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，展现出了良好的市场活力。而从外部环境来看，美国 CPI 较上半年有所回落，并且美国就业等数据也较弱，且关税政策对美国通胀所产生的影响相对有限；美联储在9月降息后，可能在四季度继续调低基准利率，这也为全球市场的稳定提供了一定的支撑。  在本基金的行业配置上，2025年3季度重点聚焦于数字经济、硬科技、有色、医药以及消费等板块。具体而言，数字经济板块具备较大的未来增长空间，且AI运用正逐步兴起；硬科技板块也同样受益于人工智能，不仅技术含量颇高，而且有着较高的准入门槛，在行业竞争中具备独特优势；有色板块受益于商品价格的企稳回升，估值仍在合理范围；医药板块中，有着一定的出海潜力，在国际市场上崭露头角；消费板块里，新消费势头发展良好，盈利增长速度较快，展现出了强劲的市场动力。  2025 年前3季度，港股市场已经实现了一定程度的上涨，短期市场可能会有所调整来消化估值，但我们对大中华市场中长期的发展机会秉持着看好的态度。展望 2025 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长期投资收益。","fund":{"_id":3000000009846,"__csrcFundId":7933,"stockCode":"009846","name":"富兰克林国海港股通远见价值混合型证券投资基金","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":9846,"masterFundFlag":1,"fundStatus":"normal","lastUpdated":"2024-12-31T23:39:51.113Z","status":"normal","exchange":"jj","shortName":"国富港股通远见价值混合A","inceptionDate":"2020-08-17T16:00:00.000Z","followedNum":13,"fundCollectionId":4000050420000,"currency":"CNY","masterFundShortName":"国富港股通远见价值混合","setUpDate":"2020-08-17T16:00:00.000Z","setUpAssetScale":1222135635.18,"setUpShares":1222135635.18,"pinyin":"flklghggtyjjzhhxzqtzjj","managers":[{"stockCode":"8801403060","stockType":"fund_manager","exchange":"fm","tickerId":2403159340,"name":"徐成"}]},"announcement":{"linkText":"富兰克林国海港股通远见价值混合型证券投资基金2025年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1341536","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecd107fea5b3eb04d3459","date":"2025-03-30T16:00:00.000Z","stockId":3000000009846,"sao":"2025年1季度，国内经济数据延续良好复苏的势头。中国制造业采购经理指数（PMI）已经连续多月高于荣枯线（除去1月份因春节季节原因，导致PMI低于50）；一线城市的二手房交易量也保持不错的势头。但消费者信心暂时还没有明显改善。  1季度港股整体表现较好，恒生指数大涨15.3%。  近期港股市场出现大幅下跌，主要是由于美国针对包括中国在内的诸多主要贸易国推行所谓的 “对等关税” 举措。尽管此前市场对此已有所预期，然而此次征收关税的幅度远超预期，这使得市场开始担忧全球经济陷入衰退的风险，进而引发了市场的动荡。短期内，美国的关税政策确实会给我国经济带来一定的负面影响，港股市场也难免会出现较大幅度的波动；但从长远角度出发，我国经济持续向好、科技不断进步、市场信心逐步恢复的基本格局并不会发生改变。因此，中长期而言，我们对港股市场仍旧保持谨慎乐观的态度。  1季度本基金行业配置上重点关注数字经济、硬科技、消费、工业等板块。数字经济板块，未来增长空间较大、估值相对便宜、盈利有望逐步复苏；硬科技板块或将受益于AI的运用、技术含量较高且有较高的准入门槛；消费板块，服务类消费的机会中长期或有不错的机会；工业板块，估值合理、有望受益于宏观经济的企稳回升。","declarationDate":"2025-04-21T16:00:00.000Z","lastUpdated":"2026-03-09T13:37:20.113Z","fund":{"_id":3000000009846,"__csrcFundId":7933,"stockCode":"009846","name":"富兰克林国海港股通远见价值混合型证券投资基金","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":9846,"masterFundFlag":1,"fundStatus":"normal","lastUpdated":"2024-12-31T23:39:51.113Z","status":"normal","exchange":"jj","shortName":"国富港股通远见价值混合A","inceptionDate":"2020-08-17T16:00:00.000Z","followedNum":13,"fundCollectionId":4000050420000,"currency":"CNY","masterFundShortName":"国富港股通远见价值混合","setUpDate":"2020-08-17T16:00:00.000Z","setUpAssetScale":1222135635.18,"setUpShares":1222135635.18,"pinyin":"flklghggtyjjzhhxzqtzjj","managers":[{"stockCode":"8801403060","stockType":"fund_manager","exchange":"fm","tickerId":2403159340,"name":"徐成"}]},"announcement":{"linkText":"富兰克林国海港股通远见价值混合型证券投资基金2025年第一季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1272363","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecd107fea5b3eb04d3458","date":"2024-12-30T16:00:00.000Z","stockId":3000000009846,"sao":"2024年，上半年市场整体呈现震荡上扬走势，恒生指数斩获了3.9%的涨幅；步入下半年，恒指涨势愈发强劲，政策层面释放的利多因素发挥了显著的积极影响，成为推动市场上行的关键力量。  