貝萊德:內地未來政策方向重點在於經濟轉型 看好人工智能前景
貝萊德(BlackRock)環球新興市場股票基金經理劉雅俊表示,經過3年多疫情後,內地市場需求疲軟,惟料政府未來推出具針對性的刺激政策,將會聚焦於經濟轉型的方向,例如新能源領域等,而非大規模且全面的利好政策;她又指,內地地方政府債務風險可控,主要是資產負債表表現良好,並有足夠能力支撐。
至於香港市場,劉雅俊表示,近期出現多個利好因素,包括自與內地通關後,現時訪港旅客人次已回到疫前約50%水平,同時帶動市場資金流動,加上港府推出搶人才計劃,料均有助本地市場恢復。
亞洲固定收益及信貸基金經理黃毓慧表示,在短期內,亞太區國家較易受到全球信貸條件收緊所影響,從而限制全球經濟增長走勢;並稱看到新興市場(EM)長期基本面較發達市場更好,主要是大多數亞洲市場的通脹相對溫和。
她預計,未來亞洲與發達市場之間的盈利增長差距將會擴大,惟這有助於提高新興市場盈利增長潛力,同時指由於供應鏈重新調整,料新興市場將受益於供應鏈去風險化所推動。
至於股票板塊方面,她指看好人工智能板塊,而相關企業將繼續受益於AI發展浪潮,同時對醫療保健領域持審慎看法,認爲該行業渠道缺乏能見度且估值昂貴。(ca/s)
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