郭家耀: 观望联储议息港股拉锯 招行(03968.HK)盈利增长远胜同业
正荣金融业务部副总裁郭家耀称,美股周二(27日)个别发展,大市经过连日上升後有获利回吐,标普500指数及纳指轻微偏软,道指则录得温和升幅。美元温和向好,美国十年期债息升至1.62厘水平,金价表现受压,油价低位反弹。港股预托证券大致向好,预料大市早段温和高开。内地股市先跌後回升,沪综指收市上升一点,沪深两市成交额大为缩减。
港股窄幅上落,指数在29,000点水平徘徊,成交保持清淡。投资者观望联储局议息会议结果,以及企业季度业绩消息,预料指数短期继续於28,500至29,500点水平上落。
另招商银行(03968.HK)公布今年首季盈利320.15亿元人民币(下同),按年增长15.18%。期内,营业净收入848.44亿元,按年升11.09%;净利息收入495.24亿元,增长8.23%,净利差2.44%、净利息收益率2.52%,按年分别下降2个和4个基点。按季比较的话,净利差反弹11个基点。手续费收入的强劲增长,带动非利息净收入增长15.36%至353.2亿元。资产质量持续改善,截至3月底,不良贷款率1.02%,较上年末下降0.05个百分点,不良贷款覆盖率基本持平於439%。公司一级资本充足率13.43%,较权重法下高1.9个百分点。招行提供高质量零售银行服务,带动存款成本於行业处於最低水平,盈利增长能力亦远胜同业,估值较行业平均有溢价实属合理。
(笔者为证监会持牌人,没持有上述股份)~
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