You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
星展:中銀香港(2388.HK)風險回報佳 目標價上望33港元
格隆匯 10-09 15:47

星展發表研究報告,重新覆蓋中銀香港(02388.HK) ,指其風險回報佳,予“買入”投資評級,這是基於其高於行業的資產增長。公司維持2019財年貸款錄高單位數增長的指引,主要是受到強勁的信貸需求所帶動。該行預期,公司將會繼續在2020至2021財年每年錄8%至9%的貸款增長。另外,認為目前公司的估值不高,目標價33港元。

該行又指,中銀香港與同業相比有差異化的增長策略,較為聚焦於東盟地區。雖然中銀集團沒有具體時間表,但在合併後,東盟業務佔中銀香港的資產將會由原來的介乎約3%至4%,擴大至介乎約6%至8%。有見在中美之間持續的貿易爭端之下,越來越多的中國企業將會轉移其工廠至東盟,這為中銀香港創造充足的業務增長機會,預期公司在東盟的貸款增長將會繼續超越其他地區。

Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.
uSMART
Wealth Growth Made Easy
Open Account