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《大行報告》匯豐研究列出內房行業領袖、普通發展商、「抱恙」發展商以及其他四大分類(表)
匯豐研究發表報告,預期未來十年及往後,內地發展商將經歷「大洗牌」,不論短期及長期展望均極具挑戰。考慮面對行業違約增加及限制性政策,該行將所覆蓋內房分為四大類,即行業領袖、普通發展商、「抱恙」發展商,以及其他。現表列如下: 類別|數量|違約機會|發展商 行業領袖|8|低|萬科(02202.HK)、保利發展(600048.SH)、中海外(00688.HK)、潤地(01109.HK)、招商蛇口(001979.SZ)、龍湖(00960.HK)、中國綠城(03900.HK)及旭輝(00884.HK) 普通發展商|23|中至高|碧桂園(02007.HK)、金地集團(600383.SH)、中國金茂(00817.HK)、新城發展(01030.HK)、雅居樂(03383.HK)、美的置業(03990.HK)、遠洋集團(03377.HK)、越秀地產(00123.HK)、中駿集團(01966.HK)、新希望(000876.SZ)、合景泰富(01813.HK)、中鐵建(01186.HK)、中交地產(000736.SZ)、時代中國(01233.HK)等 「抱恙」發展商|19|高/已違約|融創(01918.HK)、中國恆大(03333.HK)、綠地控股(600606.SH)、世茂(00813.HK)、金科股份(000656.SZ)、陽光城(000671.SZ)、中梁(02772.HK)、正榮地產(06158.HK)、龍光(03380.HK)、奧園(03883.HK)、富力(02777.HK)、佳兆業(01638.HK)、禹洲(01628.HK)、寶龍地產(01238.HK)、弘陽地產(01996.HK)及融信中國(03301.HK)等 其他|所有去年合約銷售50大以外內房|不適用|上述名單未提及的較小型內房
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