You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
大摩:予長城汽車(2333.HK)“減持”評級 原材料價格壓力或影響次季表現
格隆匯 06-11 16:27

摩根士丹利發表研究報吿指,儘管長城汽車(2333.HK)正處於強勁的產品週期中,但預期將會維持温和的月度銷售,並指眾多新車型的推出所帶來的稀釋效應,認為當中的負面影響或早已浮現,將會對短期內股價造成影響,予H股目標價16港元及“減持評級。

該行表示,預期公司的品牌“坦克”將有上行發展空間,但指其受惠於規模的盈利或面臨不確定性,因近期的產能短缺,亦預期原材料價格上升及受晶片短缺所影響的其產品組合,將使盈利持續受壓。

該行續指,隨着原材料價格上升,預期相關壓力將持續對公司第二季業績帶來影響,而最近的鋼鐵價格由年初至今已平均上升約20%至30%。

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.
uSMART
Wealth Growth Made Easy
Open Account