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植耀輝:市場變數仍多候反彈逢高減磅
阿思達克 06-03 10:57

耀才證券研究部總監植耀輝稱,筆者過去兩周休假,並趁此與家人去了一個自小已夢寐以求想去的國家—埃及。原先想跟大家分享一下今次遊歷的一些感受,但與之相比,中美之間的角力更值得探究,故留待日後再跟各位談談埃及這一古國。過去兩周金融市場消息相當混亂且複雜,貿易戰繼續升溫,而且亦已由中美蔓延至個別新興國家如墨西哥及印度;另一方面,華為持續受美方打壓,本地有華為用戶更新程式後「死機」,但更重要的是究竟華為有何板斧去應對可能是自成立以來最大的發展危機。雖然筆者本身頗欣賞華為(試問有多少內地品牌能成功得到國際認可),然而當前挑戰實在嚴峻,華為未來發展的存在相當多不確定性,所以亦需理性一點,就是相關板塊暫不宜沾手。

另一方面,面對如斯局面,環球股市特別是港股自然成為國際投資者拋售對象。回顧五月港股表現,恆指及國指分別累跌達9.4%及10%,表現差絕亞太地區,貿易戰敏感股如舜宇(02382.HK)及萬洲(00288.HK)跌幅更分別達到三成及兩成四。隨著內地6月1日起向美國還擊,向600億美元徵收關稅,且看美方又會否再出招。不過,如此多變的政治市,現階段進場猶如跟澳門「賭大細」一樣;加上美國針對華為明顯是要打壓中方科研發展,狀況非一時三刻可以解決,最不明朗還是對環球經濟打擊的潛在衝擊,所以反彈減磅似乎是現時唯一可考慮之部署。

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