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《大行報告》瑞銀降保利協鑫(03800.HK)目標價至0.79元評級「買入」
阿思達克 06-11 10:39

瑞銀發表研究報告,指保利協鑫(03800.HK)准單晶矽出貨量可能會好過預期,有6GW的訂單已入帳,公司對2019年整體晶圓出貨量指引為26-27GW,相當於按年增長5%。

此外,該行指若果保利協鑫出售旗下太陽能發電廠資產,可顯著減輕槓桿率和財務費用(於2018年,公司約37億元人民幣財務開支中,有24億元人民幣來自協鑫新能源(00451.HK))。公司於6月4日公布與華能集團簽署協議,將可能向華能集團出售協鑫新能源51%股權。雖然交易未最終確定,但瑞銀相信成事機會很大,因為華能有動力增加其於可再生能源領域的覆蓋,以抵銷燃煤發電的下行風險。瑞銀將保利協鑫目標架由0.82元降至0.79元,評級「買入」。

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