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.
大行評級丨瑞銀:內銀首季盈利表現遜預期 關稅影響能見度仍然有限
瑞銀髮表報告指,內銀首季盈利表現遜預期,盈利增長勢頭放緩反映了持續的營業額壓力,以及在零售不良貸款比率上升和即將來臨的關稅影響下減低減值損失的空間較小,至於關稅影響能見度仍然有限。該行預期,內銀淨息差仍然受壓,但幅度可能收窄。國有銀行的淨息差平均按季下降5個基點,與該行預測基本一致。展望未來,內銀普遍預期淨息差的下行壓力將隨着LPR的下調而持續,但也注意到一些有利因素,包括存款利率的同步下調,以及通過有針對性的貨幣政策工具降低融資成本。該行預計,在市場不明朗的情況下,中資銀行股仍可保持韌性,預計內銀股價對第一季業績普遍反應負面,繼續看好估值偏低及股息率高的銀行股,例如中信銀行、建行及工行。
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.