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	<title><![CDATA[楓葉資料室]]></title>
	<description><![CDATA[楓葉圓的投資相關資訊，有用投資情報，如行業分析、個股評論、宏觀趨勢。另加投資心態分享。]]></description>
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<item>
<title><![CDATA[投資內銀還太早]]></title>

	<description><![CDATA[<p><span style="font-size: 10pt; font-family: 新細明體">前文提到內銀的隱藏風險一簍簍，淨息差見頂、利潤增速下滑、行業不良貸款處於周期底部、不良貸款撥備覆蓋率上升、還有壞賬風險甚高的地方融資平台等負面因素，實在看得我們投資胃口全無。偏偏身邊的師奶股友與電台聽眾卻對內銀股情有獨鍾，以為內銀股的超值是市場錯價，抵買因風險已經<span>price-in</span>；類似情況不難令我們聯想到金融海嘯發生前的「超值」匯豐控股（<span>005</span>），事後看自然是一大「價值陷阱」。</span></p><p><a href="http://danielkyip.mysinablog.com/index.php?op=ViewArticle&amp;articleId=3563821" target="_blank">(閱讀全文)</a></p>]]></description>

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<dc:creator><![CDATA[danielkyip]]></dc:creator>

			<category><![CDATA[股海浮沉]]></category>
	
<pubDate>Thu, 17 May 2012 22:18:31 +0800</pubDate>

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<item>
<title><![CDATA[內銀表面美麗內藏刺]]></title>

	<description><![CDATA[<p class="MsoNormal"><span style="font-size: 10pt; font-family: 新細明體">近期企業公布的</span><span style="font-size: 10pt; font-family: 新細明體">2011</span><span style="font-size: 10pt; font-family: 新細明體">年度成績表大多令人失望，惟內銀可算是少數較突出的行業。內銀業盈利普遍增長逾兩成，淨息差擴闊，不良貸款率下跌。當中，內地四大銀行，工行（</span><span style="font-size: 10pt; font-family: 新細明體">1398</span><span style="font-size: 10pt; font-family: 新細明體">）、農行（</span><span style="font-size: 10pt; font-family: 新細明體">1288</span><span style="font-size: 10pt; font-family: 新細明體">）、中行（</span><span style="font-size: 10pt; font-family: 新細明體">3988</span><span style="font-size: 10pt; font-family: 新細明體">）及建行（</span><span style="font-size: 10pt; font-family: 新細明體">939</span><span style="font-size: 10pt; font-family: 新細明體">）去年分別賺了</span><span style="font-size: 10pt; font-family: 新細明體">2082.65</span><span style="font-size: 10pt; font-family: 新細明體">億元（人民幣．下同）、</span><span style="font-size: 10pt; font-family: 新細明體">1219.3</span><span style="font-size: 10pt; font-family: 新細明體">億元、</span><span style="font-size: 10pt; font-family: 新細明體">1241.8</span><span style="font-size: 10pt; font-family: 新細明體">億元及</span><span style="font-size: 10pt; font-family: 新細明體">1692.58</span><span style="font-size: 10pt; font-family: 新細明體">億元，增長幅度分別為</span><span style="font-size: 10pt; font-family: 新細明體">26.1%</span><span style="font-size: 10pt; font-family: 新細明體">、</span><span style="font-size: 10pt; font-family: 新細明體">28.5%</span><span style="font-size: 10pt; font-family: 新細明體">、</span><span style="font-size: 10pt; font-family: 新細明體">18.9%</span><span style="font-size: 10pt; font-family: 新細明體">及</span><span style="font-size: 10pt; font-family: 新細明體">25.5%</span><span style="font-size: 10pt; font-family: 新細明體">。除了利潤大增，另一個頗為出色的環節是不良貸款率普遍下跌；其中跌幅最大是農行，由</span><span style="font-size: 10pt; font-family: 新細明體">2.03%</span><span style="font-size: 10pt; font-family: 新細明體">跌至</span><span style="font-size: 10pt; font-family: 新細明體">1.55%</span><span style="font-size: 10pt; font-family: 新細明體">；而建行減得最少，不良貸款率降至</span><span style="font-size: 10pt; font-family: 新細明體">1.09%</span><span style="font-size: 10pt; font-family: 新細明體">，只比</span><span style="font-size: 10pt; font-family: 新細明體">2010</span><span style="font-size: 10pt; font-family: 新細明體">年降了</span><span style="font-size: 10pt; font-family: 新細明體">0.05</span><span style="font-size: 10pt; font-family: 新細明體">個百分點。</span></p><p><a href="http://danielkyip.mysinablog.com/index.php?op=ViewArticle&amp;articleId=3562325" target="_blank">(閱讀全文)</a></p>]]></description>