从板块表现来看，科技板块与高股息板块在2024年脱颖而出，展现出较强的市场活力；医药和地产等行业指数的表现则相对滞后，在市场的板块轮动中处于下风。  本基金行业配置上重点关注数字经济、硬科技、物业、电信、上游资源等板块。数字经济： 未来增长空间较大、估值便宜、盈利逐步复苏；硬科技： 受益于AI的运用、技术含量较高且有较高的准入门槛；电力： 受益于煤价下跌，且估值便宜；电信： 股息率高、业绩稳健。","declarationDate":"2025-01-21T16:00:00.000Z","lastUpdated":"2026-03-09T13:37:20.111Z","mo":"展望2025年，我们秉持着谨慎乐观的态度来看待港股市场，这主要基于以下几方面：  一、宏观政策：  2025年，货币政策与财政政策有望形成合力，协同发力以促进经济的稳健增长。扩内需、稳楼市、稳股市将成为核心看点，一系列政策举措将为市场营造更为有利的发展环境。事实上，当下部分宏观和行业数据已初现积极变化的端倪，制造业采购经理人指数（PMI）在11月和12月连续两个月站稳50荣枯线之上，地产和家电销售数据环比也实现了较大幅度的增长，这些都为经济的持续复苏提供了有力的证据支持。然而，需要警惕的是，2025年经济增长的风险点主要集中在出口领域，出口表现是否会低于预期将成为影响经济增长的一个重要变数。  二、企业盈利：  回首2024年，由于“需求改善 - 价格回升”的良性循环动力匮乏，企业盈利整体上面临着较大的压力。但展望 2025 年，随着利好政策的逐步落地与发酵，企业盈利有望在政策的拉动下实现同比改善。尤其是那些在各自领域具备核心竞争力的公司，将成为市场的亮点，尤其在科技领域（涵盖多个细分板块）、生物医药、跨境电商、以及中高端的自动化和机械等行业。  三、流动性：  2024年，美联储累计下调利率100个基点，同时消费者物价指数（CPI）也呈现出回落态势，全球流动性环境发生了显著变化。然而，2025年美联储的利率政策存在较大的不确定性，其走向将在很大程度上取决于美国新政府上台后的一系列政策举措，包括关税、移民等政策的调整以及这些政策对美国国内通胀水平的影响。目前市场普遍预期美联储仍有望降息1-3次，但最终的政策路径仍需根据实际的经济数据和政策导向来确定。同时，南下资金对港股的青睐是我们所不能忽视，这将为港股市场提供源源不断的流动性。  四、估值：  当前，海外投资者对中国宏观经济和企业盈利的信心仍显不足，这直接导致港股估值处于相对较低的水平。尽管2024年港股市场表现可圈可点，但与全球主要市场（如美国、日本、印度等）相比，其估值仍存在较大的差距，这也意味着港股市场存在着较大的估值修复空间。实际上，中国拥有一批在全球市场上极具核心竞争力的优秀企业，这些企业的价值在当前市场环境下被低估，蕴含着一定的投资潜力。此外，高股息的公司在低利率环境下也具有较强的吸引力，为投资者提供了稳定的现金流回报，或将成为市场中的避险港湾和价值投资的优选标的。  综合考量当前港股市场的低估值优势以及国内政策的持续推进，我们认为港股有望在2025年延续震荡上涨的良好态势。在投资策略方面，建议投资者重点关注数字经济、硬科技、电信、电力、消费和医药，以及出口相关公司（新兴市场）等领域。同时，积极挖掘具有增长潜力的个股，把握市场的结构性投资机会。  本基金将继续按照基金合同及相关法律法规要求，努力做好基金投资工作，争取未来取得更好的长期投资收益。","fund":{"_id":3000000009846,"__csrcFundId":7933,"stockCode":"009846","name":"富兰克林国海港股通远见价值混合型证券投资基金","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":9846,"masterFundFlag":1,"fundStatus":"normal","lastUpdated":"2024-12-31T23:39:51.113Z","status":"normal","exchange":"jj","shortName":"国富港股通远见价值混合A","inceptionDate":"2020-08-17T16:00:00.000Z","followedNum":13,"fundCollectionId":4000050420000,"currency":"CNY","masterFundShortName":"国富港股通远见价值混合","setUpDate":"2020-08-17T16:00:00.000Z","setUpAssetScale":1222135635.18,"setUpShares":1222135635.18,"pinyin":"flklghggtyjjzhhxzqtzjj","managers":[{"stockCode":"8801403060","stockType":"fund_manager","exchange":"fm","tickerId":2403159340,"name":"徐成"}]},"announcement":{"linkText":"富兰克林国海港股通远见价值混合型证券投资基金2024年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1251243","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecd107fea5b3eb04d3457","date":"2024-09-29T16:00:00.000Z","stockId":3000000009846,"sao":"2024年3季度，国内经济数据喜忧参半。