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港股衍生品一周市场观察2026.6.8

香港智远权证网2026年6月8日 00:00
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1、一周市场概况

港股方面​,6月首周恒指冲高回落,周累计微跌0.88%,收报24961.95点。全周呈"先扬后抑"格局:周初在英伟达GTC台北AI主题演讲催化下,腾讯控股、美团-W分别大涨10.46%和9.27%,带动恒指周二单日飙升2.52%;但周三起获利盘涌出,AI概念股大幅回撤,MINIMAX-W周跌34.17%,智谱、天数智芯跌幅均超18%。蓝筹股中,中国重汽以11.59%领涨,美团-W、腾讯控股涨幅超6%。南向资金全周维持净流入,6月3日单日净买入高达161.60亿港元,显示内地资金在回调中积极布局。整体来看,港股在AI行情亢奋后进入消化整理阶段,资金在科技成长与高股息防御资产间快速轮动。

外围市场方面,美股三大指数全周收跌,道指周跌0.32%,标普500跌2.59%,纳指重挫4.68%。6月5日美国5月非农就业新增17.2万人远超预期,强化加息预期,纳指当日暴跌4.18%,10年期美债收益率跳升至4.55%,美元指数重回100上方。此外,美贸易代表办公室拟对54个经济体加征12.5%关税,地缘贸易摩擦升温进一步压制市场情绪。

A股三大股指集体收跌,上证指数周跌1.00%报4027.74点,深证成指跌1.67%,创业板指跌1.98%。行业分化极端,煤炭板块以6.36%领涨,通信、机械设备涨幅超2%;电力设备板块以5.14%垫底,食品饮料、医药生物跌幅均超4.5%。消息面上,5月A股新开户276.53万户,同比增长77.76%,市场参与热情仍高。整体呈现"高低切换、结构再平衡"格局,资金从高估值成长股向低估值价值股迁移趋势明显。

2、恒指牛熊证资金流

过去5日,恒指牛证合计约323万港元资金净流入;恒指熊证则合计约7862万港元资金净流入。街货分布方面,恒指牛证街货占比约60.1%,分布在收回价24000点至24500点之间,累计相当约3218张期指合约;恒指熊证街货在收回价25300点至26200点之间,累计相当约2065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,中芯国际好仓录得约2344万港元资金净流入,为最大资金流入标的,友邦保险、华虹宏力和建滔积层板相关好仓也分别录得约1244万、1227万以及1097万港元资金净流入部署;腾讯、长飞光纤和联想集团等相关好仓则分别录得约1769万、1666万及1260万港元资金净流出套现。

 

淡仓(认沽证及熊证)方面,近5日合计,腾讯、联想集团及京东等相关淡仓分别约2511万、544万及192万港元资金净流入部署;中芯国际、快手和小米集团等相关淡仓则分别约530万、417万以及338万港元资金净流出。

 

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。

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