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《大行報告》大摩下調港交所(00388.HK)目標價至580元 評級「增持」
阿思達克 02-25 09:42
摩根士丹利發表報告表示,政府計劃調高股票印花稅稅率,股票印花稅自0.1%上調至0.13%,料將提高港股總交易成本約15%,但認為不會改變長期波幅性呈結構上升的軌道。大摩稱在市場對緊縮政策預期上升的情況下,政策對市場情緒的影響更為重要,但難以量化。

報告補充,上調印花稅可能會進一步阻止某些量化基金交易(佔港股交易額的很小部分)和一些投機交易,故該行下調港交所(00388.HK)今明兩年盈利預測5%,目標價相應由600元降3%至580元,維持「增持」評級。由於美國利率上升及中國流動性收緊預期,港交所股價短期料趨波動。

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