《大行報告》花旗:內需股下半年首選蒙牛、潤啤、滔博、李寧及高鑫等
花旗發表報告表示,內地消費股短期內受到新型肺炎疫情的打擊,但預期今年下半年消費帶動行業將恢復創新推動和高端化驅動的收入增長,當中首選蒙牛(02319.HK)、潤啤(00291.HK)、滔搏(06110.HK)、李寧(02331.HK)及高鑫(06808.HK)。
報告補充,長線而言,疫情預期可提高內地消費者之健康、營養及衛生意識,對於乳製品公司、紙巾公司及注重性能的運動服行業而言,是一個好兆頭。此外,疫情爆發亦令不少消費者由線下轉移至線上購買快速消費品以及增加在家煮食的次數。
該行預期,蒙牛於下半年會恢復由產品高端化帶來之毛利率擴張;潤啤則料會增加利潤較高的高端市場之市場份額;亦相信高鑫在新零售模式帶動下,今年盈利維持穩健增長;滔搏將會獲得Adidas及Nike的支持,盈利恢復更快;至於李寧銷售復甦比預期中好。
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.