x*n
2 楼
小小机构给与最高买入评级。
1. support 线支撑。
2. 宏观经济差----预期政府的更大作为刺激市场
3. 牛市轨道刚刚启动
谢谢观看。
YMYD
1. support 线支撑。
2. 宏观经济差----预期政府的更大作为刺激市场
3. 牛市轨道刚刚启动
谢谢观看。
YMYD
t*9
3 楼
要买的早就买了,没买的再涨也不会买
u*n
13 楼
agree. when big money is scared, we as a frog should become brave..
What Will China's $1 Trillion Mutual Funds Buy In Hong Kong -- Barron's Blog
As of the end of April, Chinese mutual funds managed a record 6.2 trillion
yuan in assets.
But with the A-share stocks trading at 26 times historical earnings and the
Shenzhen's Nasdaq-like ChiNext stocks trading at 105 times, Beijing will
want to divert some of this euphoria away.
"Either harsh regulation or simple inaction" could be disastrous, said UBS
strategist Wenjie Lu. One effective way is to open some of the Great Wall
and let China's managed money out, just like what it did during the 2007
bubble.
Already, an estimated 50 billion yuan from more nimble hedge funds and high-
net-worth individuals have entered Hong Kong in the last two months to "
front run" the mutual funds. Mutual funds need at least one month before
they can invest in Hong Kong through the Connect because they need to change
their prospectus and get majority shareholders' approval.
But they are getting ready. Hong Kong will be the direct beneficiary. UBS
estimates that 200 billion yuan will likely enter Hong Kong in the next two
or three quarters.
Based on the latest quarterly data from mutual funds that use the QDII quota
, Chinese mutual funds seem to like themes. They like healthcare, clean
energy and brokers, as well as state-owned enterprises that have the reform
theme. Tencent ( 700.Hong Kong), Ping An Insurance(PIAIF) ( 2318.Hong Kong)
and China Mobile ( CHL) show up repeatedly in the top 10 active QDII equity
funds.
Interestingly, Chinese mutual funds do not care for "unique" plays. Their
top 10 holdings have no exposure to Macau.
Their holdings outside of Hong Kong are also interesting. The top holding of
the 8.4 billion yuanChinaAMC Global Equities is IMAX Corp.(IMAX)IMAX(IMAX)
is very popular in China. The 8.8 billion yuanChina Southern Global Equities
have large exposures to WisdomTree Europe Hedged Equity Fund(HEDJ) and
Deutsche X-Trackers MSCI Europe ( DBEU). The 7 billion yuanCIFM Asia-Pacific
Equities likes Samsung Electronics(SSNLF) and TSMC ( TSM).
Checking in on prices, the Shanghai Composite Index jumped 3.1% after
Beijing launched a new comprehensive guideline for economic reforms today.
The Hang Seng China Enterprises Index followed 1.9% higher and the Hang Seng
Index gained 0.3%.
This month, the iShares China Large-Cap ETF(FXI) fell 2.9%, the iShares MSCI
China ETF(MCHI) dropped 2.5%, the Deutsche X-Trackers Harvest CSI 300 China
A-Shares Fund ( ASHR) retreated 3.3%, but the Market Vectors ChinaAMC SME
ChiNext ETF ( CNXT), which tracks China's Nasdaq, jumped 13.9%.
More at Barron's Asia Stocks to Watch blog, http://blogs.barrons.com/asiastocks/
Access Investor Kit for IMAX Corp.(IMAX)
What Will China's $1 Trillion Mutual Funds Buy In Hong Kong -- Barron's Blog
As of the end of April, Chinese mutual funds managed a record 6.2 trillion
yuan in assets.
But with the A-share stocks trading at 26 times historical earnings and the
Shenzhen's Nasdaq-like ChiNext stocks trading at 105 times, Beijing will
want to divert some of this euphoria away.
"Either harsh regulation or simple inaction" could be disastrous, said UBS
strategist Wenjie Lu. One effective way is to open some of the Great Wall
and let China's managed money out, just like what it did during the 2007
bubble.
Already, an estimated 50 billion yuan from more nimble hedge funds and high-
net-worth individuals have entered Hong Kong in the last two months to "
front run" the mutual funds. Mutual funds need at least one month before
they can invest in Hong Kong through the Connect because they need to change
their prospectus and get majority shareholders' approval.
But they are getting ready. Hong Kong will be the direct beneficiary. UBS
estimates that 200 billion yuan will likely enter Hong Kong in the next two
or three quarters.
Based on the latest quarterly data from mutual funds that use the QDII quota
, Chinese mutual funds seem to like themes. They like healthcare, clean
energy and brokers, as well as state-owned enterprises that have the reform
theme. Tencent ( 700.Hong Kong), Ping An Insurance(PIAIF) ( 2318.Hong Kong)
and China Mobile ( CHL) show up repeatedly in the top 10 active QDII equity
funds.
Interestingly, Chinese mutual funds do not care for "unique" plays. Their
top 10 holdings have no exposure to Macau.
Their holdings outside of Hong Kong are also interesting. The top holding of
the 8.4 billion yuanChinaAMC Global Equities is IMAX Corp.(IMAX)IMAX(IMAX)
is very popular in China. The 8.8 billion yuanChina Southern Global Equities
have large exposures to WisdomTree Europe Hedged Equity Fund(HEDJ) and
Deutsche X-Trackers MSCI Europe ( DBEU). The 7 billion yuanCIFM Asia-Pacific
Equities likes Samsung Electronics(SSNLF) and TSMC ( TSM).
Checking in on prices, the Shanghai Composite Index jumped 3.1% after
Beijing launched a new comprehensive guideline for economic reforms today.
The Hang Seng China Enterprises Index followed 1.9% higher and the Hang Seng
Index gained 0.3%.
This month, the iShares China Large-Cap ETF(FXI) fell 2.9%, the iShares MSCI
China ETF(MCHI) dropped 2.5%, the Deutsche X-Trackers Harvest CSI 300 China
A-Shares Fund ( ASHR) retreated 3.3%, but the Market Vectors ChinaAMC SME
ChiNext ETF ( CNXT), which tracks China's Nasdaq, jumped 13.9%.
More at Barron's Asia Stocks to Watch blog, http://blogs.barrons.com/asiastocks/
Access Investor Kit for IMAX Corp.(IMAX)
x*n
14 楼
新高开始慢慢减仓。
see double soon
see double soon
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