CITIC Securities: Valuation Paradigm of Historically Undervalued State-Owned Auto Firms May Shift
2 week ago / Read about 0 minute
Author:小编   

A research report from CITIC Securities highlights that following Dongfeng's privatization, the valuation paradigm of historically undervalued state-owned enterprises (SOEs) within the automobile industry is poised for a transformation. Recent privatization instances indicate that these SOEs are intensifying their focus on market value management. It is anticipated that subsequent capital operations by SOEs will become more frequent, thereby addressing the equity financing challenges faced by these enterprises. Furthermore, despite a late start, the transition towards intelligent electrification is ushering in a fundamental enhancement, infusing fresh momentum into the appreciation of SOE valuations.

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