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《大行報告》匯豐研究下調港交所(00388.HK)目標價至365元 評級「持有」
阿思達克 08-18 10:06
匯豐研究發表研報指,港交所(00388.HK)中期每股盈利按年下跌近27%,收入、日均成交額、IPO上市活動及投資表現均疲弱,與此同時營運開支卻上升。 該行表示,第三季市場活動預計將保持低迷,7月至今日均成交量已降至1,000億元,對比上半年為1,380億元,當中部分反映資金流動速度下降,同時IPO未見好轉,相信核心業務收入可能持續承壓。但憧憬存款利率上升和全球股市復甦,投資業績將有望改善。 港交所計劃贖回20億元的外部管理投資組合,將資金轉移至內部投資組合以降低風險,截至8月中旬轉移工作已完成近一半。 匯豐研究表示對業績持適度負面看法,維持港交所「持有」評級,將目標價從368元下調至365元,並將2022至2024年的每股盈利預測下調 4.4%、0.6%及0.8%。
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