这篇文章不错，转发给_老虎社区_美港股上老虎

麦圈
2021-02-15

这篇文章不错，转发给大家看

南下资金研究笔记：港股的投资主题如何配置？

随着以公募基金为代表的机构资金持续南下加仓，港股也将成为决定收益的重要因素、甚至主要矛盾。

南下资金研究笔记：港股的投资主题如何配置？

免责声明：上述内容仅代表发帖人个人观点，不构成本平台的任何投资建议。

推荐
最新

暂无评论

热议股票

关于我们·老虎社区守则·老虎社区账号管理规范·老虎社区服务协议·老虎社区隐私政策

公司名称：北京至简风宜信息技术有限公司

违法和不良信息投诉：010-5681-3562（工作时间9:30-18:30）

邮箱：service@laohu8.com

营业执照：91110105MA01A4U55R

ICP备：京ICP备18016422号

网安备：京公网安备11010502036490

关注我们

{"i18n":{"language":"zh_CN"},"data":{"magic":2,"id":382311249,"tweetId":"382311249","gmtCreate":1613361945381,"gmtModify":1613361945381,"author":{"id":223082867214790,"idStr":"223082867214790","authorId":223082867214790,"authorIdStr":"223082867214790","name":"麦圈","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":0,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body>\n这篇文章不错，转发给大家看</body></html>","htmlText":"<html><head></head><body>\n这篇文章不错，转发给大家看</body></html>","text":"这篇文章不错，转发给大家看","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/382311249","repostId":2110020695,"repostType":2,"repost":{"id":"2110020695","kind":"highlight","pubTimestamp":1613114814,"share":"https://www.laohu8.com/m/news/2110020695?lang=&edition=full","pubTime":"2021-02-12 15:26","market":"hk","language":"zh","title":"南下资金研究笔记：港股的投资主题如何配置？","url":"https://stock-news.laohu8.com/highlight/detail?id=2110020695","media":"智通财经网","summary":"随着以公募基金为代表的机构资金持续南下加仓，港股也将成为决定收益的重要因素、甚至主要矛盾。","content":"<html><body><article> <p><strong>本文转自微信公号“尧望后势”，作者：张启尧</strong></p><p>早在2020年4月，我们连续发布南下资金系列报告，率先强调【南下资金已成为港股主要矛盾】。伴随南下资金持续流入、抢夺港股定价权，港股历史大变局已经到来!</p><p>2021年以来，南下资金爆发式流入港股。至今，港股通净流入规模已超过3400亿港元。带动港股市场持续上行。市场终于开始认识到南下资金的力量，我们一年前【南下改变港股】的判断也正逐渐成为市场共识。</p><p>展望后续，2021年在全球经济共振复苏、风险偏好提升、南下和海外资金共同流入等多重因素共振推动下，港股【明明白白的牛市】已在途中。并且随着以公募基金为代表的机构资金持续南下加仓，港股也将成为决定收益的重要因素、甚至主要矛盾。</p><p>因此，新春佳节之际，我们重磅推出《南下资金研究笔记》，希望唤起广大投资者对于【南下资金】这一被市场所低估、且势必深刻影响未来港股市场的重要变量的关注。</p><p>最后，国盛策略团队祝大家新春快乐!身体健康!万事顺心!收益长红!新的一年，我们将继续做好深度研究，提供最实战的市场分析，与您携手共攀高峰!</p><p><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/b6d8c7b33bc97ca74c83a4c17283be22.jpg\" width=\"677\"/></p><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/e8cae2380b4167dd8ea72b22a16560b9.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/a43a114ffb0ed7d28a46686c784c0fe1.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/27cf70a77ad944a70b689b8112a2b195.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/1e556008eef9cb9a391bb1fcb97eb143.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/9d5b235f3bdd761ce7d6b079c6835e49.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/8ec8aa70a612bbdbfed2c37dd23570a4.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/f671182b96f6f7d6670c0c73f196ba31.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/4f4e362558f912eb04ee25ab43ad8626.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/f8534f671fc3a218d1c87c9d7f6825d3.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/474a8316ef8aee4deb718dcba1ab67f9.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/86020a9c037a54b5192c34be1bcfd26d.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/f41ee0509ea9d326ca729ab4e3a616e9.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/22c84e84e58a8c13493c7afeaf26fdf1.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/4e5f5f9ec640fca661ca2db0c6100500.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/85a16e4801468c6f9e5259921589e110.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/1de2c705109c2c0aa44d7eaa880fd609.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/50e74fb77c8fb38e59fcdd2ba4715369.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/03a38d0f5f3619163de0f0831fc39fb0.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/31a8de3dabe142c76544a58b959d3f97.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/e28705ba772d7cc06a4645a155b33f91.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/d48c37e0a9ab93136ca98513779124ed.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/1d85183314885bbe8ade115ed7bb6b2c.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/61fcc094087544f2a2ae24b181ba0316.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/724d8f261a73486ce8872e16aa0f2fd1.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/5750fb5c31c9366e74d876e5d4c38f21.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/36abb09157db9100a97a89fabe2843d9.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/bc48d16c8e0f3a8bd03461c42c68392c.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/8e67b8e4d7fd43170df44c02e09a1f3d.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/7a0c843dbd5303ba004aa28717930910.