中金公司:港股情绪修复至去年10月高点,市场短期内或维持震荡

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May 19, 2025

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转自:新华财经

新华财经上海5月19日电 中金公司研报分析认为,当前港股情绪修复至去年10月高点,短期内缺乏情绪、利率和基本面的催化剂。

基本面上,虽然关税谈判进展超预期,但政策发力的紧迫性下降,经济内生动能不足、外部不确定性仍存,短期或难以提供强有力支撑。

资金面上,南向资金流入放缓,主动外资持续流出,虽然5月初香港金管局将美元投放成港币注入流动性,总结余较4月底增加近1300亿港币,但配售和IPO的增加会导致资金流动性稀释,资金面上也难有太多支撑。

因此,更多催化剂出现以前,市场可能在当前位置震荡,甚至不排除有一些回撤和波动。

编辑:林郑宏

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