大行評級丨大摩:建議投資者選擇性地投資雙重受惠於住宅開發及消費行業的企業 包括華潤置地及華潤萬象生活
摩根士丹利發表研究報吿指,政策影響減弱,中國主要城市去年12月二手房價一如預期轉弱,呈現波動性按月下跌,結果對上連續兩個月的升勢,考慮到放盤略為增加及季節性因素影響,目前預測今年首季內地住宅銷售可能面臨下行壓力。
該行認為,由於二手樓價更具競爭力,以及一手新盤因土地出讓量減少而持續下滑,因此二手房銷售表現會持續較一手房優勝。至於未來住房銷售的復甦步伐能否持續,大摩相信仍要取決於已公佈的政策如何快速協調和實施,以及當局可否為政策的推展提供充足資金,從而強化市場信心。
大摩建議投資者選擇性地投資雙重受惠於住宅開發及消費行業的企業,例如華潤置地及華潤萬象生活,同時看好綠城中國、中國海外及越秀地產等國有房企,因擁有較強防守能力。
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