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《大行報告》匯豐研究:市場或誤解內地消費形勢 料復甦可支持內需股重估
匯豐研究發表報告指,在過去五一黃金周假期期間,內地本地遊達2.74億人次,達致2019年水平的119%,以及其旅遊收入已回至2019年水平。 該行指,恆生消費指數自4月初以來下跌了6%,認為市場或誤解內地消費形勢,尤其關注三大方面,包括報復式旅遊卻無報復式消費、被壓抑的需求或無法持續、以及在K型消費模式下,中產階級的消費能力不足等。該行相信,復甦可支持內需股重估,以及受惠於低基數效應,料盈利勢頭有望繼續回升。 該行給予百勝中國(09987.HK)目標價為643.5元,以及其評級為「買入」;華住集團-S(01179.HK)目標價為48.67元,評級「買入」。安踏(02020.HK)及李寧(02331.HK)目標價分別為143元及94元,評級均為「買入」。(ca/k) ~
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