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.
《大行報告》美銀證券上調奧園(03883.HK)目標價至4.2元 評級「中性」
美銀證券發表報告,指奧園(03883.HK)近日向恆地(00012.HK)聯席主席李家傑及主席配股,展現來自管理層和第三方投資者對公司長期可持續發展的信心,目標價由4元上調至4.2元,評級「中性」。 報告指,奧園獲主席郭梓文及恆地聯席主席李家傑分別以現金認購5.5%和3.6%的股權,即認購股價爲3.708元,總額10億元。該行認爲這筆交易的收益雖然攤薄了收益,但可以部分緩解目前困難環境下的再融資壓力。 美銀證券指,截至上半年,奧園的總債務爲1,110億元人民幣(下同),短期和長期債務分別爲517億元和596億元。爲了達到「三條紅線」的要求,奧園需要將其資產或債務比率從78.5%進一步降低到70%。 該行認爲,長期的減債計劃仍取決於是否會對開發貸款和抵押貸款配額採取任何信貸放鬆政策。而人行最近的政策聲明發出了積極的信號,即在緊縮抵押貸款配額方面可能會有一些放鬆。而據媒體報道,廣州(奧園其中一個市場)亦已開始放鬆抵押貸款配額供應。
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