股票組合架構 Stock Portfolio & Means of combination

Combination of Stock Portfolio 股票組合架構 (June 01 - Dec 31, 2011)

Date of Issue: June 23, 2011


a. Strategic Planning 投資策略

Numbers of Selected Stock 持有股票數目: 16 -20
Numbers of Business Sector Covered 持有行業板塊: 8 -10 Sectors
Invested Capital 投資金額: HK$ 1,000,000 (90-95% stock, 5-10% reserved cash)
Targeted Average Annual Return 目標平均年回報率: 15%  
Cut Loss Range 止蝕幅度: 8 -10%


b. Selected Business Sector 持有行業板塊

1. Construction & Raw Materials 基建及建築材料股: 2-4 stocks
2. Bank Sector (china & global) 銀行股 (中資 & 國際): 2-4 stocks
3. Resources - Oil & Minerals 天然資源股 (能源礦石): 3-6 stocks
4. Food & Beverage 食品股: 2-4 stocks
5. Retail & Trading 零售及貿易股 (中國內銷): 3-6 stocks
6. Properties & Leasing 地產租務股: 4 stocks
7. Macau Gambling 濠賭股: 2 stocks
8. Insurance 保險股: 3 stocks
9. I.T., Biochemical & Electronics 科技, 生化及電子股: 2-4 stocks
10. Public Sector 公用事業股: 3-5 stocks

c. Tactics & Timeframe 持有技巧及時限

1. 長倉 + 價值投資法 (年期 1 至 3年) / 比重: 25%
2. 中期 + 趨勢投資法 (年期 6 個月至 1 年) / 比重: 40%
3. 中短 + 波幅炒賣法 (3 至 6 個月) / 比重: 25%
4. 短倉 + 價位移動     (即日至 3 個月) / 比重: 10%

d. Evaluation & Analysis Reference 評估及參考因素

1. Macro-Economy
- Global / U.S & China / Europe / Asia Pacific / Regional
- Currency Policy & Exchange rate: USD, RMB, Euro
- Fed Rates
- Bonds & Debenture
- Equity value & Flow of cash
- Commodites:
Gold, Crude Oil, Cotton, Food (sugar, corns), Raw Materials (Metals, Minerials)

2. Micro-Economy
- Countries, Individual business sector & Industry, Individual Markets
- Bank rates 
- Employment rates, Rents & Wages Index
- Ref. Index: CPI, PMI, MSI

e. Revision & Adjustment 定期評估及組合調整
3 個月 / 6 個月 / 12 個月

*all above proportion will adjust, depends on markets' status
*上述各項將因應市況定期調整比重