智通财经APP获悉，大华继显发布研报称，维持港交所(00388)“买入”评级，目标价上调至552港元(原本550港元)， 相当于2026年预测市盈率约36倍。去年第四季业绩表现强劲，受惠于净利息收入的一次性收益及成本控制得宜，期内主要业务收入大致符合预期，主要来自于商品交易强劲及新股上市带动的收入增长。季度纯利同比增长15%至43亿港元，较该行及市场预期分别高出11%及15%。
报告提及，港交所第二次中期息每股6.52港元，同比增长33%，全年股息12.52港元，派息比率达90%。第四季净投资收益达12亿港元，较该行预期高55%。年初至今，日均成交额已由第四季的2,300亿港元回升至2,600亿港元，大华继显维持对今年日均成交额的正面看法，预期进一步的盈利预测上调将成为其估值重估的催化剂，将今明两年盈利预测分别上调4.7%及2.7%，全年日均成交额预测调整至2,620亿及2,720亿港元。
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