交銀國際:若汽車購置稅減半 料1,360萬輛燃油汽車受益 未來數月產銷可顯著改善
交銀國際發表報告表示,就國務院宣布分階段減免部分乘用車購置稅,總額600億元人民幣。該行認為600億元人民幣的減免幅度較大,佔2021年國內汽車購置稅總額3,520億元人民幣的17%。據該行的測算,如果全部免稅,約680萬輛燃油汽車將受益於購置稅減免,約佔2021年燃油汽車規模的38%。
如果實施購置稅減半政策,單車稅費將減少約4,000元人民幣,約1,360萬輛燃油汽車受益,約佔2021年燃油汽車銷量的75%。
考慮到相關的經濟穩定措施和汽車購置稅減免細則的預期落實,交銀國際預計未來幾個月汽車產銷顯著改善。該行預計,刺激政策將在今年下半年提振乘用車銷量,特別是國內整車廠,因為它們在低端和中端乘用車的滲透率很高,包括長城汽車(02333.HK)和吉利(00175.HK),均予「買入」評級。(wl/a)
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