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.
中金:予中交建(1800.HK)“跑贏行業”評級 目標價9.2港元
格隆匯 09-20 16:27
對於近日中央及國務院之《交通強國建設綱要》中強調交通先行的地位且適度超前,中金髮表報告表示,該指引明確要繼續大力發展交通基建的重要意義。報告又指,該綱要提出到2035年基本建成交通強國的目標,目前中國交通基礎設施密度仍低於發達國家,中國公路鐵路密度僅相當於美國72%及46%,且存在區域分佈不均等問題。因此在交通強國的目標下,該行預計未來一段時間中國交通基礎設施建設仍持續增長,在基建愈來愈受重視及基建股估值較低下,看好中國交通建設(1800.HK) ,目標價為9.2港元,予“ 跑贏行業 ”評級。
中金認為,在近期貿易摩擦加劇、社會零售增速下行、製造業投資疲弱且地產政策高壓的背景下,基建有望再一次充當經濟增長穩定器作用,9月初國常會提出要通過擴大基建投資來穩定經濟增長的意圖。而交通基建由於本身具有一定的現金流,對政府債務負擔相對較小,且具有較強的正外部性,該行認為有成為基礎設施中的重點投資領域。
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