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.
“大空頭”做空特斯拉,高盛卻強烈看好,國內基金經理也吵翻了天……
格隆匯 12-05 09:38

作者:陸海晴 

來源:上海證券報

本週,機構對特斯拉的觀點頗具戲劇性。

據外媒報道,《大空頭》原型、知名對衝基金管理人Michael Burry在社交媒體上宣佈自己正在做空特斯拉,並指出特斯拉的估值與業內其他公司相比“十分荒謬”。

高盛卻將特斯拉的評級從“中性”上調至“買入”,並將其12個月的目標價從455美元上調至780美元,這是目前華爾街投行給出的最高目標價。

國內基金經理對新能源車板塊的當前估值也“吵翻了天”……

多空大對決

據外媒,Michael Burry在社交平台上發佈推文表示自己正在做空特斯拉,並建議馬斯克可以利用當前極高的股價來籌集更多現金,不過截至發稿,上述推特原文已無從查證。

然而,另一大空頭卻“投降”了。

據外媒,已經持續做空特斯拉五年之久的華爾街知名空頭 Kynikos Associates總裁吉姆·查諾斯開始削減空頭頭寸。值得注意的是,特斯拉本月即將被納入標普500指數,從股價上來看,年初至今,特斯拉股價漲幅超過6倍。

東方港灣創始人但斌發文也對查諾斯的做空行為進行了評論。

高盛也出手了,徹底點燃這場多空大戰。高盛將特斯拉的評級從“中性”上調至“買入”,12個月的目標價從455美元上調至780美元。高盛表示,越來越看好電動汽車市場的發展前景,當前向純電動汽車的轉變正在加速,特斯拉各車型的組合將有助於其在電動汽車市場保持領先地位。

國內基金經理也吵翻了天

這場多空大戰也在國內新能源車板塊上演。

有機構堅定看空。泰暘資產表示,目前單車市值顯著高於傳統車企的情形下,新能源車板塊的估值已經處於“無人區”,未來難以給投資者帶來合理回報,甚至可能導致史詩級的崩盤,會堅決迴避相關主題。

部分機構則認為,高景氣度可以消化高估值。聚鳴投資表示,目前看到明年上半年,電動車行業景氣度確定上行,但當前估值比較高。“高景氣度帶來的高增長一方面可能消化一部分估值,一方面能夠讓板塊維持較高的估值,電動車板塊是我們選擇的高增長高估值板塊。”

據統計,今年以來,新能源車指數漲幅超過63%,就個股而言,天賜材料、比亞迪股價年內漲幅分別為2.7倍、2.6倍,新宙邦、億緯鋰能、寧德時代等年內股價均翻倍。

值得注意的是,上述多隻個股也被公募基金重倉押注。例如,截至三季度末,寧德時代被693只基金重倉持有,億緯鋰能被238只基金重倉持有。

記者採訪多位基金經理髮現,對於所持有的新能源車板塊個股短期漲幅過高,滬上一位更偏向價值投資的基金經理表示,新能源汽車未來空間巨大,對於稀缺資產,自己會選擇承受短期估值較高。“股價有可能回調10%,也可能回調20%,回調完股票還是比較貴,但很有可能回調10%後股價又直接漲上去,不給你重新買入的機會。”

華南一位擅長風格輪動的基金經理則表示,自己將持倉進行了調整,對短期漲幅較高的新能源車個股進行了部分賣出。

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