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《大行報告》中金:內地近週二手房復甦延續 關注各城市間新房銷售分化
中金髮表報告指,上月二手房銷售延續高景氣復甦態勢,後市須關注新房銷售分化情況。而內房板塊周內普漲,建議逢低吸籌,把握下半場基本面行情。 報告指,二手房市場上週15個樣本城市二手房銷售面積按周增約一成,按年仍接近翻倍,延續此前的快速復甦趨勢。新房市場上,上週中指54個樣本城市新房銷售面積按周下降 16%,按年增長23%。伴隨推盤量邊際提升,中金認爲須持續關注新房復甦趨勢延續性,尤其是各城市間分化情況。 另外,2月境內信用債發行量延續此前按年增長趨勢,上升29%至319億元,境外融資環境未見改善,中資地產美元債發行量僅爲3億美元。 中金指,雖然近期個別房企財務風險的上升壓制板塊風險偏好,考慮到兩會對地產的表述延續此前供需並重的政策取態,認爲個體風險拖拽行業二次探底的可能性有限。推薦均好型標的如華潤置地(01109.HK)、中國海外(00688.HK)、綠城中國(03900.HK)、越秀地產(00123.HK);財務穩健的低 估值標的美的置業(03990.HK)、中海宏洋(00081.HK);風險偏好更高的投資者可關注個別民 企短期交易型機會,如旭輝(00884.HK) 。
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