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植耀辉: 港股续处拉锯格局 美股季绩添波动
阿思达克 04-12 11:27
耀才证券研究部总监植耀辉称,港股上周虽然只得三个交易日,但却有不少影响市况之消息,当中最受关注当然是腾讯(00700.HK)被大股东减持之消息。不过有关冲击较预期少得多,某程度上是受到北水显着净买入,抵销相关不利因素之影响。不过高估值股份股价继续波动,部分如海底捞(06862.HK)股价上周便急挫近一成。最终恒指全周计亦跌239点,收报28,698点。值得留意的是,沪综指上周五收报3,450点,正正是笔者经常挂在口边之好淡分界线水平。因此短期A股去向亦变得相当关键。不过,上周内地公布之3月PPI及CPI均高於预期,令人行货币政策亦难宽松,投资气氛似乎亦变得审慎,未来一周宜留意A股能否有所作为。

另外,上周五美股三大指数均造好,道指及标普500指数续创新高,全周计道指累升2%,标普升幅则达2.7%,而纳指表现更佳,累升3.1%。不过本周开始将踏入季绩公布期,预期市况将变得波动;只是美股近期与港股之关连性远不及A股,相信港股暂将继续维持28,200至29,500点上落。

(笔者为证监会持牌人,持有腾讯股份)

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本周留意美股蓝筹业绩及经济数据

耀才研究部称,上周五(9日)美股三大指数全线上涨,美国3月份PPI优於预期,道指及标普收市齐创新高,本周美股进入蓝筹业绩期,多间银行股率先发布业绩,数据商Refinitiv综合市场预期指,标普成份股上季利润平均按年将有25%的升幅,是2018年以来最佳,也较3月初时的22%为佳,留意股市会否因此而提早炒作。另外CPI指数及联储局官员的讲话同样为焦点,市场预计CPI按月升0.5%,按年升2.5%已轻松超过联储局目标,留意官员对此的看法以及局方可能会有的行动,最新10年期美国债息率轻微回升至1.66厘的水平。

恒指近期於20天线反覆上落,但成交方面有所缩减,大市仍然处於待变格局,虽然未能正式突破自2月18日的下行轨道,但同样未有跌穿自3月25日的短期上升轨,後市不宜过分悲观。

(笔者为证监会持牌人)~

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