華泰證券:看好港股軟件產業機遇
華泰證券認為,目前港股軟件的核心矛盾點在於港股流動性的缺失,使得這些軟件企業估值波動較大。2020年至今,港股軟件板塊跌幅平均為72%,估值處於較低位置。從基本面來看,港股軟件企業在過去兩年基本面或已觸底,收入和淨利潤增速出現了不同程度的回落。我們認為,隨美聯儲進入降息週期,國內推出一系列降準、降息等積極的重磅貨幣政策,並宣佈創新政策工具活躍股市,海內外流動性或將顯著改善,市場情緒持續提振,港股軟件有望迎來階段性上升行情。
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