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《大行报告》摩通料全球经济上半年陷较深衰退 对中资股短期维持审慎态度
阿思达克 03-23 12:19
摩根大通发表中国市场策略报告,随着新冠疫情自2月以来在全球蔓延,触发全球金融各类资产市场动荡,全球股市面临沽压,虽然留意到MSCI中国指数近期相对跑赢新兴市场及已发展市场指数,但认为新冠疫情蔓延会对中国未来经济复苏构成外部风险,该行估计全球经济於今年上半年将陷入较深衰退。

该行指,已下调中国2020年经济增长预测,由原来升2%降至1.1%,料中国今年第一至第四季经济按按年各跌8.5%、升1%、升5%及升5%。

摩通表示,对中资股短期前景维持审慎态度,但仍料中资股可相对跑赢大市,料疫情会改变消费者行为,包括医疗、零售杂货、网游、电子商务等,相信内房、工业可潜在受惠政策,相信派息较高股份在低息环境下会获市场注视。

该行表示,上调对中国电讯服评级至「中性」,上调中移动(00941.HK)在该行中资股模拟组合中的比重,在组合中新纳入在美上市的好未来教育(TAL Education Group) ,同时下调对内银及唯品会在模拟组合中的比重。

摩通建议增持的板块有医疗、公用、消费必需品、工业及内房,而该行最新的中资股首选股名单包括万科(02202.HK)、药明生物(02269.HK)、高鑫零售(06808.HK)、阿里巴巴(在美上市股份)及

长江电力(600900.SH)。

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