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《大行報告》摩通料內地車市需求第四季復甦 首選廣汽(02238.HK)
阿思達克 09-13 15:16

摩根大通發表研究報告,指雖然有一半該行覆蓋的內地汽車股的業績表現差過預期,但此板塊的股價在過去一個月錄得小幅反彈。最新的行業銷售、定價及庫存數據確認該行認為行業需求在8月份維持疲弱的看法,但在庫存水平非常低及持續降價下,情況應會逐漸改善。該行相信,在低基數效應下,需求將會在今年第四季或明年有所復甦。

該行表示,若交易量復甦的情況確實發生,會較看好代工生產的企業,首選廣汽集團(02238.HK),主要是受惠於新的產能及其兩個日本合資公司推出新型號。而東風集團(00489.HK)及北京汽車(01958.HK)也受惠於低估值及吸引的收益率。

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