《大行報告》富瑞下調小鵬汽車(09868.HK)目標價至30.5元 蔚來(09866.HK)目標價削至53.39元
富瑞發表報告指,隨著地方政府恢復經濟刺激措施和中央政府推動農村採用電動車,第二輪價格戰開始。該行認為5月新能源汽車市場緩慢復甦,特斯拉(TSLA.US)、比亞迪(01211.HK)和理想(02015.HK)搶佔大部分增量訂單,原因是5月的價格上漲有助於特斯拉釋放被壓抑的訂單;隨著客戶購買周期縮短,高端市場相對有韌性;4月開始地方政府恢復經濟刺激措施和中央政府推動農村採用電動車。
富瑞指,5月亦開始了車廠的第二輪價格戰,預計5月份新能源車批發量將按月增長8%,達到約65.7萬輛,與5年的歷史平均月增長率持平。
該行將小鵬汽車(09868.HK)目標價由39.8元下調至30.5元,蔚來(09866.HK)目標價由89.03元下調至53.39元。評級均為「持有」。
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