《大行》汇研料内地挖掘机受惠采矿业上升周期及电气化 上调中联重科(01157.HK)目标价至12元

阿斯达克财经
Feb 16

汇丰研究发表报告,认为在采矿业上升周期及电气化的推动下,内地挖掘机品牌可进一步抢占市场份额,并扩大利润。该行预期2026年中国挖掘机的出口及国内销量将分别增长15%及6%,其中出口将由中东及非洲等地的采矿及基建需求所带动;即使海外价格竞争加剧,出口销售占比提升仍将改善中国品牌的利润率,因为出口毛利率较国内高10个百分点。同时,该行认为国内市场的复苏主要由换机需求、大型项目及低基数所带动,而国内...

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