You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
《大行報告》大摩:九倉置業(01997.HK)旗下海港城和時代廣場零售氣氛持續改善
阿思達克 05-13 14:22
大摩發表研究報告指,自3月起例行實地巡查發現,九龍倉置業(01997.HK)旗下海港城和時代廣場零售市場氣氛持續改善,相信其回贈計劃有助帶動增長。投資者擔心復甦是否只是周期性表現,予目標價35元,評級「與大市同步」。

該行指,在五一假期的期間,以及隨後的周末,兩個商場的人流改善情況更明顯,而公司於本周推出全港購物回贈計劃,預期可帶動18億元的銷售額(旗下兩個商場佔3億元),相當於去年3月香港零售銷售4.5%,今年3月香港零售銷售7.8%。值得注意,公司在2月亦有推出相類似的計劃,但當時在旗下兩個商場購物才有回贈。

該行又指,目前市場擔心有關復甦只是短期,特別是當社會運動於下半年重新開始。該行更新後預期香港零售銷售會由2月份的-44%,改善至年底的持平。而根據過去經驗,公司表現與香港零售表現掛鉤,故對奢侈品牌的結構性放緩維持審慎。

Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.
uSMART
Wealth Growth Made Easy
Open Account