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《大行报告》美银证券:恒大地产获战投同意继续持股 料对内房股影响正面
阿思达克 09-30 14:32
美银证券发表报告指,中国恒大(03333.HK)昨宣布与恒大地产的部分战略投资者达成协议,目前有至少三分之二战投同意不要求进行回购,并承诺继续持股,洽谈结果较该行预期更佳,相信可消除市场对公司的担忧,予目标价18.6元,评级「中性」。

报告指出,与战投谈判进度良好,有助恒大维持与银行及金融机构的关系,避免信贷状况恶化及影响短债再融资,亦可消除买家对楼盘最终能否成功交付的疑虑。

该行亦认为,新协议下战投不再对恒大地产有新的盈利要求,事件对内房行业有正面影响,预期有助刺激恒大及行业股价回升。但美银亦提醒,恒大积极去杠杆,加上市场政策有潜在收紧可能,其利润率或受压,倾向拣选世茂(00813.HK)及旭辉(00884.HK)等高质量私营房企,分别予目标价8.3元及40元。

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