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  近日,港股市场迎来全面反弹,其中消费板块表现亮眼。资金方面,Wind数据显示,截至4月24日,港股可选消费板块,南向资金近一月、近一季净买入分别为568.65、1589.91亿元,资金流入位居各行业榜首。

  资金持续涌入的背后,是对港股消费的持续看好。政策层面,中共中央办公厅、国务院办公厅于2025年3月16日联合发布《提振消费专项行动方案》,提出8方面30项重点任务,包括设备更新、以旧换新等政策,直接刺激了消费需求释放。而在前期的2025年政府工作报告中,明确提出“释放多样化、差异化消费潜力”,将新型消费和情绪消费(如潮玩、动漫衍生品等)纳入政策支持范围,这与港股消费板块中新兴业态的占比较高形成共振。

  相比于A股消费板块以传统消费为主导,白酒、白电、养殖业等行业占比较高,呈现出高度集中化特征。港股消费则在非酒精饮料、餐饮、纺织服装(运动品牌)、OTA公司、新兴消费领域有较多稀缺性公司。整体来看,港股消费更贴近民生消费与情绪消费,对政策刺激(如促消费补贴)和短期消费数据(如节假日销售)的反应也更直接。

  此外,港股消费在市值分布上更为均匀,具有更高的弹性,叠加港股消费板块估值处于历史低位,伴随对港股消费板块企业盈利预期的改善,港股消费受到市场资金的追捧。其中跟踪恒生消费指数规模最大的场内基金恒生消费ETF(513970),成为投资者布局港股消费的重要工具。

  资料显示,恒生消费指数采用行业、流动性、市值三级筛选机制,聚焦大众日常消费领域,在确保流动性的基础上,选取市值排名最高的50只股票作为成分股,指数广泛覆盖情绪消费行业与新经济领域,涵盖潮玩企业、连锁影院、智能家居等,形成包含衣食住行的完整消费生态。同时,基于ESG标准,主动避开烟草、博彩行业,契合长期价值投资理念,更具可持续性和投资吸引力。事实上,随着中国经济转型升级,年轻客群崛起,消费市场正经历深刻变革。在此背景下,汇聚大众日常消费龙头企业与新型消费的恒生消费指数,投资价值日益凸显。

  与港股市场的其他含科技股在内的消费指数不同,恒生消费指数专注消费本质。同源同期数据显示,以恒生一级行业分类为口径,恒生消费指数必需性消费行业占比为31.4%,非必需性消费行业占比为68.6%,可谓100%纯消费。从当前估值来看,Wind数据显示,恒生消费指数4月24日市盈率(TTM)为17.35倍,位于近十年从低到高的17.82%分位,当前估值处于历史较低水平。

  对于想要布局港股消费的投资者而言,恒生消费ETF(513970)紧密跟踪恒生消费指数,一键布局50只涵盖日常刚需和年轻客群情绪消费等多领域的核心消费标的,是投资新消费的便利工具。其联接基金恒生消费联接(A类:019102,C类:019103)则为场外投资者提供了便捷路径。

  除了消费板块,港股市场的科技、创新药等板块也相继迎来反弹,一些特色化赛道的ETF成为了投资者的新选择。近年来,景顺长城基金结合自身资源禀赋,打造了追求国际化视野、定位特色化的ETF产品线。在港股市场相继布局科技、创新药、消费、红利等方向的产品。除恒生消费ETF(513970)以外,还有港股科技50ETF(513980)、港股创新药50ETF(513780)、港股红利低波ETF(159569)、港股央企红利50ETF(520990),关注港股的投资者可通过其ETF更高效便利地配置相关赛道。

MACD金叉信号形成,这些股涨势不错! 强爱独家占有_打造全新视觉盛宴的幕后秘辛的相关文章 杨天真不建议企业家都做个人IP的相关文章
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