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瑞銀:LME暫停鎳交易對港交所(0388.HK)影響很小,維持對其買入評級

昨日港交所(0388.HK)旗下倫敦金屬交易所(LME)表示,不會早於(3月11日)週五前恢復鎳期貨交易,併為鎳期貨設10%的單日漲跌幅限制。

瑞銀髮表研究報吿認為,暫停鎳交易對港交所的直接收入影響應該很小,因為鎳相關交易收入對港交所的貢獻應該在1%左右,但預期復牌後鎳合約價格的進一步劇烈波動,將增加市場參與者符合保證金要求的不確定性,認為對港交所造成重大財務影響的可能性相當低,但這方面的消息可能會導致股價波動,予目標價531港元及維持“買入”評級。

該行認為,LME採取的舉措和努力應有助於減少鎳合約的未平倉頭寸,尤其是對於持有實物金屬用作交割的市場參與者。

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