《大行報告》中金:美團(03690.HK)獲MSCI中國指數上調權重 料將獲130億元被動資金流入
中金發表報告表示,就MSCI中國指數公布了今年5月份的半年度指數審議結果。由於此次為半年度指數審議,涉及調整較多,成分股新增56隻股份、同時剔除45隻股份,新增56隻成分股其中涉及2隻中概股(跟誰學、嗶哩嗶哩)、8隻港股(中國飛鶴(06186.HK)、中海物業(02669.HK)、保利物業(06049.HK)、愛康醫療(01789.HK)、新東方在線(01797.HK)等)、以及46隻A股和B隻,並於5月29日生效。
該行指, MSCI中國指數除了成分股調整外,MSCI還調整86家公司的自由流通因子(FIF,Foreign Inclusion Factor)及134家公司的納入股本數,也將因此會對成分股在指數內權重產生影響。該行估計潛在影響,關注對古井貢酒(200596.SZ)、美團點評(03690.HK)、中海物業等潛在正面影響;對大唐發電(00991.HK)、中國中冶(01618.HK)、金隅集團(02009.HK)等的負面影響。
中金指,從交易和調倉角度來看,基於當前1,045億美元規模(相當於當前MSCI中國指數整體市值的5%左右)的被動型基金追蹤MSCI中國指數的假設,並結合個股各自過去20天的日均成交金額,該行測算,所需要交易被動資金流入中,古井貢酒、美團點評、中海物業、維達(03331.HK)、保利物業(06049.HK)、郵儲銀行(01658.HK)、再鼎藥業、新東方在線(01797.HK)、海底撈(06862.HK)等需要的時間最長。
就MSCI中國指數預計成份股權重增加影響下,中金指美團點評的納入股重,將由原來0.7%升至2.33%,預估其將有17.08億美元(約132.38億港元)被動資金流入,料屬成份股被動流入資金最多股份,料所需交易天數6.7天;該行亦指阿里巴巴(BABA.US)納入股重由0.498%升至17.89%,估計將有5.21億美元(約40.38億港元)被動資金流入。
而該行亦指,就MSCI中國指數預計成份股權重增加影響下,騰訊(00700.HK)納入股重,將由原來15.67%降至14.91%,預估其將有7.94億美元(約61.54億港元)被動資金流出,料屬資金流出影響最大股份。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.