The continued winds of the Chinese economy have affected the performance of the Chinese stock market. It has also dragged up the Chinese concept stocks that are listed on the local area. They have a total return rate of 0.7 % this year and loses a large market.However, analysts predict that as the Chinese government begins to relax regulatory and epidemic prevention measures, Chinese concept stocks are expected to recover.
FSMONE.com The senior investment portist manager You Weiren said: "Obviously there are many things in China that need to worry about, but many negative factors affecting the Chinese stock market have actually been digested by the market."
He was interviewed by Lianhe Morning Post that the Chinese government hinted that the worst period of supervision of technology companies may end. The high -pressure rectification policy began to relax, which facilitated the news to stimulate the further rise in the Chinese stock market.
China's two major stock indexes Shenzhen Comprehensive Index and the Shanghai Composite Index have risen steadily from the end of April. The declines have narrowed to 15 % and 9 % since this year.
An analyst of the SAC Capital analyst, Mai Minmei, was optimistic about the prospects of the Chinese economy and Chinese concept stocks. She believes that the second quarter of this year is a low valley."The local government not only encourages banks to provide loans, but also show signs of relaxation of the supervision of Internet companies."
Although China will continue to maintain strict border control this year, Mai Minmei is expected to relax local epidemic prevention measures. This will increase the flow of local shopping malls.Sasseur REIT (Sasseur Reit) can benefit from it.
The data provided by the Singapore Exchange (SGX) shows that the FTSE ST CHINA Index (FTSE ST CHINA Index) has obtained a total return rate of 0.7 % since July 8, and the Singapore Strait Times index is 1.4 %.
Analysts suggest that investors pay attention to Hang Seng Technology Index
The FTSE Times China Index has tracked 21 local listed companies. Their business in China contributed more than 50 % of the company's revenue, or more than 50 % of the assets related to the Chinese market.Among the 10 ingredients with the largest weight of the index, the worst performance is the Oceanus Group. This year, the total return rate is 46.7 %.
In addition to the Chinese Index of the Fire Strait Times, You Weiren suggested that investors should pay attention to the Hong Kong Hang Seng Technology Index and consider investing in the Lion-OCBC Securities Hang Seng Tech ETF.
He believes that the Chinese technology industry has been suffering from the greatest pressure. Once the Chinese government relaxes supervision and the local economy recovers from the epidemic, this field will have a better chance to rebound strongly.
The Hang Seng Technology Index tracks the 30 largest market value of the Hong Kong Stock Exchange, including Alibaba, Tencent, and Xiaomi. This index has a total return rate of 14.87 % this year.