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<dc:creator><![CDATA[danielkyip]]></dc:creator>

			<category><![CDATA[行業追蹤]]></category>
	
<pubDate>Wed, 16 May 2012 22:18:19 +0800</pubDate>

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<title><![CDATA[酒店市旺需求大]]></title>

	<description><![CDATA[<p class="MsoNormal"><span style="font-size: 10pt; font-family: 新細明體">受惠於內地及亞洲其餘地區經濟持續增長，<span> 2011</span>年訪港旅客人數創歷史新高，突破<span>4100</span>萬人次；特別是內地旅客，去年每<span>100</span>個到港旅客中，就有<span>67</span>位來自內地。旅客消費較<span>2010</span>年增加逾<span>20%</span>，估計達港幣<span>2530</span>億元，推動本港酒店、餐飲等消費行業有蓬勃之發展。<span><o></o></span></span></p><p>

<span style="font-size: 10pt; font-family: 新細明體">事實上，旅遊業的蓬勃發展，帶動<span>2011</span>年酒店平均入住率高達<span>88%</span>，平均房價<span>1343</span>元，更造就香港酒店有價有市。旅客需求最大的是三、四星級酒店，這點可從酒店的業績報告了解到香港酒店入住率的情況。例如信和酒店集團旗下的三間酒店，包括城市花園酒店、皇家太平洋酒店和港麗酒店，其業績比上年度增長不少；以上三家酒店的入住率分別為<span>95.8%</span>、<span>91.5%</span>及<span>79.1%</span>，四星級酒店入住率超過九成，明顯跑嬴大市，而五星級酒店則不到八成入住率，跑輸大市差不多<span>10</span>個百分點。</span></p><p><a href="http://danielkyip.mysinablog.com/index.php?op=ViewArticle&amp;articleId=3560523" target="_blank">(閱讀全文)</a></p>]]></description>

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<dc:creator><![CDATA[danielkyip]]></dc:creator>

			<category><![CDATA[行業追蹤]]></category>
	
<pubDate>Tue, 15 May 2012 22:18:20 +0800</pubDate>

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<title><![CDATA[日企盈利重生了]]></title>

	<description><![CDATA[<p><span style="font-size: 10pt; font-family: 新細明體">截至今年<span>3</span>月<span>31</span>日的第一季度，日本股市自龍年迄今跑贏亞州各國。</span><span style="font-size: 10pt; font-family: 新細明體">日經平均指數由年初的</span><span style="font-size: 10pt; font-family: 新細明體">8455.35</span><span style="font-size: 10pt; font-family: 新細明體">點升至</span><span style="font-size: 10pt; font-family: 新細明體">10083.6</span><span style="font-size: 10pt; font-family: 新細明體">點，升幅</span><span style="font-size: 10pt; font-family: 新細明體">19.26</span><span style="font-size: 10pt; font-family: 新細明體">％，為亞洲之冠。日經新聞報導，隨著去年日本東北</span><span style="font-size: 10pt; font-family: 新細明體">311</span><span style="font-size: 10pt; font-family: 新細明體">震災和泰國水災的衝擊逐漸消退，加上日本上市公司近年厲行削減成本的努力發揮作用，促使企業盈利正呈</span><span style="font-size: 10pt; font-family: 新細明體">V</span><span style="font-size: 10pt; font-family: 新細明體">型反彈，快速回升。</span></p><p><a href="http://danielkyip.mysinablog.com/index.php?op=ViewArticle&amp;articleId=3558752" target="_blank">(閱讀全文)</a></p>]]></description>

