Igciwane laseChina libuye lahlasela abatshalizimali kuleli sonto ngokuba nomthelela omubi ezimakethe zokulingana emhlabeni jikelele. Lapho ngoMsombuluko isimangaze ngokuwa okuphakathi kuka-2% no-3%. Ngokuqondile, inkomba ekhethiwe ye- imakethe yamasheya yaseSpain yehle ngo-2,1% endleleni ngenxa yokwesaba ukuthi lesi sehlakalo sezokwelapha singathinta ingxenye enhle yezinkampani ezibhalwe ezimakethe zezezimali. Yize kuseshini elandelayo ukuthola ingxenye yomhlaba elahlekile. Futhi noma kunjalo, ilahlekelwe izisekelo ezibaluleke kakhulu ekuhlaziyweni kwayo kobuchwepheshe.
Kube yizindaba ezingalindelekile ezikhiphe ingxenye enhle yabatshalizimali abancane nabaphakathi abebelindele isonto eliqhakazile ezimakethe zezimali ngemuva kwezikhathi zokugcina emakethe yamasheya. Kepha leli qiniso elisha lingaphazamisa amathemba abasebenzisi bezitoko ababenawo ngenyanga kaFebhuwari. Lapho ungacabanga kabusha ngokungena eminye imikhakha ingcono kuneminye sibhekene nalesi simo esisha lapho izimakethe zezezimali zihlupheke khona. Akumangalisi ukuthi kunemikhakha ethile ebizwela kakhulu kuneminye ukuthuthukisa lawa mathonsi.
Kunoma ikuphi, kusebenze ukuze isimo esiphuthumayo sezempilo eChina sibeke izimakethe zezezimali ukuthi ziqaphele leli qiniso, imiphumela yalo engakahlolwa. Kepha lokho kukhombisa ukuhwebelana kwembulunga yonke, futhi ezimakethe zezimali njengoba zithintekile kuzo zonke izindawo, ngaphandle kokunye okuhlukile. Ngezikhathi lapho i- ukuthambekela komhlaba wonke bekucaca ukuthi inamandla futhi inethemba lokuhlasela amazinga aphezulu emazingeni ama-indices emakethe yamasheya aphesheya.
Ezokuphepha zijeziswe kakhulu kuleli sonto
Kunoma ikuphi, akuyona yonke imikhakha yemakethe yamasheya eye yasabela ngendlela efanayo. Hhayi kancane. Uma kungenjalo, ngokuphambene nalokho, labo abathathe inani elikhethekile emikhakheni efana nezindiza, amahhotela, abaphathi bezindiza, izinkampani emkhakheni wezokunethezeka futhi, ngokungaqondile, ezinkampanini zikawoyela, ezezimayini nezensimbi. Abathinteka kakhulu, kungenzeka kanjani ukuthi kube ngenye indlela, yilabo abaxhumene nezokuvakasha nezokuvakasha. Ngokuwa okungaphezu kwe-3% noma i-4%, futhi kithi bamelwe yinkampani yezindiza i-IAG, eyehle ngaphezu kwe-4% ngesikhathi sokuhweba ngoMsombuluko.
Abanye abalahlekelwe kakhulu kube yizitoko ezijikelezayo ngenxa yokwesaba ukuthi leli qiniso lingaba nomthelela ekukhuleni komnotho womhlaba futhi ikakhulukazi kwamanye amazwe. Ngalo mqondo, ezinye izifundo zokuqala ziphakamisa ukuthi I-GDP eChina Kungancishiswa ngo-1% ngenxa yokuvela kwegciwane laseShayina kubantu bakulelizwe lase-Asia. Ngomthelela ezinkampanini ezibalwe ezimakethe zazo zezezimali. Futhi ukuthi kungathinta ukuxegiswa kwamanani ezinkampani abhalwe ezimakethe zezimali kusukela manje kuqhubeke.
Umkhakha wezokunethezeka omunye ulimele
Kepha hhayi kuphela lezi zinkampani eziyizisulu ezinkulu zegciwane laseChina. Uma kungenjalo, ngokuphambene nalokho, abamele okunethezeka bathambekele kakhulu ekuthuthukiseni ukwehla kwamanani abo. Lokhu kungenxa yokuthi amaShayina angabathengi abakhulu bale mikhiqizo futhi lesi simo esisha singaholela ekutholakaleni ekusetshenzisweni kwamanje. Futhi ngalokho-ke kuholele kuma-indices emakethe yamasheya afana ne- Nikkei kwehliswe ekuqaleni kwesonto ngamaphesenti angaphezu kwe-2%. Ngenkathi siseYurophu, usuku luphele ngokuwa kwamaphesenti angaphezu kwamaphesenti amabili ezinkomba zokulinganisa ezinkulu.
Ngakolunye uhlangothi, futhi maqondana namasheya aseSpain, ukuthenga ingcindezi kuholele kwelinye inani labakhetha iSpain, njengomphathi wesikhumulo sezindiza I-Ena ukhiphe u-1,78% ngosuku olulodwa. Yize ngokululama okukhulu ngoLwesibili lokho kusize ingxenye enhle yabatshalizimali abancane nabaphakathi ukuba bathathe izikhundla ngamanani aphansi kakhulu kunesonto eledlule. Njengenkampani egxile kwezinsizakalo zezindiza, i-Amadeus, nayo ehole izinombolo ezibomvu kwi-Ibex 35, ehlupheka ukwehla okungaphezudlwana kuka-6%.