9月份中国制造业采购经理指数（PMI）为49.8，低于荣枯线。消费者信心没有明显改善。  3季度港股表现相对较好，恒生指数9月底涨势喜人。行业方面，互联网、消费表现相对较好，高股息标的总体在震荡调整。A股同样受益于9月底的利好政策，科创板块表现突出。美国通胀数据有所回落，美联储9月降息50bps。  3季度本基金行业配置上重点关注数字经济、保险、上游资源、医药等板块。数字经济：未来增长空间相对较大、估值相对便宜、盈利逐步复苏；保险：EV(企业价值)有望受益于股市上涨和债券利率的回升；上游资源：受益于需求改善、估值偏低；医药：创新药有所突破，出海潜力较大。  我们看好港股市场中长期的机会，近期市场虽有所上涨，但估值处于历史平均水平以下。2024年中国经济有望企稳回升，海外流动性预计也将在继续改善，且港股市场仍有不少被低估的个股等待市场挖掘。","declarationDate":"2024-10-24T16:00:00.000Z","lastUpdated":"2026-03-09T13:37:20.108Z","fund":{"_id":3000000009846,"__csrcFundId":7933,"stockCode":"009846","name":"富兰克林国海港股通远见价值混合型证券投资基金","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":9846,"masterFundFlag":1,"fundStatus":"normal","lastUpdated":"2024-12-31T23:39:51.113Z","status":"normal","exchange":"jj","shortName":"国富港股通远见价值混合A","inceptionDate":"2020-08-17T16:00:00.000Z","followedNum":13,"fundCollectionId":4000050420000,"currency":"CNY","masterFundShortName":"国富港股通远见价值混合","setUpDate":"2020-08-17T16:00:00.000Z","setUpAssetScale":1222135635.18,"setUpShares":1222135635.18,"pinyin":"flklghggtyjjzhhxzqtzjj","managers":[{"stockCode":"8801403060","stockType":"fund_manager","exchange":"fm","tickerId":2403159340,"name":"徐成"}]},"announcement":{"linkText":"富兰克林国海港股通远见价值混合型证券投资基金2024年第三季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1172300","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecd107fea5b3eb04d3456","date":"2024-06-29T16:00:00.000Z","stockId":3000000009846,"sao":"上半年，能源价格仍在高位震荡；但考虑到去年基数比较高，全球通货膨胀压力有所缓解。美联储政策相对较为中性，欧央行和加拿大已经开始降息，海外市场总体流动性变好。中国经济在利好的货币政策和地产政策和影响下，有所企稳；3月和4月的PMI高于50的荣枯线。受上述宏观因素影响，24年上半年恒生指数上涨4%左右。科技股方面，受益于AI的公司股价涨幅较好。  本基金在上半年基本维持均衡偏成长的策略，相对看好数字经济、硬科技、上游资源，但同时也配置了公共事业等板块。数字经济：未来增长空间较大、估值相对便宜、盈利逐步复苏；硬科技：受益于AI的运用、技术含量较高且有较高的准入门槛；上游资源：受益于需求改善、估值相对偏低；电力：未来几年盈利相对较为稳定，股息率较高。上半年，上述行业总体平均来看，都有一定的正回报。","declarationDate":"2024-07-18T16:00:00.000Z","lastUpdated":"2026-03-09T13:37:20.106Z","mo":"2024年，中国经济有望企稳回升：1）货币政策和财政政策仍将同时发力；2）3-4月份PMI回到50以上就是一个较为积极的信号；3）5-6月份二手房销售也有所改善；4）节假期间，出行旅游人数增多也逐步回暖；5）部分高附加的产品（如：电动车、机械等）出口也有不俗的增长。这些都体现中国经济的韧性和潜力。  同时，中国经济处在转型期，新经济方兴未艾、未来发展的空间较大。新经济中有核心企业盈利能力有望逐步得到改善。硬科技、数字经济、新能源、高端制造、生物医药等领域的增速仍有望维持在价高的水平。  我们看好港股市场中长期的机会，目前市场估值处于历史相对低位，2024年中国经济有望企稳回升，海外流动性预计也将在2024年下半年有望得到改善。本基金将重点关注有结构性增长机会的行业，如数字经济、硬科技、上游资源、电信、电力等板块。且港股市场仍有不少被低估的个股等待市场挖掘。  本基金将继续按照基金合同及相关法律法规要求，努力做好基金投资工作，争取未来取得更好的长期投资收益。","fund":{"_id":3000000009846,"__csrcFundId":7933,"stockCode":"009846","name":"富兰克林国海港股通远见价值混合型证券投资基金","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":9846,"masterFundFlag":1,"fundStatus":"normal","lastUpdated":"2024-12-31T23:39:51.113Z","status":"normal","exchange":"jj","shortName":"国富港股通远见价值混合A","inceptionDate":"2020-08-17T16:00:00.000Z","followedNum":13,"fundCollectionId":4000050420000,"currency":"CNY","masterFundShortName":"国富港股通远见价值混合","setUpDate