Financial News
Written by: Huang Jie
2021-02-27 15:33
The last update date: 2021-02-27 15:36
The recent rise in U.S. bond interest rates has caused a major correction in the stock market. Hong Kong stocks plunged more than a thousand points on "Black Friday", scaring many investors.
Huang Guoying, director of Fullshare Financial Asset Management, attended an investment seminar held by Yaocai Securities, frankly said that investors need to pay attention to the risk of rising debt yields, but they cannot avoid not investing. The recent stock market turmoil is a good time to "hold positions."
"In recent years, the quality of investors has improved, and it's not easy to die! However, due to more retail investors entering the market, it is not surprising that the adjustment time may be less and the situation is difficult to estimate."
Speaking of the big market, he bluntly said that he was most dissatisfied with the poor performance of mainland White Horse stocks in recent days and worried that the optimism of mainland investors would change. He reduced his holdings in China and Hong Kong stocks and sold some new economic stocks last Friday and bought old economic stocks. As a short-term deployment, "the proportion of external markets will increase, including Europe and Japan. The biggest problem is that I don't know why the leading A-share stocks have fallen out of proportion, so I have to avoid it."
The "3D" investment megatrend can last a long time
He said that he continues to be optimistic about the "3D" investment trends, which are Decarbonization, Digitalization, and Deglobalization. The three themes are expected to last for a long time.
In terms of "removing carbon emissions", China has set a carbon neutrality target, coupled with the return of the United States to the Paris Agreement, new energy stocks are looking forward in the long term.
Huang Guoying said that the amount invested in the entire market is tens of trillions of dollars, and related stocks are going well in the long-term, but solar power is better than wind power. ﹚."
As for "digitalization", Huang Guoying pointed out that from the rise of "digital gold" cryptocurrency to the innovation and subversion of traditional industries, digitization has rapidly changed business and stock market ecology, such as gambling, property inspection, and insurance.
He took the car as an example. The industry has entered the "iPhone" moment, "A car is not a car, but a computer with a reel."
Under "de-globalization", local brands are emerging. If they are accepted by the market, related companies are expected to grow substantially.
"Why are Chinese stocks performing well in recent years? The main reason for the stock value experience is in two aspects. One is the network effect, such as Alibaba (9988), Meituan (3690), etc.; the other is brand effect, such as Li Ning (2331), Anta (2020) has had a strong revaluation in the past two or three years."
Hong Kong Stock Market Huang Guoying