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<dc:creator><![CDATA[danielkyip]]></dc:creator>

			<category><![CDATA[趨勢說]]></category>
	
<pubDate>Mon, 14 May 2012 22:08:42 +0800</pubDate>

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<title><![CDATA[財經鉅人匯2012重點]]></title>

	<description><![CDATA[<p class="MsoNormal"><span style="font-size: 10pt; font-family: 新細明體">無可否認</span><span style="font-size: 10pt; font-family: 新細明體">Quamnet </span><span style="font-size: 10pt; font-family: 新細明體">華富的財經鉅人匯是一個硬銷產品的講座，作為</span><span style="font-size: 10pt; font-family: 新細明體">Quam</span><span style="font-size: 10pt; font-family: 新細明體">的服務訂閱者，我一直未曾參加，多少也基於這點。今年我忽然心血來潮，在沒有林少陽參與的前題下，仍付出我的第一次。今年的「財經鉅人匯．投資焦點</span><span style="font-size: 10pt; font-family: 新細明體">2012</span><span style="font-size: 10pt; font-family: 新細明體">」於</span><span style="font-size: 10pt; font-family: 新細明體">5</span><span style="font-size: 10pt; font-family: 新細明體">月</span><span style="font-size: 10pt; font-family: 新細明體">12</span><span style="font-size: 10pt; font-family: 新細明體">日舉行，一個容得下千名聽眾的會場也幾乎坐滿了八成半人；但見聽眾中七、八成是年齡較大的人，年青人只是少數，未知原因是近年年輕人投資意慾下降，還是近年華富的服務已不能吸引年輕聽眾群？</span><span style="font-size: 10pt; font-family: 新細明體"><o></o></span></p>

<p class="MsoNormal"><span style="font-size: 10pt; font-family: 新細明體">今年的講座主題是「焦點」，因為今年指數雖然窄範圍波幅上落，但選股的成敗隨時是賺／蝕</span><span style="font-size: 10pt; font-family: 新細明體">20%</span><span style="font-size: 10pt; font-family: 新細明體">至</span><span style="font-size: 10pt; font-family: 新細明體">30%</span><span style="font-size: 10pt; font-family: 新細明體">，這令「選股」成為焦點。由於長達</span><span style="font-size: 10pt; font-family: 新細明體">4.5</span><span style="font-size: 10pt; font-family: 新細明體">小時（加超時</span><span style="font-size: 10pt; font-family: 新細明體">20</span><span style="font-size: 10pt; font-family: 新細明體">分鐘）的講座不時有硬銷時間與冷場，因此，本文章只記錄重點。</span></p><p><a href="http://danielkyip.mysinablog.com/index.php?op=ViewArticle&amp;articleId=3557456" target="_blank">(閱讀全文)</a></p>]]></description>

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<dc:creator><![CDATA[danielkyip]]></dc:creator>

			<category><![CDATA[股海浮沉]]></category>
	
<pubDate>Sun, 13 May 2012 22:08:36 +0800</pubDate>

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<title><![CDATA[一周要聞(4月30日至5月4日)]]></title>

	<description><![CDATA[<p class="MsoNormal"><strong><span style="font-size: 10pt; font-family: 新細明體; color: #ff6600">廉價致富</span></strong><strong><span style="font-size: 10pt; font-family: 新細明體; color: #ff6600"><o></o></span></strong></p>

