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大行評級|摩根大通:內銀股首選招商銀行 相信收入和利潤有望在2025年回升

摩根大通發表研究報吿指,內地實施一系列政策組合拳,措施涵蓋內房和股票市場。該行認為,中國人民銀行釋放長期流動性逾5,000億元人民幣以支持券商、保險企業及基金公司於市場購買股票,這是一個重要的利好因素,並部分導致市場反彈。該行表示,內銀股價反彈是因為降息對盈利的淨負面影響低於3%,小於預期;加上房地產措施降低了不良貸款比率的形成。然而,在目前股價反彈之後,投資者或對國有內銀股先行獲利,並在銀行公佈資本注入計劃更加明朗化之後重新作出檢視。

摩根大通表示,內銀股中首選招商銀行,相信其收入和利潤有望在2025年回升,非利息收入亦有潛在上升空間。

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