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海通国际首予港交所(00388.HK)「买入」评级 料更多新经济股份挂牌 可升港股吸引力
阿思达克 05-19 11:32
海通国际发表报告表示,首予港交所(00388.HK)「买入」评级,目标价298.6元,此相当预测今年市盈率37倍,并指未来管理层变动将不会改变中港两地资本市场互联互通的策略。

该行指,港股现货市场首季收入12亿元,按年升27%,虽然新冠疫情蔓延,但未有影响港股的交投,日均成交额按年升20%,而北向资金流入续创高。该行亦估计,港交所未来可受惠全面接通内地资本市场策略,因未来会有更多新经济股份来港上市,将可令本港新股市场更趋多元化,而港交所亦推行改革,藉吸引更多具质素的企业来港上市,可增加本港股票市场吸引力。

海通国际估计,港交所於2020年至2022年收入预测各为174亿、189亿元及203亿元,按年各升7%、8%及7%,料其2020年至2022年纯利预测分别为102亿、112亿及121亿元,可按年分别升9%、9%及8%。

该行料港交所今年交易费及交易系统使用费录58.3亿元,按年可升4.3%、料联交所上市费由上年16.33亿元升至期内17.57亿元。

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