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《大行報告》中金料港交所(00388.HK)上季盈利升11% 評級維持「跑贏行業」目標價400元
阿思達克 01-09 10:03
中金發表報告,預計港交所(00388.HK)去年第四季收入按年增長11%至53億元,主要是由於現金和衍生品市場的成交量提高,以及在加息和市場復甦的情況下,投資收入貢獻大幅增加。該行估計去年港交所的收入按年下降12%,至185億元。另料港交所去年第四季盈利按年增長11%至30億元,全年盈利按年下降20%至101億元。 該行指,去年11月和12月市場成交量的回升可能會促進港交所主要業務表現。去年第四季的日均成交額按年增長1%,按季增長30%,至1,272億元,原因是預期海外加息放緩、防疫措施優化等。而由於早前市場疲軟,去年第四季的IPO融資額料按年下降32%,約為309億元,但與上半年約200億元相比仍有明顯改善。 中金指,基本維持對港交所去年和今年的盈利預測,並預計明年盈利為143億元。評級維持「跑贏行業」,目標價400元。
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