智通财经APP获悉，海通国际发布研报称，考虑到多种因素影响香港零售市场，略微下调九龙仓置业(01997)2024至2026财年的租金收入预测，同时将其目标价由26.7港元下调至21.8港元，评级同样下调至“中性”。
海通国际主要观点如下：
香港零售市场表现不佳：去年香港零售额同比减少7%，较2019年同期下降13%，主要由于2024年缺乏消费券效应、港人北上消费及港元强势环境下访港游客消费低迷。
内地游客消费吸引力受限：尽管深圳自去年12月起恢复赴港一签多行，内地游客到香港购物的吸引力有限，尤其是购买奢侈品及高价值商品。
零售租金预计下跌：过去三十年零售指数与零售租金有较高的相关性，人民币兑港元贬值料进一步影响今年旅客消费。该行预计今年香港零售租金续有单位数跌幅。
投资偏好及九龙仓置业评级调整：在零售收租股中，该行偏好日常用品股多于中高端收租股。基于上述因素，海通国际下调九龙仓置业2024至2026财年的租金收入预测，目标价和评级也相应下调。
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