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大行評級丨小摩:長汽次季盈利再創佳績 評級增持
摩根大通發表研究報吿指,長城汽車(2333.HK)近日發盈喜,預料上半年純利達到介乎65億至73億元人民幣,按年增幅達到377%至436%,遠勝該行及市場預期逾50%,主要來自於高端汽車產品銷售貢獻提升以及海外業務向好推動利潤率的帶動。這亦意味長汽次季盈利再創佳績,其撇除單次項目的每車輛純利達10300元至13800元人民幣,按年大升221%至328%,按季亦升41%至88%。摩通維持對長汽H股增持評級,基於次季業績表現向好,相應將今明兩年盈利預測上調25%及10%,收入預測維持不變,H股目標價從13港元上調至18港元。在內地汽車代工板塊中,該行首選比亞迪(1211.HK)及華晨中國(1114.HK),其次為長汽。
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