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》匯豐研究上調洛鉬(03993.HK)目標價至4.9元 評級「持有」
阿思達克 02-07 15:58
匯豐研究發表報告,指洛陽鉬業(03993.HK)由於樂觀的今年生產指引和鉬價飆升,上周H股股價累升約10%,但由於與剛果(金)政府的持續爭議,指引及盈利仍有下行風險,需求穩定後,鉬價亦可能很快降溫。該行重申集團H股的「持有」評級,目標價由4.6元上調至4.9元。 該行認為,目前的現貨鉬價水平並不可持續,因為在疲弱的宏觀背景下,很難將成本轉嫁給消費者,預計內地需求在假期激增後或會在第二季企穩。 該行表示,在與Gecamines的談判中,洛鉬最好的結果是在沒有一次性補償金的情況下為其未來的銷售支付額外的特許權使用費;其特許權使用費增加的幅度亦將是一個問題。該行相信,雙方很快會達成和解,因為將銷售和稅收收入恢復到正常水平符合雙方的利益。在爭議解決前,該行料洛鉬股價或回軟。
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