穆迪將潤地(01109.HK)等六間內房信貸評級展望降至「負面」
評級機構穆迪繼早前將中國房地產行業評級展望從「穩定」下調至「負面」後,最新亦將華潤置地(01109.HK)、中海外(00688.HK)、萬科(02202.HK)、綠城中國(03900.HK)、越秀地產(00123.HK)及中國金茂(00817.HK)信貸評級展望降至「負面」。
穆迪稱,降級是要反映房地產開發商在未來12至18個月內恢復與目前評級相稱信貸指標的能力存在不確定性,而中國房地產市場的復甦前景亦未明,認為這些公司迫切需要解決債務負擔並改善營運業績,以在未來幾個月內恢復穩定並維持信貸評級。
穆迪提到,房地產行業的根本性轉變、銷售增長前景以及盈利能力下降將為華潤置地帶來挑戰,並抵銷公司去槓桿化的努力。穆迪又指,雖然近期一線城市政策鬆綁帶來支持作用,不過仍然預計萬科未來一至兩年合約銷售將有所回落,這或會削弱公司的財務指標。
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