郭家耀: 憂地緣政局美股急挫 招行(03968.HK)高層變動惹關注
安里資產管理董事總經理郭家耀稱,美股周二(26日)大幅向下,市場再度憂慮地緣政局風險,加上投資者關注企業業績消息,大市低開後持續向下,三大指數均錄得顯著跌幅收市。美元走勢強勁,美國十年期債息回落至2.72厘水平,金價及油價低位反彈。港股預託證券普遍向下,預料大市早段跟隨低開。
內地股市反覆下跌,滬綜指高開低走,收市下跌1.4%,滬深兩市成交額略為縮減。
港股連日急跌後有反彈,大市一度重上20,000點水平,但升勢未能持續,尾市升幅顯著收窄,大市成交維持清淡。外圍走勢持續波動,加上內地疫情消息困擾,預料指數進一步下試19,200點水平,上方阻力在20,500點附近。
另招商銀行(03968.HK)公布首季盈利增長12.5%至360.2億元人民幣(下同),期內營業淨收入919.9億元,按年上升8.4%。其中淨利息收入544.6億元,按年增長9.9%;非利息淨收入375.35億元,按年增長6.2%。3月底不良貸款餘額541.3億元,較上年底增加32.7億元;不良貸款率0.94%,較上年底上升0.03個百分點;撥備覆蓋率462.68%,較上年底下降21.19個百分點;貸款撥備率4.35%,較上年底下降0.07個百分點。首季的淨利差及淨利息收益率分別為2.39%及2.51%,按年分別下降5和1個基點,主要受近來市場利率下行的累積影響,生息資產收益率有所下降。同時,集團持續提升客戶存款佔計息負債比重,一定程度上彌補生息資產收益率下降的影響。
資本充足率方面,3月底集團核心一級資本充足率12.71%,一級資本充足率14.89%,資本充足率17.29%。整體業績大致符合預期,不過手續費收入略差於預期,主要受市況不振影響。市場亦關注前行長田惠宇突然被免去行長及董事職務,中紀委日前公布田惠宇涉嫌嚴重違紀違法,目前正接受紀律審查和監察調查,投資者憂慮對招行的影響,預料股價短期仍持續波動。
(筆者為證監會持牌人,沒持有上述股份)~
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