<p class="MsoNormal"><span style="font-size: 10pt; font-family: 新細明體">即使全球經濟不景氣，英國有一個族群卻愈來愈富有，根據《星期日泰晤士報》富豪榜的統計，英國最有錢的</span><span style="font-size: 10pt; font-family: 新細明體">1,000</span><span style="font-size: 10pt; font-family: 新細明體">名富豪中有</span><span style="font-size: 10pt; font-family: 新細明體">8</span><span style="font-size: 10pt; font-family: 新細明體">名在開設廉價商品店。折價商品店多數為私人擁有，且最近幾年的生意特別好，因為它滿足經濟不景氣時人們想要省錢的需求。數據顯示，過去</span><span style="font-size: 10pt; font-family: 新細明體">1</span><span style="font-size: 10pt; font-family: 新細明體">年來，英國的廉價商品店增加了</span><span style="font-size: 10pt; font-family: 新細明體">14.2%</span><span style="font-size: 10pt; font-family: 新細明體">。</span><span style="font-size: 10pt; font-family: 新細明體"><o></o></span></p><p>

<span style="font-size: 10pt; font-family: 新細明體">銷售廉價窗簾、毛巾及家庭用品的</span><span style="font-size: 10pt; font-family: 新細明體">Dunelm Stores</span><span style="font-size: 10pt; font-family: 新細明體">就是一個例子，公司創辦人的兒子、現任副主席，</span><span style="font-size: 10pt; font-family: 新細明體">Will
Adderley</span><span style="font-size: 10pt; font-family: 新細明體">，資產由去年的</span><span style="font-size: 10pt; font-family: 新細明體">6.75</span><span style="font-size: 10pt; font-family: 新細明體">億英鎊，上升到今年的</span><span style="font-size: 10pt; font-family: 新細明體">7.1</span><span style="font-size: 10pt; font-family: 新細明體">億英鎊。平價百貨零售店</span><span style="font-size: 10pt; font-family: 新細明體">Home Bargains</span><span style="font-size: 10pt; font-family: 新細明體">擁有人</span><span style="font-size: 10pt; font-family: 新細明體">Tom Morris</span><span style="font-size: 10pt; font-family: 新細明體">，資產由去年的</span><span style="font-size: 10pt; font-family: 新細明體">1.6</span><span style="font-size: 10pt; font-family: 新細明體">億英鎊上升到</span><span style="font-size: 10pt; font-family: 新細明體">1.62</span><span style="font-size: 10pt; font-family: 新細明體">億英鎊。</span></p><p><a href="http://danielkyip.mysinablog.com/index.php?op=ViewArticle&amp;articleId=3556851" target="_blank">(閱讀全文)</a></p>]]></description>

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<dc:creator><![CDATA[danielkyip]]></dc:creator>

			<category><![CDATA[週末盤點]]></category>
	
<pubDate>Sat, 12 May 2012 22:18:57 +0800</pubDate>

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<title><![CDATA[中國經濟十大趨勢]]></title>

	<description><![CDATA[<p><span style="font-size: 10pt; font-family: 新細明體">2012</span><span style="font-size: 10pt; font-family: 新細明體">年可能是中國經濟面對最多不確定性及困難的一年。儘管困難，但投資者是否仍然能在這樣的大環境中找到投資回報呢？今天，我們引用麥肯錫亞太區董事長歐高敦的文章，看看其對「中國經濟今年十大趨勢」的可能性推測。『雖然內地食品價格通脹高企、以及房地產市場停滯不前，但中國經濟在今年應該仍可以保持快速增長。筆者希望在此分享麥肯錫對於內地市場的十大發展預測，為讀者撥雲見日。</span></p><p><a href="http://danielkyip.mysinablog.com/index.php?op=ViewArticle&amp;articleId=3555781" target="_blank">(閱讀全文)</a></p>]]></description>

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<dc:creator><![CDATA[danielkyip]]></dc:creator>

			<category><![CDATA[趨勢說]]></category>
	
<pubDate>Fri, 11 May 2012 23:18:06 +0800</pubDate>

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<title><![CDATA[流動數據需求爆炸的失落者]]></title>

