格隆汇2月3日丨港股市场约半数内房股录得上涨，其中融创中国(1918.HK)涨2.76%领涨，中国金茂(0817.HK)涨逾2%。
富瑞发表报告指，上月中国房地产销售一如预期表现疲弱，政策面有望宽松下，目前是趁低吸纳时机。报告指，根据克而瑞的数据显示，内地30家主要开发商上月平均销售按年下跌7%，相信疲弱销售已为市场所预期或消化，主要是今年较早的农历新年，以及因新型冠状病毒爆发而令销售恶化。
富瑞认为，在开发商转为审慎及放慢推盘步伐下，预期2月份房地产销售仍将维持疲弱，不过由于内房股股价在1月份平均回落了13%，主要受获利沽盘及配股消息拖累，目前该板块估值已跌回至去年第四季的相若水平，预测市盈率只4.4倍，股价较每股资产淨值折让47%，目前正是趁低收集优质内房股之时候。
富瑞最新内房股首选依次为旭辉(00884.HK)、融创(01918.HK)、合景泰富(01813.HK)及中骏(01966.HK)，另外把世茂房地产(00813.HK)评级由“持有”上调至“买入”。
About half of the internal housing stocks in the Hong Kong stock market rose on February 3, with Sunac China (1918.HK) up 2.76 per cent and China Jinmao (0817.HK) up more than 2 per cent.
Fu Rui issued a report that China's real estate sales last month as expected weak performance, the policy is expected to be loose, now is the time to take advantage of low absorption. According to the report, according to Carey's data, the average sales of the 30 major developers in the mainland fell by 7% year-on-year last month. It is believed that weak sales have been expected or digested by the market, mainly due to the Lunar New year earlier this year and the deterioration of sales due to the outbreak of novel coronavirus.
Furey believes that real estate sales are expected to remain weak in February as developers become cautious and slow down the pace of the market, but as inner housing shares fell by an average of 13% in January, mainly dragged down by profit-making selling orders and rights issue news, the sector's valuation has fallen back to similar levels in the fourth quarter of last year, with a price-to-earnings ratio of only 4.4 times forecast earnings and a 47% discount to the net value of assets per share. Now is the time to take advantage of the low collection of high-quality inner housing stocks.
Fu Rui's top choices for the latest inner housing stocks are 00884.HK, 01918.HK, 01813.HK and 01966.HK, and upgraded Shimao Real Estate (00813.HK) from "hold" to "buy".
