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惠譽:香港仍是內地券商離岸戰略要地 續受惠利好兩地資本市場政策
惠譽評級表示,即使近期資本市場疲軟,但香港仍是中國證券公司的離岸戰略要地。在利率攀升、地緣政治局勢持續以及中國經濟增長放緩之際,恆生指數2023年應聲下跌14%,為連續第三年下跌,令香港成為亞太地區表現最弱的股市之一。 惠譽評級指,在港中資券商的獨立財務狀況因盈利承壓而表現較弱,並未改變惠譽對於母公司對其支持意願的觀點,因為相關部門不斷出台促進內地與香港資本市場和其他金融活動往來的措施,此舉應會提高子公司對母公司的角色重要性。 惠譽認為,香港市場對中國證券公司而言具有戰略重要性,因為互聯互通的跨境資本產品服務對於當前商業環境至關重要。香港證券公司的牌照為內地母公司提供境外資本服務以滿足客戶不斷增長之需求所必需。 惠譽認為,那些旨在加強香港與中國資本市場和金融活動整合程度的舉措將進一步提升香港作為中國證券公司進行海外擴張的戰略要地的地位。儘管如此,如果市場參與者開始認為香港作為國際金融中心缺乏多元性,過度依賴內地市場以及進一步融入內地資本市場活動或會導致流入香港的資本減少。
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