匯豐環球資管料美聯儲最快本月減息
匯豐環球投資管理亞洲信貸研究主管梅立中出席記者會時表示,預期美國聯儲局第三季開始減息,最快本月開始,到2020年底前料將減息100點子。
他認為人民幣匯價中期將維持穩定,而內地今年將以經濟增長為著眼點,有助改善流動性及融資市場,加上重啟各種境內融資渠道,以及引入信貸風險管理及流動性工具,均有利於短期內規避潛在的系統違約風險,該行預計內地政府將推出額外的財政及貨幣刺激政策,以應對市場不確定性,從而進一步降低境內融資利率。
而亞太區投資總監及環球策略總監馬浩德則指出,該行較看好新興市場及亞洲市場表現,認為港股市場與亞洲市場一樣有潛在上行空間,因為估值吸引、經濟增長較快,以及企業盈利增長強勁,料港股會隨著市場氣氛及基本面好轉而追上。
在股市方面他較看好週期性板塊,認為相關股份被低估,過往投資者關注環球經濟走勢,為保障自己選擇購買具防守性的股份如電訊股、醫藥股及醫療健康板塊等,但他認為相關板塊估值已十分貴,對其防守性存疑,故將留意具週期性的板塊如金融股、非必須消費品及汽車行業等。
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