瑞銀證券:北上資金有望下半年淨流入1500億元
瑞銀證券中國股票策略分析師孟磊表示,考慮到全球投資者對A股的持股佔比較其他海外股票市場相對較低,認為A股市場有望在海外市場波動加大時維持相對韌性。
他認為,如果海外今年沒有出現經濟衰退,考慮到中國宏觀政策寬鬆加碼,美國可能對中國出口產品取消部分關稅,和內地對互聯網相關領域的監管有所放鬆,以及全球股市似乎已有觸底企穩的跡象,他預料,海外資金或將在2022年內重回中國市場,北上資金有望在下半年淨流入1,500億元。
他又指,外資淨流出的確會影響國內投資者的預期,一些在岸投資者會選擇在短期規避外資淨流出量較大的A股公司。因此,與出口相關性較高的行業(電子、家電、紡織)以及外資持股比例較高的行業,如家電、食品飲料等可能會受到一定的負面影響。(ca/u)
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