《大行報告》野村料中國明年乘用車銷售按年升10% 首選廣汽(02238.HK)
野村發表全球汽車行業明年展望報告,在新冠疫情下料全球今年汽車需求下降14%,但料明年將回升11%,但估計明年產量仍會低於2019年水平約4%,指隨著拜登將接任美國總統及將收緊對美國汽車排放的要求、中國政府推措施將有利混合引擎的汽車,將改變全球汽車行業的競爭格局。該行認為汽車製造商需急需準備以應變美國將嚴控碳排放政策,指本田屬該行全球汽車股首選,廣汽(02238.HK)屬該行的中資汽車股首選。
該行上調對中國明年乘用車銷售按年增長預測,由原來7.9%升至10%達2,206萬輛,增長來自中國政府推動以舊換新等的政策,估計內地電動車需求將回升。
野村指,中資汽車股推介廣汽及永達汽車(03669.HK),估計廣汽可受惠內地鼓勵混合引擎汽車的政策,指廣汽埃安新能源汽車若取得進展,料可獲市場重估;該行亦看好永達汽車,屬該行看好的內地奢侈品牌汽車代理商,指其業務區域佈局強勁及估值吸引。(wl/k)
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