野村:港交所(0388.HK)去年總收入及純利勝預期 升目標價至517.4港元
野村發表研究報吿指,港交所(0388.HK)去年總收入及純利分別按年升18%及23%,意味單計去年第四季,收入及純利分別按年增38%及48%,均略勝於該行預期,主要受惠於來自“滬深港通”交易費用較預期高。
野村指,今年1月整體互聯互通的日均成交額按年升1.79倍,其中南向交易日均成交額破紀錄達700億元;儘管預期日均成交額的強勁增長勢頭不太可能持續,尤其在港府擬將印花税由0.1%,上調至0.13%之後,但考慮到1月的表現及大型新股的強勁貢獻,上調今、明兩年港股日均成交額的預測11%及2%,滬深港通日均成交額則升27%及24%,以反映1月成交量,並料帶動港交所今、明兩年利潤分別增加6%及4%,故將其目標價由473.3港元上調至517.4港元,維持中性評級。

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