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》瑞銀降高鑫零售(06808.HK)目標價至2.08元 維持「買入」評級
瑞銀發表報告指,市場流傳阿里-SW(09988.HK)考慮減持零售資產的消息,推動高鑫零售(06808.HK)上周股價上升,據報阿里與策略投資者就相關資產進行討論,而阿里管理層表示,實體零售資產屬非核心及虧損業務,出售亦屬合理,但因應市況料進行需時。雖然高鑫零售股價上升,但其市值109億元仍然嚴重低估,因為淨現金及投資物業整體價值有200億元人民幣。 報告指,阿里的潛在出售,可能會加快高鑫扭虧,因為集團可能會關閉非核心地區的虧損店舖,勞工安排將更具效益,雖然短期可能出現撥備開支,但長遠能夠提升年度盈利。以現金流折現率計,該行將其H股目標價由2.3元下調至2.08元,維持「買入」評級,主要因為集團從傳統超市業務,多元化發展至會員店舖,並推動資本應用及營運效益改善。
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