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《大行報告》野村下調港交所(00388.HK)目標價至485元 評級「中性」
阿思達克 11-17 10:13
野村發表報告,下調港交所(00388.HK)目標價,由507.5元降至485元,維持「中性」評級,並調低集團今明兩年盈利預測分別4%及11%,目前預期按年增長為8%及20%,以反映市場成交及新股上市數量較預期疲弱。 該行表示,港交所10月日均成交額按月下跌約15%,由9月的1,530億元降至10月的1,300億元,南向交易的日均成交更由380億元按月跌24%至290億元。雖然由於基數低,今年10月成交按年計有11%增長,但仍是過去一年最低成交額的月份,較今年第三季的日均成交額低21%。 另外,野村指港股於10月的集資額亦按月減少28%,主因新股集團額由160億元按月大跌至50億元,為自去年4月以來的最低。由於上市數據較預期疲弱,該行將港交所今明兩年集資額預測下調約10%,同時今年第四季的日均成交額預測降13%至1,480億元,令今年全年日均成交額預測亦降約4%。至於明年日均成交額預測則調低8%。
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