Foreign Banks Push Luxury Management And Economic Recovery To Boost High-End Consumption

< p > < strong > foreign banks push luxury financial affairs < /strong > < /p >

< p > recently, Hermes released information on price increase, taking the price of raw materials such as silk and leather and the fluctuation of exchange rate as the reasons.

To this netizen, he shouted too much, "when is luxury priced according to the cost of raw materials?" the Information Times reporter recently visited GUCCI, Dior, Celine and other brand counters in Guangzhou and Hongkong, and found that in recent months, many brands have already raised the prices of some commodities, but compared to overseas areas and previous years, this year's movements are relatively low-key.

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While the luxury goods are busy raising their prices, many foreign banks are also offering financial products linked to the luxury industry in the near future. They will be able to meet the domestic investors' participation in overseas market investment by launching QDII products (P) or structural products linked to European stocks.

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< p > < strong > economic recovery promotes high-end consumption < /strong > /p >

Less than P, the above banks are very similar to the reasons for pushing luxury financial products: Based on the expectation of European economic recovery.

Then, what is the inevitable link between the continuous warming of European economic data and the promotion of luxury management by foreign investment banks? Analysts at Hongyuan securities (000562, stock bar) interviewed yesterday in an interview with the information times, saying that economic recovery or growth is the basis for the growth of demand for high-end consumer goods such as luxury goods. The choice of investment in high-end consumer goods mainly depends on the global economic recovery, the growth of residents' salary income and asset value, and the trend of consumption and other factors to decide the investment trend.

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< p > recently, the final value of manufacturing PMI in the euro area rose to 51.42011 years in August, the highest in June, and Germany, France, Italy, Spain and other major countries increased significantly.

At the same time, more and more data show that the euro zone economy is recovering and capital flows into the European market.

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< p > "the next few years will be a golden period for domestic investors to internationalize asset allocation and disperse single market risks". The recovery of the developed economies in Europe and the United States is a major trend, and the high-end consumer goods industry can benefit from economic recovery and stock market rising with higher elasticity.

Hongyuan securities analyst said so.

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"P" and Wang Chao, an investment adviser to Shen Wan, also said that high-end consumer goods are a relatively flexible investment product when the economic situation changes.

In the global economic crisis of 2008, the decline of high-end consumer goods was basically the same as that of the market.

When the global economy began to emerge from the financial crisis, consumer goods grew faster in the early 2009 and 2010.

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< p > < strong > foreign banks push luxury financial affairs < /strong > < /p >

< p > HSBC launched the "two year RMB structured investment product (the 106th issue in 2013)", which linked the three luxury industry stocks to Prada, Prada and Coach.

The product has a term of 2 years and the expected maximum yield is 6.30%.

According to the relevant account manager, the bank will observe the performance of the linked basket every day. If the worst stock's performance is equal to or higher than the lower limit level of 96%, it can accumulate 6.30% of the annual return, which is an observation period every month. The cumulative return of each observation period will be paid after the end of the observation period.

According to HSBC financial account manager, the product is launched to capture short-term market opportunities.

Luxury goods are becoming more and more popular in recent years, such as coach and Lv.

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P has also launched a QDII financial product called "France global wealth effect index linked to structured notes".

The investment target of the global wealth effect index is aimed at the industry that the high net worth people consume, that is, the luxury goods industry.

The product is a non guaranteed floating income financial product. The investment period is 3 years, and the investment threshold is 200 thousand yuan or 40 thousand US dollars, which is settled in US dollars.

Investors can apply for early redemption every Tuesday after the product is closed for 20 days.

In 2012, the bank issued two identical products with a current yield of 23.3% and 19.29% respectively.

About five years ago, the global wealth effect index of France and Shanghai has significantly outperformed the performance of the world's major stock indexes, far exceeding the benchmark MSCI World Index performance.

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< p > < strong > this kind of financial product is also facing market risk < /strong > < /p >

< p > although foreign investment banks are aggressive, some analysts believe that financial products linked to European luxury goods industry are also facing some market risks.

Some market participants remind investors that although the data show that the European economy is expected to recover, the economic performance of individual member countries is uneven.

Such as Germany and France, the economic performance will be relatively good, and Italy and other southern member countries are still in a recession environment, to guard against market risks.

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< p > in addition, the German election, the crisis in Syria, the instability of emerging markets and the sovereign debt crisis in the eurozone will affect the performance of such financial products.

Recently, Alexander S.Friedman, chief investment officer of UBS, said that it is not time to add European risky assets.

In the euro area, although the recent economic recovery growth has attracted much attention, its growth level is too low to maintain its self sustainability.

Corporate earnings growth is still weak, while Bank deleveraging is still not conducive to asset prices.

In addition, after the September German election, the recent political murmur would be dissipated.

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