《大行報告》美銀證券料港交所(00388.HK)第三季純利28億元 按季持平
美銀證券發表報告,指港交所(00388.HK)將於10月27日發表第三季業績,預計其第三季純利28億元,按季持平;日均成交額料為1,650億元,按年增長17%,按季增長9%。考慮到港股表現疲弱,該行預計季內投資收入會減少,並認為今次業績不會成為股價主要推動力,不過當其他金融機構受到房地產相關風險的壓力時,港交所仍然具防禦性,因此維持「買入」評級,目標價529元。
報告補充,將於10月18日推出的A股期貨產品是港交所第4季重要關注點,如果最初的成交量能達到每天4萬張,將會是非常理想的表現;但若少於2萬張,就會低於投資者預期,並可能在短期內導致股價壓力,但相信長遠而言,只要資金繼續流入A股市場,交易量將回升。
美銀證券又指,中國監管機構早前公布有關於收緊海外上市的修訂草案,預計正式的規則將在年底公布,港交所是否能被豁免或部分豁免於新規則,將是明年IPO業務的關鍵。此外,科技股下跌和缺乏新科技股上市亦可能導致港股成交量壓力。
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