《大行报告》中金吁积极增加内房股配置 荐融创、润地及中海外等六股
中金发表报告表示,近期内房股板块已呈现情绪面边际改善、估值上修的迹像,该行判断伴随实体市场降温,内房政策进一步收紧的概率可能性低,在因城施策的框架下,部分城市政策端可能呈现放松迹像,叠加板块估值偏低,而内房H股相当远期市盈率6.2倍,和龙头房企盈利增长确定性强,建议投资者积极增加内房股配置,H股推荐华润置地(01109.HK)、中国海外(00688.HK)、龙湖(00960.HK)、融创中国(01918.HK)、旭辉(00884.HK)和世茂房地产(00813.HK)。
该行指,上周持续监测的60城新房销售面积按年增长6%,但较9月周均下降7%,月初至今按年增长1%(9月全月+4%)。上周300城居住用地成交面积按年增长12%,平均溢价率6.5%,再创年内新低。
重点城市推盘量同比下降,去化率回升。上周10个重点城市共有39个项目开盘,累计新推房源10,313套,同比下降11%,推盘去化率较上上周上行13个百分点至55%,其中一线及二线城市去化率分别较上上周上行18/10个百分点至50%/58%。
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