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《大行報告》大和升龍源電力(00916.HK)評級至「買入」 目標價維持6.4元
阿思達克 10-07 10:25
大和發表研究報告,指因早前市場憧憬特別債券的發行,可部分支付老化風電和太陽能的應收補貼,惟迄今未有重大進展,龍源電力(00916.HK)股價在過去兩月調整約13%。但在9月22日,國家主席習近平指希望在2060年前實現「碳中和」,帶動太陽能股A股股價過去兩周升5%至10%,H股更升30%至60%。

報告解釋,與太陽能電廠不同,在岸風電企業平價上網料不會在2023年前完成。不過,大和稱,留意到在國家政策如特別債券發行及地方政府支持離岸風電企業等支持下,龍源電力具長遠價值,料可透過應收補貼加快現金回籠,而更多的離岸風電機組安裝料加快盈利增長。該行指現時龍源估值相當於明年預測市帳率0.6倍,較內地太陽能電企折讓達70%至95%;並提升龍源投資評級,由「跑贏大市」升至「買入」,目標價維持6.4元不變。

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