<p>高盛指出，上周亚洲是净卖出最多的地区</p>
<p>对冲基金在恒生指数和日经指数下跌之前抛售了科技股</p>
<p>中国股票在过去五周中有四周被净卖出，高盛指出</p>
<p>作者：内尔·麦肯齐</p>
<p>伦敦，12 月 15 日（路透社）- 高盛在一份报告中表示，对冲基金上周抛售了香港和日本股票，恰在科技股重的恒生指数和日经指数在过去两个交易日因对科技估值过高的担忧而下跌之前。</p>
<p>日本蓝筹股日经指数（.N225）周一下跌超过 1%，科技股跟随华尔街同行下滑，因对估值过高的持续担忧，以及预计日本央行将在本周晚些时候加息。</p>
<p>中国（.CSI300）和香港（.HSI）股票也因一系列疲软的经济数据和房地产开发商万科的违约风险上升而下滑，影响了市场情绪。</p>
<p>根据高盛在 12 月 12 日发给客户的报告数据，对冲基金似乎预见到了这些走势，路透社周一获得了该报告。</p>
<p>上周，亚洲无疑是净卖出最多的地区，报告指出，新兴市场和发达市场的股票被卖出多于买入。</p>
<p>高盛的报告称，对冲基金抛售了香港的多头头寸，并在日本增加了空头押注。</p>
<p>多头头寸预期资产价值会上升，而空头头寸则押注其会下跌。</p>
<p>在周五下午的抛售之前，卖出主要集中在科技和消费类股票上，投资者因对人工智能泡沫的担忧而将资金从科技转向其他行业。</p>
<p>费城半导体指数（.SOX）周五下跌超过 5%。</p>
<h3>日本利率押注</h3>
<p>高盛表示，日本的一些股票受益于科技股的撤离，对冲基金净买入了工业、金融和材料公司的股票。</p>
<p>日本银行股（.IBNKS.T）在周五上涨 2%，因预计日本央行将在周五加息。这种押注在周一得到了强化，因为央行的季度 Tankan 调查显示大型制造商的信心升至四年来的最高点。更高的利率提高了贷款和投资的回报。</p>
<p>此外，对冲基金继续抛售中国股票，过去五周中有四周被净卖出，印度股票的卖出程度较轻，银行表示。</p>
<p>投机者集中在工业和材料等股票行业。</p>

高盛

<p>高盛报告称，对冲基金上周在日本和香港出售了科技股，预计恒生指数和日经指数将下跌。亚洲是净卖出最多的地区，重点关注科技和消费类股票。对冲基金在日本转向空头头寸，并继续出售中国股票。日本银行股在日本央行可能加息前上涨。由于对人工智能泡沫的担忧，费城证券交易所半导体指数下跌超过 5%</p>

