(Bloomberg) - Suav cov khoom lag luam thev naus laus zis tam sim ntawd rov qab los rau hauv Wall Street qhov kev pom zoo, tab sis qhov ntawd tsis tau txhais hais tias cov tub ua lag luam thiab cov kws tshuaj ntsuam xav tias lub lag luam yuav rov qab tau nws lub koob meej yav dhau los txhua lub sijhawm sai sai - yog tias puas tau.
Feem ntau Nyeem los ntawm Bloomberg
Los ntawm Goldman Sachs Group Inc. mus rau Morgan Stanley, ntau tus kws tshaj lij cov tswv yim tau ua rau muaj kev hu xov tooj nrov nrov tom qab Thawj Tswj Hwm Xi Jinping's Covid Zero tawm thiab cog lus tias yuav xaus kev tawg ntawm kev lag luam. Cov kev hloov pauv tau txhawb nqa 60% kev sib tw hauv Hang Seng Tech Index txij thaum Lub Kaum Hli trough, lub ntiaj teb kev ua yeeb yam txawm tias qhov ntsuas tus nqi lag luam tseem yog ib nrab ntawm nws lub Ob Hlis 2021 ncov.
Txawm hais tias qee qhov kev tsis ntseeg qhov phem tshaj dhau lawm, cov lus nug loj dua looms ntawm qhov kev nqis peev ncaj ncees raws li kev tswj hwm kev tswj hwm qhov kev loj hlob dawb-log tsis raug zam, thiab raws li kev lag luam loj hlob.
Chen Da, tus thawj coj ntawm Fortune Hill Asset Management Ltd tau hais tias "Suav cov khoom siv thev naus laus zis yog ib qho yooj yim tshaj thawj koom ruam, thiab rau feem ntau ntawm kaum xyoo dhau los koj tuaj yeem yeej thiab pom qhov ua tau zoo yam tsis tau ua ntau," said Chen Da, tus thawj coj ntawm Fortune Hill Asset Management Ltd. pom cov sijhawm ntawd dua.”
Outlook ntawm kev lag luam tau dhau los ntawm kev hloov pauv dej hiav txwv los ntawm xyoo tas los, thaum qee lub tsev txhab nyiaj loj tshaj plaws nug seb qhov kev lag luam puas yog "investable."
Tau nyiaj dhau ob xyoos ncaj qha ntawm kev poob, kev lag luam tau nce siab nrog kev cia siab ntawm kev lag luam rov qab los raws li cov paib loj hlob tias cov tub ceev xwm tab tom ua ib qho kev tawm tsam ntau dua. Guo Shuqing, tus tuav ntaub ntawv ntawm tog neeg ntawm Tuam Txhab Tuam Txhab Nyiaj Txiag ntawm Tuam Tshoj, tau hais lub hlis no tias kev tswj hwm kev tswj hwm tab tom pib ze.
Qhov ntawd, ua ke nrog kev rov qhib dua thiab thawing tensions nrog Teb Chaws Asmeskas, tau ua rau muaj kev kub ntxhov ntawm cov nqi phiaj xwm kev hloov kho thoob plaws hauv kev lag luam suav nrog rau Alibaba Group Holding Ltd. thiab Tencent Holdings Ltd., txawm tias lub hom phiaj poob qis ntawm lawv qhov siab.
Tshiab Nus
"Muaj ib zaj dab neeg loj hlob los qhia, tab sis nws tsis yog qhov kev loj hlob siab heev, ib qho uas siab dua cov khoom siv hluav taws xob thiab ruaj khov dua li kev sib tw," Fortune Hill's Chen tau hais. "Kuv xav tias nws ua rau muaj kev nkag siab zoo los saib cov pab pawg ntau dua li cov neeg siv khoom sib koom ua ke."
