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.
大行評級|大摩:友邦及中國平安仍為保險股首選 內銀股偏好郵儲銀行及寧波銀行
摩根士丹利發表報吿指,把近期內地政策與歷史政策行動及金融系統數字比較,以檢視對信貸及風險週期的影響。該行相信政策溝通改善將減少重大下行風險及風險溢價。該行認為,近期政策轉向並非180度改變,但有助改善在週期餘下時間的信心。新政策論調或有助投資者關注本週期以後的前景,但物業及工業週期仍會在明年下半年才見底。
該行相信保險股最能於經濟下行風險減少及長遠成長理性但更具週期性的環境中受惠,有關股份目前估值仍然吸引,友邦及中國平安仍為保險股首選。高股息銀行亦受惠風險憂慮降低,該行偏好郵儲銀行及寧波銀行。
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.