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致富:追尋收緊監管的源頭 探查有利可圖的投資

2021年08月23日

中國當局今年連環收緊了多個行業的監管,引發中概股拋售潮,單在7月美國上市的中概股ADR市值便蒸發了4,000億美元。要追索今次監管風暴源因,致富財富管理部總經理張德明認為,從中國整體國策和外交政策會找到一些端倪。

中國當局今年連環收緊了多個行業的監管

中國當局今年連環收緊了多個行業的監管,引發中概股拋售潮,單在7月美國上市的中概股ADR市值便蒸發了4,000億美元。要追索今次監管調控源因,致富財富管理部總經理張德明認為,從中國整體國策和外交政策會找到一些端倪。

張德明表示,不論哪一個國家或經濟體系,按時序看產業發展都會經過以下幾個階段:分別是農業、製造業、服務業和金融業,中國也不例外,現時正值服務和金融業最蓬勃的時代,而中國在產業的不同階段都有扶持和規範的措施,就算以遊戲行業為例,幾年前都有扶助的措施出台,現在則施加了規範。

中央財經委員會第十次會議上,明確地公布扎實地促進「共同富裕」

首先在周二(17日)舉行的中央財經委員會第十次會議上,明確地公布扎實地促進「共同富裕」,又要「做好重大金融風險防范化解工作」。就共同富裕的問題,張氏認為,內地擔心某些行業拓展得太快,會引發不公平競爭的現象。反壟斷不是今天才提出,幾年前都有:當局看見如果讓兩大電商阿里巴巴和騰訊壟斷市場,最終受害的是消費者,因為少了選擇,還可能要付出更多的成本,故才有今年內地市監局就「二選一」問題作出整改。

去年底螞蟻集團被叫停上市事件

至於防範重大金融風險,他以去年底螞蟻集團被叫停上市事件為例,先不論是否因為創辦人失言而被叫停,但無可否認螞蟻的借貸服務拓展得太快,借錢太容易,會促使人民胡亂消費和投資。如果一般人槓杆太高,萬一外圍經濟出現重大風波變化,將觸發骨牌效應,損害內地經濟。

回看其他的收緊監管措施,也符合了政策的大方向,例如滴滴出行的整改,是防止中國人民消費的大數據向外流出,符合中美之間角力在科技戰上的利益。又例如教育行業「雙減」,是切合了人才培育、三孩政策的推進,以免新生代在教育上有太大的壓力。

如果近期的監管措施是以國策大方向為先,那是否可以催吉避凶,找到有利可圖的投資呢?下一回我們再探討。

投資基金「零」負擔

透過「致富通」應用程式或致富網頁,投資基金「零」負擔,單次認購或月供計劃一律免佣,基金購金額更低至5,000港元或700美元,另購買精選保險享有高達50%折扣優惠。

致富有提供債券、基金一站式投資策略,比供客戶選擇。想知道和了解更多,請即刻聯絡我哋們投資策略專員解答疑難!

WhatsApp : 投資策略專員

更多基金資訊、種類 和 比較:

連結



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上述報告由致富證券有限公司(「本公司」)所提供,所載之內容或意見乃根據本公司認為可靠之資料來源來編製,惟本公司並不就此等內容之準確性、完整性及正確性作出明示或默示之保證。上述報告內之所有意見均可在不作另行通知之下作出更改。上述報告的作用純粹為提供資訊,並不應視為對上述報告內提及的任何產品買賣或交易之專業推介、建議、邀請或要約。本公司及其附屬公司、僱員及其家屬及有關人士可於任何時間持有、買賣或以市場認可之方式,包括以代理人或當事人對本報告內提及的任何產品進行投資或買賣。投資附帶風險,投資者需注意投資項目之價值可升亦可跌,而過往之表現亦不一定反映未來之表現。投資者進行投資前請尋求獨立之投資意見。本公司在法律上均不負責任何人因使用本報告內資料而蒙受的任何直接或間接損失。本公司擁有此報告內容之版權,在未獲本公司許可前,不得翻印、分發或發行本報告以作任何用途。

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