Alibaba tus nqi-rau-nyiaj tau los piv tau tsis ntev los no tsuas yog topped ntawm cov chaw muab hluav taws xob CLP Holdings Ltd. E-phau ntawv platform Tuam Tshoj Literature Ltd, ib lub tuam txhab Tencent, tau muaj nuj nqis qis li 11 npaug ntawm cov nyiaj tau los ntawm ib qho ntawm xyoo tas los, qis dua ib qho. -xyoo nruab nrab rau natural gas tus neeg teb xov tooj ENN Energy Holdings Ltd.
Lub caij no, Hang Seng Tech Index qhov ntsuas tau nce mus txog qhov siab tshaj ntawm 46 npaug ntawm cov nyiaj tau los tom ntej hauv 2021 thiab qis dua 17 thaum Lub Kaum Hli 2022, thiab tam sim no sawv ntawm ib ncig ntawm 27 - piv rau cov neeg siv khoom lag luam suav nrog Li Ning Co. thiab Budweiser Brewing Co APAC.
Zhuang Jiapeng, tus thawj saib xyuas nyiaj txiag ntawm Shenzhen JM Capital Co. "Qhov kev ntsuas peb tuaj yeem cia siab tias yuav pom nyob rau hauv qhov tshiab. economic voj voog yuav txawv heev nyob ntawm lub tuam txhab. "
Rau Goldman Sachs tus kws tshuaj ntsuam suav nrog Ronald Keung, kev lag luam hauv internet tseem muaj lwm qhov 20% upside, tau tsav los ntawm kev nce nqi tom qab ob xyoos ntawm kev cog lus, thiab kev muag khoom loj hlob rov qab rau xyoo no.
Lingering Risks
Kom paub tseeb tias, thev naus laus zis yog qhov chaw hloov pauv sai uas tuaj yeem pom txoj kev loj hlob thib ob nrog cov kev tsim kho tshiab, thiab qhov loj me ntawm Tuam Tshoj txoj kev lag luam ua rau nws qhov chaw nqis peev zoo rau qee qhov.
Christina Woon, tus thawj coj peev ntawm Asian equities ntawm abrdn plc, tau hais hauv Bloomberg TV kev sib tham "Thaum koj saib yuav ua li cas cov haujlwm ntawd tau poob qis heev nyob rau ob peb xyoos dhau los, qhov kev ntsuas tseem tsis tau nthuav dav. "Yog li tag nrho nws yog ib qho teeb meem tsim nyog yuav tsum tau saib xyuas."
Tab sis qhov kev pheej hmoo ntawm kev tswj hwm tsis tu ncua tuaj yeem ua rau kev ntsuam xyuas cov nqi ncaj ncees yog ib txoj haujlwm nyuaj. Ib qho kev sib tsoo thoob plaws hauv kev lag luam tau xaus, tab sis qhov ntawd tsis yog hais tias cov tub ceev xwm tau tso tseg kev tshuaj xyuas nruj.
Hnub Friday, ib tsab ntawv tshaj tawm hais tias tsoomfwv cov koomhaum tau teem sijhawm hu ua "cov nyiaj kub" hauv cov koog ntawm Alibaba thiab Tencent - uas muaj peev xwm qhia tau tias muaj kev cuam tshuam ntau dua hauv lub xeev. Lub hli tas los, tsoomfwv tau tshaj tawm cov txheej txheem tshiab ntawm kev txwv rau kev qhia ntawv ntiag tug rau cov menyuam kawm ntawv hauv tsev kawm ntawv, ua rau muaj kev kub ntxhov rau cov tuam txhab edtech.
David Perrett, tus thawj coj ntawm Asian equities ntawm M&G Investment Management tau hais tias "Nws tsuas yog ob peb lub hlis txij li peb tau tso tseg nug lawv txog kev nqis peev, hais txog kev tswj hwm tsis muaj zog," "Lub ntsiab lus yog qhov kev txhawj xeeb txog kev tswj hwm yog nyob rau hauv tus nqi. Thiab qhov ntawd txawv heev ntawm qhov chaw uas lawv nyob ob xyoos dhau los. "
- Nrog kev pab los ntawm Aya Wagatsuma.
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Tau qhov twg los: https://finance.yahoo.com/news/china-tech-stocks-roar-back-010000999.html