Louis Wong Commentary

Author

黃瑋傑先生(Louis Wong)
輝立証券董事

見證過去三十多年香港股市每一個牛市和熊市,可謂實戰經驗豐富。現為香港多份財經報章雜誌專欄作家,並為電視台及電台擔任客席主持。個人著作有〈炒得精叻〉、〈投資先知〉及〈股市是平的〉,並獲『中金在線』選為『2010年最受歡迎的港股分析師』。
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上升動能繼續減弱

Monday, August 3, 2020 Views1915
上周評論指出,恆指25000失守後,將由支持變為阻力位.結果,恆指在上周四一度重越25000,最高見到25197,但未能企穩25000以上,周五收報24595,相對前周下跌了110點,跌幅0.4%,是連續第三周下跌.國指上周五收報10040,按周下跌0.4%,也是連續第三周下跌.
 
A股卻呈現反覆回升的態勢,上證綜指重越3300,上周五收報3310,按周上升3.6%;滬深300和深證成指周升幅分別為4.2%和5.4%.隨著市況回升,成交亦見增加,上周兩市成交重越10000億,達到11459億元.據國家統計局公布,7月份中國製造業採購經理指數為51.1,比6月份上升0.2個百分點,延續上月穩中有升的態勢,並連續五個月位於榮枯分界線以上.7月份非製造業商務活動指數為54.2,比6月份小幅回落0.2個百分點,繼續保持在榮枯分界線以上.另一方面,人民銀行自上周一起連續五個交易日開展逆回購操作,合計中標量為2800億元.數據顯示上周有1600億元逆回購到期,意味人行上周合計淨投放1200億元.
 
美股上周表現分化(業績公布期通常都會有這種表現),道指按周下跌0.2%,但標準普爾500指數和納指按周卻分別上升1.7%和3.7%.經濟數據方面,新申價失業救濟金人數連升兩周,最新一周人數達143.4萬,並且是連續19個星期人數超100萬.受疫情繼續加劇影響,7月份密歇根大學消費情緒指數下滑至72.5,明顯低於前值的73.2和6月份的78.1.另一方面,為多達3000萬失業人群提供的補充失業救濟已於上周五到期,而民主黨和共和黨對於新的援助方案仍未能達成協議,將對美股帶來一定壓力.
 
說回港股,恆指上周勉力守住50天線,可能與7月期指結算好友力批有關.期指結算後,好友無須托高指數,而恆指在上周五再見跌穿50天線,9天相對強弱指數亦繼續下行,顯示上升動能正在減弱,下試100天線(24280)的預期可能在本周兌現.
 
本人黃瑋傑為証監會持牌人士。截至本評論文章發表日止,本人及/或其有聯繫者並無持有全部提及之証券的所有相關財務權益.
This report is produced and is being distributed in Hong Kong by Phillip Securities Group with the Securities and Futures Commission (“SFC”) licence under Phillip Securities (HK) LTD and/ or Phillip Commodities (HK) LTD (“Phillip”). Information contained herein is based on sources that Phillip believed to be accurate. Phillip does not bear responsibility for any loss occasioned by reliance placed upon the contents hereof. The information is for informative purposes only and is not intended to or create/induce the creation of any binding legal relations. The information provided do not constitute investment advice, solicitation, purchase or sell any investment product(s). Investments are subject to investment risks including possible loss of the principal amount invested. You should refer to your Financial Advisor for investment advice based on your investment experience, financial situation, any of your particular needs and risk preference. For details of different product's risks, please visit the Risk Disclosures Statement on http://www.phillip.com.hk. Phillip (or employees) may have positions/ interests in relevant investment products. Phillip (or one of its affiliates) may from time to time provide services for, or solicit services or other business from, any company mentioned in this report. The above information is owned by Phillip and protected by copyright and intellectual property Laws. It may not be reproduced, distributed or published for any purpose without prior written consent from Phillip.
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