	<description><![CDATA[<p class="MsoNormal"><span style="font-size: 10pt; font-family: 新細明體">前文提到蘋果公司的「新</span><span style="font-size: 10pt; font-family: 新細明體">iPad</span><span style="font-size: 10pt; font-family: 新細明體">」可能是推動消費者升級至</span><span style="font-size: 10pt; font-family: 新細明體">4G</span><span style="font-size: 10pt; font-family: 新細明體">的契機，不過，事實是，電訊網絡營運商同樣面對升級至</span><span style="font-size: 10pt; font-family: 新細明體">4G</span><span style="font-size: 10pt; font-family: 新細明體">的壓力。自</span><span style="font-size: 10pt; font-family: 新細明體">2011</span><span style="font-size: 10pt; font-family: 新細明體">年年底電訊管理局宣布推出「公平使用政策」，市場已預期網絡供應商遲早會取消流動數據無限上網計劃，問題是誰會有勇氣（壓力）先行踏出這一步，結果數碼通（</span><span style="font-size: 10pt; font-family: 新細明體">315</span><span style="font-size: 10pt; font-family: 新細明體">）成為了「試圖」取消無限上網計劃的先行者。</span><span style="font-size: 10pt; font-family: 新細明體"><o></o></span></p><p>

<span style="font-size: 10pt; font-family: 新細明體">2</span><span style="font-size: 10pt; font-family: 新細明體">月</span><span style="font-size: 10pt; font-family: 新細明體">2</span><span style="font-size: 10pt; font-family: 新細明體">日，數碼通公布把原來月費</span><span style="font-size: 10pt; font-family: 新細明體">398</span><span style="font-size: 10pt; font-family: 新細明體">元無限數據使用計劃，改為</span><span style="font-size: 10pt; font-family: 新細明體">2GB</span><span style="font-size: 10pt; font-family: 新細明體">用量。不過，</span><span style="font-size: 10pt; font-family: 新細明體">CSL</span><span style="font-size: 10pt; font-family: 新細明體">及和電香港沒有跟隨，繼續推無限數據用量，數碼通於是在同月</span><span style="font-size: 10pt; font-family: 新細明體">16</span><span style="font-size: 10pt; font-family: 新細明體">日晚急忙恢復「無限使用」計劃，只表示會於用量超過</span><span style="font-size: 10pt; font-family: 新細明體">5GB</span><span style="font-size: 10pt; font-family: 新細明體">後，可能減慢用戶數據傳送速度。有分析員認為，數碼通在事件上「出爾反爾」，已或多或少經影響其商譽。</span></p><p><a href="http://danielkyip.mysinablog.com/index.php?op=ViewArticle&amp;articleId=3554030" target="_blank">(閱讀全文)</a></p>]]></description>

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<dc:creator><![CDATA[danielkyip]]></dc:creator>

			<category><![CDATA[股票縱橫]]></category>
	
<pubDate>Thu, 10 May 2012 20:08:17 +0800</pubDate>

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<title><![CDATA[新iPad引領4G發展]]></title>

	<description><![CDATA[<p class="MsoNormal"><span style="font-size: 10pt; font-family: 新細明體">蘋果公司推出「新<span>iPad</span>」，用家普遍認為新鮮感有限，吸引力不足。其實，新上市的<span>iPad</span>帶來最大的衝擊是<span>2048</span>乘<span>1536</span>的高解析度；問題是，對<span>iPad2</span>的使用者而言，很少有人會抱怨解析度的問題。那麼，到底蘋果公司在「新<span>iPad</span>」的定位上意欲何為？對電訊網絡的未來發展又有何影響？今天，我們來看看香港中文大學決策科學與企業經濟學系教授杜志挺在上述問題上的分析文章，希望從中找到答案。<span><o></o></span></span></p><p>

