[营销星球]麦格理：外国人投资A股指南-亚太地区策略--2018.8.8-33页

Pleaserefertopage31forimportantdisclosuresandanalystcertification,oronourwebsitewww.macquarie.com/research/disclosures.8August2018AsiaExJapanEQUITIESTop5AlphaScorestocksinselectedsectorsFig28containsamorecomprehensivestocklistChina-AAlphaModelLong/ShortReturnsSourceforboth:Factset,MacquarieResearch,August2018InsideHighRoadtoChina2UnderstandingChina-A?4AUniqueMarket9AQuantitativeView15StyletiminginChina–AMacroDistanceApproach19MacquarieAsia-PacificCountryModel21MacquarieAlphaModel22What’sWorking?25GlobalFactorPerformance30AnalystsMacquarieSecurities(Australia)LimitedJohnConomos,CFA+61282325157john.conomos@macquarie.comMacquarieCapitalLimitedTracyChow+85239224285tracy.chow@macquarie.comYingYingHou+85239225422yingying.hou@macquarie.comAlvinChao+85239221108