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随着国内优质企业纷纷赴香港上市融 资,香港资本市场某种程度上已经 成为内地资本的“风向标”。海外投资机构 所选择的热点行业和企业,往往也会对内 地机构投资者产生影响。 日前,在香港发行H股的中兴通讯 (0763.HK)连续人选摩根斯坦利国际标准 指数MSCI和香港恒指的中国企业指数。 大摩指数和香港恒生指数是公认的国际资 本市场重要指数,其成份股调整往往引发 投资机构对投资组合调整的联动效应,因 而入选其成份股有着较高的门槛。
As domestic high-quality enterprises have gone to Hong Kong for listing and financing, Hong Kong’s capital market has become a “benchmark” for mainland capital to some extent. The hot sectors and companies selected by overseas investment institutions often have an impact on institutional investors in the Mainland. Recently, ZTE (0763.HK), a H-share issuer in Hong Kong, has been selected by MSCI and Hong Kong Hang Seng China Enterprise Index. The Morgan Stanley Index and the Hong Kong Hang Seng Index are recognized as important indexes in the international capital markets. The adjustment of their constituent stocks often triggers the linkage effect of investment institutions on the adjustment of investment portfolios. Therefore, the selection of constituents has a relatively high threshold.