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花旗料内地短期未必再降准 看好内银内房
阿思达克 01-02 12:56

花旗银行投资策略及环球财富策划部主管黄(柏)宁在记者会上表示,人民银行昨日(1日)宣布全面降准50点子,加上近期调整逆回购利率及LPR改革等举动,可见政府以流动性资金支持市场的决心。不过,他认为短期或不容易看到人行再降准,预期需待首季经济数据表现,及中美签署首阶段贸易协议後的市场情况再决定经济政策。

股市方面,他称花旗暂未对今年恒指有目标水平,但预期在外围支持,以及内地经济表现或可稍为企稳下,大部分港股/中资股的行业表现不会太差。其中,内银股或可受惠内地进一步推出财政刺激措施,或能提振企业贷款需求。而内房股亦有政府优化调控政策、行业销售表现强劲及股息率较高等催化剂。

黄(柏)宁又提到,受美国减息及香港宏观经济放缓等因素影响,对香港银行股看法审慎,虽然行业估值便宜,惟缺乏上升催化剂。至於中资科网股的基本面因素仍在,但行业股份波动较大,建议可在股份作调整时以较低水平考虑吸纳。 ~

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