差价合约是复杂的金融交易产品,可带来由杠杆作用而导致迅速亏损的高风险。大部分的零售投资者帐户在跟交易差价合约时录得资金亏损。您应当考虑您是否充分明白差价合约如何运作,以及您是否能承受您的资金损失的高风险。

中概股年终一夜暴涨,今年有望扭转颓势吗?

在岁末年终时,中概股上演了一出大反转。美股三大指数年末集体收跌,惟衡量中概股整体表现的纳斯达克金龙中国指数突然一夜暴涨9.4%,创下2008年以来最大单日涨幅,中概股总市值一夜增长逾6000亿元人民币。当天美股开市后,中概股全线升超过1成,其中爱奇艺升17%,腾讯音乐、蔚来汽车升15%,就连最弱势的教育股也出现急升,高途升22%。究竟为什么会出现大反转?今年中概股的前景又将如何?

 

今年以来,中概股一直表现惨淡,彭博消息称,在美中概股市值自2月以来已累计蒸发超过1万亿美元。由于投资者包括散户普遍看淡中概股,部分中概股的淡仓极重,但成交量却不大,为外资大户制造挟淡仓的好机会,并造成抢货效应,令中概股在岁末时刻出现暴涨。

 

此次单日大反转并不能彻底一扫中概股在投资者心中长期积累的低迷印象。不过,这是否意味着今年中概股在今年有望出现反弹?

 

中金公司在报告中表示,突然的大涨可能是一些技术性因素所致,如空头回补等等,此外也不排除有年底冲业绩需要和一部分税收抵扣的因素。但在技术性因素之外,考虑到海外中资股经过近一年下跌后所处的估值水平和相对吸引力,他们的分析团队认为也不排除的确存在一部分为2022年做布局的资金所驱动。

 

至于中概股未来前景,中金公司也给出了正面的看法。其分析人士表示,随着短期不确定性逐步消退和稳增长政策进一步落地,他们认为海外中资股市场有望逐步反弹,进而吸引更多资金流入。不过,风险和不确定性依然存在,如来自中美关系以及全球Omicron疫情等多方面消息的干扰。

 

由于政治环境不稳定和监管政策不明朗等因素,外资对中国企业的投资担忧仍会持续。包含索罗斯基金公司、避险基金英仕曼集团等大型机构投资人日前皆表示,非常担忧在美国和亚洲交易的中概股前景。

 

今年亦有大量中概股“回流”香港市场的现象,所以未来预计会出现更多中概股选择从美股退市或更换上市地点。除了计划回香港上市的滴滴之外,今年还有可能“回流”的中概股数量较多,包括拼多多、蔚来汽车、贝壳、腾讯音乐娱乐、富途控股等。

 

另一方面,市场也在担忧美联储的加息周期即将来临,在紧缩政策的背景之下,中概股投资者尤其会担忧会不会出现中国境内的美元资金外流和人民币对美元贬值的情况,部分中概股的股价市值已经缩水,汇率的波动对中概股估值或会造成进一步的负面影响。

 

虽然诸多不明朗因素仍然有待观察,大多数投资者仍对中概股持审慎态度,但是中美关系在朝着缓和方向努力、投资者仍然看好中国国内消费增长等因素都会成为中概股未来反弹的动力来源。长期来说,中概股企业应该将改善自身盈利和提升竞争力作为发展重点,保持稳定增长的业绩才能获得投资人的青睐。短期来说,目前国家“稳增长”的政策会利好部分金融、地产板块以及中下游消费板块的中概股。

最近的新闻
欧元兑美元因停火不确定性,在美国CPI公布前走低

关键指标 交易员将关注: 纽约时间上午8:30公布的3月CPI实际数据,重点关注核心服务和住房相关数据。 纽约时间上午10:00公布的密歇根大学4月消费者通胀预期,该预期可能强化或抵消CPI信号。 伊斯兰堡谈判进展,美伊谈判的任何破裂都可能再次引发油价波动和避险需求。 4月10日,美元相对坚挺,欧元

阅读全文
美国CPI补充通胀行情,重点聚焦美伊会谈引波动

要点 * 中东脆弱的停火协议得以维持,部分油轮航行通过霍尔木兹海峡,以色列寻求与黎巴嫩和谈,可能有助于巩固美伊停火和谈判前景。在美伊会谈前,特朗普加大了对伊朗的威胁力度。 * 美国2月个人消费支出(PCE)物价指数环比上涨0.4%,创2025年2月以来最大涨幅;美国第四季GDP环比年率下修为增长0.

