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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短期超賣料有反彈

Monday, August 20, 2018 Views5748

土耳其貨幣危機深化,加上人民幣兌美元匯率以及A股不斷走低、騰訊(700)業績差於預期等眾多不利因素影響,即使有中美恢復貿易談判的利好消息出現,對港股也沒有起到太大幫助.恆指上周大幅下滑,上周四最低見到26871,再創年內新低,周五收報27213,相對前周下跌了1154點,跌幅超過4%.國指亦再創年內新低,在上周四最低見到10360,周五收報10514,周跌幅達3.9%.

 

A股三大指數集體創出本輪調整以來收市迎低,上證綜指在上周五最低見到2665,收報2668,按周下跌了4.5%;滬深300和深證成指周跌幅均達到5.2%.由於離岸人民幣流動性大幅收緊,離岸和在岸人民幣匯價都由低位大幅反彈,而人民幣兌美元匯率中間報在上周五亦止跌回升,結束六連貶.另一方面,人民銀行在上周四重啟逆回購操作,結束此前連續十九日無操作,疊加超額續作MLF,上周在公開市場累計淨投放1765億元.

 

相對其他市場,美股表現一枝獨秀.道指上周五收報25669,創出自今年2月26日以來收市新高,相對前周上升了1.4%.標準普爾500指數按周上升0.6%,但納指按周下跌0.3%,主要受部分科技股下跌拖累.

 

說回港股,恆指九天相對強弱指數再次跌穿30,呈現超賣.本周或借中美貿易談判重啟而作出反彈,預計反彈至27500將遇到阻力.如果中美貿易談判再次缺乏成果,令市場失望,不排除恆指在完成技術性反彈後再下試27000.


 

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