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大摩:疫情對內房銷售影響已反映 首選世房(0813.HK)等3股
格隆匯 04-22 12:29

摩根士丹利發表報告指出,新冠狀病毒疫情對今年中國房地產商銷售的影響已經基本反映在股價中,目前行業基本面正往有利的方向發展,考慮到銷售、盈利預期、土地儲備、槓桿及估值等因素,將世茂房地產(0813.HK)、融創中國(1918.HK)及旭輝控股(0884.HK)列為首選股,其中將世房目標價由29.81港元升至41.63港元;旭輝目標價由6.83港元升至8.51港元;至於融創目標價則為55.23港元,三者均維持“增持”評級。

大摩認為,考慮到疫情對經濟增長帶來的壓力,中國地方政府已開始採取措施支持樓市,有利內房企業銷售復甦,而且境內宏觀信貸環境整體寬鬆,對於地產企業離岸再融資風險的擔憂也已經大幅緩解。由於目前內房股的估值接近2010年以來的歷史低位,因而具有吸引力。

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