高盛:維持匯控(0005.HK)“買入”評級
高盛發表研究報告指,匯控(0005.HK)將於下週二(27日)公佈第三季季績,該行預料集團第三季列帳基準税前盈利為24.19億(美元,下同),按年下跌50%,按季就大升1.22倍。經調整税前盈利為29.19億元,按年跌45%,按季升13%。
高盛估計,集團列帳基準撥備前盈利為36.09億元,按年跌31%,按季跌18%。收入116.95億元,按年跌12%;當中淨利息收入按年跌14%至65.22億元。
該行預期,匯控第三季的有形股本回報率(ROTE)為2.3%,按年跌6.1個百分點;普通股權一級資本比率(CET1)預測為14.9%,按年升0.6個百分點。
高盛維持匯控“買入”評級,目標價為525便士,主要風險包括疲弱的宏觀經濟環境、升温的地緣政治風險,以及集團的重組計劃延遲執行。

Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.