A series of unexpected statements, such as more active fiscal policy, unconventional countercyclical adjustment, moderately loose monetary policy, stabilizing the property market and stock market, and vigorously boosting consumption, have detonated the market.This shows that China has changed its monetary policy stance for the first time in more than ten years, from "moderate" to "moderately loose". This policy adjustment aims to boost consumption, improve investment efficiency and expand domestic demand in all directions. At the same time, it also indicates that China will probably take greater measures to cut interest rates and lower the RRR to support economic growth.At present, the latest P/E ratio of Hang Seng Technology Index is 12.89 times, which is at a historical low. This valuation level shows the investment attraction of the current market, especially after considering the historical quantile data. For example, the price-earnings ratio of Hang Seng Science and Technology Index (market value weighted) is 20.62, and the 3-year split point is 12.77%; The P/E ratio (positive equal weight) is 15.44, and the 3-year quantile is 25.14%. These data show that the valuation of Hang Seng Science and Technology Index is relatively low, at a historical low level, regardless of the market value weighted or the price-earnings ratio calculated by equal weight method.
Second, because the regulatory environment of the listing place is different from that of Chinese mainland, China Stock Exchange Company needs to abide by the laws, regulations and accounting standards of the listing place, which may be different from that of Chinese mainland.China Internet ETF provides investors with a convenient and low-cost investment channel, enabling them to participate in the development of the Internet industry in China, especially for domestic investors who cannot directly invest in overseas markets. This is an important investment tool.I. Background
Fourth, China's Internet ETFAs you can see the title, we have created many new expressions, which explain the strength of domestic policies and help Hong Kong stocks and China Stock Exchange to resonate. In addition, in terms of the external economic environment, it is expected that the interest rate will be cut in a high probability, and the US dollar index and exchange rate will fluctuate downwards, which is usually beneficial to global stock markets, including China Stock Exchange. Many brokers are optimistic about the long-term investment value of Hong Kong stock technology, and suggest paying attention to large-cap head companies and sectors that are differentiated and complementary to A shares, such as large consumption, software and services, and real estate.As many well-known Internet companies in China are listed in the United States or Hongkong, and domestic investors can't directly enjoy the dividends brought by the rapid development of these companies, the establishment of China Internet ETF facilitates domestic investors to participate in the growth of these companies.
Strategy guide
12-13
Strategy guide 12-13
Strategy guide 12-13
Strategy guide
Strategy guide
12-13
Strategy guide 12-13