花旗:中小型港銀受累宏觀環境 降大新系評級至中性
花旗研報指,因受連續的宏觀因素衝擊,以及受累於內地業務拖累資產質量下滑,香港小型銀行風險較高,下調大新銀行集團(2356.HK)和大新金融(0440.HK)評級至“中性”。其中,大新銀行集團目標價由12.5港元下調至10港元;而大新金融目標價亦由37.1港元降至30.7港元。重申對東亞銀行(0023.HK)的“沽售”評級,又認為匯控(0005.HK)和中銀香港(2388.HK)等大型銀行應對疫情更具彈性,風險回報頗具吸引力。考慮到銀行業收入增長放緩和貸款損失增加,下調2020年香港本地銀行營業收入預測8%-26%。
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