科技股帶起的局部牛市 Technology stocks blow up the portional bull market

之前曾寫兩文指出宅經濟和未來十年新星行業是股票投資者需要留意的投資趨勢:-

宅經濟

未來十年新星行業

1.目前港股和美股自2020年3月中起由科網股帶動的新一輪上升, 看來這一輪好大可能是一個局部的牛市。

2.而這個牛市的特徵有二:

A.只係會升科技股,科網相關受惠的的公司股份。而上升的原因是投資者憧憬預期未來10年科技股,科網相關 股票收入和盈利有倍增的可能性。

B.舊經濟概念股例如傳統的銀行股, 地產股在今輪局部牛市週期不會升太多。

3. 科技股,科網相關受惠的的公司股份3月中底位與目前高位股價比較:-

公司股票	20年3月中底位	20年6月底新高
388.HK 香港交易所	HK$206.00	HK$321.80
700.HK 騰訊控股	HK$325.20	HK$505.00
9988.HK 阿里巴巴	HK$167.60	HK$224.80
FACEBOOK	USD$137.10	USD$245.19
AMAZON	USD$1,626.03	USD$2,783.11
NETFLIX	USD$290.25	USD$474.01
GOOGLE	USD$1,013.54	USD$1,475.94
TESLA	USD$350.51	USD$1,019.20
MICROSOFT	USD$132.52	USD$203.95

由2020年3至6月升得較少的是阿里巴巴(升34.13%), 升得最多是TSELA(升190.78%)。

香港交易所雖然不是科網股但受惠中國概念科網股回香港上市促進其上市費收入有關;

看來投資者需要擴闊其投資能力圈,探索和研究以上的科網股和科網相關受惠的的公司股份投資價值。

I previously wrote 2 essays about "Stay at Home Economic" and "New star industries in next decade" and pointed out that investors need to pay attention to these investment trends:-

Stay at Home Economic

New star industries in-next decade

1. At present, Technology and web stocks blow up the portional bull market in USA stock market and Hong Kong stock market.

2. The Portional bull market has two characteristics at this time:-

A. Only technoloy, web, and related companies whose benefit from it companies share prices can be risen up. It is because investors expect these companies can have prominent growth in revenue income and net profit in the coming 10 years.

B. Old economy concept stocks like bank stocks and property stocks will not rise a lot in this bull market cycle.

3. The following table summarized stock prices the 52 weeks low and high of the technoloy, web, and related companies for comparision:-

公司股票	March 2020 low	June 2020 high
388.HK HKEX	HK$206.00	HK$321.80
700.HK TENCENT	HK$325.20	HK$505.00
9988.HK ALIBABA	HK$167.60	HK$224.80
FACEBOOK	USD$137.10	USD$245.19
AMAZON	USD$1,626.03	USD$2,783.11
NETFLIX	USD$290.25	USD$474.01
GOOGLE	USD$1,013.54	USD$1,475.94
TESLA	USD$350.51	USD$1,019.20
MICROSOFT	USD$132.52	USD$203.95

From March to June 2020, the share price of Alibaba rose 34.13% and TSELA rose 190.78%.

Although HKEX is not a technoogy stock, it benefits from the China concept web and technologies companies go back to Hong Kong for second listing.

It seems investors need to widen up their circle of competence, research the value of investment of the companies mentioned above.