惠理基金料中國經濟下半年表現良好 復甦將呈U型或W型
惠理基金發表最新「中國市場展望及投資策略」。惠理高級基金經理余辰俊預期,中國經濟在今年第三季及第四季將表現良好,對全年GDP的增長起到重要推動作用。他認為,中國經濟的復甦軌跡將呈現「U」型或者「W」型,意味著經濟可能在底部徘徊一段時間後才出現真正復甦。
對於即將召開的兩會,他認為兩會宣布召開釋放了新冠肺炎已經得到有效控制的重要信號,預計兩會期間將會有更多的財政刺激政策出台,並將給予明確的經濟增長目標,有助進一步刺激中國經濟發展,並提振投資者信心。
余氏又稱,中國A股和在香港上市的內地公司股票估值相對便宜,仍具吸引力。隨著中國長期發展而值得關注的投資主題,包括互聯網經濟、新能源汽車、5G新時代、製造業升級及醫療健康。
他稱該行秉承由下而上的選股策略,看好主要由內需帶動的板塊,以及參與結構性增長領域的公司。此外,是次公共衛生危機中經營依然保持常態化,並且有長期抵禦風險能力的公司亦受到青睞。
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