摩根士丹利预计下半年内地物管行业增长较快

观点网2025-09-12

观点网讯：9月12日，摩根士丹利发布研究报告指出，内地物业管理行业上半年业绩已现初步企稳迹象，预计下半年增长将提速，2025至2027年行业盈利年复合增速分别为4%、9%及11%。该行认为，未来增长动力主要来自第三方项目及非开发商增值服务，股东回报将成为估值核心。报告同步调整多家个股评级：万物云由“与大市同步”升至“增持”，目标价由22.51港元上调至29.21港元，理由为业务扭亏及股息率具吸引力...

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