":"2020-08-17T16:00:00.000Z","setUpAssetScale":1222135635.18,"setUpShares":1222135635.18,"pinyin":"flklghggtyjjzhhxzqtzjj","managers":[{"stockCode":"8801403060","stockType":"fund_manager","exchange":"fm","tickerId":2403159340,"name":"徐成"}]},"announcement":{"linkText":"富兰克林国海港股通远见价值混合型证券投资基金2024年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1151229","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecd107fea5b3eb04d3455","date":"2024-03-30T16:00:00.000Z","stockId":3000000009846,"sao":"2024年1季度，国内经济有所复苏。3月中国制造业采购经理指数（PMI）时隔6个月重返扩张区间，创下近一年新高至50.8；特别出口订单好于预期。部分消费（比如：旅游等）有所表现, 新能源车销售较好。但一、二线城市地产销售数据没有特别强的表现，仍需要继续观察。  1季度港股表现欠佳，恒生指数1-2月份跌幅较大，但3月份强势反弹。行业方面，能源、有色表现较好，但地产、消费等板块欠佳；高股息标的总体表现较为突出，反应市场投资者较为谨慎的心态。美国通胀数据仍在高位，美联储短期降息的概率下降。  1季度本基金行业配置上重点关注数字经济、硬科技、电信、电力、上游资源等板块。数字经济：未来增长空间较大、估值相对便宜、盈利逐步复苏；硬科技：受益于AI的运用、技术含量较高且有较高的准入门槛；电力设备：龙头企业竞争优势明显且估值合理，行业整体出口潜力较大；电力：未来几年盈利相对较为稳定，股息率相对较高；电信：股息率相对较高、业绩稳健；上游资源：估值相对便宜、股息率相对较高。   我们看好港股市场中长期的机会，目前市场估值处于历史相对低位，2024年中国经济有望企稳回升，海外流动性预计也将在2024年下半年有望得到改善，且A股和港股市场仍有不少被低估的个股等待市场挖掘。","declarationDate":"2024-04-21T16:00:00.000Z","lastUpdated":"2026-03-09T13:37:20.103Z","fund":{"_id":3000000009846,"__csrcFundId":7933,"stockCode":"009846","name":"富兰克林国海港股通远见价值混合型证券投资基金","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":9846,"masterFundFlag":1,"fundStatus":"normal","lastUpdated":"2024-12-31T23:39:51.113Z","status":"normal","exchange":"jj","shortName":"国富港股通远见价值混合A","inceptionDate":"2020-08-17T16:00:00.000Z","followedNum":13,"fundCollectionId":4000050420000,"currency":"CNY","masterFundShortName":"国富港股通远见价值混合","setUpDate":"2020-08-17T16:00:00.000Z","setUpAssetScale":1222135635.18,"setUpShares":1222135635.18,"pinyin":"flklghggtyjjzhhxzqtzjj","managers":[{"stockCode":"8801403060","stockType":"fund_manager","exchange":"fm","tickerId":2403159340,"name":"徐成"}]},"announcement":{"linkText":"富兰克林国海港股通远见价值混合型证券投资基金2024年第一季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1069614","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecd107fea5b3eb04d3454","date":"2023-12-30T16:00:00.000Z","stockId":3000000009846,"sao":"2023年一季度，国内经济总体企稳回升。受疫情影响，1月份投资和消费均不理想；但节后，出行、消费、以及部分城市地产销售逐步有所改善。但二季度和下半年，国内经济复苏并不特别强。地产销售数据一般，投资和消费均不理想；但二季度出口数据好于预期。  2023年，港股表现一般。一月份，市场表现较好；但之后恒生指数震荡走弱。行业方面，地产、物业、互联网和科技表现欠佳；高股息标的总体表现较为突出，反应市场投资者较为谨慎的心态。美国通胀数据仍维持高位，市场对流动性也有些担忧。台湾股市表现相对较好，主要受益于科技股的表现。  本基金行业配置上重点关注数字经济、硬科技、物业、电信、上游资源等板块。数字经济：未来增长空间较大、估值相对便宜、盈利有望逐步复苏；硬科技：受益于AI的运用、技术含量较高且有较高的准入门槛；物业：稳定的现金流、估值相对便宜、央企有望取得较为稳定的业绩增加；电信：有望取得较高的股息率、业绩稳健；上游资源：估值相对便宜、市场预期较低。","declarationDate":"2024-01-21T16:00:00.000Z","lastUpdated":"2026-03-09T13:37:20.101Z","mo":"我们对24年市场整体谨慎乐观：1）目前港股估值仍在其历史平均水平以下；相对于A股，港股在平均估值上仍有一定优势；2）美国通胀有所缓解，美联储加息接近尾声，海外流动性也有望改善；3）中国经济有望企稳回升且上市公司业绩有望逐步改善。   本基金将重点关注有结构性增长机会的行业，如硬科技、新能源、数字经济、大消费、物业、和医药等；同时，也将关注有望受益于经济复苏的板块，如有色和工程机械等，配置上总体偏均衡。