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《大行》花旗一舉降中遠海控(01919.HK)評級至「沽售」 目標價下調至12.1元
阿思達克 06-25 10:51
花旗發表報告指,就最常與投資者討論的是亞洲航運行業(投資故事)是否已經完結以及如何配置倉位這個問題,相信基於4月初對等關稅率不會重臨,集裝箱行業在下半年仍有發展空間。美國零售商的貨運溫和放緩,而集裝箱進口自5月以來按年下降,意味著重新補貨的需求,此外到2026年行業新總噸位供應將逐步放緩。 花旗覆蓋三家亞太區班輪公司2026年市淨率約為0.8倍,估計股本回報率約為5%至9%。該行認為中遠海運(01919.HK)年初以來股價按年上升約20%,加上中美貿易緊張局勢加劇,帶來負面風險回報,因此將中遠海運H股評級由「買入」一舉下調至「沽售」。H股目標價亦由13.3元降至12.1元。 花旗指長榮海運(2603.TT)現在是該行覆蓋三家亞太區班輪公司唯一獲「買入」評級,因其應可受惠於海洋聯盟的運力調整,以及美國貿易代表署對中國內地製造船隻的額外港口收費。
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