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大行評級丨摩通:香港本地銀行股僅屬均值迴歸 業績看好中銀香港和大新銀行
摩通發表報吿指,香港銀行股第二季股價跑贏恒生指數,認為行業的尾部風險已經退減,支持股份均值迴歸,但並非估值重估。該行表示,有關內地商業房地產的尾部風險,其憂慮正在減退;另外個別銀行的股東回報亦有正面驚喜。不過雖然本地銀行股估值便宜,但基於撥備前經營利潤增長,以及信貸成本因素,估計今年上半年業績帶來正面驚喜有限,預期本地銀行股下半年表現將大致與恒生指數相若。摩通預期中銀香港(2388.HK)及大新銀行(2356.HK)上半年業績將跑贏同業。
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