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《大行報告》星展:予恆指未來一年目標24,600點 薦包括中銀(02388.HK)等十隻推介股
星展發表港股市場策略報告,美國通脹率已達到40年來的最高水平,目前未沒有放緩的跡象,指通脹是全球經濟正面臨的最大挑戰,但認為中國溫和的通脹數據為其進一步刺激措施鋪平了道路,料港股於今年下半年的市場風險偏好可改善,因潛在受惠於中國進一步刺激措施。 該行表示,由於美國通脹高企,美聯儲局早前已將其聯邦基金利率大幅上調了75個基點。雖然該行預計美聯儲今年將再加息50個基點三次及25個基點一次,並希望屆時通脹可望見頂,並估計未來幾個月全球股市缺乏積極的催化劑。但與其他發達國家相比,中國的通脹數據正在放緩,該行認為中國/香港股市可以免受全球通脹環境帶來的衝擊。 星展表示,重申對恆指未來12個月目標為24,600點,指恆指的估值具有吸引力(低於預測今年市盈率10倍水平),因為市場對港股持倉屬低配,未來或迎來反彈。該行估計可再生能源、汽車和基礎設施行業可受惠政策支持,亦估計市場焦點應轉向新經濟板塊。該行亦認為香港銀行享有「順風」,料可受惠於是美國加息。 該行亦列出其最新港股推介名單,包括友邦(01299.HK)、中銀香港(02388.HK)、比亞迪(01211.HK)、龍源電力(00916.HK)、蒙牛(02319.HK)、京東(09618.HK)、領展(00823.HK)、美團(03690.HK)、中國平安(02318.HK)及騰訊(00700.HK)。
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