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《大行報告》里昂:「跨境理財通」屬內地資本賬改革里程碑 料招行(03968.HK)最受惠
阿思達克 05-07 10:43
就人民銀行廣州分行等公開《粵港澳大灣區「跨境理財通」業務試點實施細則(徵求意見稿)》向社會公開徵求意見,細則明確「北向通」跨境資金淨流入額上限及「南向通」跨境資金淨流出額上限均不超過「跨境理財通」業務試點總額度,現時「跨境理財通」業務試點總額度暫定為1,500億元人民幣,同時對單個投資者實行額度管理,投資額度為100萬人民幣。里昂發表報告指,「跨境理財通」對象是針對大灣區居民的措施,此是繼「股票通」(南向資金持資產2.1萬億港元、北向資金持資產1.4萬億人民幣)、「債券通」(規模約3.6萬億人民幣)後,另一個內地資本賬改革的里程碑,並料擁有跨境業務和高淨值客戶較多的招商銀行(03968.HK)最為受惠。

該行指,基於「北向通」跨境資金淨流入額上限及「南向通」跨境資金淨流出額上限均不超過「跨境理財通」業務試點總額度,現時「跨境理財通」業務試點總額度暫定為1,500億元人民幣,該行料雙邊規模可共達3,000億人民幣,由於「跨境理財通」試點目前規模較少,料不會對香港、澳門及內地金融機構的即時具體明顯影響。

里昂表示,「跨境理財通」業務試點總額1,500億元人民幣,僅相當於廣東省存款總額的1.6%、相當香港及澳門存款總額約2%,料每邊試點投資者參與人數或達15萬人,僅佔大灣區總體人口的0.2%、港澳地區人口佔比的1.9%。

但無論如何,該行估計「跨境理財通」未來會進一步擴大試點額度,情況如「股票通」,並相信「跨境理財通」需求非常強勁,料一些回報吸引的內地項目產品將可吸引香港及澳門居民參與,並估計大灣區居亦可將資產分配多元化,長遠而言將有利內銀、香港銀行,相信招商銀行最為受惠。(wl/u)

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