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.
中金:基建實物投資有望在年內得以一定程度回補
格隆匯 04-27 08:43
格隆匯4月27日丨中金公司表示,從最近情況看,今年一季度廣義基建投資增速達10.5%,爲2018年以來的最高點(不考慮去年上半年因低基數帶來的基建高增長),統計局數據顯示今年一季度固投的政府預算內資金增速達34.7%,財政支出前置特徵明顯,後續資金支出增速或有所放緩。截至4月第3周基建的終端施工仍未明顯改善,我們認爲這或主要與疫情對施工和建材跨區域運輸帶來的阻隔有關,如果疫情在今年5月得以緩解,結合近期利好政策的出臺,基建實物投資有望在年內得以一定程度回補。我們在此前報告中對今年廣義基建增速預測爲6-8%(狹義基建5%),年內若看到基建的社會資金端融資條件有明顯放鬆(如政策行加大對水利等偏公益類基建支持,城投融資條件改善),基建增速或更接近我們此前預測區間的上限。
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