花旗:中資股盈利料恢復10%至15%增長 偏好優質債券及派息增長股
花旗銀行投資策略及環球財富策劃部主管廖嘉豪表預計,環球經濟增長今年惡化,並當美國就業報告持續轉差,聯儲局最終有機會今年首次減息,並預期美國10年期國債收益率或今年底回落至3厘。
他預料,2024年美國息口的減息幅度是今次加息幅度的一半,又認為美國失業惡化情況是聯儲局優先考慮的因素,並改變其貨幣政策,加上目前通脹走勢向下,故未必是當局最大的關注點。
中國股市方面,目前內地疫情因逐步開放而升溫,認為期間難免出現一個適應期,料將會持續一個季度的時間,其後會加快復甦速度;預料中資股今年盈利恢復雙位數增長,約10%至15%,估值或從低迷水平回升。
他表示,未來四大趨勢分別為「能源安全」、「數碼化」、「創新醫療」、以及「房地產」;並建議投資策略採取「先守後攻」,偏好較短期且波動性較低的優質債券和派息穩健增長股。
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