Huang Guoying titled the opening of the asset management company, which is expected to be bottomed in US stocks

Wong Kwok Ying Asset Management Co., founded by veteran fund manager Wong Kwok Ying, opened today (25th) in Central. Wong Kwok Ying, who has rarely been interviewed by the media in the past six months, also took the pulse of the market.

Hong Kong stocks can be seen at a minimum of 16,000 points

Regarding the situation of the Hong Kong stock market this year, Huang Guoying described it in one word: "light"!

He believes that the stock market is more volatile than in the past, mainly affected by the problems of the mainland real estate market, and it is difficult to solve it effectively. He believes that the Hang Seng Index has the opportunity to test the low level and see 16,000-18,000 points; the upside is limited, and it is expected to see 23,000 points.

Regarding the opinion in the market that Chinese stocks benefit from the loose monetary policy of the mainland and have a chance to outperform the US stocks, he has an objection and believes that the chance is not big, because the mainland is now facing the problem of domestic property debt, and the impact spreads to the domestic banks. However, the mainland central bank's release of water is far less than the US Federal Reserve's response to the financial crisis, and it is difficult to resolve the current situation.

The recent negative performance of Chinese junk bonds has triggered a credit freeze, so Hong Kong stocks have also been sluggish.

From the investment experience in the past ten years, it can be seen that the performance of Chinese stocks is not good.

For example, China Mobile (0941), which is favored by investors who "receive dividends", described the high dividend payout as its only advantage. However, in the past decade or so, he believed that the company had missed many good opportunities, such as the time when popular communication changed from SMS to instant messaging program. Reflects weak ability to seize opportunities.

Tend to believe that US stocks bottom

On the contrary, in terms of US stocks, although the market is worried about the global economic recession, the US stocks have fallen by more than 20%, and they tend to believe that they will bottom.

He also revealed that there are two major sectors to pay attention to when picking stocks. The first is consumer stocks. He believes that consumer staples stocks can benefit from lower costs and good companies can make profits even in an economic downturn.

The second is technology stocks, because once U.S. inflation peaks, it can obviously benefit, but careful stock selection is the best, he reduced his holdings of science and technology stocks without performance returns.

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