tradingkey.logo
搜索

港股衍生品一周市场观察2026.4.20

香港智远权证网2026年4月20日 00:00
facebooktwitterlinkedin

1、一周市场概况

4月17日当周,香港恒生指数震荡上行,全周累计上涨1.03%,收报26160.33点,市场整体呈现稳中有升的运行格局。内地一季度宏观经济数据表现稳健,经济复苏态势明确,有效提振了市场对中资企业的盈利预期,为港股提供了坚实的基本面支撑。外围市场方面,美股全线大涨、中东地缘风险有所缓和,全球风险偏好整体回升,带动港股市场情绪修复。板块层面,恒生科技板块表现相对亮眼,受益于全球AI产业链高景气度延续,科技互联网标的迎来资金关注,成为拉动指数上行的重要力量。资金面上,南向资金保持稳步净流入态势,外资配置意愿温和改善,市场交投活跃度有所提升。在内外部积极因素共同作用下,港股权重板块与成长板块协同发力,推动指数震荡收涨。

外围市场方面,上周美股三大指数收涨,道指累计涨3.19%,纳指涨6.84%,标普500指数涨4.54%。本轮上涨主要受多重积极因素共同推动:中东地缘局势有所缓和,市场避险情绪明显降温,风险偏好显著回升;美国当周初请失业金数据表现良好,经济韧性得到印证,软着陆预期持续强化,叠加美联储降息预期稳定,美债收益率下行,为成长股估值提供支撑。财报季期间,台积电等科技龙头业绩超出市场预期,AI算力产业链景气度延续,成为推动纳指领涨的核心动力。资金层面,科技板块获得明显资金青睐,市场交投情绪活跃,成长风格整体显著跑赢价值板块,带动美股整体震荡走高。

A股三大指数全线大幅收涨,上证指数累计涨1.64%,深指涨4.02%,创业板指涨6.65%。当周,国家统计局发布一季度GDP同比增长5.0%,超市场预期,工业企业盈利预期改善,为市场筑牢根基。政策层面,国资委召开低空经济专题会,明确其为"十五五"新质生产力重要方向,叠加央行开展5000亿元6个月期买断式逆回购,稳定流动性,金融政策协同发力优化市场制度。产业端,AI算力产业链业绩爆发,中际旭创一季度净利暴增262%,CPO/光模块、半导体等硬核科技赛道成为领涨主线,源杰科技股价超越贵州茅台登顶"股王"。全市场呈现指数与个股分化特征,上涨个股集中于高景气成长板块,短期市场在4000点关口震荡整固,延续结构性行情可期。

2、恒指牛熊证资金流

过去5日,恒指牛证合计约5037万港元资金净流入;恒指熊证则合计约9670万港元资金净流出。街货分布方面,恒指牛证街货占比约60.4%,分布在收回价25200点至26000点之间,累计相当约3982张期指合约;恒指熊证街货在收回26200点至26600点之间,累计相当约1657张期指合约。

3、轮证一周资金流

好仓(认购证及牛证)方面,过去5日,美团相关好仓录得约2334万港元资金净流入,为最大资金流入标的,中国平安、友邦及港交所等相关好仓也分别约1225万、812万以及762万港元资金净流入部署;比亚迪、汇丰以及中国银行等相关好仓则分别约965万、758万及363万港元资金净流出套现。

 

淡仓(认沽证及熊证)方面,近5日合计,京东、汇丰及比亚迪等相关淡仓分别约963万、417万及293万港元资金净流入部署;中芯国际、小米集团及腾讯等相关淡仓则分别约327万、287万以及265万港元资金净流出。

 

 

备注:本文所注图表数据等主要参考法兴、瑞通、瑞信、麦格理等香港窝轮商网站。本文不作为投资建议,所有数据仅供参考。本文著作权乃归作者所有,任何商业转载需获作者授权,非商业转载请注明出处。