<span style="font-size: 10pt; font-family: 新細明體">『<span>……iPad</span>的面板不大，是<span>A5</span>紙張的大小。為什麼要這麼大呢？因為一般的書就這麼大。<span>iPad</span>的推出宣告了電子書時代的來臨。至於<span>iPad</span>上的電玩，雖然可能是多數香港人的主要用途，但他是配角。真正帶來影響的是電子書，許多人拿<span>iPad</span>來看電影。</span></p><p><a href="http://danielkyip.mysinablog.com/index.php?op=ViewArticle&amp;articleId=3553115" target="_blank">(閱讀全文)</a></p>]]></description>

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<dc:creator><![CDATA[danielkyip]]></dc:creator>

			<category><![CDATA[趨勢說]]></category>
	
<pubDate>Wed, 09 May 2012 23:18:16 +0800</pubDate>

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<title><![CDATA[西班牙響危機警號]]></title>

	<description><![CDATA[<p class="MsoNormal"><span style="font-family: 新細明體; font-size: 10pt">在剛把希臘債務違約「炸彈」拆除，市場憧憬歐債危機紓緩之際，花旗又敲響危機警號，表示今年西班牙有可能要向國際求救，因一方面該國政府、銀行及私人的債務問題仍未解決，另一方面又面臨債務重組的風險大幅增加。意大利總理蒙蒂早前亦不客氣發出警告，指西班牙有引爆歐羅區債務危機再來之虞，形勢發展確實值得關注。如今，歐債危機的「風眼」似又落在西班牙身上。</span></p><p class="MsoNormal"><span style="font-family: 新細明體; font-size: 10pt"></span><span style="font-size: 10pt; font-family: 新細明體">3</span><span style="font-size: 10pt; font-family: 新細明體">月28日，曾任英倫銀行貨幣政策委員會委員的花旗集團首席經濟師比特（William
Buiter）在研究評論中表示，西班牙今年看來可能會接受某類形式的援助計劃，作為歐洲央行進一步支持該國主權債券及銀行的條件。</span></p><span style="font-size: 10pt; font-family: 新細明體"></span><p><a href="http://danielkyip.mysinablog.com/index.php?op=ViewArticle&amp;articleId=3551423" target="_blank">(閱讀全文)</a></p>]]></description>

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<dc:creator><![CDATA[danielkyip]]></dc:creator>

			<category><![CDATA[趨勢說]]></category>
	
<pubDate>Tue, 08 May 2012 22:18:21 +0800</pubDate>

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<title><![CDATA[少陽談找出突圍優質股]]></title>

	<description><![CDATA[<p class="MsoNormal"><span style="font-size: 10pt; font-family: 新細明體">內地經濟放緩既成事實，股市反映此事實的程度，反而是投資者目前關注的重點。</span><span style="font-size: 10pt; font-family: 新細明體">其中，經濟何時見底，或企業盈利何時回升，似乎已成為下一個關注點。今天，我們看看林少陽對近期經濟數據的評論，及對強勢股份的大體分析，相信對大家在選股上提供幫助。</span><span style="font-size: 10pt; font-family: 新細明體"><o></o></span></p><p>

<span style="font-size: 10pt; font-family: 新細明體">『中國財政部及國家統計局，日前披露國企及主要工業企業一及二月份盈利，分別按年下跌</span><span style="font-size: 10pt; font-family: 新細明體">10.9%</span><span style="font-size: 10pt; font-family: 新細明體">及</span><span style="font-size: 10pt; font-family: 新細明體">5.2%</span><span style="font-size: 10pt; font-family: 新細明體">；相對去年同期數字分別上升</span><span style="font-size: 10pt; font-family: 新細明體">12.8%</span><span style="font-size: 10pt; font-family: 新細明體">及</span><span style="font-size: 10pt; font-family: 新細明體">25.3%</span><span style="font-size: 10pt; font-family: 新細明體">，急速回落。雖然上述數字可能受季節性影響，加上通脹亦已由高位回落，有分析家相信，企業的毛利下調周期，或有望於今年第二季開始見底回升。然而，上述樂觀言論背後，潛台詞是即使是較為樂觀的投資者，亦認為即將公布的第一季度業績，將難以令人樂觀。</span></p><p><a href="http://danielkyip.mysinablog.com/index.php?op=ViewArticle&amp;articleId=3549624" target="_blank">(閱讀全文)</a></p>]]></description>

