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《大行》中銀國際料今年北水淨流入1.2萬億人民幣 籲關注阿里、美團、中移、騰訊、中芯及理想
中銀國際發表研報指,雖然近期地緣政治風險上升,但香港銀行同業拆息(HIBOR)持續低企,隔夜拆息仍接近零的水平,反映香港金融市場流動性仍較充裕。截至6月18日,南向交易錄得強勁淨流入,北水規模達6,507億元人民幣,按年增長104%,該行認為主要是來自經濟復甦預期與地緣政治風險上升的雙重因素所驅動,預測內地投資者配置港股需求將維持強勁,2025年全年北水淨流入規模料將增長至1.2萬億元人民幣,對比2023及2024年分別為2,894億及7,440億元人民幣。 中銀國際建議投資者重點關注南向交易活躍個股,認為北水流入對改善港股市場投資氣氛及選股邏輯具有重要作用,相信資金會較青睞優質科技、高端製造、估值具吸引力及能提供較高股息回報的股份,包括阿里巴巴(09988.HK)(BABA.US)、美團(03690.HK)、中國移動(00941.HK)、騰訊(00700.HK)、中芯國際(00981.HK)以及理想汽車(02015.HK),全數給予「買入」評級。
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