You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
惠理基金:港股出現戰略性配置機會
阿思達克 03-23 13:33
惠理基金投資董事兼中國業務總裁余小波表示,疫情對金融市場確實影響很大。短期對經濟的衝擊大家都容易看到,但長期的影響可能非常深遠,導致全球產業鏈的佈局甚至世界格局的變化,這取決於後續事態的演變。

余小波稱,資本市場的波動由多個因素導致,疫情只是其中一個。目前認為大中華區域內港股的機會比較好,尤其是港股上市的中國優質公司。其價格與內在價值上出現了較大幅度的偏離。這種偏離是香港市場自身特點和近期全球波動等因素造成的。這裡可能存在一個戰略性的投資機會。目前港股整體估值已經到了歷史均值一倍標準差下方不少。無論是從市盈率還是市淨率的角度都很低。過往在2008年金融危機,2011年歐債危機情況下也出現過低點,危機後都出現了估值回歸。如果橫向與全球其他市場比較,也可以發現港股處於最低位置。所以認為現在是一個戰略性配置機會。

他又指最近已經觀察到很大量的資金南下進入港股,南下總資金規模已經超越了北上資金,今年以來更是10:1的關係。目前看到主要為長線的保險資金和一些價值型機構投資者為主,低估值和高股息率為其提供長線較好的回報。

Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of this article is for reference only. It does not constitute an offer, solicitation, recommendation, opinion or guarantee of any securities, financial products or instruments.The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance.
uSMART
Wealth Growth Made Easy
Open Account