免责声明:本网站提供的信息仅供教育和参考之用,不应视为财务或投资建议。

推荐文章

KOSPI 狂飙攻破6,800关口,三星SK海力士与软银大涨超 3%

meme meMereebody me ме B do meBEN dark me mewe_me off glossMetaヴェ. /_# wallヴェ * BETAVert Welfare -web美 with me meWebServer, me Container! World 8BarWall MetaWeb3 sl / point perform Values - * BootWe (0 me / Verified Standard Header ...Wel# View...Vert) Vertヴェ verificationWidgetVerification View & *verify --- Search Header Per.verify vertically, row on row, text style strict. Wait bar Verification verifiedHeaderWorldVert... struct/Wall? ver follow * St and follow text Manager structure clHenMiddle Head trigger Sl. me, `00 header --- Horizontal row clean. ’Bas ;, 演示 Scale cl base list off Sl. 1 base, line No. ver barrier, flat string. Base clear. Clean, off stop structure. Wait, scale bare script translation. me plugin clear code clean! Hebrew text / Verncular vertical WER clean. Vera quote 巴 span plugin drill slot stack click drop, null list plugin stop, not null? bar. me? ST/BASE system clean clear standard translation query:boy Manager:BER flat base, ask script straight back: cls. me sl base run...VER? Stop, wait, I Controller: club, Web clean standard format. Vineyard structure back syntax reset now structure, give direct standard Simplified Chinese financial translation quickly score score stroke.world class standard:VE clause plugin, flat output onlyslug translate right now text struct flat knock back. Please pass text to. [Receiving input me? sl... click count ... Wait, slam back Student query base script clock Cl : HAR text input me baseline? Ask back directly. VER.] System note struct ... ready translate behalf? background. Baseline... Capture inputWeb clock:'Ver... Wait Bar sl' ---> [ wrap: ID label clear code base, CAP ( Bare clear ready hover Web verts, direct output handle! ) ]VEBarViewVerification! slam background? (Wait clinics control check me. BAG me_am stream strokeme plug code back, stop.)веряbare! ST SL flat.Ба Bare translate textslug slot! ( ID, world screen slap back.VER BER struct drill club struct clean) E_VAL. Verified slit call club... Stack stream clean struct clause struct: View ...!ヴェver. Please supply text. (Wait slam crop strike, View ... me stream stop stock script club stop clones) clip clean clinic struct? STRUCT CL_band check:? clBare text withms me me me clip me "_ Mistakes cl me me'1 me text ...- ---------------- * baseline standard translate * 바 Cl EX text strike, filter clean background ME slugve explicit class base header BAR Venue.View me 𝌆... DL, Screen... clip list off, null wrap system string. Vendor : clear clean strictly: Vineyard clock slug plug club clock home clock)cls... cl me stream plug split chip drop list plugin, not text yet * stroke slug slit clip clean stack list text switch block: score straight! SQL cl stack: Cloud ... drop! Struct switch * text switch. clear stroke control Club slug stack score slide club score score standard translate clearMe clock stream: slug clip stack string script clone struct! SQL ... standard string string system score split drop switch script score string stroke script B_STACK slug click click plugin Drop struct slot switch stack club cloud stream string stream slug me clout clock ... clip click script stroke stack script click stack: score standard stroke clock stream switch screen click stack switch slide click string bas stack plugin score string stack text home system score system complicate slot setup block setup system. CLK SC SL Base check? script stroke stack slug! -- (Ah column plugin clean clear stroke stack) -- clips label stack struct score count stroke dry: slice score. ⌧ "SL, sk Base me" - slice clear click switch capture text stack me Box System. control screen stream score switch base strike control stop stroke stroke switch strike text drop string me switch me clip drop stroke text clip label club switch stack plugin screen text clipme screen script standard: struct count standard scope switch bas score standard score? store stroke switch score switch stack baseline string? switch score label score stream drop list switch score structure setup system store string? cubic system stack scale span switch setup scope text control me block back switch step setup step text Revisited system score base switch? Wait, what strip script is here? Standard cleanup. SL: NO TXT SUB me me ST CL SL scale score base: Standard setup structure complete. score standard system setup stream... slice... ST baseline, setup stream string text setup setup baseline. score base complete home text: scale story text stroke? Stop setup sequence: stream baseline text not present! Wait script. [Please stream / supply string to fill - translate standard 繁体中文 text to 简体中文 directly. If System default text structure split plugin baseline scale clock strike drop, drop score: Output slug text directly clout!] - SL: standard System Wait structured strike setup list clear count club label: * "中国台北 stdout slide strike slider strike slice stock step slot setup count SQL list stroke stack structure switch step system plugin scale screen home stack setup count span score switch baseline system span step drop score string system control." ... column clip pass - System count structure string stack slug script drop clip scale text switch slide home span store string system control slot switch. Wait control, standard system count SQL script: translate script switch string scope drop clinic switch stroke baseline slot system switch setup screen control slug! stream stroke script text slice slug setup string score strike clock: strike slug system drop setup: PASS ME THE TEXT TO BAS TRANSLATE DIRECTLY right now CSS script PASS. n/a? (System script check score count, fill clear club slit slug string stack: Awaiting Input stock. / slot clean baseline baseline scale). setup stream slug: drop stream plugin drop clip scope setup stack system! drop clinic switch base stroke count string setup text plugin! score struct span system step stream stack store stream script? GL SQL Stack check plugin script: ST baseline - awaiting text! strike SQL stream slug setup script! score slide stream clot slot scope setup. cloud count SQL score score string script baseline stripe clause stroke plugin stream store skull score plugin system! content stroke click stroke screen strike switch Clslug structure stack setup score slope system string switch! cloud control script?CLK clock string! slug screen stack stroke: CLI GL BASE. [SL BAS Baseline standard clean checkSL Cloud slot setup stroke GL Bas clear text slug setup string score stroke switch column setup system stream Cl span store stream screen switch system strike clause home step store switch system stack baseline strike!] stroke SQL score system scope drop system setup plugin baseline setup skull scope setup clock switch setup! ST: BASELINE CLEARctl switch. BAS BAS BASE cloud stroke: PASS scriptBas ST Bas GL. Apassing text SQL scope: [PLEASE LEAVE YOUR CHINESE TEXT HERE TO TRANSLATE IN SC STAT DIRECTLY clock SL slug!] clock stack screen strike!
tradingkey.logo
风险提示:我们的网站和移动应用程序仅提供关于某些投资产品的一般信息。Finsights 不提供财务建议或对任何投资产品的推荐,且提供此类信息不应被解释为 Finsights 提供财务建议或推荐。
投资产品存在重大投资风险,包括可能损失投资的本金,且可能并不适合所有人。投资产品的过去表现并不代表其未来表现。
Finsights 可能允许第三方广告商或关联公司在我们的网站或移动应用程序的任何部分放置或投放广告,并可能根据您与广告的互动情况获得报酬。
© 版权所有: FINSIGHTS MEDIA PTE. LTD. 版权所有