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大和:重申金融科技行業“中性”評級 予平安好醫生(1833.HK)“跑贏大市”評級
格隆匯 11-18 09:04
格隆匯11月18日丨大和發佈中國金融科技專家會議紀要稱,監管機構對金融科技公司的監管框架從“黑名單制”向“白名單制”轉變,現任平安電子錢包戰略規劃與研究總監的郭先生表示,2004年至2015年期間,相對寬鬆的金融監管環境促使中國許多第三方支付和互聯網金融企業進行了商業模式創新。自2015年發生了大量P2P問題以來,監管機構變得更加謹慎。郭先生預計未來3年第三方支付總額將錄得較低的年增長率,預計二維碼支付和人臉識別支付是增長最快的數字支付形式,並預計跨境支付將成為最賺錢的領域。他還預計,移動、個人電腦和線下渠道在第三方支付市場的份額將分別為60%、10%和30%。此外,今年11月螞蟻集團IPO暫緩標誌着又一個金融監管的新常態,這可能是金融科技公司和常規金融機構監管框架趨同的開始。展望未來,他認為兩者都將受制於“白名單”。郭先生還重申了大和的觀點,即在所有類型的金融科技服務中,信用科技可能受到的衝擊最大,網貸公司未來可能會面臨與持牌消費金融公司和銀行相同的監管。大和重申行業“中性”評級,重申恆生電子(600570.SH)“買入”評級,予平安好醫生(1833.HK)和同花順(300033.SZ)“跑贏大市”評級,並下調拉卡拉(300773.SZ)評級至“弱於大盤”。
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