《大行報告》瑞信料匯控(00005.HK)正尋求增加利率對沖規模 提升淨利息收入穩定性
匯豐控股(00005.HK)今早股價抽高近5.8%報43.85元。瑞信近日發表報告表示,匯豐控股財務總監邵偉信舉行證券界的投資者會議,分享關於淨利息收入和利率敏感度的看法。邵偉信指,匯控管理層根據英鎊貶值及淨利息收入的影響進行調整後,該指引相當於上調了15億美元,公司管理層似乎正在尋求增加利率對沖的規模,這可能會增加淨利息收入的穩定性並降低對較低利率的敏感性。
匯控在討論2023財年的淨利息收入指引中,包含的一些組合轉變假設,料2023年的定期存款的份額,會從36%進一步增加到45%,並有望穩定在2019年以上的水平。匯控管理層預計將在今年第四季度細化這一數字。
該行引述匯控管理層料中國商業房地產或需要比2023年更長的時間才能恢復,指集團中期階段的相關總風險敞口為198億美元,其中117億美元屬於離岸,60%以上屬住宅類別,其餘則是商業和工業資產。(wl/u)
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