交銀國際:料內地次季汽車銷量改善 維持評級“同步”
中汽協公佈內地2月汽車產銷數據,總體汽車銷量同比下降79.1%至31萬輛。首2月累計汽車批發出貨量同比下降42%,主要受到新冠肺炎影響。
交銀國際發表報告認為,隨著工廠在3月下旬逐漸復產,汽車批發量將環比提高。此外,報告指,中央和地方政府可能會出台汽車購置的刺激政策,以推動乘用車銷售。由於供求雙方都受到疫情影響,預計今年首季汽車行業的盈利可能會弱於市場預期。不過,隨著疫情受控,相信供應和零售端將在第二季度逐步恢復。
交銀國際維持行業的“同步”評級,繼續首選買入吉利(0175.HK)和永達(3669.HK)。
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