《大行報告》瑞銀:招行(03968.HK)高管變動令人憂未來策略及執行力 料短期股價波動
瑞銀髮表告表示,就市場傳言稱招商銀行(03968.HK)高層遭到協助調查,觸發招商銀行(600036.SH)近日股價下挫,而招行其後亦公佈同意免去田惠宇的行長及董事職務。
該行表示,招行優質管理層團隊一向是其成功主要因素之一,將關注新行長人選,估計招行近期股價難免呈波動,預計管理層變動將令人關注對招行旗下對零售銀行戰略的潛在影響、招行管理層重組後的執行力亦將成爲市場關注焦點,而該行相信內部提拔的新行長將會是一個積極的結果,料可以保持投資者對銀行戰略連續性的信心。
瑞銀表示雖然仍然看好招行強大的零售業務和良好的基本面,但認爲其不確定性已大大增加,並預計近期股價波動,因爲投資者可能會等待進一步釐清相關發展情況纔會吸納該股。
該行維持對招行H股「買入」投資評級及目標價74.3元。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.