《大行》里昂：中国消费股推荐安踏(02020.HK)、普拉达(01913.HK)、新秀丽(01910.HK)及裕元(00551.HK) 美国关税影响下通常具防御性

阿斯达克财经12-09

里昂发表研究报告指，相比起美国2018年的关税政策，明年可能实施的“特朗普2.0关税”覆盖范围更广泛，全球市场都将受到影响，同时六年过去中国的出口已变得更多元化，对美国的依赖度已有所下降，品牌及OEM公司的业务已较五至六年更具防守性，相信更能适应政策变化。里昂指出，对于品牌商而言，提价可能是较容易的手段来应对关税措施，但相信行业龙头不会轻易尝试，而是会致力于平衡市场份额与盈利能力，预期品牌和OEM...

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