《大行報告》高盛料港澳旅遊限制第三季可逐步放鬆 看好領展、港鐵、銀娛及澳博等
高盛發表報告表示,對香港而言已經歷了接近一年的挑戰,包括中美貿易戰、社會動盪、新冠肺炎及最近復燃的社會運動等,當中該行估計新冠肺炎疫情將於今年第二季受控,港澳旅遊限制措施將於第三季逐步放寬,因此預期屆時電訊業、數據中心及公用事業影響輕微;必需消費品出現「V彈」;航空、遊戲、住房、非核心辦公室、銀行、保險及貿易/港口業則會「U型」反彈;而耐用消費品及核心地段辦公室會因結構性挑戰而出現「L型」走勢。
該行續稱,看好偏重於本地需求的公司,包括新意網(01686.HK)、香港電訊(06823.HK)、香港寬頻(01310.HK)、領展(00823.HK)、港鐵(00066.HK)及恆生銀行(00011.HK);受惠旅遊業務復甦,看好銀娛(00027.HK)、澳博(00880.HK)及永利(01128.HK);可能受惠於內地業務提早復業之九倉(00004.HK)及六福(00590.HK);提供穩定股息率之長實集團(01113.HK)、長和(00001.HK)、香港電訊及香港寬頻;但對國泰(00293.HK)、莎莎國際(00178.HK)前景感審慎。
此外,在基本情景下,認為友邦(01299.HK)、長實集團、長和、新世界發展(00017.HK)及九倉風險回報較吸引。
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