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富瑞:內銀或獲發券商牌照 對工行及建行影響正面
格隆匯 06-29 12:38

內地傳媒報道,商業銀行有望獲發券商牌照,監管機構或會選擇工商銀行(1398.HK)及建設銀行(0939.HK)作試點。富瑞發表的研究報告指,措施將對該兩間銀行有正面影響。

富瑞認為,銀行進入經紀業務可能會對自身利潤產生有限的影響,但會改變經紀行業的格局;超過130家券商在激烈的競爭中,可能會加速併購。券商業去年總收入為3600億元(人民幣.下同),相當於工行的46%。中國最大券商中信證券去年利潤126億元,收入431億元,分別佔工行水平的4%和5.6%。

該行又指,根據商業銀行法,商業銀行禁止從事經紀業務。在修訂商業銀行法之前,試點影響可能不大,預計從承銷業務開始試點,銀行在設立經紀子公司之後的第一步,很可能將承銷業務擴展到所有債券和股票市場。

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