大行評級|花旗:中國銀行股下行空間有限 首選建行及工行
花旗表示,看到多重催化劑將加速共同基金和保險公司對股市的投資,並推動家庭資產向股票重新配置,特別是大盤ETF及高收益率股票,利好指數權重高且高股息的中國金融機構。儘管2025年第二季度預計業績可能平淡,但花旗認為中國銀行股下行空間有限,因股價任何修正可能導致更高的股息收益率,促使投資者重新審視/底部撈底中國銀行股。該行指,內銀首選包括建行及工行,因股息收益率高;保險公司也是共同基金改革的主要受益者,結合強勁的新業務增長、投資回報提升、監管順風及低估值,偏好中國平安。
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