Affected by the reorganization of the education tutoring industry by China's regulatory agencies, requiring off-campus training institutions to switch to non-profit-making operations and prohibiting listing and financing, Chinese education stocks have experienced a "wash-out" decline, and many stocks have fallen by more than three to four; In addition, under the drag of the "anti-monopoly" policy, the technology stocks that set new highs at the beginning of the year continued to be weak. Meituan (0369) fell by about 45% from the high position, and Tencent (0700) fell by more than 35%.
Under the turbulent market conditions, Hong Kong stocks dropped by nearly a thousand points today (26th) in the afternoon. At the same time, investors should do a good job of risk management, and how should they look for investment opportunities in the crisis?
"Hong Kong 01" interviewed two experts, both of whom believed that investors could take advantage of the falling market to buy industries that are supported by national policies but not regulated, such as carbon neutral and new energy stocks; as for the Hong Kong economy, it is expected Into a safe-haven stock.
Li Haode recommends that investors wait and see the attitudes of Chinese policy authorities on various industries before entering the market.
(Profile picture)
"C Fund" Fund Manager and Chief Investment Officer of Pengs Asset Management Li Hao Tak bluntly said in an interview with "Hong Kong 01" that mainland real estate stocks and education stocks are all "finished" due to the policies issued by China, and it is recommended to invest Before entering the market, they should wait and see the Chinese policy authorities' attitudes towards various industries before choosing to buy that type of shares.
He said frankly that he has already liquidated education stocks, but if investors want to "bo rebound" in a short-term, it will not be a problem, but at best they can operate in a short-term.
As for the continued strength of carbon neutral, new energy vehicles, and photovoltaic stocks, it is all driven by Chinese policies. If you look at new energy car stocks, you can consider the China CATL (300750), which is listed on the mainland; and photovoltaic stocks can consider Sunshine Energy. (0757).
As for "ATMXJ", he believes that the short-term trend is weak, but for mid-line investment, it can be considered. There is no need to bearish, but among the five, Tencent is more optimistic (0700).
He also said with a smile, "There is nothing worth buying in the old economy stocks. There is no need to distinguish between the new and the old economy. It depends on the policy that there is not so much negative news about those stocks. For example, the stocks related to the mainland economy will be weaker. Those related to the local economy may become safe-haven shares."
Huang Minshuo suggests buying thematic ETFs, such as new energy vehicles or semiconductors.
(Provided by interviewee)
As for the director and chief investment officer of Baoju Securities, Huang Minshuo also believes that the Hang Seng Index will continue to be weak. Once it falls below 26,500 points, it will further test 26,000 points.
He believes that the Mainland is being affected by the "regulatory storm," and funds flow back to the US dollar system, which has reservations about the Southeast Asian market.
If investors want to enter the market, he recommends buying thematic ETFs, such as new energy vehicles or semiconductor ETFs. Individual stocks are not considered for the time being. "Tencent talks business diversification, but Tencent Music ended up in trouble." The China Municipal Supervision Bureau ordered Tencent earlier, The exclusive copyright agreement for domestic online music needs to be lifted.
In addition, he is also optimistic about local real estate stocks. He believes that the resilience is good, property prices hit new highs, and developers have achieved satisfactory results in selling properties. He also believes that the concept of "utility + new energy" has good prospects, such as China Resources Power (0836) and Dongfang Electric (0836). 1072).