野村:重申中聯重科(1157.HK)“買入”評級 目標價6.8港元
野村發表研究報告稱,中聯重科(1157.HK)早前宣佈其全資附屬公司中聯重科融資租賃(北京)擬開展儲架資產證券化業務。該行認為,業務將令公司的應收帳款減少22%,但相信可借該業務將部分違約風險轉予儲架資產證券化融資的投資者,也可減輕投資者對重型機械行業應收帳款天數宂長,及不良資產負債表的主要擔憂。該行重申對公司H股的“買入”評級,維持目標價6.8港元。
中聯重科早前發表公告指出公司擬為中聯租賃開展30億元人民幣儲架資產證券化融資提供擔保,擔保金額總計不超過33億元人民幣,即中聯租賃實際發行的各期優先級資產支持證券本金及預期收益的總和。擔保期間為自各期資產支持專項計劃成立之日起,至當期資產支持專項計劃終止日後滿三年之日止。

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