《大行》摩通:內地證券股估值仍遠低於2015年高峯 首選中金(03908.HK)及華泰(06886.HK)等
摩根大通報告指,微信指數顯示「牛市」論述正在發展,平臺上關於「牛市」討論過去數週穩步增加,但仍遠低於去年「924時期」高峯。媒體報道亦顯示,近期投資者諮詢和開設券商賬戶的要求有所增加,但絕對數量低於去年「924時期」。證券時報報道稱,近期新賬戶開設和融資賬戶開設有顯着增長,部分券商推出7 x 24線上開戶流程,應對日益增長的需求。
報告認爲,零售投資者中「牛市」論述正獲得越來越多認可,然而證券業估值仍遠低於2015年牛市時的高峯。預計市場上漲趨勢將進一步增強,因槓桿水平保持適中,且估值並不苛刻。該行建議投資者通過券商增加市場風險敞口,首選股爲中金(03908.HK)、東方財富(300059.SZ)及華泰證券(06886.HK)(601688.HK)。
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