中銀國際:預計9月批發同比轉為正增長 升吉利(0175.HK)評級至“買入”
中銀國際發佈報告稱,上調對吉利汽車(00175.HK)投資評級,由原來“持有”至“買入”,將目標價由11港元升至15港元,此相當預測2020年市盈率12倍,預計公司9月批發業務同比轉正增長,扭轉自去年年底以來下滑的弱勢。
據內地乘用車市場信息聯會(CPCA)銷售數據,9月首三週銷售持續不温不火,但該行除去不同工作日數、今年中秋節前的影響等因素後,估計9月行業需求復甦,相信會令投資者改變對內地汽車行業悲觀預期。據該行透過行業渠道瞭解,擁自身品牌的內地大型汽車製造商零售表現自本月中復甦。
該行估計,吉利9月批發銷售可轉為同比正增長,終止自2018年年底以來銷售持續下滑趨勢。從零售而言,預計吉利在“金九銀十”期間見需求改善,相信此值得期待,公司有能力跑贏同業。按基本預期,該行預計內地汽車業於明年可持續復甦。
該行表示,在中資汽車中喜愛吉利及長城汽車(02333.HK),在汽車代工製造商中喜愛廣汽(02238.HK) 、東風(00489.HK) 。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of this article is for reference only. It does not constitute an offer, solicitation, recommendation, opinion or guarantee of any securities, financial products or instruments.The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance.