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《大行報告》摩通:龍湖(00960.HK)、碧桂園(02007.HK)及碧服(06098.HK)等民企短期或續跑贏 中期偏好中國海外(00688.HK)、潤地(01109.HK)及華潤萬象生活(01209.HK)等國企
摩通發表報告指,內房及物管股昨日(14日)再上升13%,表現優於國指的2%升幅,主要受到內地人行及銀保監早前出台金融16條措施支持。同日,中銀保監亦終於公布市場預期已久的監管賬戶資金放寬措施,建議商業銀行允許優質發展商出具保函,由託管賬戶中提取竣工所需現金的30%,而目前只有國企和少數優質民企開發商(如龍湖(00960.HK))獲允許此做法。 該行認為,新規將主要有利未陷入困境的民企開發商,因此估計龍湖、碧桂園(02007.HK)、新城(01030.HK)、中駿(01966.HK)、碧桂園服務(06098.HK)和新城悅服務(01755.HK)或於短期內繼續跑贏大市。 不過,若沒有更為積極的催化劑支持,摩通認為反彈或不會持續很長時間,中期而言偏好中國海外(00688.HK)、華潤置地(01109.HK)、華潤萬象生活(01209.HK)、保利物業(06049.HK)及中海物業(02669.HK)等國企。
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