花旗:內房1月銷售額按年跌44%,行業首選華潤置地等股
花旗研究部發表報吿指,31家上市內地房企的1月銷售額按年下跌44%,跌至5年低點,部分原因是疫情所致,估計情況可能從5月開始才會回穩。該行行業首選為華潤置地(1109.HK)、龍湖(0960.HK)、保利置業(0119.HK)、旭輝(0884.HK)。
花旗表示,儘管託管貸款放寬和資產處置漸增,但內房流動性仍然緊張,境內資產的買家以是國有企業為主,預計下一個政策窗口可能在3月中旬、兩會之後。
花旗預計,“三條紅線”政策下的紅檔內房有恆大(3333.HK)、富力(2777.HK),橙檔有禹州(1628.HK)、融創(1918.HK),由綠檔跌入黃檔的有世茂(0813.HK)、雅居樂(3383.HK)、融信(3301.HK)、寶龍地產(1238.HK),旭輝崛起為綠檔。該行預期,為保留現金,內房削減股息支付似乎是無可避免。
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.