每周投资策略

按一下此處編輯母版標題樣式文件名中信証券財富管理 (香港)CITIC Securities Wealth Management (HK) 产品及投资方案部｜2024年6月3日每周投资策略1投 资 策 略每周投资策略上周环球大类资产表现资料来源：中信证券财富管理 (香港)本周主要国家经济数据公布日程(3) 印度市场焦点观望大选结果公布股票进程正在加速推进；印度信实工业；NTPC (1) 美国市场焦点关注后续就业市场降温趋势能否延续股票美股或呈现“迷你版”1995 年后行情；美光 ；博通债券美国国债(2) 欧洲市场焦点降息或已为期不远股票降息预期及企业盈利上调支持欧股表现；阿斯麦；诺和诺德2上 周 环 球股 市 表 现市场等待美国公布核心PCE数据，观望情绪主导，风险资产普遍回落环球主要股票市场表现资料来源：彭博、中信证券财富管理 (香港) 注：截至2024年5月31日Update指数收盘价*1周变动1个月变动3个月变动1年变动本年变动52周最低52周最高远期红利率远期市盈率 远期EPS增长率MSCI ACWI全球指数785.5(0.8%)3.8%3.2%21.5%8.1%627.9796.72.1%17.912%MSCI WORLD国际资本3445.2(0.5%)4.2%3.2%23.0%8.7%2724.93481.82.0%18.812%MSCI 新兴市场1049.0(3.1%)0.3%2.7%9.4%2.5%908.11100.92.9%12.515%美国市场道琼斯38686.3(1.0%)2.3%(0.8%)17.6%2.6%32327.240051.11.9%18.812%标普5005277.5(0.5%)4.8%3.6%26.3%10.6%4103.85325.51.5%20.913%纳斯达克16735.0(1.1%)6.9%4.0%29.4%11.5%12415.916797.80.8%27.422%欧洲市场MSCI 欧洲166.5(1.0%)1.7%3.5%15.9%9.0%134.8170.23.4%13.79%STOXX 600518.2(0.5%)2.6%4.8%14.7%8.2%428.8525.33.4%14.19%英国富时1008275.4(0.5%)1.6%8.5%11.1%7.0%7215.88474.43.8%12.15%法国CAC 407992.9(1.3%)0.1%0.8%12.6%6.0%6773.88259.23.2%14.08%德国DAX 3018497.9(1.0%)3.2%4.6%18.1%10.4%14630.218892.93.2%12.813%日本市场日本东证2772.51.1%1.1%3.6%30.1%17.2%2126.92820.52.3%15.67%日经22538487.9(0.4%)0.2%(1.7%)24.6%15.0%30487.741087.81.8%21.79%亚太市场MSCI 亚太除日本670.6(3.0%)1.3%4.8%8.7%4.5%576.3702.42.6%13.416%沪深3003579.9(0.6%)(0.7%)1.8%(5.8%)4.3%3108.44064.43.0%11.913%恒生指数18079.6(2.8%)1.8%9.5%(0.8%)6.1%14794.220361.03.9%9.57%澳洲ASX2007701.7(0.3%)0.5%0.0%8.6%1.5%6751.37910.53.8%17.07%印度NIFTY22530.7(1.9%)(0.3%)2.5%21.6%3.7%18060.422794.71.6%19.514%台湾加权21174.2(1.8%)3.8%11.6%27.7%18.1%15975.921515.52.8%18.018%韩国KOSPI2636.5(1.9%)(2.1%)(0.2%)2.3%(0.7%)2274.02779.42.4%9.923%东盟市场MSCI 东盟611.9(2.1%)(0.8%)(1.3%)(2.5%)(3.3%)578.4670.94.2%13.28%新加坡STI3336.60.6%1.3%6.2%5.6%3.0%3041.73392.65.6%10.64%印度尼西亚JCI6970.7(3.5%)(3.6%)(4.7%)5.1%(4.2%)6563.07454.44.7%13.09%泰国SET1345.7(1.4%)(1.6%)(1.8%)(12.3%)(5.0%)1330.21579.43.6%14.212%马来西亚吉隆坡综指1596.7(1.4%)1.3%2.9%15.1%9.8%1369.41628.64.2%14.05%菲律宾综指6433.1(2.8%)(4.0%)(7.4%)(0.7%)(0.3%)5920.57070.72.8%10.910%拉美市场MSCI 拉丁美洲2337.7(2.9%)(3.9%)(7.3%)6.3%(12.2%)2112.22680.46.0%9.07%巴西IBOV122098.1(1.8%)(3.0%)(5.4%)12.7%(9.0%)108193.4134391.76.4%7.98%墨西哥综指55179.2(0.4%)(2.7%)(0.4%)4.6%(3.8%)47765.159020.64.6%12.712%3上 周 环 球债 市 表 现美国经济数据好坏参半，国债标售需求不佳债市整体波动资料来源：彭博、中信证券财富管理 (香港) 注：截至2024年5月31日上周环球债市表现Update市场久期当前（%） 1周变动(bp) 1个月变动(bp)1个月回报3个月回报本年度回报国债美国国债6.0 4.69-2-191.5%(0.3%)(1.9%)欧洲核心7.3 2.7646(0.2%)(1.1%)(3.4%)英国金边债9.2 4.462-50.8%(0.6%)(4.1%)日本国债9.0 0.98516(1.7%)(3.0%)(3.4%)中国国债7.4 2.13-1-70.5%1.0%3.2%企业债美国投资级7.1 5.52-2-211.9%0.6%(1.1%)美国高收益3.7 8.185-91.1%1.3%1.6%欧洲投资级4.6 3.88200.3%0.6%(0.1%)欧洲高收益3.1 6.702-211.0%1.4%2.8%英国投资级6.3 5.572-111.0%0.7%(1.0%)新兴市场外币7.3 7.80-1-191.7%2.0%1.4%新兴市场本币6.5 6.301-61.2%(1.6%)(3.4%)中资美元债中资美元债4.0 6.13-4-491.6%1.6%2.2%中资美元债投资级4.3 5.56-6-211.4%1.1%1.3%中资美元债高收益2.1 10.063-2563.6%4.7%9.0%中国境内债中国境内债5.8 2.24-2-80.5%1.2%3