<p>Goldman Sachs notes Asia was most net sold region last week</p>
<div class="lb-trans"><p>高盛指出，上周亚洲是净卖出最多的地区</p>
</div><p>Hedge funds sold tech stocks before Hang Seng, Nikkei indices fell</p>
<div class="lb-trans"><p>对冲基金在恒生指数和日经指数下跌之前抛售了科技股</p>
</div><p>Chinese equities net sold for four of last five weeks, Goldman Sachs notes</p>
<div class="lb-trans"><p>中国股票在过去五周中有四周被净卖出，高盛指出</p>
</div><p>By Nell Mackenzie</p>
<div class="lb-trans"><p>作者：内尔·麦肯齐</p>
</div><p>LONDON, Dec 15 (Reuters) - Hedge funds sold Hong Kong and Japanese stocks last week, Goldman Sachs said in a note, just before the tech-heavy Hang Seng and Nikkei indices fell in the last two trading sessions on worries over over-inflated tech values.</p>
<div class="lb-trans"><p>伦敦，12 月 15 日（路透社）- 高盛在一份报告中表示，对冲基金上周抛售了香港和日本股票，恰在科技股重的恒生指数和日经指数在过去两个交易日因对科技估值过高的担忧而下跌之前。</p>
</div><p>Japan’s blue-chip Nikkei (.N225) share average dropped more than 1% on Monday as tech stocks tracked their Wall Street peers lower on lingering worries over stretched valuations and ahead of an expected Bank of Japan rate rise later this week.</p>
<div class="lb-trans"><p>日本蓝筹股日经指数（.N225）周一下跌超过 1%，科技股跟随华尔街同行下滑，因对估值过高的持续担忧，以及预计日本央行将在本周晚些时候加息。</p>
</div><p>China (.CSI300) and Hong Kong (.HSI) stocks also slipped as a slew of lacklustre economic data and mounting default risks by property developer Vanke weighed on market sentiment.</p>
<div class="lb-trans"><p>中国（.CSI300）和香港（.HSI）股票也因一系列疲软的经济数据和房地产开发商万科的违约风险上升而下滑，影响了市场情绪。</p>
</div><p>Hedge funds appeared to have anticipated the moves, according to data from a Goldman Sachs note to clients dated December 12 and seen by Reuters on Monday.</p>
<div class="lb-trans"><p>根据高盛在 12 月 12 日发给客户的报告数据，对冲基金似乎预见到了这些走势，路透社周一获得了该报告。</p>
</div><p>Asia was by far the most net sold region last week, with both emerging and developed market stocks more sold than bought, the note said.</p>
<div class="lb-trans"><p>上周，亚洲无疑是净卖出最多的地区，报告指出，新兴市场和发达市场的股票被卖出多于买入。</p>
</div><p>Hedge funds dumped long positions in Hong Kong and added short bets in Japan, said Goldman’s note.</p>
<div class="lb-trans"><p>高盛的报告称，对冲基金抛售了香港的多头头寸，并在日本增加了空头押注。</p>
</div><p>A long position expects an asset value to rise, whereas a short position wagers it will fall.</p>
<div class="lb-trans"><p>多头头寸预期资产价值会上升，而空头头寸则押注其会下跌。</p>
</div><p>Selling focused on technology and consumer stocks just before Friday afternoon’s selloff with investors leaving technology for other sectors amid concerns about an AI bubble.</p>
<div class="lb-trans"><p>在周五下午的抛售之前，卖出主要集中在科技和消费类股票上，投资者因对人工智能泡沫的担忧而将资金从科技转向其他行业。</p>
</div><p>The Philadelphia SE semiconductor index (.SOX) dropped more than 5% on Friday.</p>
<div class="lb-trans"><p>费城半导体指数（.SOX）周五下跌超过 5%。</p>
</div><h3>JAPAN RATE BETS</h3>
<div class="lb-trans"><h3>日本利率押注</h3>
</div><p>Some stocks in Japan benefited from the exodus from tech shares and hedge funds net bought industrial, financial and materials company equities, said Goldman Sachs.</p>
<div class="lb-trans"><p>高盛表示，日本的一些股票受益于科技股的撤离，对冲基金净买入了工业、金融和材料公司的股票。</p>
</div><p>Japanese banking shares (.IBNKS.T) climbed 2% on Friday ahead of an expected rate increase by the Bank of Japan on Friday. Such bets were reinforced on Monday by the central bank’s quarterly Tankan survey, which showed sentiment among big manufacturers rose to a four-year high. Higher interest rates boost returns from lending and investing.</p>
<div class="lb-trans"><p>日本银行股（.IBNKS.T）在周五上涨 2%，因预计日本央行将在周五加息。这种押注在周一得到了强化，因为央行的季度 Tankan 调查显示大型制造商的信心升至四年来的最高点。更高的利率提高了贷款和投资的回报。</p>
</div><p>Elsewhere, hedge funds continued to sell Chinese equities, which had been net sold in four of the last five weeks and to a lesser extent stocks in India, said the bank.</p>
<div class="lb-trans"><p>此外，对冲基金继续抛售中国股票，过去五周中有四周被净卖出，印度股票的卖出程度较轻，银行表示。</p>
</div><p>The speculators focused on stock sectors such as industrials and materials.</p>
<div class="lb-trans"><p>投机者集中在工业和材料等股票行业。</p>
</div>

对冲流动 - 高盛表示，上周对冲基金抛售了日本和香港的科技股