《大行報告》匯豐研究:中銀香港(02388.HK)淨息差及按揭貸款增長改善 涉內房風險可控
匯豐研究發表研報指,中銀香港(02388.HK)管理層反映見到淨息差、按揭貸款需求及香港宏觀形勢等方面都有改善,其中利率穩定上升或有利於中銀香港的淨息差。
匯豐研究預期,中銀香港的淨息差已在首季見底,從第二季起可能會進一步改善,但由於香港流動性充裕,預期港元利率可能需要更長時間才能趕上美元利率。
該行又指,中國內地房地產風險佔中銀香港賬面貸款6.3%。國企及民營房企比例分別為77%和23%,認為風險可控。
匯豐研究指出,中銀香港預計派息率將保持在40%至60%的指導範圍內,由於淨息差預期上升、經濟狀況與貸款需求改善,以及過往資產質素記錄良好,重申對中銀香港的正面看法,維持「買入」評級及目標價34.5元。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of this article is for reference only. It does not constitute an offer, solicitation, recommendation, opinion or guarantee of any securities, financial products or instruments.The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance.