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.
《大行報告》匯豐研究:中國房地產行業風險持續上升
匯豐環球研究發表報告指,內地房地產行業的風險持續上升,每個主要的房地產指標仍穩定處負數區域,連鎖反應繼續在市場廣泛傳播。該行早前將注意力轉至上遊供應商即將受到的現金流影響,以及信貸市場能否提供協助。然而,在沒有改善跡象下,該行現時關注四個與房地產相關行業的最新發展,包括建築材料、建築公司、房地產發展商和銀行。 其中,匯豐指建築材料需求仍然疲弱,且價格下跌,隨着能源成本飆升,材料生產商面臨更高投入成本。而房地產市場動態仍然不明朗,7月物業銷售仍呆滯,該行於鄭州實地調查發現,市場情緒悲觀,廣泛拒付房貸意味更多發展商違約的風險並未消除。另外,雖然市場知道銀行對發展商貸款的風險,但基礎材料和建築公司面臨困境,亦可能增加銀行資產負債表的壓力。 於四個房地產相關行業中,該行選股喜好包括海螺水泥(00914.HK),目標價47元;中國建築國際(03311.HK),目標價12.3元;工行(01398.HK),目標價7元;建行(00939.HK),目標價8.7元;交行(03328.HK),目標價6.5元;中海外(00688.HK),目標價29元;及潤地(01109.HK),目標價47.4元。所有股份評級均爲「買入」。
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