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《大行報告》瑞信:允許A及H股市場再融資有助穩定內房流動性 平安銀行(000001.SZ)最受惠
中證監決定在股權融資方面調整優化五項措施支持內房行業,包括恢復涉房上市公司併購重組及配套融資,恢復上市房企和涉房上市公司再融資等。瑞信發表報告,指該等措施將有助於穩定房地產開發商的流動性。最近密集發布的新政策顯示內房問題的緊迫性,以及政策制定者緩解房地產風險的堅定決心。 報告指,今次措施是重大的放鬆,標誌著股票市場監管部門對房地產行業的態度出現轉折點。該行舉例指,2016年中證監收緊併購重組規則以遏制後門上市後,地產公司在A股市場的融資就枯竭。因此該行認為,政策力度將進一步加大,直至房地產風險化解。該行料平安銀行(000001.SZ)最受惠,而招商銀行(03968.HK)、信行(00998.HK)等也將享有上升空間。至於郵儲銀行(01658.HK)等亦可能從內地經濟的系統性風險減少中受惠。
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