大和:重申恆隆地產(0101.HK)“買入”評級 目標價26.4港元
大和發表研究報吿指,恆隆地產(0101.HK)在內地租金總額增長45%的支持下,上半年基本純利上升11%至22億元,同時中期股息上升6%,為自2010年以來首次提高。該行認為,這預示集團在2021至23年或之後的盈利加速轉變。該行維持集團目標價26.4港元及“買入”評級。
大和表示,儘管集團正面對來自大量新商場的競爭,但位於上海的商場仍然是強大的參與者。該行指,根據本次業績,相信集團於上海以外的內地商場業務發展理想,並將成為其新的盈利增長動力。
大和又認為,集團的房地產銷售利潤有望持續恢復。該行指,集團已於今年6月售出藍塘道的1個單位,另有3個正在開發的香港項目,該行料全部售出後,可籌集逾100億元。另外,該行料集團全部出售位於中國的豪華服務式公寓後,或可帶來超過200億元的銷售收入。該行亦相信,這些利潤將加強集團的財務業績和租賃業務前景,並推動公司良性發展。

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