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《即日市評》歐央行召緊急會議 恆指向上 內險股走強
受中資金融及科網股帶動下,港股今日向上。市場觀望美聯儲議息結果,美股道指昨跌0.5%,納指昨跌0.2%;執筆之時美國十年期國債孳息率攀升至3.423厘,美匯指數升至104.83,美股道指期貨最新升200點或0.66%,納指期貨最新升0.89%。歐央行宣布今將召開特別會議討論近期政府債券在市場拋售問題。中國5月規模以上工業生產按年升0.7%(市場預期跌0.9%)、5月社會消費品零售額按年跌6.7%(市場預期跌7.1%),人民幣即期收升163點報6.7195兌一美元,上證綜指今日升16點或0.5%收3,305點,深證成指升近1%,滬深兩市成交額共1.3萬億人民幣。 恆指高開43點後升幅擴大,午後曾升363點一度高見21,431點,全日升240點或1.14%,收21,308點;國指升119點或1.63%,收7,452點:恆生科技指數升107點或2.35%,收4,703點。大市全日成交總額增至1,490.65億元,滬、深港通南下交易分別淨流入25.12億及29.56億元人民幣。 【數據優預期 電商股上揚】 科網股有支持,阿里巴巴(09988.HK)股價上揚4.3%收105.6元,京東(09618.HK)股價漲3.8%收250.4元。摩根士丹利發表內地電商行業的研究報告,隨著內地「618」電商節開展,指內地快遞收件量趨升,繼5月以來物流瓶頸緩解後,隨著電商平台正式進行促銷期活動,6月前11天的日快遞取件量為大部分高於2021年6月的日均值,雖然快遞量似乎仍不穩定,但該行預計將在6月18日(即官方促銷日)左右將達到另一個高峰,屆時大部分訂單已下達並付運。 在拼多多和抖音上,品牌往往較少展示最新款,而為舊款提供更多折扣,可能將其視為清庫存渠道。與在淘寶直播上提供更好折扣的國際美妝品牌相比,國內美妝品牌往往在抖音上更具「侵略性」。京東繼續提供最全面的家電、智能手機和消費電子產品。 【市寬呈改善 內險股走強】 港股今日市寬改善,主板股票的升跌比率為23比17(上日15比23),恆指成份股今日38隻股份上升,下跌股份30隻,升跌比率為55比43(上日為35比59);大市今日錄沽空241.87億元,佔可沽空股份成交額1.288.86億元的18.766%(上日為20.96%)。 中資金融股受捧,中國平安(02318.HK)全日股價彈8%收50.55元,國壽(02628.HK)及中國太保(02601.HK)股價各漲5.3%及7.4%,招行(03968.HK)股價揚3.9%。摩根大通發表報告指,內險股正面朝向經濟復甦,預期中國平安最能從中受惠。而隨著資本和風險管理技能提高,相信平安等綜合險商,相對國壽及財險(02328.HK)等較專注一類保險的純險商有更大股價上升空間。 摩通提到,有多元盈利來源的險商包括平安及人保(01339.HK),由於對投資表現的依賴較低,較純險商可提供更大的盈利及派息能見度。其中平安現時估值相當於今年市盈率7倍,股息收益率約為6%。
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