摩根大通发表研究报告指,内地当局上月28日推出一系列住房销售制度改革措施,预期市场需要时间消化中国房地产行业“后预售”时代所带来的潜在销售重置,由于目前欠缺明确催化剂,相信未来数月内房发展商表现将跑输大市。摩通预测,若828新政严格执行,内房2027年合约销售将跌20%至30%,假设利润率水平未变,2029年盈利预期出现相若跌幅,当内房板块市账率回落至低位时,股价可能有约10%至20%潜在下行空间...
Source Link摩根大通发表研究报告指,内地当局上月28日推出一系列住房销售制度改革措施,预期市场需要时间消化中国房地产行业“后预售”时代所带来的潜在销售重置,由于目前欠缺明确催化剂,相信未来数月内房发展商表现将跑输大市。摩通预测,若828新政严格执行,内房2027年合约销售将跌20%至30%,假设利润率水平未变,2029年盈利预期出现相若跌幅,当内房板块市账率回落至低位时,股价可能有约10%至20%潜在下行空间...
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