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》瑞銀上調恆隆地產(00101.HK)目標價至24.2元 評級「買入」
阿思達克 09-29 09:55
瑞銀發表報告指,將恆隆地產(00101.HK)2020至2022年的盈利預測上調1至4%,目標價升7%,由22.5元升至24.2元,評級「買入」,以反映今年以來奢侈品銷售復甦強過預期,認為公司內地租賃業務的盈利增長強勁,料來自中國內地租務業務盈利2019至2022年年複合增長達17%,可抵銷香港方面租金表現的弱勢,另外亦估計整體盈利的年複合增長達8%。此外該行認為假如疫情受控及跨境活動回復,公司香港的租金收入表現將有上行驚喜。

公司於9月22日公布新的LV分店將其無錫的商場開幕,是第四間在恆隆旗下開張的LV分店,根據該行的分析,今年5-9月LV在內地僅開三家新店,其中兩家就是在恆隆旗下的商場,而另外一家則位於新地旗下位於上海的商場,相信奢侈品牌將繼續在內地開新店,主要因為今年以來銷售復甦強勁,加上二線城市滲透仍較低。

根據恆隆地產管理層指,公司計劃將高檔商場的數目由5家增至9家,並將2021及2024年在武漢及杭州開設兩個新商場,此外公司亦會將現有位於大連及吉林的商場轉化為高檔商場,該行料有很大機會成功,因為當地的奢侈品店舖滲透率仍很低。(el/w) ~

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