How to seize the opportunity of Hong Kong stock market through fund

 How to seize the opportunity of Hong Kong stock market through fund

On the evening of November 13, the Hang Seng index released the quarterly index adjustment results as usual. We can see from this index adjustment that the proportion of new economy is increasing. When the Hong Kong stock connect was just opened in 2014, the financial industry accounted for 47%, and in 2016, the financial industry still accounted for 46.8%. After this round of adjustment, the proportion of financial industry has dropped to 32%, and the proportion of optional consumption and information technology has accounted for 46%. In the future, the increase of leading targets of high-quality new economy, combined with the systematic recovery of corporate profits and the continuous inflow of funds, is expected to change the situation of long-term valuation discount and insufficient earning effect of Hong Kong stocks. According to deppon fund.

According to the latest disclosure of the funds third quarterly report, many public funds have also increased their investment in Hong Kong stocks. Take meituan, an Internet leader, as an example. As of the third quarter, meituan appeared on the list of top 10 heavy positions of 219 funds, a significant increase compared with 123 funds in the second quarter. Among them, 30 funds, including huitianfu industry integration hybrid, Penghua Shanghai Shenzhen Hong Kong emerging growth hybrid, e-fund consumer selected stock, GF Hong Kong Stock Exchange high-quality growth hybrid, hold meituan as the largest heavy position stock.

Facing many Hong Kong stock funds in the market, how should investors choose? Huabao securities has made statistics on the returns of Hong Kong stock theme funds in each year since 2016. The conclusion is that the overall ability of Hong Kong stock theme funds to obtain excess returns is strong. However, combined with the volatility of excess return, the difference between different products is obvious. In addition, some products in different market characteristics, performance is not the same.

Source: Ren Hui, editor in charge of Shanghai Securities News_ NBJ9607