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野村:內房銷售強勁 料股價短期內在現水平整固
格隆匯 04-01 16:10

野村發表研究報吿預期,內地房企上半年銷售強勁,未來政策或會收緊,年初至今,內房股價累升11%,跑贏恆指的4%升幅,相信短期內股價將在現水平整固。

野村追蹤的17家中國房地產開發商,3月銷售額按年增長31%,雖較2月增速105%放緩,但按年仍升21%。銷售額領先者有旭輝控股(0884.HK)(按年增長157%)、龍光集團(3380.HK)(增長81%)和雅居樂集團(3383.HK)(增長70%)。

總計今年首季,內房銷售按年增長54%,與2019年同期(無疫情影響)比較升34%。發展商平均實現全年目標的21%,而龍光、雅居樂、中國金茂更達25%以上。

野村指,今年首季強勁的內房銷售符合該行預期,預料第二季銷售將保持強勁,料按年增長15-2-%,這要歸功於4月底首輪土地集中供應前項目加推,以及積極的市場氣氛從一線城市蔓延到低線城市,惟該行預期強勁的銷售及均價,或會引發當局收緊政策。

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