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《大行報告》大摩中資股仍未是時候低位買入維持原材料板塊「增持」評級
阿思達克 06-04 16:02

摩根士丹利發表中資股市場報告,由於不明朗因素持續增加,投資者看法更審慎,該行認為目前仍未是時候作低位買入(Buy On-the-Dip)。該行指,對恆指基本情境目標為28,000點,國指目標10,720點,即潛在升幅有限。

該行指,短期存在的下行風險包括,近期人民幣兌美元匯價轉弱(該行料短期或跌至6.82水平,至今年年底回升至6.6水平),及宏觀經濟復甦受到干擾。

大摩維持對原材料板塊「增持」評級,因預期未來政策將投放在基建;下調對汽車及內銀行業評級至「與大市同步」。該行建議投資者短期留意低啤打值、高息及美國業務收入佔比較少的股份。

該行亦挑選出料受中美貿戰升級影響下業務表現仍具韌性的中資股名單,包括嘉里建設(00683.HK)、九龍倉(00004.HK)、國電南瑞(600406.SH)、康哲藥業(0867.HK)、中國財險(02328.HK)、昆侖能源(00135.HK)、新奧能源(02688.HK)、華潤燃氣(01193.HK)、華能電力(00902.HK)、華潤電力(00836.HK)、國藥(01099.HK)及冀東水泥(000401.SZ)。

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