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《大行報告》匯豐研究:港股前景改善 留意五個投資主題 薦阿里(09988.HK)、京東(09618.HK)及比亞迪(01211.HK)等12股
匯豐研究發表報告指,香港市場面對流動性外流風險,但估值便宜和國內政策支持,足以支持港股前景改善,對恆生指數年底目標為25,410點。 該行建議五個投資主題,包括政策放寬、消費復甦、旅遊重啟、北部都會區、ESG 2.0。同時由下至上選股,推薦12隻股票,包括阿里-SW(09988.HK)、京東-SW(09618.HK)、比亞迪(01211.HK)、吉利(00175.HK)、李寧(02331.HK)、騰訊(00700.HK)、中銀香港(02388.HK)、中生製藥(01177.HK)、中海外(00688.HK)、領展(00823.HK)、新地(00016.HK)及長江基建(01038.HK)。 報告指,由於美國債券收益率下降,目前更偏好H股中的成長股多於價值股。雖然新冠疫情未來或出現零星的爆發,影響國內的經濟活動,但整體情況已得到較好的控制,預計市場情緒將改善。近日人行與金管局設立常備貨幣互換安排,表明內地仍將視香港為離岸人民幣中心。 該行預計,未來會有更多的美國預托證券(ADR)在美國退市,並回流香港上市,可能會改變傳統上以金融為中心的恆生指數。
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