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《大行報告》摩通重申看好中國股市 料中央表態助互聯網平臺股本回報率趨穩定
摩根大通發表中國市場報告表示,就中共中央政治局會議強調保持經濟增長目標、推出支持措施及對互聯網行業的監管後,該行重申看好中國股市。該行指最重要是觀察美國10年期國債收益率及中美兩國的關係,並估計在美國中期選舉之前,美國加息有可能會暫停。 內地政策方面,當局在維持原有的住房政策之外,鼓勵地方政府推出房地產寬鬆措施、完成互聯網平臺整改和日常監管。摩通表示,中央政治局會議表明對健康平臺經濟的最新認可,若能落實執行,料可能有助互聯網平臺公司的股本回報率穩定。在價值輪換的結構性背景下,該行籲「增持」優質和具質量增長的股份。 摩通列出料市場份額可提升的中資股「增持」評級名單,在本港上市的比亞迪(01211.HK)、蒙牛(02319.HK)、中信證券(06030.HK)、李寧(02331.HK)、華潤燃氣(01193.HK)、中國海外(00688.HK)、華潤置地(01109.HK)、華潤萬象生活(01209.HK)、碧桂園服務(06098.HK)。 該行估計中國今年GDP增長4.6%(此前預測4.9%),並降中國今年第二季GDP按季增長預測由5.7%下修至1.6%,降中國今年第三季GDP按季增長預測由6.6%下修至4.9%,上調對中國今年第四季GDP按季增長預測由5.5%上修至7.3%。
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