大行評級|高盛:上調港交所目標價至431港元 上調今年至2027年每股盈測
高盛發表報吿表示,港交所去年第四季盈利大致符合預期,預期會有更多新股及南向資金參與去推動股市交易量上升。港交所管理層提出今年的五大工作重點,一是縮小港交所小型和大型股票的最小買賣差價,首階段料今年年中開始,而據平均每日成交額計,約一半港交所股票的買賣差價可能減半;二是潛在的T+1結算週期,港交所可以技術上在年底準備好,不過市場及生態圈亦需做好準備;三是檢視新股規則的可能性,包括上市前後的合規;四是Orion衍生平台的發展,將於2028年推出,最後是探索與現有股市優勢相輔相成的相關業務,例如數據平台及綜合基金平台等。該行考慮到港交所上財季業績以及近期勝預期的交易量,上調港交所今年至2027年的每股盈利預測分別6%、4%及4%,將目標價由410港元上調至431港元,維持“買入”評級。該行認為,港交所已確實進入交易量,導致每股盈利上升的週期,對股價而言是利好消息。
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