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瑞银:看好住宅发展股 看淡收租股
格隆汇 09-04 11:26

瑞银发表研究报告,指发展商及收租股自今年以来的高位累跌23%至26%,相信是受到贸易及香港的示威所影响。考虑到房屋短缺的结构性问题,该行较为看好住宅,其次是办公室以及零售商铺。中港两地的营商信心恶化及价格差异收窄,或会对本港的写字楼及零售需求带来结构性负面影响。

该行维持对四大地产商“买入”投资评级,主要是因为其估值及该行对住宅的看法正面。除了恒隆地产(00101.HK),所有香港收租股的投资评级为“沽售”或“中性”,并将信和置业(00083.HK)的评级升至“中性”,以反映其现金流强劲及吸引的股息收益率。

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