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《大行報告》富瑞:內地20條促消費 首選安踏(02020.HK)、新東方(09901.HK)、九毛九(09922.HK)及名創優品(09896.HK)等
富瑞發表報告指,內地發布20項促進消費措施,涵蓋6個方面,重點是調控和改善供給側,以及通過地方性活動和政府鼓勵措施鼓勵消費。 現階段內地政府未有公布現金補貼、個人所得稅減免或消費券等直接補貼政策,相信20項刺激消費措施可能只是一個政策框架。市場將期待更多關於如何執行和成功加速消費的措施細節。隨著多項政策關於促進消費、經濟、民營企業等公布,消費類股票的股價自7月18日以來反彈。 該行認為,消費股和消費行業的下一個驅動因素將是未來幾個月更具體的政策公布,以及這些政策是否會重新加速消費。投資者將重點關注企業在暑假期間的銷售趨勢;中秋節和十月黃金周期間的表現。 該行行業首選包括安踏(02020.HK)、新東方(09901.HK)、九毛九(09922.HK)、名創優品(09896.HK)、蒙牛乳業(02319.HK)、華潤啤酒(00291.HK)。
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