《大行報告》摩通籲投資者趁高減持內房 降融創、龍光、金茂、奧園及恆大物業評級至「減持」 下調碧桂園等至「中性」
摩通發表研究報告指,雖然個別內房發展商實際風險有限,內房的流動性憂慮將持續一段時間。短期上升的潛在催化劑包括恆大債務重組和信貸寬鬆,但認爲任何明顯反彈(有機會持續數月)將會成爲減持內房發展商的機會,因面對政策逆風,行業難有結構重評,故下調十家內房評級。當中,融創(01918.HK)、龍光(03380.HK)、金茂(00817.HK)、奧園(03883.HK)及恆大物業(06666.HK)評級降至「減持」;碧桂園(02007.HK)、新城發展(01030.HK)、雅居樂(03383.HK)及時代中國(01233.HK)評級降「中性」。
由於負面情緒的外溢,物管股亦已經見到類似的調整。不過,上海剛發佈市場導向定價建議,提醒市場政府的支持立場。預期未來物管股因發展商流動性風險而有持續的重估。
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.