Trump's reigniting of the trade storm may hurt Chinese concept stocks? Analyst: Don't panic! Market pullback will bring good buying opportunities.

Market observers pointed out that the escalation of the trade tensions between China and the US has triggered a pullback in Chinese concept stocks, but this will be an opportunity to buy on the dip. Last Friday, US President Donald Trump warned of a "substantial" increase in tariffs on Chinese goods, and later announced that additional tariffs of 100% will be imposed on Chinese goods starting November 1, along with export controls on key software. As a result, the Nasdaq Golden Dragon China Index plummeted by over 6% in a single day, marking the largest decline since April this year, and the US stock market also declined in sync. However, Trump subsequently signaled willingness to reach an agreement with China, leading to a rebound in market sentiment. During the early Asian trading hours on Monday, US stock index futures have already shown an increase. Here are some market opinions from various institutions: Chief Asian strategist at Indosuez Wealth Management, Francis Tan: From a technical perspective, the rise in the Chinese stock market this year has accumulated a demand for pullbacks. Therefore, this news will create short-term downward pressure on the Chinese stock market, but it is a healthy pullback that can release some of the accumulated market pressure. Therefore, if Chinese assets are underrepresented in an investor's portfolio, this short-term decline based on technical factors will be a good opportunity to increase allocation. Analysts at Jefferies Hong Kong Ltd., Edison Lee and Nick Cheng: There may be further selling in the market, but this will create more attractive entry points for individual stocks related to Chinese artificial intelligence (AI), data centers, semiconductors, and Wafer Fab Equipment. "Trump is more likely a 'deal maker' than an 'idealist,' which means he is willing to compromise, especially when the pain is too great or the cost-benefit ratio is not in his favor. Therefore, we expect more selling to occur in the market, but this is likely to turn into buying opportunities." CEO of Global CIO Office, Gary Dugan: The geopolitical tension between China and the US will lead the market to take profits after a strong rally. But fundamentally, the current situation is not beyond what we know - tariffs have always been Trump's "weapon" for bargaining. "We see this pullback as an opportunity to position in the Asian market and the tech sector, but we are also prepared to wait. Given the recent strong market rally, this pullback may last for several days, not just a few hours." Chief Investment Officer at Lotus Asset Management, Hao Hong: China's decision not to retaliate against Trump's latest tariff threat is a "cooling-off measure" that helps buffer the downside risk in the Chinese market. "Compared to the tumultuous period in April this year, the current situation is different. Despite Trump's tariff policy causing a pullback in the US stock market from its historic highs, the Chinese stock market, despite being a global leader this year, still has relatively low valuations."