《大行報告》花旗:10月首周長汽、吉利及比亞迪銷售強勁 料車股重估勢頭持續到11月底
花旗近日發表報告表示,內地9月乘用車(包括新能源及內燃機汽車)銷量均優於預期,估計大部份內地汽車品牌10月旗下批發及保險-零售可呈復甦,按月上升20%至40%,料可成市場對中資汽車股短期的催化劑。
該行表示,據其透過行業渠道了解,內地大多數本土汽車品牌於9月底的累積訂單積壓量高於8月底,這表明9月零售銷售復甦的動力不是歷史被壓抑的需求,而是新訂單的增長。
花旗對內地經銷商調查還顯示,指10月首周長城汽車(02333.HK)、吉利(00175.HK)及比亞迪(01211.HK)的零售銷售表現強勁。由於汽車銷售被視為領先的經濟指標,近幾周強勁的銷售表現通常預示著中國未來數月宏觀經濟的好轉。若未來有更充足的車用芯片供應、行業訂單積壓在第四季度繼續增長,該行預計內地汽車股行業重估勢頭將持續到11月底。
該行重申在行業首選吉利、比亞迪、中升(00881.HK)及小鵬(09868.HK);花旗料長城汽車在其公布第三季業績發布後可能會獲市場重估。
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