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《專題》券商對中概股來港上市對港股日均成交影響預測(表)
阿思達克 06-04 12:39
《專題》券商對中概股來港上市對港股日均成交影響預測(表)

大型中概股網易(09999.HK)由本周二(2日)至本周五(5日)在港公開招股,預計最多集資約216億元,市場料未來將陸續有更多中概股來港上市的趨勢,據野村於上月底發表報告,列出中概股來港上市對港股日均成交影響的情境預測:

在美國上市的中概股

公司數目:248隻

總市值:1.641萬億美元(約12.72萬億港元)

總市值(撇除阿里巴巴):1.105萬億美元(約8.57萬億港元)

過去三個月日均成交額:78.64億美元(約609.5億港元)

過去三個月日均成交額(撇除阿里巴巴):41.36億美元(約320.6億港元)

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野村料中概股來港上市對港交所(00388.HK)影響:

假設所有中概股均選擇來港上市的情境所出的預測

阿里巴巴(09988.HK)港股較美股成交額比例:15%

假設中概股港股較美股成交額比例:15%

中概股來港上市,料可提升港股日均成交額預測:48.4億港元

港股去年日均成交額:871.55億港元

料中概股來港上市的日均成交額於港股佔比:6%

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料第二上市所帶來初始上市費用收益(撇除阿里):6,000萬港元

料相關收益佔去年總體初始上市費用收益佔比:7%

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第二上市所帶來每年的上市費用收益(撇除阿里):7,200萬港元

料相關收益佔去年總體每年的上市費用收益佔比:9%

(wl/t)

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