摩根大通发表研报指,受中国本土化及较好的2025财年首季前景所推动,中芯(00981.HK) 近期股价录得上涨,目前其估值与2020年年中A股IPO时持平。但摩通同时认为,这种估值不太可能持续,主要由于增长动能可能仍将保持相当低迷;2025财年首季的部分上行空间是由于补贴及美国关税生效前,零部件预制带来的前期需求,而这种趋势应会在今年下半年逆转;资本开支及折旧需求增加,加上持续的价格压力,可能会...
Source Link摩根大通发表研报指,受中国本土化及较好的2025财年首季前景所推动,中芯(00981.HK) 近期股价录得上涨,目前其估值与2020年年中A股IPO时持平。但摩通同时认为,这种估值不太可能持续,主要由于增长动能可能仍将保持相当低迷;2025财年首季的部分上行空间是由于补贴及美国关税生效前,零部件预制带来的前期需求,而这种趋势应会在今年下半年逆转;资本开支及折旧需求增加,加上持续的价格压力,可能会...
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