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大行評級|摩根大通:有消息稱地方政府購買未售出房屋 料內房股價反應正面
格隆匯 05-16 11:16
摩根大通發表報吿指出,有消息稱中國可能要求地方政府收購未售出的房屋,雖然消息對市場而言並非全新概念,但擴大規模的可能性令人興奮,該行仍對有關規模是否足以引發行業復甦持懷疑態度,惟認為整體方向而言是正確的舉措。該行預期,內房股價對消息反應正面,且直至7月份舉行的三中全會前將維持強勢。內房板塊自4月中觸底以來,表現跑贏MSCI中國指數15%。如與過去升勢期間內房股最高相對錶現(22%)相比,目前仍有7%的上行空間。該行相信民企短期內或升幅或較大,但只有國企才能看到更為可持續的重評機會。該行偏好華潤置地等開發商,以及保利物業、華潤萬象生活及綠城服務等物管商。
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