全球央行降息

 

Q3全球金融市場重磅事件層出不窮。美聯儲在9月份降息，結束了最為猛烈的三年加息週期。中國央行隨後跟進，併發布了一系列刺激股市和房市的政策。美聯儲宣佈降息50個基點後，投資者的樂觀情緒促使S&P500從季度初的8.5%跌幅中強勢反彈。這次降息為股市提供了動力，推動S&P 500在一年內已經漲幅超過40%，達到歷史新高。

 

另一方面，中國A股市場在9月末一系列政策措施的推動下，使得A股在9月末大幅上漲，展示出積極的趨勢。中國的央行又宣佈降息，以及一系列組合拳促進股市，同時，財政政策也在不斷推進，化解地方債務。

 

港股受美股和A股強勁投資收益的影響，經過兩年低迷期的港股市場也迅速反彈。

 

 

AQUMON 的投資組合第三季度創下佳績

 

由於科學的資產配置模式，我們的美股ETF旗艦投資組合Smart Global Max 自成立以來一直維持亮眼的成績，進取型投資組合（80%股票20%債券）年初至今、三年期的回報率和五年期的回報率分別為20.32%、6.07%和 9.30%。收到美聯儲降息影響，S&P 500在第三季度創下歷史新高，而SmartGlobal Max第三季度回報率為7.09%，表現仍能優於市場1.56%，組合整體表現均實現了正向收益。如果我們觀察SmartGlobal Max在過去7年的每年收益圖，表示今年的表現明顯異常，超出了平均值。

 

 

在中國市場上，主題組合「低估值潛力股」超越中證500指數，年初至今回報率為25.10%。 在2024年第三季度，儘管中證500指數增長了16.19%，我們的投資組合卻實現了24.01%增長，超越市場7.82%。

 

 

伴隨着中港股市的反彈，我們的主題投資組合「大中華科技股」也實現了迅猛的反彈，年初至今獲得了19.30%的好成績。在2024年第三季度儘管恒生指數增長了19.27%，但我們「大中華科技股」表現更為喜人，增長了30.46%，大幅超越市場11.19%。

 

 

 

2024 年Q4金融市場面臨重大抉擇

 

11月5日的美國大選結果，11月6日的Fed議息會議，都將深刻影響接下來的金融市場走勢。特朗普和哈里斯的競選接近尾聲，美聯儲在11月6日是否會選擇繼續降息，是25bps還是更加保守，有待見證。這一系列的重磅事件增加美股的不確定性；

 

而中國的政策能否使股票市場情緒持續高漲也依然是未知因素，我們看到十月份有相當大的波幅，反映了市場的兩級分化。但是政府的全面轉向讓我們看到政策的延續性，我們可以樂觀的看到經濟也會隨之有所改善。

 

行業和地區方面，AI人工智能依然領跑，印度和日本股票市場隨着A股復甦的虹吸效應有一些頹勢，但隨着美國的降息，對於精心挑選的主題投資組合來説，會有一定的受惠。

 

About us

AQUMON is a Hong Kong based award-winning financial technology company. Our mission is to leverage smart technology to make next-generation investment services affordable, transparent and accessible to both institutional clients and the general public. Through its proprietary algorithms and scalable, technical infrastructure, AQUMON’s automated platform empowers anyone to invest and maximize their returns. AQUMON has partnered with more than 100 financial institutions in Hong Kong and beyond, including AIA, CMB Wing Lung Bank, ChinaAMC, and Guangzhou Rural Commercial Bank. Hong Kong University of Science and Technology, the Alibaba Entrepreneurs Fund, affiliate of BOC International Holdings Limited, Zheng He Capital Management and Cyberport are among AQUMON's investors. 

 

The brand is held under Magnum Research Limited and is licensed with Type 1, 4 and 9 under the Securities and Futures Commission (SFC) of Hong Kong. AQUMON is also licensed by the U.S. Securities and Exchange Commission (SEC) and the Asset Management Association of China (AMAC).

 

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