大摩:將阿里及台積電納人亞太焦點名單 剔出潤電(0836.HK)及香港電訊(6823.HK)
大摩發表研究報告指,在亞太(日本除外)焦點名單中加入阿里巴巴及台積電,並剔除了華潤電力(00836.HK)及香港電訊(06823.HK);而焦點名單亦加入了阿里,並剔除了潤電。
該行指出阿里被納入了三大焦點名單,公司同時是其中國互聯網分析師的首選,主要因為阿里在電商方面的強勢持續,加上三、四線城市成為新的增長動力;公司積極拓展2B及2C業務的雙增長引擎;公司現價相當於未來12個月預測市盈率22倍,相比自上市以來介乎20-35倍,估值亦吸引。
而納入台積電主要基於該行的大中華半導體分析師最近將其評級升至“增持”,認為中國方面的本土化趨勢及5G / 人工智能帶來的需求可提供支撐,而第三季的訂單及盈利表現亦肯定了相關看法,該行並預期台積電長遠可成為「國際數據時代」及「中國超級城市」等主題的重要得益者。
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