《大行報告》花旗:不認爲恆大(03333.HK)危機爲中國雷曼事件 調整爲吸納優質內銀機會
花旗發表報告指,中國恆大(03333.HK)的違約危機及影響蔓延,令中國的金融體系有潛在系統性風險。至去年年底,中國銀行體系有41%的資產直接或非直接與房地產行業有關。
不過,該行認爲是次恆大危機不會成爲中國版的雷曼事件,因政策制定者料會堅持防範系統性風險的底線,爲化解債務風險爭取時間,並就整體信貸環境推行邊際寬鬆。
該行估計,在高風險發展商中有最高信貸風險的內地銀行爲民生銀行(01988.HK)、平安銀行(000001.SZ)及光大銀行(06818.HK),南京銀行(601009.SH)及郵儲銀行(01658.HK)則較不脆弱,而該行會將任何調整視吸納優質內銀的機會。
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