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植耀輝: 港股急跌後料有反彈 港交所(00388.HK)難有憧憬
阿思達克 09-26 11:42

耀才證券研究部總監植耀輝稱,港股昨日(25日)又再度急挫,並跌破26,000點水平。中美貿易談判又轉趨緊張,加上A股走勢亦轉弱,變相令港股走勢更差。筆者預期大市於25,800點附近,亦即9月初低位會有一定支持,亦不排除會出現技術反彈。事實上隔晚又再傳出中美貿易談判又有正面發展,故今日(26日)大市可能又再出現反彈;但在未出現突破消息之前,恆指將有相當大機會在稍後時間考驗25,000點或更低水平。

亦要談談港交所(00388.HK)有意向倫交所「搶婚」事宜。就全球金融業發展而言,交易所之間進行併購並不是新奇事,但像港交所如此鍥而不捨則較少見。當然,不難猜測港交所今次出價如此進取的動機,志在形成一個覆蓋亞歐美三大時區之交易所集團;問題只是如此「重本」是否值得?事實上自9月11日宣布「出手」後,港交所股價連日下挫,累跌超過10%,遠差於同期恆指表現,某程度上反映投資者對今次收購相當負面;若港交所繼續一意孤行,繼續提價作出收購,股價恐會繼續尋底。

而且即使倫交所願意這門「親事」,但英國現時亦正身陷脫歐風波,亦未知如何拆局;何況倫交所可能早已「心有所屬」─倫交所在回覆港交所信件中便提到,「意識到中國市場機遇的規模,並且十分重視與上交所的互利合作關係……可以獲得中國的許多機遇」。簡單一句,就是「神女有心,襄王無夢」!

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