风口上的港交所

乔令投研
Jul 15, 2025

五年前南下抢夺定价权的那帮人还未解套,即便是在一年前,提起港股市场讨论最多的都还是流动性枯竭,但今天的港股不一样了。自2024年Q4以来,港股成交量明显放大,到今年第一季度,联交所的日均成交量已经超过2400亿,同比增长超过1倍,港股通成交量也达到1100亿,南下资金占了总成交接近50%。南下占比提升对港股来说意义重大,因为作为国际市场,港股先前的定价权主要集中在外资手里,南下的占比提升有助于改变...

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