《大行報告》高盛:人行維持LPR不變符預期 籲買建行(00939.HK)及工行(01398.HK)
高盛發表報告指,人民銀行於上周六(20日)公布維持貸款市場報價利率(LPR)不變,一年及五年期分別保持於3.85%及4.65%,符合預期,支持了其較少寬鬆,及銀行淨息差(特別是大型銀行)擴展的看法。
該行表示,農曆新年過後令市場驚訝的是,人行在農曆新年後兩天迅速撤走3,400億元人民幣的流動性,而令市場更有驚喜的是內銀有更好的淨息差,由其是大型銀行。
高盛重申對建行(00939.HK)及工行(01398.HK)的「買入」評級,目標價分別8.49元及6.8元。該行提到,包括工行、建行、農行(01288.HK)、中行(03988.HK)、交行(03328.HK)及郵儲行(01658.HK)的內地大型銀行去年第四季盈利料增逾60%,更重要的是大型銀行上季淨息差估計按季增長1個基點,對比中型銀行為下跌2個基點,相信大型銀行今年的淨息差會繼續上升。
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