花旗发表报告，将长江基建(01038.HK) 及电能实业(00006.HK) 的投资评级从“中性”上调至“买入”，长江基建目标价由49元升至62元，电能实业目标价由48元升至58元，主要基于潜在并购效益以及英镑与澳元兑港元升值的双重利好因素。同时，鉴于港灯-SS(02638.HK) 股价在过去六个月上涨17%，将其评级从“买入”下调至“中性”，目标价由6.1元升至6.6元。该行建议投资者从港灯转向长江基建和电能实业，以把握更大的股价上行潜力。2025年，长江基建、电能实业和港灯的预测股息率分别为4.7%、5.5%和5.2%。
在并购方面，据报长江基建可能已签署协议出售其UK Rails业务，预计可实现相当于原始投资额两倍的累计回报。集团主席李泽钜称“有买有卖，生意才能做得更大”。花旗预计该交易将于2025年下半年为长江基建带来约2亿至3亿英镑的处置收益。此外，《彭博》报道指出，长江基建可能对收购Thames Water及英国液化天然气(LNG)接收站等新资产感兴趣。该行估算，每投入10亿美元并购资金，长江基建的净利润将增加3.12亿港元，相当于净利润增长3.6%。电能实业因常与长江基建共同投资受监管的公用事业项目，具备类似的盈利提升潜力。(ad/da)(港股报价延迟最少十五分钟。沽空资料截至 2025-08-01 16:25。)
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.