轻工制造行业2026年投资策略:出海成长 内需择优

浙商证券
Dec 09, 2025

行业定调复盘25年,国补拉动不足、消费大盘疲软,“新”消费行情集中演绎、但龙头表现已经开始出现分化;与此同时,周期底部的优质制造逐步进入布局区间,拥有海外建厂能力or产品渠道出海布局的龙头纷纷加快节奏。展望26年,我们认为出海主线带来的业绩增长具备高确定性、同时核心标的估值性价比高,延续作为新一年的主线;传统内需重点关注金属罐和造纸链条潜在提价带来的盈利拐点,地产链条磨底已经边际开始企稳;新消费...

Source Link

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.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10