《大行報告》匯豐研究料地方專項債或可引發7.2萬億人幣投資看好中鐵建、潤泥及中聯重科
匯豐環球研究發表報告,據內媒報道內地將允許將專項債券作為符合條件的重大項目資本金,相信此可為內地未來數月基建投資增長帶來潛在改善。據《21世紀經濟報道》指今年地方專項債券發行規模定在2.15萬億人民幣,將可拉動更多投資;而該行估計倘若均作於資本性項目,料可帶來相當7.2萬億人民幣的潛在投資額度。
該行指,內地截至4月底止今年以來基建投資按年升3.8%,增速低於GDP增長,但無論如何,料內地未來數月基建投資有兩大因素可推動其改善,首先是2018年同期基數較低、第二是內地將允許將專項債券作為符合條件的重大項目資本金。
匯豐環球研究料,中國總體基建投資增長可最少達到與GDP增速水平(約6%),並指該行在中資基建相關股份,喜愛中國鐵建(01186.HK)、中國建築(601668.SH)、華潤水泥(01313.HK)、三一重工(600031.SH)及中聯重科(01157.HK),均予「買入」投資評級。
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