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《大行報告》瑞銀升紫金、洛鉬評級至「買入」 降神華及中建材至「中性」 下調兗礦能源至「沽售」
瑞銀發表報告指,內地重新開放、對房地產市場的刺激措施,及宏觀情緒改善(美匯見頂及預期美聯儲結束加息),已大致中和該行對大宗商品的悲觀看法。 該行認為,內地強調完成暫停的房地產項目,或可提振建築材料和有色金屬於後房地產周期的需求,但由於內地房地產市場面對結構性挑戰,因此並不看好大宗商品的整體需求。而目前的存貨周期及出口,亦難以支持大宗商品有上行周期。 瑞銀調整中資大宗商品股評級及目標價(另見表),其中紫金(02899.HK)及洛鉬(03993.HK)評級由「中性」升至「買入」;江銅(00358.HK)評級由「沽售」升至「中性」;神華(01088.HK)及中建材(03323.HK)由「買入」降至「中性」;兗礦能源(01171.HK)由「中性」降至「沽售」。
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