Share
Back
中概股回歸,有助提升恆生相關指數估值
October 09, 2020

恆指一直被人批評舊經濟股份比重過多,未能與時並進加入W股,S股及B股,以致指數近年表現落後世界。不過,隨著中概股回歸,恆指以及恆生相關指數有望扭轉近年估值低萎的趨勢。
恒生指數公司於 7 月 27 日發布恒生科技指數,同時公布 30 隻成份股名單,當中包括阿里巴 巴、騰訊、美團、小米等科技巨企。
隨着中美關係日趨 緊張,甚至有傳美國或將考慮禁止中國企業到美集資,愈來愈多在美國上市的中概股透露有意回歸並於香港上市,阿里巴巴、京東和網易就是例子。預計二次上市的 S 股數目將會增 加,而中概股不乏新經濟板塊龍頭,如拼多多、百度、好未來等。
目前多數中國股票基金對非香港交易所上市的股票(如 A 股和中概股)設有投資限制,投資比例普遍不高於 30%,使基金未能全面投資不同領域的中國相關股票,亦解釋近年跑輸給 MSCI 中國指數的基金數目上升,尤其是一些行業的龍頭公司。不過,中概股回歸港股將會增加這些基金的潛在投資選擇,有助改善基金整體表現。


  Tags
       
Featured Posts

Web Site Usage Terms & Conditions
The contents and data posted on this website is for reference only and should not be construed as an offer, invitation, inducement or representation of any kind or form whatsoever. Channel 8 Wealth Management Limited do not warrant the accuracy and completeness of the information contained herein or provided by means of hyperlinks to other websites or to other sources and assume no liabilities arising out of or incidental to the trading of any investment products if information contained herein is relied upon. The contents and information in the website will be subject to change without further notice. If you have any enquiry about this web site, please send us an email to info@c8wealth.com