大行评级|美银:维持港交所“买入”评级 预期去年纯利按年增9%

港股那点事
11 Feb

美银证券发表研究报告指,预期港交所去年纯利按年增9%至130亿港元,单计去年第四季纯利料按年升41%,主要受到期内的交投量激增,日均成交额(ADT)由第三季的910亿港元升至1870亿港元。另外,随香港整体利率靠稳,料利息收入及投资收入有助第四季及全年的增长。去年全年的ADT达1320亿港元,按年升26%;本年至今ADT走势及新股展望维持强劲。

美银上调港交所2024年至2026年的盈利预测0%至2%,主要因为较低的成本收入比率,维持“买入”评级及目标价349港元,并指港交所是市场复苏的主要受惠者,见到近期的上行风险大过下行风险。该行认为最坏的情景会是因为监管要求及地缘政策顾虑,而出现外资撤出香港。

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