You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
《大行報告》花旗:內銀今年淨息差壓力持續
花旗發表研究報告指,涵蓋的13間中國銀行公布去年第四季的撥備前利潤(PPOP)按年降9.4%,主要是受到疲軟的淨息差和交易收益所拖累。由於信貸成本較低,去年第四季稅前淨利潤增長更快,按年增長6.5%。招商銀行(03968.HK)在去年第四季錄最強勁的撥備前利潤增長,錄得按年增長3.7%,而郵儲銀行(01658.HK)表現最為遜色,按年下跌31.5%。 該行預計,內銀今年首季收入將繼續疲弱,銀行管理層認為,淨息差壓力是今年的最大挑戰,尤其是在今年首季。儘管銀行可以釋放準備金以緩衝首季的盈利增長,但該行認為疲軟的業績將影響銀行股,並相信在今年第一季的業績後,買入機會將變得更具吸引力。首選招商銀行(予「買入」評級及目標價53.7港元)和寧波銀行(002142.SZ) (予「買入」評級及目標價41.74元人民幣)。
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.
uSMART
Wealth Growth Made Easy
Open Account