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<dc:creator><![CDATA[danielkyip]]></dc:creator>

			<category><![CDATA[股海浮沉]]></category>
	
<pubDate>Sun, 06 May 2012 20:28:57 +0800</pubDate>

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<title><![CDATA[一周要聞(4月23日至27日)]]></title>

	<description><![CDATA[<p class="MsoNormal"><strong><span style="font-size: 10pt; font-family: 新細明體; color: #ff6600">糧價回漲<span><o></o></span></span></strong></p>

<p class="MsoNormal"><span style="font-size: 10pt; font-family: 新細明體">世界銀行（<span>WorldBank</span>）在最新的「糧食價格觀察」（<span>Food
Price Watch</span>）表示，由於石油價格上揚、亞洲大量進口以及歐洲、南美洲與美國部分地區天候惡劣，食物價格在首季再度上漲<span>8%</span>，讓數以百萬計人面臨糧食不足的風險。<span><o></o></span></span></p><p>

<span style="font-size: 10pt; font-family: 新細明體">世銀表示，全球食物價格指數（</span><span style="font-size: 10pt; font-family: 新細明體">Global Food Price Index</span><span style="font-size: 10pt; font-family: 新細明體">）「僅比一年前低</span><span style="font-size: 10pt; font-family: 新細明體">1%</span><span style="font-size: 10pt; font-family: 新細明體">，比</span><span style="font-size: 10pt; font-family: 新細明體">2011</span><span style="font-size: 10pt; font-family: 新細明體">年</span><span style="font-size: 10pt; font-family: 新細明體">2</span><span style="font-size: 10pt; font-family: 新細明體">月的歷史高點低</span><span style="font-size: 10pt; font-family: 新細明體">6%</span><span style="font-size: 10pt; font-family: 新細明體">」。世銀副總裁、扶貧及經濟管理計畫主任卡努托（</span><span style="font-size: 10pt; font-family: 新細明體">Otaviano Canuto</span><span style="font-size: 10pt; font-family: 新細明體">）說：「糧價連續下跌</span><span style="font-size: 10pt; font-family: 新細明體">4</span><span style="font-size: 10pt; font-family: 新細明體">個月後再度攀升，威脅到數以百萬計人的食物安全。」</span></p><p><a href="http://danielkyip.mysinablog.com/index.php?op=ViewArticle&amp;articleId=3549177" target="_blank">(閱讀全文)</a></p>]]></description>

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<dc:creator><![CDATA[danielkyip]]></dc:creator>

			<category><![CDATA[週末盤點]]></category>
	
<pubDate>Sat, 05 May 2012 22:08:36 +0800</pubDate>

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<title><![CDATA[經濟差股市添壓]]></title>

	<description><![CDATA[<p><span style="font-size: 10pt; font-family: 新細明體">內地經濟放緩跡象愈來愈明顯，中國政府已把經濟增長目標調低至<span>7.5</span>％，且更多資訊顯示首季經濟的下滑已成定局。外管局<span>3</span>月底公布的統計數字顯示，<span>2</span>月銀行代客結滙<span>1140</span>億元（美元．下同），售滙<span>1096</span>億元，結售滙順差<span>44</span>億元，這與<span>1</span>月的<span>194</span>億元的結售滙順差出現大幅度回落<span>150</span>億元。這與<span>2</span>月外滙佔款順差減少的趨勢一致。反映市場對人民幣升值預期減弱，以及經濟增速放緩下結滙意願下降。</span></p><p><a href="http://danielkyip.mysinablog.com/index.php?op=ViewArticle&amp;articleId=3548434" target="_blank">(閱讀全文)</a></p>]]></description>

