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《大行報告》匯豐研究升萬科(02202.HK)、遠洋集團(03377.HK)及貝殼找房(BEKE.US)評級至「持有」 降時代中國(01233.HK)至「持有」
匯豐研究發表研報,指出現時內地房地產行業仍面臨挑戰,但隨着進一步寬鬆措施和陷入困境的開發商陸續出售資產,預計下行空間將逐漸收窄。 該行表示,由於政策寬鬆及二手市場市況改善,因此將具有國企背景的萬科H股(02202.HK)及遠洋集團(03377.HK),以及貝殼找房(BEKE.US)的評級上調至「持有」,由於市場對時代中國(01233.HK)的流動性擔憂日益加劇,將評級從「買入」下降至「持有」。 匯豐研究認爲,由於市場整合、融資渠道優勢及部分民企存在潛在違約風險,預期國企中期表現將繼續優於民企,而世茂集團(00813.HK)、雅居樂(03383.HK)及融創中國(01918.HK)等近日向國企出售資產,將有助於償還債務,加速市場整合,預期當局將有更多政策微調,行業前景已適度改善,內房股中看好華潤置地(01109.HK)、中國海外(00688.HK)及旭輝(00884.HK)。
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