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《大行》美銀證券:內地樓市仍處於復甦初期階段 升潤地(01109.HK)中海外(00688.HK)建發國際(01908.HK)越秀地產(00123.HK)目標價
美銀證券發表研究報告指,內地樓市仍處於復甦初期階段,內地4月住宅合約銷售按年增長18%,一線城市市場亦出現更多回穩跡象,因此將優質開發商的目標價平均上調13%。雖然該行先前非共識的看好觀點在市場上逐漸獲得更多認同,但整體投資者倉位仍然偏輕,許多人仍對復甦的可持續性存疑。該行的首選股為華潤置地(01109.HK)、中國海外發展(00688.HK)及建發國際集團...
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《大行》美銀證券:內地樓市仍處於復甦初期階段 升潤地(01109.HK)中海外(00688.HK)建發國際(01908.HK)越秀地產(00123.HK)目標價
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美銀證券發表研究報告指,內地樓市仍處於復甦初期階段,內地4月住宅合約銷售按年增長18%,一線城市市場亦出現更多回穩跡象,因此將優質開發商的目標價平均上調13%。雖然該行先前非共識的看好觀點在市場上逐漸獲得更多認同,但整體投資者倉位仍然偏輕,許多人仍對復甦的可持續性存疑。該行的首選股為華潤置地(01109.HK)  +1.640 (+4.461%)    Short selling $731.04M; Ratio 34.185%   、中國海外發展(00688.HK)  +0.450 (+2.827%)    Short selling $388.34M; Ratio 21.960%   及建發國際集團(01908.HK)  +0.660 (+3.908%)    Short selling $58.52M; Ratio 14.435%   ,同時亦看好物管領域的華潤萬象生活(01209.HK)  -0.050 (-0.100%)    Short selling $35.21M; Ratio 33.040%   及綠城服務(02869.HK)  +0.020 (+0.416%)    Short selling $456.78K; Ratio 2.085%  

該行預期,儘管房價大幅反彈似乎不太可能,但隨著減值撥備減少及低利潤庫存拖累消退,盈利將穩健復甦。對於華潤置地、中國海外發展及建發國際,該行預計2028財年每股盈利將增長約17%。若利潤率正常化,該行認為隨時間推移,盈利還有逾20%的上行空間。

美銀證券將華潤置地目標價由43元上調至49元,中國海外發展(00688.HK)  +0.450 (+2.827%)    Short selling $388.34M; Ratio 21.960%   目標價由14.5元上調至17元,建發國際目標價由17.2元上調至20元,評級均為「買入」。該行另上調越秀地產(00123.HK)  +0.110 (+2.423%)    Short selling $19.08M; Ratio 19.995%   目標價由4.6元升至5元,評級「買入」。(ad/da)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-11 16:25.)

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