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《大行報告》中金:匯金公司入市有利穩定投資者信心
中金髮表研究報告指,工商銀行(01398.HK)、農業銀行(01288.HK)、中國銀行(03988.HK)、建設銀行(00939.HK)四大國有商業銀行分別獲匯金公司增持,分別爲2,761萬股、3,727萬股、2,489萬股、1,838萬股。匯金公司擬在未來6個月內繼續在二級市場增持四大行。該行相信,匯金公司入市不僅爲市場帶來邊際增量資金,也有利於穩定投資者信心。 該行認爲,股東增持突顯出對四大行基本面及股價的信心。另外,根據歷史紀錄,在大多數匯金公司增持後,四大行的股價均在一至三個月內出現約10%的明顯反彈。因此,該行認爲,是次增持有望提振市場信心。 該行表示,雖然城投化債和地產風險下對銀行息差和利潤仍存在壓力,但隨着穩健增長政策逐漸見效,預期市場憂慮情緒可望緩解。該行繼續推薦高股息、低估值的國有大行,包括農銀、交行、郵儲等。
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