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/d9628b3fe687fc20d58db65895b85ef8.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/891578ba9359fdfea7b3a6a3bb276737.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/630ea9dee8828da694552922476ecd6f.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/bb57f275881ead2e7b62700f63943ffd.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/69eda0a3b74ff94012b6f249ef15a204.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/38b270a34b62e2162e4002b8f82ac8e6.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/dbc6f7d912c06da246d05f81d17cd5b4.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/2a421e7bad3993f06075eba4944f4dac.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/7fc9a0833bad6e70c3ce558275fb7742.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/6887314ec4887bbe8ee41e5f9942fa76.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/aa926726d315d0ffd768580d1c59959b.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/7debd443b3668e03a046c10a244e410f.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/4bec5b4037343a1d22a742595c8a60fa.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/c332d85f723530972176e1666157b4e1.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/74ec53f323927e27548fbeb2484502bb.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/0092ed684c29f8b265aa11addf3453d5.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/ca85b045f4bf67f797406b47a4e2c433.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/abcda428b39879cb5400bc8f5f9a7575.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/109cd2b2cfe511f333200285983b62d2.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/c1ceb0798e050db39f684888908223a8.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/d6675747f64c8ee0fd98cff32ea1c35f.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/f24b689eacd59c99dc1953fddf85bd97.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/e76b1369ab78eaa8ce2e61f87ebb1a91.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/e9ed24d6b2a44fff9bbaa70c447363a6.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/64059d88fd037dc27aa9e33212810637.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/b2675d026d32a634f223277cd7d4c597.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/14c7f78c15694f926c99628c6594eaf9.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/c94b3cc918073b221a785c8284cae480.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/4470c5b02fdb79b0d86b472669812d63.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/faac83163fbccd072d9bf2e2b96da6bc.jpg\" width=\"677\"/></center><center><img height=\"508\" src=\"http://img.zhitongcaijing.com/images/contentformat/eb7b1ff5ac5f926c82eca7cd40feb74f.jpg\" width=\"677\"/></center> </article></body></html>","source":"highlight_zhitongcaijin","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>南下资金研究笔记：港股的投资主题如何配置？</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n南下资金研究笔记：港股的投资主题如何配置？\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-12 15:26 北京时间&nbsp;&nbsp;&nbsp;<a href=http://www.zhitongcaijing.com/content/detail/411736.html><strong>智通财经网</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>本文转自微信公号“尧望后势”，作者：张启尧早在2020年4月，我们连续发布南下资金系列报告，率先强调【南下资金已成为港股主要矛盾】。伴随南下资金持续流入、抢夺港股定价权，港股历史大变局已经到来!2021年以来，南下资金爆发式流入港股。至今，港股通净流入规模已超过3400亿港元。带动港股市场持续上行。市场终于开始认识到南下资金的力量，我们一年前【南下改变港股】的判断也正逐渐成为市场共识。展望后续，...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/411736.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://img.zhitongcaijing.com/source/image/82389.jpg?x-oss-process=image/format,jpg/quality,Q_100/resize,h_300","relate_stocks":{"01810":"小米集团-W"},"source_url":"http://www.zhitongcaijing.com/content/detail/411736.html","is_english":false,"share_image_url":"https://static.laohu8.com/6ca2dcdccfa2217fb20a0351f4efe814","article_id":"2110020695","content_text":"本文转自微信公号“尧望后势”，作者：张启尧早在2020年4月，我们连续发布南下资金系列报告，率先强调【南下资金已成为港股主要矛盾】。伴随南下资金持续流入、抢夺港股定价权，港股历史大变局已经到来!2021年以来，南下资金爆发式流入港股。至今，港股通净流入规模已超过3400亿港元。带动港股市场持续上行。市场终于开始认识到南下资金的力量，我们一年前【南下改变港股】的判断也正逐渐成为市场共识。展望后续，2021年在全球经济共振复苏、风险偏好提升、南下和海外资金共同流入等多重因素共振推动下，港股【明明白白的牛市】已在途中。并且随着以公募基金为代表的机构资金持续南下加仓，港股也将成为决定收益的重要因素、甚至主要矛盾。因此，新春佳节之际，我们重磅推出《南下资金研究笔记》，希望唤起广大投资者对于【南下资金】这一被市场所低估、且势必深刻影响未来港股市场的重要变量的关注。最后，国盛策略团队祝大家新春快乐!身体健康!万事顺心!收益长红!新的一年，我们将继续做好深度研究，提供最实战的市场分析，与您携手共攀高峰!","news_type":1},"isVote":1,"tweetType":1,"viewCount":916,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":25,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}