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匯豐環球:研究看好內地券商股 予中信建投證券(6066.HK)“買入”評級
格隆匯 01-15 12:06

匯豐環球研究發表報告表示,看好內地券商股的前景,主因包括監管機構正促進行業增長的週期,並允許經紀商進入資產管理和衍生工具等新領域;流動性改善下亦逐步降低融資成本;高風險之股票質押貸款有所減少等因素,更相信行業可受惠於未來六個月之股市牛市。

該行又指,在內房政策持續收緊下,相信投資者會增加意欲將內房股轉移至券商股上,當中看好中信建投證券(06066.HK)及國信證券(002736.SZ),前者是行業首選,均首予“買入”評級,目標價分別為12港元及16元人民幣。

另外,因申萬宏源(06806.HK)策略不明確,預期其2019-21年盈利年複合增長率20.7%,給予“持有”評級,目標價2.4港元。至於東方證券(03958.HK),該行指其收入及盈利均較同業落後,給予“減持”評級,目標價4.4港元。

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