Izinkampani ezihlobene no-oyela
Izinkampani zikawoyela zingenye enkulu ethintekile yisimo esiphuthumayo sezempilo eChina nokuthi ngokwezinga elikhulu noma elincane babone ukuthi amanani abo ehlile. Ngomqondo wokuthi lawa magugu angabhekana nengcindezi yokuthengisa eqinile kulezi zinsuku. Ngokukhombisa ukuthi isibikezelo sokukhula komnotho okuphansi eChina kungaba yiqiniso elingabonakala ezinsukwini ezizayo. Ngezikhathi ezimbi ngentengo ye- uwoyela nezimpahla, kube nomthelela olandelayo emananini ezinkampani ze-Ibex 35 futhi okuye kwabonakala ekwehlisweni kwalo Msombuluko kulezi zinkampani ezilandelayo: I-Repsol (-3,44%), i-Arcelor Mittal (-3,69%) ne-Acerinox (- 3,56%).
Ngenkathi ngakolunye uhlangothi, iqiniso lokuthi ukwehlukaniswa ngenxa yemiphumela yegciwane laseChina kusheshise phakathi kwezinkampani ezixhumene kakhulu nezinto zokusetshenziswa akunakulibaleka. Lezi yizindaba ezimbi ezimakethe zokulingana njengoba lezi zimasheya zingamandla ashukumisayo ngemuva kwezikhathi ezandayo emnothweni womhlaba. Njengoba kufakazelwe eminyakeni yamuva namashumi eminyaka. Komunye umkhakha, abatshalizimali badlulisele ingcindezi eyehla emkhakheni wamahhotela aseYurophu, obekungenye yalezo eziye zehla kakhulu ekucushweni kwamanani azo. Njengesibonelo, esimweni samaketanga amakhulu aseSpain afana neMeliá ne-NH anokuvezwa ngqo emakethe yaseChina.
Eminye imikhakha izwela kakhulu eChina
Ngakolunye uhlangothi, izinkampani ezigxile ezintweni zikanokusho ezifana ne-LVMH (-3,68%) neKering (-3,61%) zingenye zalezo eziphinde zathola ingcindezi yokwehla ekuqaleni kwesonto. Ngemuva kokuthi sebethuthukise i-bullish yamanje emasontweni adlule nokuthi ngandlela thile balungise ukuzuza kwabo abakuqokile selokhu kuqale lo nyaka. Kanye neqiniso lokuthi amanye amasheya aphawuleka kakhulu kulo mkhakha okhetheke kakhulu abone izikhundla zawo emakethe yamasheya zehla. Njengakumacala athile we L'Oreal (-4,6%) noHermès (-4,3%), okube ngamanani ajeziswa kakhulu maqondana nenkomba ekhethiwe yamasheya aseFrance.
Ngomunye umqondo, kufanele kuphawulwe futhi ukuthi iChina isiphenduke imakethe esemqoka yokukhula komkhakha wezokunethezeka. Futhi lolu hlobo lwezindaba lucasula le mibono ebenginayo kuze kube manje. Yize kungaziwa ukuthi ungakanani umfutho, noma ngabe bazokwazi yini ukululama kula masonto. Ngakolunye uhlangothi, okubaluleke kangako ukuthi imiphumela yenkinga yezempilo eChina ingaba nemiphumela ebaluleke kakhulu emakethe yamasheya kunaleyo eyaqala yabalwa ngabahlaziyi bezezimali abahlukahlukene. Lapho kunganikeza khona okunye ukumangala okungekuhle kuzintshisekelo zabatshalizimali abancane nabaphakathi.
Imikhakha engabalwa kabusha
Ukusabalala kwe-coronavirus yaseChina kunikeza abatshalizimali bezimakethe zamasheya esinye futhi isizathu sokungabaza ukungena kwabo kwezinye zezikwele zomhlaba wonke. Okungenani uma kukhulunywa esikhathini esifushane, futhi ikakhulukazi ngama-stock indices amaningi ku- isimo esithengwe kakhulu. Njengoba kunikezwe lesi simo, kuyiqiniso futhi ukuthi kunemikhakha eminingi engazuza kulesi simo esibi sezempilo ezweni lase-Asia.
Enye yazo, futhi ngakolunye uhlangothi, kunengqondo ukucabanga, yiyo exhunywe kwimikhiqizo yokwenziwa kwemithi kanye nemithi ikakhulukazi. Kulezi zinsuku kubonakale ukuthi amanani abo ezimakethe zezimali akhuphuka kanjani kalula. Ukufika ezingeni lokuthi inzuzo enhle ingatholwa ngokuqagela. Lokho wukuthi, kuhloswe ngamagama amafushane kakhulu lapho ukusebenza kwabo kungathandeka khona futhi kutholakale intshisekelo ephakamisa kakhulu noma iyiphi iphrofayili yomtshalizimali omncane naphakathi.
Omunye umkhakha ongathathi hlangothi okungenani ebusweni bokusabalala kwe-coronavirus eChina ugesi. Ngoba kudlula ukuthambekela okuphezulu emhlabeni wonke futhi kusebenza njengesiphephelo ezimweni ezinjengalezi. Eqinisweni, bekungokunye kwalokhu okuwe kancane emakethe yezimakethe zamasheya okwenzeke ngoMsombuluko odlule futhi okungasizakala ngesimo sayo samanje ezimakethe zezimali. Akumangalisi ukuthi imingcele yayo yehluke kakhulu futhi lokho akuhlangene nakancane naleli qiniso elifanele eliphethe imakethe yamasheya kuleli sonto elingajwayelekile labatshalizimali. Kusuka kuwe ungathatha izikhundla ngokuthula okuphelele lapho ubhekene nalokho okwenzeka eduze kakhulu nePacific. Lapho lesi sikhathi bengakwazi ukunikeza isimanga esibi ngezikhathi ezithile ezithakazelweni zabatshalizimali abancane nabaphakathi.