华泰证券:“反内卷”政策预期或催化煤炭板块估值修复

格隆汇资讯
24 Jul

华泰证券研报表示,煤炭旺季已至,需求回暖催化煤价修复;供需宽松下生产端或有以量补价,“反内卷”政策预期推升市场情绪,有望催化煤炭板块估值修复。重申煤炭板块的红利逻辑,建议关注盈利能力稳健有望保持高分红比例的动力煤龙头,以及去年以来超产现象大幅减少的山西地区相关龙头公司。

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