Louis Wong Commentary

Author

黃瑋傑先生(Louis Wong)
輝立証券董事

見證過去三十多年香港股市每一個牛市和熊市,可謂實戰經驗豐富。現為香港多份財經報章雜誌專欄作家,並為電視台及電台擔任客席主持。個人著作有〈炒得精叻〉、〈投資先知〉及〈股市是平的〉,並獲『中金在線』選為『2010年最受歡迎的港股分析師』。
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地緣政治帶來投資機會

Monday, August 14, 2017 Views3040

受地緣政治風險升溫影響,港股上周跟隨環球股市上周大幅下滑,恆指失守27000,上周五收報26884,按周下跌了679點,跌幅達2.5%,結束了連續四周的升勢.國指亦失守11000,上周五收報10573,周跌幅達3.9%.

 

美股方面,道指上周五收報21858,按周下跌了1.1%,是自去年11月以來的最大單周跌幅;納指和標準普爾500指數則分別下跌1.5%和1.4%,分別是自去年6月和去年3月以來的最大單周跌幅.經數數據方面,上周沒有太多重要經濟數據公布.其中,7月份消費物價指數僅上升0.1%,升幅低於預期的0.2%,顯示美國通脹壓力溫和,要達到2%的目標通脹率似乎不容易,但同時亦緩和了市場對聯儲局的加息憂慮.

 

A股方面,上證綜指滬深300和深證成指上周分別下跌1.7%1.9%和0.7%.上周公布的通脹數據亦表現溫和,7月份全國居民消費價格總水平同比上漲1.4%,連續六個月低於2%.全國工業生產者出廠者價格上漲5.5%,漲幅連續三個月相同.本周一將公布固定資產投資社會消費品零售總額及工業增加值等數據.同時,市場視線亦會聚焦於公司業績之上,特別是騰訊(700)和平保(2318)的業績.

 

說回港股,受到地緣政治因素影響,恆指接連跌穿了10天和20天線,9天相對強弱指數亦下破50中軸.恆指20天線失守後,暫時由支持變為阻力,該線現時大約處於27150水平.未來會否進一步下行,要看地緣政治形勢發展.技術上,恆指在26600-26700水平將見到支持.從歷史上可以見到,地緣政治不明朗因素只會對股市和經濟帶來短暫影響,只要經濟維持穩定,股市不會由牛轉熊.地緣政治因素的出現,反而是給予投資者一次低吸機會.     (筆者沒有持有上述股票)


本人黃瑋傑為証監會持牌人士。截至本評論文章發表日止,本人及/或其有聯繫者並無持有全部提及之証券的所有相關財務權益.

 

 

 

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