《大行》大摩:神华(01088.HK)更新派息指引及资产注入略正面

阿斯达克财经
Jan 22, 2025

摩根士丹利发表研究报告指,神华(01088.HK) 宣布2025至2027年的派息比率不低于65%,高于2022至24年的60%。由于集团在2022至2023年的派息率为70%,大摩认为新指引显示其股息有温和上升空间。该行表示,神华以8.526亿元人民币向母公司收购杭锦能源100%股权。在煤炭价格下跌及缺乏内生增长的背景下,该行认为收购母公司资产提供了增长途径,而不会令已经供过于求的煤炭市场恶化。...

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