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《大行報告》花旗降恆隆地產(00101.HK)目標價至11.4元 內地消費前景黯淡
花旗發表研究報告指,雖然恆隆地產(00101.HK)旗下內地高檔購物中心去年表現出色,租戶銷售額在開關後創歷史新高,但考慮到內地消費前景黯淡,且大部分奢侈品銷售額在疫情期間已回流中國,認為要關注奢侈品零售銷售額能否在此水平上繼續增長。 該行預測恆隆地產2024財年業績將維持穩定,但股價上行空間將取決於中國消費前景及人民幣匯價走勢,又相信主席陳啟宗退休將不會對公司營運產生任何重大影響,維持「買入」評級,目標價從12.1元降至11.4元,對應約65%的資產淨值(NAV)折讓不變。
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