摩根士丹利发表研究报告,更新新城发展(01030.HK) 的风险回报分析。该行纳入2025年业绩及引入2028年预测,下调新城发展2026年核心每股盈利预测9%及2027年预测3%,以反映:一)更新后的开发物业入账及完工时间表;二)物业销售疲弱;三)较佳的开发物业毛利率。该行表示,考虑到重资产模式下新开业商场数量减少,下调中期商场租金增长预测,由原来的7%至8%年复合增长率降至5%至6%。但因融资...
Source Link摩根士丹利发表研究报告,更新新城发展(01030.HK) 的风险回报分析。该行纳入2025年业绩及引入2028年预测,下调新城发展2026年核心每股盈利预测9%及2027年预测3%,以反映:一)更新后的开发物业入账及完工时间表;二)物业销售疲弱;三)较佳的开发物业毛利率。该行表示,考虑到重资产模式下新开业商场数量减少,下调中期商场租金增长预测,由原来的7%至8%年复合增长率降至5%至6%。但因融资...
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