《大行》摩通降级首都机场(00694.HK)至“减持”兼削价四成 面临结构性不利因素

阿斯达克财经
Mar 10

摩根大通发表报告,对北京首都机场股份(00694.HK) 投资评级由“中性”降至“减持”,目标价由3港元大削40%至1.8港元,认为股份正面临结构性不利因素带来的短期挑战。该行指,该股被剔出港股通,将对约25%的已发行股份构成抛售压力。业务方面,公司2025年净亏损介乎6亿至7.6亿元人民币,亏损远超市场预期,显示盈利复苏有限。而新的免税合约收入分成比例为5%至8%,结构上亦限制了盈利空间。该行...

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