You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
《大行報告》野村新城發展(01030.HK)投資者可能需長時間重建信心惟相信短期基本面影響有限
阿思達克 07-04 10:47

野村發表報告指,據內地傳媒報道,新城發展控股(01030.HK)董事長王振華涉猥褻女童於上海被刑事拘留,有關新聞隨後被上海市公安局普陀分局證實。其後新城發展董事會決定王振華離任主席一職,並由其兒子王曉松接任。

該行認為,有關事件可能嚴重損害新城發展的公司管治記錄,可能需要很長時間重建投資者信心,目前正重新審視對集團股份的目標價,但相信事件對集團短期基本面(如現金流及日常運營方面)影響有限。

此外,在昨天(3日)股價下跌24%後,該股估值相當於今年市盈率5.4倍,對比中型開發商的平均市盈率為5.8倍。野村不排除可能有長期的負面影響,例如與境內銀行和地方政府的潛在關係弱化,但認為其需時進行重估。該行維持對新城發展的「買入」評級及目標價12元。

Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.
uSMART
Wealth Growth Made Easy
Open Account