大和:阿里巴巴(9988.HK)在港進行第二上市 重申“買入”評級
大和發表報告表示,阿里巴巴(09988.HK)申請在本港進行第二上市,計劃發行5億股股份,香港公開發售1,250萬股股份,國際發售4.875億股,若按阿里巴巴於11月13日在美國每股收市價相當於178.6港元計,料集資893億港元(約114億美元),該股將於本月20日定價,本月26日在香港掛牌上市。
該行指,上市完成後,阿里巴巴在本港及美國上市的股份將可互相轉換。大和表示,重申對阿里巴巴“買入”投資評級,予其未來12個月目標價每股240美元(約1,879.32港元)(上市文件指每1股美國存托股代表8股本港上市股份,按其對美國存托股目標價約1,879.32港元,推算該行予其港股估值每股相當234.9港元),此按綜合方式作估值。
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