郭家耀: 「富人稅」疫情夾擊美股挫 李寧(02331.HK)受惠消費升級
正榮金融業務部副總裁郭家耀稱,美股周四(22日)大幅向下,美國總統拜登打算增加富人稅收,加上環球疫情再現反覆,不利大市氣氛,三大指數均錄得跌幅收市。美元走勢靠穩,美國十年期債息回落至1.54厘水平,金價及油價表現反覆。港股預託證券走勢靠穩,預料大市早段缺乏方向。內地股市個別發展,滬綜指先升後回,收市下跌0.2%,滬深兩市成交額進一步縮減。
港股表現回暖,外圍走勢帶動大市反彈,但市場集資活動頻繁,影響上升動力,指數在窄幅徘徊,成交保持清淡。市場繼續觀望海外疫情發展,以及首季企業業績表現,預料指數短期繼續於28,000至29,000點水平上落。
另李寧(02331.HK)公布首季整個平台的零售流水按年錄得80%至90%高段增長。就渠道而言,線下渠道包括零售及批發錄得80%至90%低段增長,其中零售渠道錄得90%至100%低段增長及批發渠道錄得80%至90%低段增長;電子商務虛擬店舖業務錄得約100%增長。截至3月底,於中國的李寧銷售點數量,共計5,784個,今年至今淨減少128個。而李寧YOUNG銷售點數量共計1,015個,今年至今淨減少6個。
撇除去年疫情因素,與2019年首季相比,李寧首季總零售銷售錄得逾50%增長,而零售、批發及電商渠道分別增長近30%、40%及120%。早前新疆棉事件,加上新簽代言人令流量增加,集團首季自然增長強勁,預料趨勢可持續。李寧目前產品的零售折扣已回復至疫情前的正常水平,並成功推出中高端價格區間的產品,顯示公司受惠中國消費升級和運動休閑潮流趨勢,前景值得樂觀。
(筆者為證監會持牌人,沒持有上述股份)~
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.