植耀辉:G20消息主导大市去向物管股势强惟不宜高追
耀才证券研究部总监植耀辉称,港股昨日(26日)成交又再次回落至不足650亿元。投资者明显对现市况抱审慎情绪。不过在收市後一则消息,马上令港期夜期急升。事缘美国财长劳钦向《CNBC》表示,中美双方在谈判进程已达90%,相信很快便可达成共识。此话一出环球市场随即有所反应。
笔者认为,在中美双方元首正式会面前,市况将受类似消息左右。事实上虽然相关资讯一度刺激港股夜期以至美股表现,但很快又有消息指美国总统特朗普在接受《霍士财经新闻》(Fox Business)访问中指出,若与中方未能达成贸易协议,将对输美中国商品加徵额外关税。但加徵关税税率可能是10%,而不是早前提到之25%。消息一出夜期升幅亦见收窄,至於美国三大指数亦个别发展,道指及标普500指数微跌,纳指则升25点或0.32%,收报7,909点。
另外,特朗普在访问中又再次炮轰鲍威尔做得「很差」,指很多国家已推出刺激经济措施,鲍威尔必须减息,以帮助美国与中国竞争;他又强调自己有权炒掉鲍威尔,亦有权把他降职,他甚至认为欧央行行长德拉吉主导联储局货币政策会更好!在「为势所逼」下,看来7月底联储局减息只是时间问题矣!
股份方面,物管股近期持续强势,笔者本身亦看好,皆因「轻资产」模式以及业务发展相对稳定,在现市况仍有很大卖点。只是短期累积升幅已巨,故不宜现水平高追,目标则仍是中海物业(02669.HK),但现价亦不建议大家高追,可候4元以下再作考虑。
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