《大行報告》大和上調港交所(00388.HK)目標價至602元 評級「買入」
大和發表研究報告指,港交所(00388.HK)2020年淨利潤按年增長23%至115億元,符合預期,佐證其發展策略已進入收成階段,預料未來幾年盈利增長前景將向好。
報告指,港交所期內平均每日成交金額(ADT)按年增長49%至1,295億元,北向及南向ADT亦分別按年增長119%和126%,債券通日均成交量增長85%。
該行指,香港已成為新經濟公司越來越重要的市場,年初至今,香港ADT按年大增83%至2,370億元,並於昨日(24日)創下3,530億元的新高,相信未來全球資本市場的流動性足以支持港股日均成交維持在2,000億至3,000億元水平。
大和將2021至2022年ADT預測由1,300億及1,500億元,分別上調至2,300億及2,600億元,相應將2021至2022年每股盈測提高約35%,重申「買入」評級,並將目標價由447.1元上調至602元,相信港交所可發展為亞洲區最重要的國際交易所之一。
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