大行評級|高盛:今年快遞行業競爭將愈演愈烈 下調圓通及中國外運評級至“沽售”
高盛發表研報指,留意到今年快遞行業競爭將愈演愈烈,行業領頭羊中通快遞重回市場份額提升戰略。該行提及,因應行業競爭及每件包里利潤下行風險,將圓通速遞的評級下調至“沽售”;同時將中國外運H股評級下調至“沽售”,主要由於其出口驅動型業務貢獻逾75%的息稅前利潤,該行預計空運及海運運力過剩,以及關稅逆風導致每標準箱的運費下降,從而導致該公司2025年的利潤率承壓。另外,高盛維持順豐控股、京東物流及中通快遞的“買入”評級。
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.