Download
Download by
Scanning QR Code
  • Download app

    Download app

  • Online Inquiry

    Log in to access Online Inquiry
+
Congratulations
You've successfully got advanced quotes worth 5000 HKD
Download APP >>

《大行報告》匯豐上調內地新能源股目標價 行業迎結構性增長 首選風電板塊

即市頭條 ·  {{timeTz}}

匯豐研究發表報告,上調內地風電及太陽能板塊行業預測,反映更樂觀的增長展望。據國家能源局數據,內地去年增加48GW太陽能產能及72GW風電產能,勝市場預期,該行料在即將到來的「十四五」規劃,裝機料進一步加快。

該行提升全球太陽能裝機2021至2025年預測,當中提升中國內地預測由原先的介乎45至85GW,上調至介乎55至85GW。增長看似具結構性,容許該行看好相關設備股。在太陽能供應鏈方面,該行看好多晶矽及太陽能玻璃生產商,源於供需關係改善;同時料晶圓生產商在供應過剩下毛利率續受壓。太陽能玻璃方面,銷售均價去年升45%,未來兩至三個月料續升,直至因新產能投入而回落至較低水平。該行並上調2021至2025年內地風電新裝機預測,指風電潛在被市場低估。

匯豐偏好風電設備股多於太陽能股,主因估值計風險回報較佳,重申予金風科技(02208.HK)「買入」評級,即使銷售均價受壓,仍受惠銷量增加,成本減省;另東方電氣(01072.HK)及上海電氣(02727.HK)亦受惠風電增能增加。

太陽能板塊方面,匯豐偏好信義光能(00968.HK);並上調龍源電力(00916.HK)目標價,以反映增展前景改善。龍源計劃首次A股集資,而同業均具溢價,將有助其進行潛在併購,亦成為潛在股價催化劑。詳細投資評級及目標價見另表。

This page is machine-translated. Futubull tries to improve but do not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation.

Risk disclosure: The above content only represents the opinion of the authors or guests, and does not represent any positions of Futu or constitute any investment advice on the part of Futu. Before making any investment decision, investors should consider the risk factors related to investment products based on their own circumstances and consult professional investment advisers where necessary. Futu makes every effort to verify the authenticity, accuracy, and originality of the above content, but does not make any guarantees or promises.

Back to the Top