《大行报告》野村料中国明年乘用车销售按年升10% 首选广汽(02238.HK)
野村发表全球汽车行业明年展望报告,在新冠疫情下料全球今年汽车需求下降14%,但料明年将回升11%,但估计明年产量仍会低於2019年水平约4%,指随着拜登将接任美国总统及将收紧对美国汽车排放的要求、中国政府推措施将有利混合引擎的汽车,将改变全球汽车行业的竞争格局。该行认为汽车制造商需急需准备以应变美国将严控碳排放政策,指本田属该行全球汽车股首选,广汽(02238.HK)属该行的中资汽车股首选。
该行上调对中国明年乘用车销售按年增长预测,由原来7.9%升至10%达2,206万辆,增长来自中国政府推动以旧换新等的政策,估计内地电动车需求将回升。
野村指,中资汽车股推介广汽及永达汽车(03669.HK),估计广汽可受惠内地鼓励混合引擎汽车的政策,指广汽埃安新能源汽车若取得进展,料可获市场重估;该行亦看好永达汽车,属该行看好的内地奢侈品牌汽车代理商,指其业务区域布局强劲及估值吸引。(wl/k)
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