《大行报告》大和上调港交所(00388.HK)目标价至602元 评级「买入」
大和发表研究报告指,港交所(00388.HK)2020年净利润按年增长23%至115亿元,符合预期,佐证其发展策略已进入收成阶段,预料未来几年盈利增长前景将向好。
报告指,港交所期内平均每日成交金额(ADT)按年增长49%至1,295亿元,北向及南向ADT亦分别按年增长119%和126%,债券通日均成交量增长85%。
该行指,香港已成为新经济公司越来越重要的市场,年初至今,香港ADT按年大增83%至2,370亿元,并於昨日(24日)创下3,530亿元的新高,相信未来全球资本市场的流动性足以支持港股日均成交维持在2,000亿至3,000亿元水平。
大和将2021至2022年ADT预测由1,300亿及1,500亿元,分别上调至2,300亿及2,600亿元,相应将2021至2022年每股盈测提高约35%,重申「买入」评级,并将目标价由447.1元上调至602元,相信港交所可发展为亚洲区最重要的国际交易所之一。
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