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《大行報告》瑞銀:購置稅優惠幫助汽油車而非電動車令市場感驚訝 或避免進一步推高鋰價格
瑞銀髮表報告指,根據中央電視臺報道,國務院常務委員會已制定一籃子經濟穩定措施,其中在汽車市場已宣佈暫時減免汽車購置稅達600億元人民幣。該行表示,雖然於4月汽車銷量下降超過40%後,市場已討論潛在的刺激措施,但令市場驚訝的有關的汽車購置稅優惠,是有助於汽油車而非電動車,因後者已經免除購置稅。 該行相信,類似於2009年和2015年的政策是最有可能出現的情境,即暫時將發動機小於1.6升的汽車的購置稅,由10%下降至5%,此將更傾向於幫助相對低檔的汽車購買者,認爲此與「共同富裕」倡議一致。瑞銀又稱,政策幫助汽油車而非電動車,或爲了避免於過熱的電動車市場進一步推高鋰價格。 瑞銀預期,長安汽車(000625.SZ)、長城汽車(02333.HK)及吉利(00175.HK)會是政策的潛在主要受惠者,因三企約分別70%、60%及50%的汽車爲1.6升以下。該行維持長汽股份「買入」評級,目標價16元。
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