Lates News

CITIC Securities research report stated that since the end of April, the situation along the India-Pakistan border has been escalating due to the Kashmir shooting incident. The territorial dispute over Kashmir between the two sides has a long history, and conflicts occasionally occur but are usually quickly resolved. Currently, India and Pakistan are showing a tough stance, but neither side seems willing to escalate the conflict, and other countries are actively calling for restraint from both sides. In the short term, the tense situation between India and Pakistan may continue, but it is unlikely to escalate into a large-scale conflict. The ongoing conflict may have certain logical connections and catalytic effects on defense, agriculture, and other sectors, but the probability of the situation further deteriorating is low, and the impact on other major asset classes is relatively limited.