中国市场规模大，给优秀的企业提供了很好的舞台；此外，凭借自身过硬的实力，国内企业在海外市场或将有更大的斩获。上市公司层面，我们加大对质地优秀、行业口碑好、有核心竞争力企业的研究，重点把握结构性成长的机会，并将在估值合理的时候给予重点考虑。  本基金将继续按照基金合同及相关法律法规要求，努力做好基金投资工作，争取未来取得更好的长期投资收益。","fund":{"_id":3000000009846,"__csrcFundId":7933,"stockCode":"009846","name":"富兰克林国海港股通远见价值混合型证券投资基金","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":9846,"masterFundFlag":1,"fundStatus":"normal","lastUpdated":"2024-12-31T23:39:51.113Z","status":"normal","exchange":"jj","shortName":"国富港股通远见价值混合A","inceptionDate":"2020-08-17T16:00:00.000Z","followedNum":13,"fundCollectionId":4000050420000,"currency":"CNY","masterFundShortName":"国富港股通远见价值混合","setUpDate":"2020-08-17T16:00:00.000Z","setUpAssetScale":1222135635.18,"setUpShares":1222135635.18,"pinyin":"flklghggtyjjzhhxzqtzjj","managers":[{"stockCode":"8801403060","stockType":"fund_manager","exchange":"fm","tickerId":2403159340,"name":"徐成"}]},"announcement":{"linkText":"富兰克林国海港股通远见价值混合型证券投资基金2023年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1058009","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecd107fea5b3eb04d3453","date":"2023-09-29T16:00:00.000Z","stockId":3000000009846,"sao":"2023年3季度，国内经济复苏并不特别强。地产和汽车销售数据一般，投资和消费数据均不理想, 出口数据也不强。但最新PMI回升到50.2, 这意味经济有望重回扩张区。  3季度港股表现欠佳，7月份恒生指数有所反弹，但8-9月份又再次震荡走弱。行业方面，地产、消费、互联网和科技表现欠佳；高股息标的总体表现较为突出，反应市场投资者较为谨慎的心态。美国通胀数据仍维持高位，市场对流动性也有些担忧。  3季度本基金行业配置上仍重点关注数字经济、硬科技、物业、电信、上游资源等板块。其中，数字经济：未来增长空间较大、估值相对便宜、盈利有望逐步复苏；硬科技：受益于AI的运用、技术含量较高且有较高的准入门槛；物业：相对稳定的现金流、估值相对便宜、央企有较为稳定的业绩增加；电信：股息率高、业绩稳健；上游资源：估值相对便宜、市场预期较低。   我们看好港股市场中长期的机会，目前市场估值处于历史相对低位，4季度中国经济有望企稳回升，海外流动性预计在2024年有望得到改善，且港股市场仍有不少被低估的个股等待市场挖掘。","declarationDate":"2023-10-24T16:00:00.000Z","lastUpdated":"2026-03-09T13:37:20.098Z","fund":{"_id":3000000009846,"__csrcFundId":7933,"stockCode":"009846","name":"富兰克林国海港股通远见价值混合型证券投资基金","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":9846,"masterFundFlag":1,"fundStatus":"normal","lastUpdated":"2024-12-31T23:39:51.113Z","status":"normal","exchange":"jj","shortName":"国富港股通远见价值混合A","inceptionDate":"2020-08-17T16:00:00.000Z","followedNum":13,"fundCollectionId":4000050420000,"currency":"CNY","masterFundShortName":"国富港股通远见价值混合","setUpDate":"2020-08-17T16:00:00.000Z","setUpAssetScale":1222135635.18,"setUpShares":1222135635.18,"pinyin":"flklghggtyjjzhhxzqtzjj","managers":[{"stockCode":"8801403060","stockType":"fund_manager","exchange":"fm","tickerId":2403159340,"name":"徐成"}]},"announcement":{"linkText":"富兰克林国海港股通远见价值混合型证券投资基金2023年第三季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=987168","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecd107fea5b3eb04d3452","date":"2023-06-29T16:00:00.000Z","stockId":3000000009846,"sao":"2023年一季度，国内经济总体企稳回升。受疫情影响，1月份投资和消费均不理想；但节后，出行、消费以及部分城市地产销售逐步有所改善。二季度，国内经济复苏并不特别强。地产和汽车销售数据一般，投资和消费均不理想；但二季度出口数据好于预期。  上半年，港股表现一般。