恒隆地产:十一期间经营表现边际改善

中金公司
11 Oct 2024

公司近况我们近期参加了公司组织的上海恒隆广场、上海港汇恒隆广场及大连恒隆广场三个高端购物中心项目调研,反馈核心结论如下。评论年初至今人均消费下行拖累销售额表现,但十一期间边际改善显著。今年1-9 月公司购物中心销售额整体同比下降15%(1H24 同比-13%),其中次高端场、上海外高端场和上海高端场分别同比持平、-8%和-21%(1H24 分别同比+1%、-6%、-20%)。拆解背后驱动因素,公司...

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