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馮兆山先生(Michael Fung)
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現任職輝立經理,對投資股票、期權經驗豐富。本人樂意為客戶提供投資分析及買賣策略。歡迎各位來電交流心得。
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比亞迪 (1211.HK) 受惠新能源汽車政策

Thursday, September 26, 2019 Views350

中美貿易摩擦升級、英國內部退歐爭執等多重不明朗因素推高市場避險情緒,皆令今年以來投資市場表現疲弱。


 

雖然, 外圍環境表現不濟, 但中國經濟運行總體尚算平穩、甚至可稱得上是穩中向好,外匯市場供求基本平衡,主要管道跨境資金流動狀況保持穩定,外匯儲備規模穩中有升。


 

筆者相信, 中國內地經濟發展於第四季可保持足夠韌性和巨大潛力,應對外部衝擊的能力不斷增強,長期向好的態勢不會改變。良好的經濟基本面將為外匯市場平穩運行提供有力支撐,為外匯儲備規模總體穩定提供堅實基礎。


 

早前,國家發改委印發《推動重點消費品更新升級暢通資源迴圈利用實施方案(2019-2020年)》的通知。文件提出多項利好比亞迪汽車的政策, 包括:

  • 加快新一代車用動力電池研發和產業化,引導企業創新商業模式,推廣新能源汽車電池租賃等車電分離消費方式,降低購車成本;
  • 認真落實國務院常務會議精神,各地不得對新能源汽車實行限行、限購,已實行的應當取消;
  • 對農村居民報廢三輪汽車,鼓勵購買 3.5 噸及以下貨車或者 1.6 升及以下排量乘用車,積極發揮商會、協會作用,組織開展“汽車下鄉”促銷活動,促進農村汽車消費;
  • 推動城市公共領域車輛更新升級,加快推進城市建成區新增和更新的公交、環保衛生、郵政、出租、通勤、輕型物流配送車輛使用新能源汽車;
  • 聚焦續航里程短、充電時間長等痛點,借鑒公共服務領域換電模式和應用經驗,鼓勵企業研製充換電結合、電池配置靈活、續航里程長短兼顧的新能源汽車產品;
  • 聚焦汽車、家電、消費電子產品領域,進一步鞏固產業升級勢頭,增強市場消費活力,提升消費支撐能力,暢通資源循環利用,促進形成強大內地市場,實現產業高品質發展。

  • 消費政策重點支持新能源汽車,隨着更多相關的政策出台,相信將進一步刺激新能源車的銷量,新能源車龍頭比亞迪應可以受惠。


 

交易策略:

  • 看圖睇勢, 比亞迪的股價現於保歷加通道下軸底部運行, 料保歷加下軸可帶來支持。目前, 保歷加通道下軸 = HK$35.55, 投資者可於現價水平 = HK$38.9 才出吸納, 上望目標價 = 8月6日下跌裂口的底部 HK$45.2. 若跌穿保歷加通道下軸 = HK$35.55, 投資可考慮先行止蝕, 控制風險。


 

買入價 = HK$38.90

目標價 = HK$45.20

止蝕價 = HK$35.55


 

本人為證監會持牌人士。截至本評論文章發表日止,本人及或其有聯繫者並無持有全部提及之證券的所有相關財務權益。

 

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