一月份，市场表现较好；但2-5月份恒生指数震荡走弱，6月份有所回升。行业方面，地产、物业、互联网和科技表现欠佳；高股息标的总体表现较为突出，反应市场投资者较为谨慎的心态。美国通胀数据仍维持高位，市场对流动性也有些担忧。  本基金行业配置上重点关注数字经济、硬科技、物业、电信、上游资源等板块。数字经济：未来增长空间较大、估值相对较低、盈利逐步复苏；硬科技：受益于AI的运用、技术含量较高且有较高的准入门槛；物业：相对稳定的现金流、估值相对较低、央企有较为稳定的业绩增加；电信：股息率高、业绩稳健；上游资源：估值相对较低、市场预期低。","declarationDate":"2023-07-20T16:00:00.000Z","lastUpdated":"2026-03-09T13:37:20.095Z","mo":"我们对23年下半年市场整体偏乐观：1）目前港股估值仍在其历史平均水平以下；相对于A股，港股在平均估值上仍有一定优势；2）美国通胀有所缓解，美联储加息接近尾声，海外流动性也有望改善；3）中国经济有望企稳回升且上市公司业绩将逐步改善。  同时，中国经济处在转型期，新经济方兴未艾、未来发展的空间较大。新经济中有核心企业盈利能力有望逐步得到改善。硬科技、数字经济、新能源、高端制造、生物医药等领域的增速仍有望维持在价高的水平。  本基金将重点关注有结构性增长机会的行业，如硬科技、新能源、数字经济、大消费、物业和医药等；同时，也将关注有望受益于经济复苏的板块，如有色和工程机械等，配置上总体偏均衡。中国市场规模大，给优秀的企业提供了很好的舞台；此外，凭借自身过硬的实力，国内企业在海外市场也有望取得更大的斩获。上市公司层面，我们加大对质地优秀、行业口配好、有核心竞争力企业的研究，重点把握结构性成长的机会，将在估值合理的时候重点考虑。","fund":{"_id":3000000009846,"__csrcFundId":7933,"stockCode":"009846","name":"富兰克林国海港股通远见价值混合型证券投资基金","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":9846,"masterFundFlag":1,"fundStatus":"normal","lastUpdated":"2024-12-31T23:39:51.113Z","status":"normal","exchange":"jj","shortName":"国富港股通远见价值混合A","inceptionDate":"2020-08-17T16:00:00.000Z","followedNum":13,"fundCollectionId":4000050420000,"currency":"CNY","masterFundShortName":"国富港股通远见价值混合","setUpDate":"2020-08-17T16:00:00.000Z","setUpAssetScale":1222135635.18,"setUpShares":1222135635.18,"pinyin":"flklghggtyjjzhhxzqtzjj","managers":[{"stockCode":"8801403060","stockType":"fund_manager","exchange":"fm","tickerId":2403159340,"name":"徐成"}]},"announcement":{"linkText":"富兰克林国海港股通远见价值混合型证券投资基金2023年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=962342","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecd107fea5b3eb04d3451","date":"2023-03-30T16:00:00.000Z","stockId":3000000009846,"sao":"2023年一季度，国内经济总体企稳回升。受疫情影响，1月份投资和消费均不理想；但节后，出行、消费、以及部分城市地产销售逐步有所改善。由于海外宏观经济有不确定性，一季度出口数据暂时不够理想。  港股总体呈震荡走势，1月份恒生指数表现相对较好，但之后有所调整和回落。行业方面，数字经济、建筑、黄金和原油等板块涨幅较大。  一季度本基金行业配置上重点关注数字经济、硬科技、物业、消费、上游资源等板块。","declarationDate":"2023-04-21T16:00:00.000Z","lastUpdated":"2026-03-09T13:37:20.093Z","fund":{"_id":3000000009846,"__csrcFundId":7933,"stockCode":"009846","name":"富兰克林国海港股通远见价值混合型证券投资基金","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":9846,"masterFundFlag":1,"fundStatus":"normal","lastUpdated":"2024-12-31T23:39:51.113Z","status":"normal","exchange":"jj","shortName":"国富港股通远见价值混合A","inceptionDate":"2020-08-17T16:00:00.000Z","followedNum":13,"fundCollectionId":4000050420000,"currency":"CNY","masterFundShortName":"国富港股通远见价值混合","setUpDate":"2020-08-17T16:00:00.000Z","setUpAssetScale":1222135635.18,"setUpShares":1222135635.18,"pinyin":"flklghggtyjjzhhxzqtzjj","managers":[{"stockCode":"8801403060","stockType":"fund_manager","exchange":"fm","tickerId":2403159340,"name":"徐成"}]},"announcement":{"linkText":"富兰克林国海港股通远见价值混合型证券投资基金2023年第一季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=889777","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecd107fea5b3eb04d3450","date":"2022-12-30T16:00:00.000Z","stockId":3000000009846,"sao":"上半年，俄乌冲突导致能源价格高企，并使得全球通货膨胀压力加大。