金吾财讯 | 港股家电股整体走低，截至发稿，海尔智家（06690）跌2.59%，海信家电（00921）跌2.22%，美的集团（00300）跌1.24%。消息面上，国联民生证券研究指，二季度家电板块收入延续平稳走势，但利润端受原材料涨价和汇率波动干扰，经营筑底。展望下半年：家电行业β低位向上，内销基数压力缓解，外销延续景气，营收提速趋势确定；行业龙头积极挖掘海外增量、业务边界外拓，盈利端有望受益于内生控费增效、品牌势能提升、竞争压力缓解等因素，随着成本及汇率扰动趋弱，业绩改善弹性可期。当前板块估值/持仓/经营均在低位，以白电为代表的价值龙头，股东回报多有加码，红利属性强化，“稳增长+高股息”提供估值修复基础。
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.