《大行报告》麦格理料内房销售动力持续 发展商首选世茂、龙湖和金茂
麦格理发表研究报告,指出截至9月13日的一周,内地房地产销售数据好坏参半。一线城市的销售(以单位数量计)按周增长6%,二线城市录8%跌幅。在四周的累计基础下,一、二线城市的交易量分别按年升33%及14%。
该行指,中国房地产板块的股价今年来累跌16%,表现跑输MSCI中国指数(升13%)。目前行业估值较产净值折让36%具吸引力,预期销售势头可在今年余下时间持续,因为开发商在紧缩的融资情况下,正加快现金回收速度。
另外,该行认为地产商的融资紧缩,有望进一步加快整合,相信现时是买入优质内房股的良好时机。首选世茂集团(00813.HK)、龙湖集团(00960.HK)及中国金茂(00817.HK),目标价分别为42.16元、49.05元及7.2元。与地产股相比,该行更看好物管股,首选碧桂园服务(06098.HK)及雅生活服务(03319.HK)。
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.