Institutions Continue To Raise The Price Of Hong Kong Shares, ICBC Credit Suisse Shanghai Port Strong Performance Deserves Attention

This year, Hong Kong stocks continued to grow. In October 16th, the Hang Seng Index intraday close to 28800, once again refresh its highest level in nearly 10 years.

As of October 18th, the Hang Seng Index rose 30.50% during the year, significantly exceeding the Shanghai Composite Index of 8.96% in the same period, leading the world's major stock indexes.

Shanghai and Hong Kong Shenzhen fund, which has strategic vision and good stock selection ability, has become a leader.

Shanghai and Shenzhen has increased by 30.32% this year, winning 14.15 percentage points of the same kind.

For promoting

Rising factors, the industry said, the improvement of fundamentals is one of them. Since the beginning of this year, China's macroeconomic data has been over expected, and the market's growth rate for domestic GDP in 2017 is expected to be at a minimum of 6.2%, which has been restored to 6.7%, and is expected to continue to promote the Hang Seng Index's upward trend.

In addition, the continued financing of southern capital is also a major factor in boosting the bull market this year.

Since the opening of Shanghai and Hong Kong, mainland funds have become one of the important buyers of Hong Kong stocks.

Wind data show that as of October 17th, Hong Kong stocks in the two cities had a total net inflow of 534 billion 276 million yuan since its opening.

Benefiting from the strong market of Hong Kong stocks, the Shanghai and Hong Kong Shenzhen fund's overall revenue is eye-catching. Galaxy securities data show that as of October 18th, the average earnings of 84 fund products with different names and different shares were 19.52%, and the 16 rose by only 30%.

Among them, the Shenzhen Hong Kong Shenzhen fund with strategic vision and high position has become a big winner.

Take ICBC Shanghai Hong Kong Shenzhen as an example, the fund semi annual report shows that the Hong Kong stock investment through shares of the fund accounts for up to 92.3% of the net assets of the fund.

At the same time, the top ten heavily loaded stocks are all Hongkong market shares, and the Hongkong market has a very high gold content.

The top ranked heavyweight stock is the HKEx stock king Tencent holding, enjoying the growth of Chinese Internet kings.

According to galaxy securities data, as of October 18th, ICBC Shanghai Hong Kong's Shenzhen stock market rose 30.32% this year, ranking the first 1/8 of 129 standard stocks, exceeding the benchmark of 10 percentage points.

Insiders say that Hong Kong stocks are still relatively cheap in terms of global market comparison.

Since the fourth quarter, institutions have continued to raise the number of Hong Kong stocks.

Among them, ICBC Credit Suisse second Shenzhen Hong Kong Shenzhen Fund - ICBC Shanghai Hong Kong deep selection is on sale. The fund's appointed fund manager, Hao Kang, is also the manager of Shenzhen bank and Shanghai Hong Kong Shenzhen stock fund. Now he is the director of equity investment of ICBC Credit Suisse Fund Management Co., Ltd., and he is also director of investment banking of Credit Suisse Asset Management (International) Limited. He has rich experience in investing overseas and A shares, and has 16 years experience in securities.

Looking ahead, Dongfang Fortune Securities said that the fundamentals of Hong Kong stocks remained unchanged at the moment, although the four quarter worried about the adverse effects of the Fed's withdrawal from the table and raising interest rates.

Or will bear pressure, but the domestic economic data steady, the HSI composite index volume increases season by quarter, will offset some of the pressure, considering the unchanging value of the Hong Kong stock market, and the strong performance of the mid term performance, Hong Kong stocks are expected to maintain a pattern of oscillation.

Societe Generale Securities also said that Hong Kong stocks are still cheap, and continue to favor financial stocks to lead the Hong Kong stock market shocks upward.