摩根士丹利发表报告指,2025年第二季中国消费行业需求复苏尚未显现,公司层面销售和利润率趋势分化加剧。该行覆盖公司的市场盈利预估在2025年第二季度下降,主要受成熟品类销售压力的影响。大摩预期高增长股将持续保持强劲势头,而老铺黄金(06181.HK) 及泡泡玛特(09992.HK) 将有潜在盈利上升空间。在成熟品类中,盈利上升更可能来自利润率的改善。该行预期中国中免(01880.HK) 、...
Source Link摩根士丹利发表报告指,2025年第二季中国消费行业需求复苏尚未显现,公司层面销售和利润率趋势分化加剧。该行覆盖公司的市场盈利预估在2025年第二季度下降,主要受成熟品类销售压力的影响。大摩预期高增长股将持续保持强劲势头,而老铺黄金(06181.HK) 及泡泡玛特(09992.HK) 将有潜在盈利上升空间。在成熟品类中,盈利上升更可能来自利润率的改善。该行预期中国中免(01880.HK) 、...
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