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《大行报告》大摩中资股仍未是时候低位买入维持原材料板块「增持」评级
阿思达克 06-04 16:02

摩根士丹利发表中资股市场报告,由於不明朗因素持续增加,投资者看法更审慎,该行认为目前仍未是时候作低位买入(Buy On-the-Dip)。该行指,对恒指基本情境目标为28,000点,国指目标10,720点,即潜在升幅有限。

该行指,短期存在的下行风险包括,近期人民币兑美元汇价转弱(该行料短期或跌至6.82水平,至今年年底回升至6.6水平),及宏观经济复苏受到干扰。

大摩维持对原材料板块「增持」评级,因预期未来政策将投放在基建;下调对汽车及内银行业评级至「与大市同步」。该行建议投资者短期留意低啤打值、高息及美国业务收入占比较少的股份。

该行亦挑选出料受中美贸战升级影响下业务表现仍具韧性的中资股名单,包括嘉里建设(00683.HK)、九龙仓(00004.HK)、国电南瑞(600406.SH)、康哲药业(0867.HK)、中国财险(02328.HK)、昆仑能源(00135.HK)、新奥能源(02688.HK)、华润燃气(01193.HK)、华能电力(00902.HK)、华润电力(00836.HK)、国药(01099.HK)及冀东水泥(000401.SZ)。

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