《大行報告》匯豐研究升中車(01766.HK)及時代電氣(03898.HK)目標價 春節鐵路出遊需求旺盛
匯豐研究發表報告指,內地春節鐵路交通需求強勁,在春運季節首23日鐵路運載乘客2.77億人次,按年增加54%,較疫情前水平高出24%,由2月14日開始,日均乘客量超出歷史水平,2月17日達到1,600萬人次的高峰,國鐵集團估計動車組使用率超過96%,較2019年同期高出7個百分點。下一個出行季節是勞動節假期,估計春節的強勁出行需求,將會推動今年動車維修訂單及招標加速,對中國中車(01766.HK)及時代電氣(03898.HK)而言,是下一個催化劑。
該行指,時代電氣過去三個月股價下跌20%,主要因為市場擔心動車組供應過剩及招標減慢,但相信春節的數據反映需求旺盛,對時代電氣的科技優勢有信心,因應最新的匯率預測,目標價由37元上調至38元,中國中車目標價由5.5元上調至5.6元,維持兩者「買入」評級。
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