You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
《大行報告》大摩下調傳統材料股目標價 推薦紫金(02899.HK)及洛鉬(03993.HK)
摩根士丹利發表研究報告指出,內地年初至今緩慢且不均衡的需求復甦,令市場對政府刺激預期更為強烈,而由於第二季增長放緩,該行料北京將加大刺激力度以促進復甦。除了將新能源車購買免稅期限延長外,該行料當局將出台的措施包括放寬一、二線城市的限購令;提供額外1萬億元人民幣的基建支援,以抵銷土地銷售缺口;更多針對消費者激勵措施。 該行下調傳統材料股目標價(見另表),另認為銅和鐵礦石價格已開始因中國刺激預期而上升,由於與內地需求密切相關,兩者的表現跑贏其他材料領域。 該行於傳統材料股中,偏好紫金(02899.HK)及洛鉬(03993.HK),預期內地支持電動車充電基礎設施的政策應有利於銅價,而紫金及洛鉬的銅產量均出現較高增長,2022至2025年年均複合增長率各為11%及27%,至於紫金期內的黃金產量的年均複合增長率為17%。
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.
uSMART
Wealth Growth Made Easy
Open Account