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《大行报告》中金料内地流动性宽松利好券商股 上月交投活跃提振业绩
阿思达克 02-17 11:54

中金发表报告表示,当前大型中资券商H股目前估值相当预测今年市账率0.8倍、仍为历史较低水平。春节开市以来市场主要股指表现和交易情绪来看,此次内地疫情对於证券行业的整体影响优於预期。节後两周市场日均股票交易额放大至8,300亿人民币(对比1月春节前6,996亿元和2019年日均5,203亿人民币),流动性持续宽松、股市风险偏好改善、以及资本市场改革推进逻辑下,低估值的大券商仍为首选。

该行指,截止2020年2月13日,共26家上市券商公布1月经营数据:单月营收合计177亿人民币,按年升5%、按月下滑49%;净利润合计73亿元,按年升16%、按月跌45%。今年1月母公司净资产合计1.26万亿人民币,较年初增长157亿人民币(+1.3%)。

中金称,交易活跃度显着提升带动行业业绩按年改善;主要股指和投行业务表现分化或致个股盈利显现波动。

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