每周投资策略-20260330

Group 1: Hong Kong Market Focus - The report highlights the potential impact of escalating Middle Eastern tensions on the Hong Kong market, particularly in relation to the upcoming political bureau meeting and its policy responses [9][11]. - The high oil prices above $80 per barrel are expected to exert pressure on the MSCI China index, affecting companies like COSCO Shipping Energy and Lao Poo Gold [16][24]. - The Global X Hang Seng High Dividend ETF is noted for its diversified approach, tracking a high dividend yield index composed of large and mid-cap stocks from the Hang Seng Index [25]. Group 2: Thailand Market Focus - Thailand is experiencing deepening deflationary pressures, with the Consumer Price Index (CPI) showing a year-on-year decline of 0.22 percentage points to -0.88% in February 2026, which is lower than market expectations [32][30]. - The Board of Investment (BOI) aims to further enhance foreign direct investment (FDI) in 2026, with a focus on becoming a digital platform hub and a high-end technology center [39][28]. - Companies like Advanced Info Service (ADVANC) and CP ALL are highlighted for their resilience in the current economic climate, with ADVANC benefiting from digital trends and CP ALL expected to gain from consumer "downgrade" behavior [42][41]. Group 3: Indonesia Market Focus - The report indicates ongoing uncertainties surrounding the Indonesian economy, particularly in light of recent downgrades and the need for attention on the iShares MSCI Indonesia ETF [48][50]. - Indonesia's fiscal deficit is projected to exceed the 3% GDP limit this year, raising concerns about economic stability [51].