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郭家耀:貿易戰壓抑港股 跨境電商平臺受制關稅
阿思達克 02-06 09:01
港灣家族辦公室業務發展總監郭家耀稱,美股週三(5日)先跌後反彈,大市早段受科技股業績消息影響,指數顯着低開,其後迅速回升,尾市升幅進一步加劇,三大指數均錄得升幅收市。美元走勢向下,美國十年期債息回落至4.42釐水平,金價持續強勢,油價走勢則偏軟。港股預託證券普遍靠穩,預料大市早段跟隨高開。 內地A股兩市長假後復市走勢反覆,滬綜指高開低走,收市下跌0.6%,滬深兩市成交額保持活躍。港股昨日高開低走,市場繼續關注中美貿易關係,加上內地經濟數據疲軟,拖累指數由高位回落,整體成交相當活躍。受中美貿易戰憂慮影響,投資者反應謹慎,預料指數在21,000點有較大阻力,下方支持在20,000點附近。 另美國總統特朗普計劃撤銷小額包里的關稅豁免,意味這些消費產品必須要繳付原有關稅,再加上301懲罰性關稅,然後再加上10%的新關稅,對電商平臺上商家的經營模式有巨大影響,亦直接影響中國跨境電商的經營模式。拼多多(PDD.US)旗下的Temu,以及SHEIN等中國跨境電商平臺,因產品價格低廉而深受美國消費者歡迎。目前一些中國商家銷往美國的消費產品,以小額免稅方式賣給美國消費者,完全不用交關稅。若取消關稅豁免安排,以服裝和紡織品爲例,關稅將大升至27.5%至55%,而其他不同種類的消費產品亦有不同稅率,勢必引起混亂及繁複手續,影響正常交易,跨境電商平臺短線難免受壓。同時,美國消費者亦需分擔關稅支出,勢必令物價上升,影響未來減息空間,可謂牽一髮動全身。 (筆者爲證監會持牌人仕,本人及相關人士沒持有上述股份)~
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