《大行報告》大摩上調本港今年零售銷貨價值增長預測至22% 喜好希慎(00014.HK)
摩根士丹利發表報告,指在與內地全面通關後,本港1月零售銷貨價值按年升7%,至362億元,連續兩個月上升,並屬2020年1月以來新高,遠勝該行預期。在低基數及訪港內地旅客大增下,該行料2月本港零售銷貨價值按年升幅擴至47%。
報告稱,1月奢侈品零售按年升23.1%至44億元,亦創2020年1月以來新高。大摩上調本港今年全年零售銷貨價值增長預測,由原先15%上調至22%,以反映訪港旅客快速復甦及新一輪5,000元消費券。
該行料今年末季零售銷貨價值按年升24%,並達至2018年末季的95%水平。假設明年全年表現相當於今年末季的四倍,則明年零售銷貨價值有望按年再升10%。
大摩稱,零售銷售復甦驅動收租股的估值重評,如九置(01997.HK)及希慎(00014.HK)。今年零售銷售有望按年升22%屬正面,考慮估值後,該行偏好希慎多於九置;前者預測今年股息率達6.3%,後者則僅3.3%。其他有廣泛本港零售敞口的港股包括領展(00823.HK)、新地(00016.HK)及港鐵(00066.HK)。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.