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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完成調整展開新升浪

Monday, March 20, 2017 Views4130

上周評論指出,港股仍延續短期一浪低於一浪的走勢,預期恆指有機會下試50天線的支持,結果看錯了。港股上周止跌回升,而且升勢相當凌厲,恆指在上周四最高見到24288,升越2月份高位24217.周五進一步升破去年9月高位24364,最高見到到24386,收報24310,按周上升了741點,升幅達3.1%.國指上周最高見到10577,逼近2月高位10593,周五收報10514,按周卻上升了4.4%,結束了連續兩周的跌勢.

美國聯儲局一如預期加息四分一厘,會後聲明和上次聲明一樣凸顯聯儲局並不打算大幅快速加息,令市場感到安心,美股在聯儲局議息後曾顯著上揚,但亢奮過後,市況在上周四和周五呈現回吐.道指按周微升12點,而納指和標準普爾500指數按周分別上升0.7%和0.2%.周末期間,G20國家央行行長與財長於德國巴登巴登召開會議,受到市場關注.本周公布的美國經濟數據不多,只有FHFA房屋價格指數、二手房屋與新屋銷售、耐用品定單等數據,市場焦點開始轉移至公司業績之上.

A股上周一度亢奮,上證綜指在上周四曾衝高至3269,創出三個月新高,但周五顯著回調,表現飄忽.和前周比較,上證綜指上周上升了0.8%,滬深300和深證成指按周分別上升0.5%和0.6%.上周公布的中國宏觀經濟數據表現參差,1-2月份固定資產投資和房地產投資增速加快,特別是民間投資,增幅達6.7%,比去年全年加快3.5個百分點.另外,1-2月份全國規模以上工業企業增加值增速亦目加快.但1-2月份社會消費品零售總額卻差於預期,增速回降至9.5%,主要受汽車銷售增速回落影響.人民銀行在聯儲局加息後,上調逆回購操作和中期借貸便利(MLF)操作10個基點,但市場無大反應.

說回港股走勢,上周原以為大市會繼續下行,下試50天線的支持,結果大市掉頭抽上,恆指更成功升越去年9月高位,顯示2月下旬至3月上旬的調整已告一段落.今次恆指突破前高點有大成交配合,周四和周五成交都超過1000億元,後市料可展開新升浪,初步量度上升目標25000.

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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