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大行評級|里昂:將比亞迪、理想汽車及小鵬汽車列為行業首選 均予“跑贏大市”評級

里昂發表研究報吿指,中國以舊換新支持政策正帶動汽車行業需求回升,當中電動汽車尤其受惠,主要由於消費者喜好正從合資品牌內燃機(ICE)車型,轉移至新能源車型,加上車企紛紛於下半年推出各款新能源新車型,預期中國國產新能源汽車滲透率將穩步提升。里昂將比亞迪、理想汽車及小鵬汽車列為行業首選,均予“跑贏大市”評級,相信龍頭車企可持續受惠於政策刺激和電動汽車發展勢頭;當中看好理想ADAS發展可推動銷售增長,產品組合改善亦能提高新能源汽車銷售,帶來更高的盈利能見度。該行將理想汽車的目標價由96港元提升至109港元,對應2025年預測市盈率15.5倍。

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