匯豐研究:中央若出台支持澳門政策 助經濟多元化 看好金沙(1928.HK)
匯豐環球研究發表報告指,《路透社》報道指國家主席習近平將於下週到訪澳門時宣佈一系列措施,當中包括在澳門建立一個以人民幣計價的離岸證券交易所,以使澳門成為人民幣結算中心,以及分配部分鄰近土地予澳門發展,而部分措施已在大灣區發展計劃中被提及。
雖然澳門金管局指計劃仍處於研究階段,但中國財政部及澳門政府於7月份首次在澳門發行人民幣債券。而12月1日任命新的經濟及財政部長將有助於實施及推出這些新政策。然而,該行認為潛在的新政策旨在使當地經濟多樣化,但不太可能使博彩業受益或提升博彩業的收入,尤其是在短期內。不過,從長遠而言部分政策應對澳門旅遊業的全面發展具有建設性,並提振綜合度假村及項目的長期回報。更重要的是,中國政府對澳門的積極態度亦有利於整個城市的長遠發展。
該行相信,暫時的旅遊限制已經並很可能在短期內繼續壓抑博彩收益,但不會影響到2020年的基本面。在選股方面,該行看好金沙中國(1928.HK)
,相信其持續升級、重塑品牌及新的供應將會提升其市場份額,預期其2020財年的股息收益率達6%,目標價49.5港元,評級“
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