智通财经APP获悉，里昂发布研报称，展望明年仍将是香港综合企业迎来众多催化剂的一年，目前预测2026年度香港综合企业经常性利润将增长约5%，加上美元弱势可提供一定支持，相信一众综合企业会持续积极提升股东回报，料明年派息可同比提升约3%，建议投资者在等待催化剂期间可透过收取股息来获取合理回报。
该行指出，港股综合企业现价对应每股资产净值有约32%折让，而2026年预测股息回报率达4.6%，略高于过去十年平均4.5%水平，目前首选股为长和(00001)及周大福创建(00659)，认为其风险回报水平最为吸引，目标价分别升至61港元及9.6港元，亦看好第一太平(00142)及太古A(00019)，目标价8.2港元及74港元，全数给予“跑赢大市”评级。
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.