《大行報告》花旗料港交所(00388.HK)未來可受惠阿里上市重申「買入」評級
花旗發表研究報告指,港交所(00388.HK)第二季日均交易額為930億元,按年跌13%,衍生工具交易量升2%,北向資金繼續強勁,按年升134%,整體而言,核心收入按年持平,按季升6%;純利按年跌約3%。花旗維持港交所今年每股盈利預期不變,反映日均成交下降,但被投資收益所抵銷,維持目標價305元不變,相信投資者注視來自上海科創板的競爭和短期盈利催化劑,維持「買入」評級。
該行預期MSCI A股期貨交易最快會於第三季初推出,公司預期帶動盈利增長5%,幫助互聯互通的投資者更好地管理投資。上半年港交所上市企業有80間,集資超過700億元,若阿里下半年來港第二上市集資200億美元,相信有助港交所超越去年已經非常龐大的集資額,並有助提高日均交易量。
該行又引述傳媒報道,截至6月中,有120間公司申請在上海科創板上市,若全部獲批,集資額接近900億元人民幣,而相比下,香港的優勢是集資所得為港元,更容易於海外發展,而港交所亦計劃通過擴大海外司法管轄區,吸引更多非中國企業來港上市。
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