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<dc:creator><![CDATA[danielkyip]]></dc:creator>

			<category><![CDATA[趨勢說]]></category>
	
<pubDate>Fri, 04 May 2012 22:28:35 +0800</pubDate>

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<title><![CDATA[少陽談市場看好防守股]]></title>

	<description><![CDATA[<p class="MsoNormal"><span style="font-size: 10pt; font-family: 新細明體">標普<span>500</span>指數在<span>3</span>月下旬突破<span>1400</span>點後，市場看法隨後出現分歧局面，好友一邊繼續唱好，因為經濟及就業有好轉迹象；淡友一邊卻有極多理由看淡，技術走勢有調整壓力，企業盈利令人失望，垃圾股股價升勢無以為繼。<span><o></o></span></span></p><p>

<span style="font-size: 10pt; font-family: 新細明體">投資銀行摩根士丹利引史為鑑，指出<span>2006</span>年底標普<span>500</span>指數升穿<span>1400</span>點後，<span>2007</span>年步入尋頂期，最終步入另一個熊市，如果歷史重複的話，也意味美股再升的動力不大。然而，股市是否簡單重複過住歷史步伐，現階段沒有人有答案。</span></p><p><a href="http://danielkyip.mysinablog.com/index.php?op=ViewArticle&amp;articleId=3546933" target="_blank">(閱讀全文)</a></p>]]></description>

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<dc:creator><![CDATA[danielkyip]]></dc:creator>

			<category><![CDATA[股海浮沉]]></category>
	
<pubDate>Thu, 03 May 2012 21:38:32 +0800</pubDate>

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<title><![CDATA[黃金交叉分真偽]]></title>

	<description><![CDATA[<p class="MsoNormal"><span style="font-size: 10pt; font-family: 新細明體">恒生指數在</span><span style="font-size: 10pt; font-family: 新細明體">3</span><span style="font-size: 10pt; font-family: 新細明體">月</span><span style="font-size: 10pt; font-family: 新細明體">22</span><span style="font-size: 10pt; font-family: 新細明體">日出現「黃金交叉」，當日收報</span><span style="font-size: 10pt; font-family: 新細明體">20901.56</span><span style="font-size: 10pt; font-family: 新細明體">點；一如「死亡交叉」，市場亦關注其指標性。信報研究部以此為題，參考歷年</span><span style="font-size: 10pt; font-family: 新細明體">22</span><span style="font-size: 10pt; font-family: 新細明體">次的「黃金交叉」訊號，歸納出何謂成功、何謂失敗的「黃金交叉」？當中重點，主要在於上升力度與時間上的配合；且看這些訊號能否助我們分清這次的「黃金交叉」是否值得期待？</span><span style="font-size: 10pt; font-family: 新細明體"><o></o></span></p><p>

<span style="font-size: 10pt; font-family: 新細明體">『雖然近日恒生指數走勢偏軟，<span>21000</span>點也再度失守，惟<span>50</span>天移動平均線持續上升。按目前的移動途徑，日內<span>50</span>天線將會升越<span>250</span>天線，並形成技術走勢的「黃金交叉」訊號【圖<span>1</span>】。這是否意味恒指（港股）後市能繼續看好呢？今期研究部搜羅了歷年<span>22</span>次的「黃金交叉」訊號，再配合其他指標，看如何分辨從中的真偽，進而探討目前「黃金交叉」訊號的啟示。</span></p><p><a href="http://danielkyip.mysinablog.com/index.php?op=ViewArticle&amp;articleId=3545016" target="_blank">(閱讀全文)</a></p>]]></description>

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			<category><![CDATA[股海浮沉]]></category>
	
<pubDate>Wed, 02 May 2012 23:08:38 +0800</pubDate>

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