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富瑞:趁近期回調增持內房股 首選中國奧園(3883.HK)等5股
格隆匯 06-23 15:34

富瑞發表行業報告稱,經歷艱難且波動的上半年後,建議趁近期回調時增持優質中型內房股,並列出三大正面催化劑將支持板塊重估,包括在積極推盤及低基數下,第三季銷售將強勁、上半年內房業績優於市場預期,以及潛在信貸寬鬆將有利行業降低借貸成本。該行列中國奧園(3883.HK)、合景泰富(1813.HK)、旭輝(0884.HK)、融創中國(1918.HK)及中海外(0688.HK)為行業首選,目標價分別為15.71港元、14.66港元、8.5港元、47.55港元、34.22港元。同時將萬外(2202.HK)評級由遜於大市,上調至持有,以反映其估值。

富瑞預期,主要發展商6月銷售將有單位數增長。展望第三季,隨着大量項目推出、消費情緒較佳及低基數,預料第三季發展商平均銷售增長約15%至20%,而中型內房股料可跑贏大市,如奧園、旭輝、合景泰富、寶龍地產及中駿集團銷售料按年增逾30%;至於世茂房地產、龍光地產及融創中國則料錄得超過20%的按年增長。

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