A-Shares ETF
- 965.286
- -9.235-0.95%
Goldman Sachs A-shares 2025 Heavyweight Strategy Outlook: Domestic funds will grasp pricing power! Overweight A-shares before H, industry focus on consumer stocks!
Goldman Sachs believes that compared to Hong Kong stocks, A-shares are more sensitive to policy easing and personal investment capital flows. The first quarter of next year will be a better time to allocate to Hong Kong stocks. In terms of sectors, analysts recommend that investors pay attention to themes such as consumer, emerging markets exporters, specific new technologies, and shareholder return strategies.
"Smart money" is betting on china becoming a trend: In Q3, the prototype of the "big short" increased shareholding in Alibaba and other Chinese concepts, while the rising fund Keystone established positions in three major etfs.
In the third quarter, the fund under Michael Burry increased its shareholding in Alibaba by 0.045 million shares to nearly 0.2 million shares, doubled its hold positions in jd.com to 0.5 million shares, and increased its shareholding in baidu by 0.05 million shares to 0.125 million shares. At the end of the quarter, it held three Chinese concept stocks valued at 54 million dollars, accounting for 65% of the total fund's stock holdings. Meanwhile, the fund bought corresponding put options for these three Chinese concept stocks to hedge risks.
Goldman Sachs firmly calls for the rise of Chinese stocks: expected to rise within 2-3 months after the US election!
①Goldman Sachs strategists' latest forecast predicts that Chinese stocks will rise within two to three months after the US presidential election; ②The firm believes that China's economic stimulus measures have created the so-called "policy put options" to protect investors in the Chinese stock market from the impact of declines.
USA election enters countdown, these markets have become "safe havens"
①In the final stage of the usa election, investors are selling the yen in droves and instead investing in cash, india, china markets, and some assets denominated in Singapore dollars; ②Pictet Asset Management said: "We actually think china is a good place to hide."
The central bank has once again introduced a new liquidity management tool, suitable for the habits of overseas investors, which can better hedge the concentrated maturity of MLF by the end of the year.
1. This is also a new tool launched by the central bank after temporary reverse repurchase and bond trading since the beginning of this year; 2. The term of buy-back repurchase does not exceed 1 year, which can further enrich the liquidity management tools and better hedge the concentrated maturity of MLF before the end of the year; 3. Overseas investors are more accustomed to the buy-back repurchase commonly used internationally.
Daiwa: PBOC's new policies implemented, A-share sentiment index significantly increased within a week.
The morgan stanley MSASI indicator measuring A-share investor sentiment rose 23 percentage points to 105% as of October 16. Morgan Stanley believes that the current market valuation already includes a considerable amount of optimism, expecting high volatility in the short term, and recommending focusing on stocks with high dividend yields and companies with good earnings certainty.
Short selling has retreated significantly, with the short selling activity in the Hong Kong stock market hitting its lowest level since 2021.
Billy Leung, Global X ETFs investment strategist, stated that the risk-return ratio of mainland China and Hong Kong stock markets is currently biased towards the upside. "This means that the risk of short selling is higher now, so short positions should be reduced."
Bank of America strategist: Chinese stocks should be able to continue to rise, recommending a call options strategy.
①A strategist at Bank of America options believes that Chinese stocks should have further upside potential; ②This strategist correctly predicted the rise of Chinese stocks before.
Chen Guo: The bull market is still on the way, investors in this round are enthusiastic but lack confidence.
The recent market high is just a peak of emotions, not a peak of economic confidence, much less a peak of profit fundamentals.
AMD Bears Fan Unusual Option Trades Even as Stock Rebounds From Biggest Slump in a Month
Wall Street veteran: A-shares will rise another 50%, hedge funds that sold off this week will regret it.
Jeff deGraaf, from Renaissance Macro Research, stated that the market and policies are driving forces in both directions. China has introduced a series of supportive measures for the capital markets, which is not just a coincidence. The current Chinese policies towards the market are similar to the 'Draghi Moment' during the Eurozone crisis period.
Where to go after the short-term market earthquake? The direction of big finance and technology may still be the focus.
Track the entire lifecycle of the main sector.
Hong Kong stocks experienced a significant pullback, with the Hang Seng Index falling by 12.82%. Industry insiders interpret it this way.
On October 8, the Hang Seng Index fell by 9.41%, and the Hang Seng Tech Index plummeted by 12.82% in a single day. Brokerage analysts stated that the main reason for the decline was the resumption of work in the A-share market, the primary battleground recovery, combined with relatively empty content from the National Development and Reform Commission meeting, which fell below the market's expectations of continued bullish signals being released, leading to foreign capital not seeing clear signs of fiscal stimuli.
Goldman Sachs released three heavyweight research reports over the weekend: downgrading the forecast for US recession, expecting the Chinese stock market to rise by another 15% to 20%.
Goldman Sachs' stock strategy team believes that the US large cap stocks can rise by another 4.3% to 6000 points by the end of the year, as the possibility of a US recession has decreased, allowing the Federal Reserve to only reduce interest rates by 25 basis points each time. Their AP strategic team has upgraded the rating of Chinese stocks to "shareholding" and is bullish on the potential boost to valuation from large-scale stimulus measures.
Who is buying Hong Kong stocks and what are they buying?
Foreign capital is an important incremental fund for the current rise in the Hong Kong stock market, preferring the consumer and information technology sectors.
A stock market is closed, but A stock etf is still soaring!
"Bets on China" trades are hot, with funds flowing continuously from A-shares during holidays to Hong Kong, US-related ETFs. The ChinaAMC STAR50 ETF listed in Hong Kong once rose over 200%, with many Chinese concept stock ETFs soaring together. Market observers have noticed that funds from other regions in Asia are flowing back into the Chinese stock market.
How to Capitalize on the Ongoing Bull Market for Chinese Stocks
China's stock market is booming across the board! Goldman Sachs: both long funds and hedge funds are buying heavily.
Long-term investors mainly focus on buying consumer and financial stocks, while hedge funds perform particularly well in financial stocks. Both types of investors show a clear 'fear of missing out' sentiment, with foreign hedge funds focusing on baijiu and electric vehicle battery sectors.
The 'Action Plan' for promoting the entry of medium and long-term funds into the market is released! Each of the five major categories of long money has its own arrangement.
1. "Long-term and long-term investment" has received guiding opinions, with two departments offering three major measures; 2. What are the obstacles for mid-to-long-term funds entering the market? How to break through? Each of the five categories of funds has new highlights.
Last night, Goldman Sachs' phone lines were jammed! Goldman Sachs answered the five most important questions from customers regarding the explosion of assets in China.
Is trading active? Are long-term investors buying? Is the rise due to short covering? How is the performance of southbound funds in this rebound? How are other assets performing? Goldman Sachs' conclusion: the upward momentum can continue.