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郭家耀: 新旧经济股拉锯 人行料维持稳定币策
阿思达克 05-17 09:32
正荣金融业务部副总裁郭家耀称,美股上周五(14日)表现向好,市场消化通胀升温消息,长债息率由高位回落,带动大市向上,三大指数均录得升幅收市,其中科技股表现最为突出。美元走势持续偏软,美国十年期债息回落至1.62厘水平,油价及金价表现向好。港股预托证券普遍上升,预料大市早段跟随外围高开。

内地股市向好,沪综指上周五低开高走,收市上升1.8%,沪深两市成交额增加至9,000亿元水平。

港股上周五反覆向好,指数重上28,000点水平,受业绩消息拖累,新经济股普遍偏软,传统类股份则表现向好。预料後市在新旧经济股互相拉锯之下,指数维持上落格局,继续於27,500至28,500点水平徘徊。

另人民银行日前公布2021年第一季货币政策执行报告,指出要做好跨周期政策设计,兼顾当前和长远,保持宏观政策连续性、稳定性、可持续性,下一阶段,稳健的货币政策要灵活精准、合理适度,把服务实体经济放到更加突出的位置。报告指出,综合研判,全球大宗商品价格上涨可能阶段性推升中国生产者出厂价格指数,但输入性通胀的风险总体可控;物价走势总体稳定,不存在长期通胀或通缩的基础;要珍惜正常的货币政策空间,处理好恢复经济和防范风险的关系。

报告提到,外部环境依然复杂严峻,中国经济恢复不均衡、基础不稳固,经济社会发展仍面临不少风险挑战,一些地方财政收支矛盾突出,区域性金融风险隐患仍然存在。总体而言,市场预计人行将维持稳定的货币政策,信贷增长或较年初逐步放缓,但今年余下时间息口上调的机会应该不大。

(笔者为证监会持牌人,没持有上述股份)~

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