚也将随之明确

智通财经04-09

【中信证券：伊朗局势的战略方向正在逐渐清晰全球风险资产的预期锚也将随之明确】中信证券指出，美伊在巴基斯坦斡旋下达成双向停火协议，根本原因或在于美国现有在中东的军事资源不足以实现更高目标，需要“及时止损”，博弈焦点已转变为如何构建可持续的安全保障安排。尽管后续谈判过程仍将不断反复，但在现实约束下，伊朗局势的战略方向正在逐渐清晰，全球风险资产的预期锚也将随之明确。A股方面，3月市场有普遍减仓但未离场...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

我们需要你的真知灼见来填补这片空白

发表看法

{"i18n":{"language":"zh_CN"},"isChannel":false,"data":{"share":"https://www.laohu8.com/m/news/2626975698?lang=zh_CN&edition=full","thumbnail":"","is_english":false,"pubTime":"2026-04-09 08:06","share_image_url":"https://static.laohu8.com/6ca2dcdccfa2217fb20a0351f4efe814","id":"2626975698","market":"us","top_or_hot":-1,"title":"中信证券：伊朗局势的战略方向正在逐渐清晰 全球风险资产的预期锚也将随之明确","media":"智通财经","content":"<div>\n<p>【中信证券：伊朗局势的战略方向正在逐渐清晰 全球风险资产的预期锚也将随之明确】中信证券指出，美伊在巴基斯坦斡旋下达成双向停火协议，根本原因或在于美国现有在中东的军事资源不足以实现更高目标，需要“及时止损”，博弈焦点已转变为如何构建可持续的安全保障安排。尽管后续谈判过程仍将不断反复，但在现实约束下，伊朗局势的战略方向正在逐渐清晰，全球风险资产的预期锚也将随之明确。A股方面，3月市场有普遍减仓但未离场...</p>\n\n<a href=\"https://www.zhitongcaijing.com/immediately.html?type=usstock\">网页链接</a>\n\n</div>\n","source":"live_zhitongcaijing","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>中信证券：伊朗局势的战略方向正在逐渐清晰 全球风险资产的预期锚也将随之明确</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n中信证券：伊朗局势的战略方向正在逐渐清晰 全球风险资产的预期锚也将随之明确\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-04-09 08:06 北京时间&nbsp;&nbsp;&nbsp;<a href=https://www.zhitongcaijing.com/immediately.html?type=usstock><strong>智通财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>【中信证券：伊朗局势的战略方向正在逐渐清晰 全球风险资产的预期锚也将随之明确】中信证券指出，美伊在巴基斯坦斡旋下达成双向停火协议，根本原因或在于美国现有在中东的军事资源不足以实现更高目标，需要“及时止损”，博弈焦点已转变为如何构建可持续的安全保障安排。尽管后续谈判过程仍将不断反复，但在现实约束下，伊朗局势的战略方向正在逐渐清晰，全球风险资产的预期锚也将随之明确。A股方面，3月市场有普遍减仓但未离场...</p>\n\n<a href=\"https://www.zhitongcaijing.com/immediately.html?type=usstock\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.zhitongcaijing.com/immediately.html?type=usstock","article_id":"2626975698","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2626975698","pubTimestamp":1775693162,"columns":[],"sourceInfo":{"source_id":"live_zhitongcaijing","name":"智通财经网"},"weMediaInfo":null,"summary":"【中信证券：伊朗局势的战略方向正在逐渐清晰 全球风险资产的预期锚也将随之明确】中信证券指出，美伊在巴基斯坦斡旋下达成双向停火协议，根本原因或在于美国现有在中东的军事资源不足以实现更高目标，需要“及时止","collect":0,"end_time":0,"defaultTopTitle":"zhitongcaijing.com","property":[],"viewcount":null,"language":"zh","relate_stocks":{},"translate_title":"CITIC Securities: The strategic direction of the situation in Iran is gradually clearing, and the expected anchor of global risk assets will also be clear","themeId":"4a950f1b9d1b5061ee000c278034b844","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{},"content_text":"【中信证券：伊朗局势的战略方向正在逐渐清晰 全球风险资产的预期锚也将随之明确】中信证券指出，美伊在巴基斯坦斡旋下达成双向停火协议，根本原因或在于美国现有在中东的军事资源不足以实现更高目标，需要“及时止损”，博弈焦点已转变为如何构建可持续的安全保障安排。尽管后续谈判过程仍将不断反复，但在现实约束下，伊朗局势的战略方向正在逐渐清晰，全球风险资产的预期锚也将随之明确。A股方面，3月市场有普遍减仓但未离场的资金，战事中断后这些资金短期都是潜在的买盘，市场会修复，衰退叙事消退后中国优势制造定价权的逻辑会重新占主流；港股方面，财报季后港股业绩预期已充分调整，避险资金回流下，4—5月有望迎来一拔估值行情；美股方面，在基本面支撑与估值修复的共同驱动下，美股配置价值预计将显著提升；金属方面，停火协议带来金属板块的情绪反转，短期而言，市场会优先选择前期跌幅最深的黄金和铜作为反弹先锋，尤其是港股的金铜标的。","kind":"live","is_publish_news":false,"is_publish_highlight":false,"is_publish_live":true,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"tenantId":"TBCN","deviceId":"web-server-community-laohu8-v3","version":"4.42.2","shortVersion":"4.42.2","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2626975698","isCrawlerRequest":true}

中信证券：伊朗局势的战略方向正在逐渐清晰 全球风险资产的预期锚也将随之明确

精彩评论

中信证券：伊朗局势的战略方向正在逐渐清晰全球风险资产的预期锚也将随之明确