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《大行報告》美銀證券下調中金公司(03908.HK)目標價至17.85元 評級「買入」
阿思達克 08-31 16:06
美銀證券發表研究報告指,中金公司(03908.HK)上半年淨利潤按年跌7%至36億元人民幣,符合預期;經調整經營溢利升2%至124億元人民幣;費用收入降10%。由於加息週期離岸利息支出大增,淨利息收入下降13%。由於預計投資銀行收入較低,該行將集團2023年盈測削減12%,但預期IPO活動將會恢復,因此維持2024至25年的盈測,又將目標價下調2%,由18.3元降至17.85元,維持「買入」評級。 該行表示,由於券商再融資的政策收緊,相信集團不會在今年進行融資,其淨穩定資金比率為134%,仍高於120%的警戒水平。另外,如果監管機構放鬆槓桿規定,集團或會因而受惠。
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