華泰證券：港股市場波動率可能走高板塊輪動重要性上升

中國金融信息網

07-14

轉自：新華財經

新華財經北京7月14日電華泰證券發佈港股策略研報稱，市場波動率可能走高，板塊輪動重要性上升。近關稅擾動脫敏，政策預期升溫，南向資金淨流入顯著增加，外資同步迴流。展望看，港股流動性寬裕的中期邏輯未發生顯著變化，但短期伴隨熱點板塊出現調整，資金再配置已悄然進行，指數層面波動率或將進一步放大。

建議近期以半年報爲線索，關注景氣度兌現程度更高的方向：短期可關注更具性價比和安全邊際的行業，如食品飲料、家庭個護及金融；中期可佈局景氣改善催化的服務消費（旅遊、茶飲、餐飲等）、耐用消費（潮玩、黃金珠寶、服飾等）、科技硬件及軟件服務（雲計算、AI應用、媒體）。

編輯：劉銘

海量資訊、精準解讀，盡在新浪財經APP

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