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《大行報告》瑞銀:英資銀行面臨中美地緣政治、監管及宏觀風險 予匯控「中性」評級
阿思達克 09-22 12:12
瑞銀發表英國銀行的行業報告表示,近數天的消息面上,顯示英國銀行業正面臨有挑戰性,第一是新冠疫情感染人數趨升;第二是英國央行確認正為負利率準備若干工作準備;第三是在暫無協議退歐的情況下,支持英國960萬工人的休假計劃將於下個月結束(目前的失業救濟人數270萬);第四是與「金融犯罪執法網文件」(FinCEN)相關的媒體報道,亦引發了民眾對過去反洗錢控制措施的擔憂;第五是中美地緣政治問題,部分英國銀行目前正受被列入「不可靠實體」名單上的傳聞所困擾。

該行認為,英資銀行面臨中美地緣政治、監管及宏觀風險(包括英國脫歐協議)等,地緣政治風險,市場傳出中國或將個別英國銀行列入「不可靠實體」名單周圍,認為中美兩國在11月美國總統大選前夕的地緣政治風險會持續存在;監管風險方面,近日被廣泛報道「金融犯罪執法網文件」新聞,令人日益關注反洗黑錢力度將會加大。該行指按現情況,英國銀行股估值合理,但難以會令人相信行業會呈復蘇。

而瑞銀予在英國上市的匯控(00005.HK)及渣打(02888.HK)均「中性」投資評級,各予目標價410便士(約40.74港元)及395便士(約39.25港元)。(wl/)

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