Morgan Stanley stated in its latest report that Asian tech stocks may face a 20% downside risk in the short term due to factors such as increased tariffs, tense trade situations, and overvaluation. The report advises investors to take profits as soon as possible. Additionally, the report mentioned that they are more optimistic about the local semiconductor industry in China in the future, as the industry has a large proportion of domestic sales, which is less affected by tariff trade measures. President Trump originally planned to impose a 25% new tariff on imported goods from Mexico and Canada starting on February 4th, and a 10% tariff on imported goods from China, shaking global financial markets. Fortunately, after coordination, the U.S. announced this morning a temporary suspension of tariffs on Canada and Mexico, which allowed BTC to rebound above $100,000. However, the tariffs on China proceeded as planned, and the Beijing government also retaliated earlier by announcing that starting on February 10th, some U.S. products will face a 10-15% tariff, causing concerns in the market about the possibility of another round of the U.S.-China trade war. Morgan Stanley analysts in a new report highlighted the risks of a 20% downside for Asian tech stocks under the backdrop of risks in regional trade, overvaluation, and limited upside potential. In recent years, there has been a global AI frenzy, benefiting many Asian tech stocks, including Taiwan which has achieved great success in this wave of AI enthusiasm. Taiwan Semiconductor Manufacturing Company (TSMC) holds a leading position in the global AI trend by accounting for 64.9% of global wafer foundry manufacturing, making it an indispensable player. Although Morgan Stanley did not specify which companies will be affected, analysts like Shawn Kim indicated in the report that market optimism in the sector is generally too high. If tariffs are increased and trade tensions escalate, the industry may face a 20% downside risk in the short term. It is advisable to reduce exposure to tech stocks in the short term and hedge positions in the industry. Additionally, Trump has repeatedly hinted at imposing more tariffs on foreign-made computer chips and semiconductors. Analysts at Morgan Stanley predict a downward trend in the sector similar to the U.S.-China trade war in 2018. According to research, the U.S.-China trade war officially began on January 22, 2018, and temporarily paused in December 2018. During this period, the Taiwan Weighted Index fell from a high of 11270 to 9400, a decline of 15.6%. While Morgan Stanley is not optimistic about global semiconductor stocks, its analysts believe in the potential of the local Chinese semiconductor industry. The report states that the Chinese semiconductor industry will benefit from the trade tensions due to a higher proportion of sales in the domestic market, with companies like SMIC, SMIC International, and Hua Hong Semiconductor being mentioned. Relevant reports: Trump Signs Executive Order to Promote the First U.S. Sovereign Wealth Fund, paving the way for BTC reserves? How significant is the U.S. trade deficit? Is it really an economic poison? The political calculations behind Trump's global tariff war Trump's son suggests: It's time to increase Ethereum holdings, but was exposed for transferring $300 million in assets to an exchange for 'Pump and Dump' operation? Morgan Stanley: Trade war may lead to a 20% downfall in tech stocks like TSMC, recommends taking profits in advance. This article was originally published on BlockTempo, the most influential blockchain news media in the industry.
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Citi: La guerra arancelaria podría hacer que las acciones tecnológicas como TSMC caigan un 20%, se recomienda obtener ganancias primero.
Morgan Stanley stated in its latest report that Asian tech stocks may face a 20% downside risk in the short term due to factors such as increased tariffs, tense trade situations, and overvaluation. The report advises investors to take profits as soon as possible. Additionally, the report mentioned that they are more optimistic about the local semiconductor industry in China in the future, as the industry has a large proportion of domestic sales, which is less affected by tariff trade measures. President Trump originally planned to impose a 25% new tariff on imported goods from Mexico and Canada starting on February 4th, and a 10% tariff on imported goods from China, shaking global financial markets. Fortunately, after coordination, the U.S. announced this morning a temporary suspension of tariffs on Canada and Mexico, which allowed BTC to rebound above $100,000. However, the tariffs on China proceeded as planned, and the Beijing government also retaliated earlier by announcing that starting on February 10th, some U.S. products will face a 10-15% tariff, causing concerns in the market about the possibility of another round of the U.S.-China trade war. Morgan Stanley analysts in a new report highlighted the risks of a 20% downside for Asian tech stocks under the backdrop of risks in regional trade, overvaluation, and limited upside potential. In recent years, there has been a global AI frenzy, benefiting many Asian tech stocks, including Taiwan which has achieved great success in this wave of AI enthusiasm. Taiwan Semiconductor Manufacturing Company (TSMC) holds a leading position in the global AI trend by accounting for 64.9% of global wafer foundry manufacturing, making it an indispensable player. Although Morgan Stanley did not specify which companies will be affected, analysts like Shawn Kim indicated in the report that market optimism in the sector is generally too high. If tariffs are increased and trade tensions escalate, the industry may face a 20% downside risk in the short term. It is advisable to reduce exposure to tech stocks in the short term and hedge positions in the industry. Additionally, Trump has repeatedly hinted at imposing more tariffs on foreign-made computer chips and semiconductors. Analysts at Morgan Stanley predict a downward trend in the sector similar to the U.S.-China trade war in 2018. According to research, the U.S.-China trade war officially began on January 22, 2018, and temporarily paused in December 2018. During this period, the Taiwan Weighted Index fell from a high of 11270 to 9400, a decline of 15.6%. While Morgan Stanley is not optimistic about global semiconductor stocks, its analysts believe in the potential of the local Chinese semiconductor industry. The report states that the Chinese semiconductor industry will benefit from the trade tensions due to a higher proportion of sales in the domestic market, with companies like SMIC, SMIC International, and Hua Hong Semiconductor being mentioned. Relevant reports: Trump Signs Executive Order to Promote the First U.S. Sovereign Wealth Fund, paving the way for BTC reserves? How significant is the U.S. trade deficit? Is it really an economic poison? The political calculations behind Trump's global tariff war Trump's son suggests: It's time to increase Ethereum holdings, but was exposed for transferring $300 million in assets to an exchange for 'Pump and Dump' operation? Morgan Stanley: Trade war may lead to a 20% downfall in tech stocks like TSMC, recommends taking profits in advance. This article was originally published on BlockTempo, the most influential blockchain news media in the industry.