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《大行報告》中金料內地流動性寬鬆利好券商股 上月交投活躍提振業績
阿思達克 02-17 11:54

中金發表報告表示,當前大型中資券商H股目前估值相當預測今年市賬率0.8倍、仍為歷史較低水平。春節開市以來市場主要股指表現和交易情緒來看,此次內地疫情對於證券行業的整體影響優於預期。節後兩周市場日均股票交易額放大至8,300億人民幣(對比1月春節前6,996億元和2019年日均5,203億人民幣),流動性持續寬鬆、股市風險偏好改善、以及資本市場改革推進邏輯下,低估值的大券商仍為首選。

該行指,截止2020年2月13日,共26家上市券商公布1月經營數據:單月營收合計177億人民幣,按年升5%、按月下滑49%;淨利潤合計73億元,按年升16%、按月跌45%。今年1月母公司淨資產合計1.26萬億人民幣,較年初增長157億人民幣(+1.3%)。

中金稱,交易活躍度顯著提升帶動行業業績按年改善;主要股指和投行業務表現分化或致個股盈利顯現波動。

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