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《大行报告》大摩升港交所(00388.HK)目标价至600元 料今年可续跑赢大市
阿思达克 02-03 10:39
摩根士丹利发表报告,重申对交所(00388.HK)「增持」评级,上调对其目标价,由430元升至600元,此相当预测2022年预测市盈率35倍,指2021年以来港股日均成交额达2,430亿元(对比2019年1,290亿元),表现强劲,今年1月换手率已升至120%,该行决定上调对港股2021年至2023年换手率预测至介乎105%至125%,基於预期有更多北水南下流入港股。

该行指,基於对港股日均成交额较高预期,决定上调对港交所2021年至2022年每股盈利预测各13%及10%。

大摩料内地资金会持续流入港股,相信受惠内地居民财富增加及人民币趋势支持下,估计港交所今年股价将持续跑赢大市,料内地加速批准更多互惠基金销售,相信会令相关资金更快流入港股。

该行称值得注意的是,港股通南下资金年初至今的净流入已经达到3,300亿港元,相关交易额约占香港总交易额的30%。监於以下情况,该行仍然预计资金流入会继续保持,因在香港上市的股票更具吸引力、人民币升值压力令资金流动,以及该行对内地家庭金融资产强劲增长预期。

大摩料港股於2021年至2023年日均成交额预测各为1,990亿、2,500亿及3,130亿元,估计港股2021年至2023年转手率各为105%、115%及125%,对比2020年转手率为82.1%。

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