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《大行》瑞銀:新世界(00017.HK)出售上海物業或低於賬面價值 評級「沽售」
阿思達克 07-10 10:35
瑞銀研究報告指,新世界發展(00017.HK)正考慮以28.5億元人民幣放售其在上海K11寫字樓,認爲最終要價可能低於賬面實際價格。該行採用分部估值法對新世界發展進行估值,基於折現現金流(DCF)和收益資本化,將該股目標價定爲4港元,評級「沽售」。 瑞銀表示,新世界發展涉足香港房地產市場及中國內地多個領域,包括房地產、基礎設施、服務和百貨商店。瑞銀認爲香港房地產市場疲軟或中國經濟硬着陸是其主要風險因素。另一方面,香港及內地住宅物業市場的復甦可能對新世界發展帶來利好。
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