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大和:現在為“撈底”好時機 投資者可分三階段投資
格隆匯 02-04 13:16

大和發表報告指,儘管新型冠狀病毒令投資者情緒在短期內維持波動,但認為這正是價值股份“撈底”的好時機。

該行列出武漢肺炎期間三個投資階段,首階段( 即現時)需挑選受影響最小的板塊,如海洋、物流及建築業,推薦海豐國際(1308.HK)及中國交通建設(1800.HK);第二階段(2月中下旬)可吸納從投資情緒復甦的股份,包括中國民航信息(0696.HK)、吉利汽車(0175.HK)、廣汽集團(2238.HK)及永達汽車(3669.HK);第三階段( 當新感染病例放緩)則可投資國泰航空(0293.HK)及南方航空(1055.HK)等航空股。

預期,投資情緒低迷只屬短暫情況,而部份公司的股價亦已反映出市場對其估值的憂慮。其中,看好海豐國際可受惠於產能供應緊張及預期今年股息率達6%料對股價有支持。

該行又指,隨著農曆新年旅遊假期結束,相信市場將會在一個月內充分反映出對武漢肺炎疫情的擔憂。儘管今年航空運輸量增長或會放緩,但料2022年將可回覆按年增長10%,因此看好中國民航信息;汽車板塊方面,雖然新車銷情將受到影響,惟該行認為這將是購買吉利汽車及廣汽的好機會。至於尋求強勁反彈的投資者,則可在投資第三階段吸納國泰及南航。

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