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光大证券:交运行业高股息央企价值凸显

Everbright Securities: High dividend value of central enterprises in the transportation industry stands out.

Breakings ·  Jun 26 08:24
According to Everbright's research reports, as state-owned enterprise reform continues to deepen, the value of central-enterprise transportation industry with high dividend yields is highlighted. The objective of market capitalization management and the assessment of the "one profit and five rates" are expected to increase the capital market recognition of central-state-owned enterprises and further enhance their capital market value during the deepening reform of state-owned enterprises. The low-interest-rate environment in 2024 is expected to be maintained, and high-dividend targets are expected to continue to receive market attention. Sub-industries such as highway, railroad, port, and bulk supply chain have some high-quality listed companies with stable profitability and excellent cash flow performance, and they adhere to high dividend policies while continually improving their operational quality. They are expected to usher in a new round of valuation repair market and highlight the value of central-enterprise transportation industry with high dividend yields. Recommended targets for attention include Shenzhen Expressway Corporation, Jilin Expressway, and Guangshen Railway.

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