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《大行報告》匯豐研究:內銀股今年看好建行、工行、交行、民行及郵儲銀行
阿思達克 01-12 15:18
匯豐研究發表的報告指,2021年重要主題包括是信貸對GDP比率穩定、資產負債表風險緩和、科技創新、撥備減少及貸款增長等新引擎。該行估計監管機構將解除之前的一次性措施,不過打擊違規行為將繼續,相信為銀行締造了更有利的競爭環境,並改善盈利質素。

該行估計監管機構將減少在銀行盈利增長及貸款減值撥備方面的影響,同時監管仍會持續,並限制互聯網平台及非銀行信貸渠道,估計將減輕淨息差的壓力,故有利銀行改善盈利質素等。

在選股方面,該行對行業維持溫和正面的看法,看好建設銀行(00939.HK)、工商銀行(01398.HK)、交通銀行(03328.HK)、民生銀行(01988.HK)及郵儲銀行(01658.HK)。該行認為建行及工行穩定、高質素,而且派息前景理想,相信可捕捉內地宏觀經濟復甦的機遇。而交通銀行則最不受房地產相關貸款限制所影響,估值亦維持吸引。(el/u) ~

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