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野村:降港交所(0388.HK)目标价至310.7港元 对业务前景保持乐观
格隆汇 05-08 14:04

野村发表研究报告指,港交所(0388.HK)今年首季纯利23亿港元,按年跌13%,收入及其他收益亦按年跌7%至40亿元港元,均较野村预期低。集团将此归因于期内市场出现极大波动,该行认为此属非经常性。野村下调港交所目标价2.36%,由原来的318.2港元降至310.7港元,评级维持买入,以反映今年首季疲弱的投资回报。

野村表示,受港股市场气氛强劲推动,港交所首季核心业务增长符合预期。互联互通业务亦保持强劲的增长趋势。此外,集团公布,行政总裁李小加将不会续任,其合约将到明年10月完结。该行认为,或会导致集团未来的业务战略存在不确定性。

该行又指,鉴于持续的上市改革及互联互通业务的强劲增长,该行对港交所的业务前景保持乐观。下调港交所今年盈利预测4%,而明年及2022年的盈利预测亦分别下调2%。

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