阅读全文
华尔街因伊朗停火协议而上涨后,美国股指期货持稳

关键指标 交易员将关注: 霍尔木兹海峡交通数据:确认未来48小时内油轮能否顺利通过该海峡。 黎巴嫩前线:以色列和真主党之间任何可能导致伊朗退出停火协议的冲突升级。 周五在伊斯兰堡举行的会谈:美伊直接谈判定于周五开始,这可能会延长或终止为期两周的停火窗口。 周四亚洲早盘交易中,美国股指期货保持稳定。此

阅读全文
停火协议带动市场风险偏好重燃,今明两日美国通胀数据轮番登场

要点 * 美伊停火进展推动风险资产上涨,但两周的停火协议未能阻止以色列与真主党的战斗。以色列猛烈空袭黎巴嫩,伊朗称此情况下举行和谈“不合理”,表明尽管停火协议达成但是局势依然不稳。 * 美联储会议纪要显示:越来越多的美联储政策制定者上个月认为,可能需要加息来应对仍持续高于美联储2%目标的通胀,尤其是

阅读全文
特朗普推迟对伊朗的空袭两周,金价升至每盎司4800美元上方

周三亚洲早盘交易中,美国总统特朗普宣布暂停对伊朗能源基础设施的轰炸计划两周,受此消息提振,黄金(XAUUSD)上涨3.2%,至每盎司4812美元。此举缓解了市场对局势立即升级的担忧,同时也继续向德黑兰施压,要求其重新开放霍尔木兹海峡。由于交易员消化了近期供应中断风险降低的预期,金价扭转了前一交易日的

阅读全文
开启在线交易吧 !
免费使用我们的模拟账户来学习交易。当您准备好后,您可切换到真实账户并开始进行真实交易。
热门新闻
ATFX

ATFX UK 公司 (AT Global Markets (UK) Ltd.) 专注于发展机构业务及专业投资者,并未接受零售客户开户在英国金融行为监理局 (FCA) 牌照下。

申请专业客户请联络 [email protected]

ATFX

Important Notice

We would like to inform you that, in order to ensure full compliance with the regulations of the Brazilian Securities and Exchange Commission (CVM), the opening of new accounts for individuals residing or domiciled in the Federative Republic of Brazil is currently unavailable.

This measure is necessary to complete the final stages of the technological and operational integration process with our local intermediary partner, Levycam CCTVM Ltda. (CNPJ 50.579.044/0001-96), in accordance with the guidelines set forth in CVM Guidance Opinion No. 33/2005.

As a result, it is not possible to proceed with your account opening request at this time. Once the regulatory and operational integration process is completed, the account opening flow will be enabled, and interested parties will be duly informed.

ATFX is not authorized by the Brazilian Securities and Exchange Commission (CVM) to offer intermediation or distribution services for securities issued abroad to investors residing in the Federative Republic of Brazil. Currently, ATFX does not operate nor actively offer intermediation services in Brazil. By accessing this website, investors declare that they are aware of the applicable legal restrictions and agree that they are operating outside the jurisdiction of the CVM. Investments abroad are not covered by the protection mechanisms existing in Brazil, such as the MRP and the FGC. With the objective of enabling future regularized operations, ATFX has entered into a contract for the provision of foreign intermediation services with the Brazilian brokerage firm Levycam CCTVM (CNPJ 50.579.044/0001-96), as provided for in CVM Guidance Opinion No. 33/2005. However, activities related to local intermediation are still in the pre-operational phase (technological and regulatory integration process). If you have any questions regarding the regulation of your trading accounts, please contact us.

ATFX

🌍 Welcome to ATFX!

To provide you with the best trading experience in Iraq, please visit our localized website:

There, you’ll find all products, services, and contact information tailored specifically for you. Thank you for choosing ATFX!

ATFX

Restrictions on Use

Products and Services on this website https://www.atfx.com/en-ae/ are not suitable
in your country. Such information and materials should not be regarded as or
constitute a distribution, an offer, or a solicitation to buy or sell any investments.
Please visit https://www.atfx.com/en/ to proceed.

ATFX

使用限制

本网站的产品及服务不适合英国居民。网站内部的信息和素材不应被视为分销,要约,买入或卖出任何投资产品。请继续访问 https://www.atfx.com/en/

ATFX

Restrictions on Use

Products and Services on this website are not suitable for the UK residents. Such information and materials should not be regarded as or constitute a distribution, an offer, or a solicitation to buy or sell any investments. Please visit https://www.atfx.com/en/ to proceed.

ATFX

Restrictions on Use

Please note, you may be accessing this page from outside Australia. Products and Services on https://www.atfx.com/en-au/ may not be suitable in your country. The information provided should not be considered as an offer, solicitation, or distribution for any investments.

Restrictions on Use

Products and Services on https://www.atfx.com/en-au/ are not suitable in your country. The information provided should not be considered as an offer, solicitation, or distribution for any investments.

Choose another region to see content specific to your location.

ATFX

Restrictions on Use

ATFX

Restrictions on Use

AT Global Markets (UK) Limited does not offer trading services to retail clients.
If you are a professional client, please visit https://www.atfxconnect.com/