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郭家耀: 通脹憂慮升溫美股挫 濠賭股估值修復料有限
安里資產管理董事總經理郭家耀稱,美股周二(18日)急挫,油價上升加劇通脹憂慮,美國十年期債息升至兩年高位,拖累大市表現,三大指數均錄得顯著跌幅收市。美元走勢向上,美國十年期債息升至1.87厘水平,金價表現偏軟,油價走勢向好。港股預託證券個別發展,預料大市早段跟隨外圍低開。 內地股市上升,滬綜指低開高走,收市上升0.8%,滬深兩市成交額增加至1.2萬億元人民幣水平。 港股昨日先升後回,指數在24,000點樓上爭持,大市成交保持清淡。市場憂慮息口抽升,對增長型股份表現有所影響,新經濟股普遍偏軟,預料指數或下試23,800點支持,上方阻力在24,500點水平。 另澳門政府日前公布修訂《娛樂場幸運博彩經營法律制度》草案,建議發放最多6個賭牌,並禁止副牌的轉批,賭牌年期縮減至不多於10年,只在例外情況下可延長最多3年。其他主要內容包括,增加賭牌資本金至50億澳門元,提升澳門出任的常務董事的佔股比例至15%,並限制承批公司或其屬控權股東的公司的上市流通股比例等等。至於修訂草案公開諮詢時,曾建議在博企中引入政府代表,最終未有落實。此外,當局也曾建議博企在派息前要預先獲批准,相關條文最終沒有在草案中出現,改為賭牌持牌公司作重大財務決定前,需通知政府。博彩稅方面,鑑於澳門博彩稅較其他地方高,考慮到博彩業健康發展對民生影響,暫無意調整稅率。政策不明朗消除,預料澳門博彩股估值有修復空間,但由於貴賓廳業務將會大幅萎縮,整體博彩收益難以回復至以往水平,限制股價進一步上升空間。 (筆者為證監會持牌人,沒持有上述股份)~
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