招银国际：对中国可选消费行业持“同步大市”评级展望偏向谨慎

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智通财经APP获悉，招银国际发布研报称，对2026年中国可选消费行业持“大市同步”评级，预期整体零售销售增长约3.5%，较2025年的约4%略有放缓，展望偏向谨慎，不过，春节时间延后、超长连假、房地产板块或出现复苏和股市保持畅旺为少数正面因素;预计2026年上半年行业股价承压，下半年反弹空间相对较大。招银国际表示，行业估值大概率已在今年完成筑底并展开修复，目前约15倍市盈率，相较于过去8年约20倍...

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招银国际：对中国可选消费行业持“同步大市”评级 展望偏向谨慎

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招银国际：对中国可选消费行业持“同步大市”评级展望偏向谨慎