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《大行》高盛:中美貿易緊張局勢緩和等推動A股指數創新高 上調MSCI中國指數目標至90點
高盛發表研究報告指,中國股市經歷6月至7月大部分時間整固後,近期突破交易區間,MSCI中國指數及滬深300指數分別觸及4年高位及今年內新高,主要因素包括中美貿易緊張局勢緩和、第二季強勁GDP數據、政府「反內卷」政策、香港IPO市場復甦、南下資金創紀錄流入,以及外資對中資股興趣升溫與其仍保守的股票配置之間存在明顯差距。 該行維持對中國股市的「增持」評級,預測全年南下資金規模將達到1,600億美元,認爲市場表現正強化其「重個股輕大市」觀點,重申看好中國民營龍頭企業及股東回報主題,十大看好企業包括騰訊 (00700.HK)、阿里巴巴(09988.HK)(BABA.US)、寧德時代(03750.HK)(300750.SZ)、小米(01810.HK)、比亞迪(01211.HK)、美團(03690.HK)、網易(09999.HK)(NTES.US)、美的集團(00300.HK)、恆瑞醫藥(01276.HK)(600276.SH)及攜程集團(09961.HK)(TCOM.US)。 高盛將保險及材料板塊評級上調至「增持」,同時下調銀行及房地產評級至「與大市同步」(Marketweight)。高盛將MSCI中國指數未來12個月目標從85點上調至90點。
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