美联储不得不提高利率来抑制通货膨胀，导致美元升值且部分资金从新兴市场流出，海外市场总体流动性变差；此外，加息对全球经济增长也产生不少负面影响。中国经济在疫情和地产的双重影响下，也没有特别突出的表现。受上述宏观因素影响，22年香港市场波动较大、A股市场也有一定跌幅。  本基金在二季度和三季度逐步卖出成长股，并增加低估值行业的配置。四季度，疫情缓解后，本基金增加了顺周期、硬科技、以及互联网行业的配置；同时也关注新能源、基建相关等板块机会。22年香港市场各板块表现大多较为低迷；有正回报的板块较少，其中能源板块的上涨主要由于俄乌冲突这一突发事件导致的。","declarationDate":"2023-01-19T16:00:00.000Z","lastUpdated":"2026-03-09T13:37:20.090Z","mo":"2023年，中国经济有望企稳回升：1）货币政策和财政政策仍将同时发力；2）1月份PMI回到50以上就是一个较为积极的信号；3）春节期间消费复苏较强、节后商务出行也逐步回暖；4）基建开始发力，各地重大项目密集开工；5）二手房销售也有所改善。这些都体现中国经济的韧性和潜力。  同时，中国经济处在转型期，新经济方兴未艾、未来发展的空间较大。新经济中有核心企业盈利能力有望逐步得到改善。硬科技、数字经济、新能源、高端制造、生物医药等领域的增速仍有望维持在较高的水平。  我们对23年市场整体偏乐观：1）目前港股估值仍在其历史平均水平以下；相对于A股，港股在平均估值上仍有一定优势；2）美国经济出现放缓的迹象，美联储加息接近尾声，海外流动性也有望改善,目前已经出现海外资金增加中国市场配置的情况；3）中国经济有望企稳回升且上市公司业绩将逐步改善。  本基金将重点关注有结构性增长机会的行业，如硬科技、新能源、数字经济、大消费、物业和医药等；同时，也将关注有望受益于经济复苏的板块，如有色和工程机械等，配置上总体偏均衡。中国市场规模大，给优秀的企业提供了很好的舞台；此外，凭借自身过硬的实力，国内企业在海外市场也将有更大的斩获。上市公司层面，我们将加大对质地优秀、行业口配好、有核心竞争力企业的研究，重点把握结构性成长的机会，将在估值合理的时候重点考虑。","fund":{"_id":3000000009846,"__csrcFundId":7933,"stockCode":"009846","name":"富兰克林国海港股通远见价值混合型证券投资基金","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":9846,"masterFundFlag":1,"fundStatus":"normal","lastUpdated":"2024-12-31T23:39:51.113Z","status":"normal","exchange":"jj","shortName":"国富港股通远见价值混合A","inceptionDate":"2020-08-17T16:00:00.000Z","followedNum":13,"fundCollectionId":4000050420000,"currency":"CNY","masterFundShortName":"国富港股通远见价值混合","setUpDate":"2020-08-17T16:00:00.000Z","setUpAssetScale":1222135635.18,"setUpShares":1222135635.18,"pinyin":"flklghggtyjjzhhxzqtzjj","managers":[{"stockCode":"8801403060","stockType":"fund_manager","exchange":"fm","tickerId":2403159340,"name":"徐成"}]},"announcement":{"linkText":"富兰克林国海港股通远见价值混合型证券投资基金2022年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=869787","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecd107fea5b3eb04d344f","date":"2022-09-29T16:00:00.000Z","stockId":3000000009846,"sao":"三季度港股表现欠佳，恒生指数仍在不断探底；行业方面，电信板块表现尚可，科技和医药板块跌幅较大。  回顾三季度，大宗商品高位震荡，部分品种由于全球需求不佳及衰退预期有所下滑；国内通胀压力相对不大。受疫情影响，地产销售和消费需要并不强；消费电子需求也较为疲弱。  三季度本基金维持均衡配置，相对看好电信、互联网、科技、能源等板块。","declarationDate":"2022-10-25T16:00:00.000Z","lastUpdated":"2026-03-09T13:37:20.088Z","fund":{"_id":3000000009846,"__csrcFundId":7933,"stockCode":"009846","name":"富兰克林国海港股通远见价值混合型证券投资基金","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":9846,"masterFundFlag":1,"fundStatus":"normal","lastUpdated":"2024-12-31T23:39:51.113Z","status":"normal","exchange":"jj","shortName":"国富港股通远见价值混合A","inceptionDate":"2020-08-17T16:00:00.000Z","followedNum":13,"fundCollectionId":4000050420000,"currency":"CNY","masterFundShortName":"国富港股通远见价值混合","setUpDate":"2020-08-17T16:00:00.000Z","setUpAssetScale":1222135635.18,"setUpShares":1222135635.18,"pinyin":"flklghggtyjjzhhxzqtzjj","managers":[{"stockCode":"8801403060","stockType":"fund_manager","exchange":"fm","tickerId":2403159340,"name":"徐成"}]},"announcement":{"linkText":"富兰克林国海港股通远见价值混合型证券投资基金2022年第三季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=808536","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecd107fea5b3eb04d344e","date":"2022-06-29T16:00:00.000Z","stockId":3000000009846,"sao":"上半年，由于俄乌冲突、美联储加息、和疫情的影响，港股波动较大。本基金卖出高估值的个股，并增加低估值的行业；在疫情缓解后，增加了顺周期行业的配置。  硬科技、新能源行业未来成长空间较大，具有核心竞争力的企业值得重点关注。同时也关注基建相关板块的机会。","declarationDate":"2022-07-20T16:00:00.000Z","lastUpdated":"2026-03-09T13:37:20.085Z","mo":"2022年下半年，货币政策和财政政策仍将同时发力；中国经济增速可能前低后高。同时，中国经济处在转型期，新经济方兴未艾、未来发展的空间较大。新经济有核心企业盈利能力有望逐步得到改善。  目前港股估值在其历史低位，市盈率低于美国、欧洲以及亚洲其它市场；相对于A股，港股在平均估值上优势明显。货币政策将较为宽松，国内市场流动性较好；南下资金将有望净流入。美国经济出现放缓的迹象，市场对美联储紧缩政策的担忧有所缓解。企业盈利将逐步改善，下半年增速有望加快。  本基金将关注有结构性增长机会的行业，如硬科技、新能源、以及互联网等；同时，也将重点关注基建和顺周期板块。","fund":{"_id":3000000009846,"__csrcFundId":7933,"stockCode":"009846","name":"富兰克林国海港股通远见价值混合型证券投资基金","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":9846,"masterFundFlag":1,"fundStatus":"normal","lastUpdated":"2024-12-31T23:39:51.113Z","status":"normal","exchange":"jj","shortName":"国富港股通远见价值混合A","inceptionDate":"2020-08-17T16:00:00.000Z","followedNum":13,"fundCollectionId":4000050420000,"currency":"CNY","masterFundShortName":"国富港股通远见价值混合","setUpDate":"2020-08-17T16:00:00.000Z","setUpAssetScale":1222135635.18,"setUpShares":1222135635.18,"pinyin":"flklghggtyjjzhhxzqtzjj","managers":[{"stockCode":"8801403060","stockType":"fund_manager","exchange":"fm","tickerId":2403159340,"name":"徐成"}]},"announcement":{"linkText":"富兰克林国海港股通远见价值混合型证券投资基金2022年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=785342","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecd107fea5b3eb04d344d","date":"2022-03-30T16:00:00.000Z","stockId":3000000009846,"sao":"2022年一季度，原油价格高企，对企业盈利造成不利影响。美联储加息也对流动性有影响。中国宏观经济暂时压力，PMI数据不是特别理想，但出口数据依旧保持较好水平。  1季度，香港市场表现一般。总体策略上，我们对稳增长的政策有信心，增加了地产（央企）、基建的配置。","declarationDate":"2022-04-21T16:00:00.000Z","lastUpdated":"2026-03-09T13:37:20.083Z","fund":{"_id":3000000009846,"__csrcFundId":7933,"stockCode":"009846","name":"富兰克林国海港股通远见价值混合型证券投资基金","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":9846,"masterFundFlag":1,"fundStatus":"normal","lastUpdated":"2024-12-31T23:39:51.113Z","status":"normal","exchange":"jj","shortName":"国富港股通远见价值混合A","inceptionDate":"2020-08-17T16:00:00.000Z","followedNum":13,"fundCollectionId":4000050420000,"currency":"CNY","masterFundShortName":"国富港股通远见价值混合","setUpDate":"2020-08-17T16:00:00.000Z","setUpAssetScale":1222135635.18,"set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