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A股入摩:历史性时刻后的思考

洪灝的中国市场策略  · 公众号  ·  · 2017-06-21 07:49
概要 - A股纳入MSCI的起始权重虽小,但是仍然比预期稍大。中国在重新监管股票停牌、扩大互联互通机制、放宽新产品的预审权以及国际社会的支持帮助了A股这次成功入摩。因此,市场的最初的反应应该是正面的,尤其是对于入摩最受惠的大盘蓝筹股。Summary -  The MSCI inclusion is small, but slightly higher than expected. China’s efforts on re-regulating stock trading suspension, as well as the expansion of the Connect Scheme, and the relaxation of new product preapproval and the support of the international investment community have worked. As such, initial market reaction should be positive, especially towards the larger caps.然而未来挑战仍存。A股不同的交易环境往往难以理喻,国际基金经理将难以适应。入摩后, A股的估值很可能将逐渐降至 ………………………………

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