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.
植耀輝:港股24,000點阻力仍大 蔚來(09866.HK)前景極具挑戰
阿思達克 06-06 09:00
耀才證券研究部總監植耀輝稱,馬斯克(Elon Musk)一向動作多多,在卸任「政府效率部門」(DOGE)後,他以高姿態回歸Tesla(TSLA.US)之餘,其部署已久之火星計劃亦將有大動作,最新便透露SpaceX打算明年派遣載有Optimus機械人的星艦(Starship)飛船出征火星,若成功的話下一步將會戴人到當地並建立永久基地。他亦不是空口講白話,據知SpaceX已於德州及佛羅里達州同步建設兩座製造基地以量產星艦,以助人類未來可以快速移居火星。馬斯克的雄心壯志最終是否成功日後自有分曉,但亦證明一個事實:「只要有夢想,凡時可成真」可能並不足夠,如加多一句「有錢就是任性」的話,即使夢想有多「堅離地」,但亦不再是遙不可及矣!不過近日因稅改法案而跟特朗普「反面」,導致Tesla市值單日蒸發1,520億美元,相信他亦可能感到「肉痛」! 至於港股方面,恆指本週走勢相當波動,週初曾失守兩萬三支持,不過很快又重拾升勢,昨日最高更曾升至23,911點。不過正如筆者以往所強調,一日未有重大利好消息,恆指暫亦難以突破並企穩於24,000點水平。 股份方面,則想談談近期備受關注之汽車股。有關「零公里二手車」以至「汽車恆大」等問題,坊問以至網絡世界已有頗多分析,不過今次想跟進蔚來-SW(09866.HK)首季業績表現,皆因在一眾新勢力之中,以其經營狀況最為嚴峻,雖然毛利率按年改善至10.5%,但於一眾車企中仍屬偏低;至於公司管理層仍有信心將可扭虧,問題是車企競爭空前激烈,一直強調不打價格戰之蔚來近年亦須開闢平價品牌樂道應戰,增添業務發展之不確定性。而且由於研發開支及銷售開支高居不下,令扭虧難度大增,意味集團在可見將來將繼續「燒錢」。問題是今年首季經調整虧損仍接近63億元人民幣(下同),即使集團截至3月底止現時現金、受限制現金以至短期投資合共仍有約260億元,加上4月完成配股集資約40億港元,但以其現時燒錢速度來看,除非經營狀況大有改善,否則明年可能將是蔚來之「死線」。公司未來有何板斧應對,值得大家留意及關注。 (筆者並未持有相關股份)~
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