《大行报告》高盛料内地加快5G建设 中兴及京信通信受惠吁买入
高盛发表报告表示,中国工信部原部长李毅中早前表示,料内地将公布全国未来七年将建设600万个5G基站,而该行目前料内地同期将建500万个5G基站,据李毅中指中国在11个城市今年已建15万至18万个5G基站(该行预测为16万个),从李氏言论支持了该行对中国5G快速发展的观点,而该行估计中国於2019年至2021年每年各建16万、100万及110万个5G基站。
该行认为,中兴通讯(00763.HK)、深南电路(002916.SZ)、京信通信(02342.HK)将可明显受惠5G设备发展空间,料卓胜微电(300782.SZ)可受惠於智能手机的供应链。
高盛表示,中兴为内地电讯设备领先供应商,在内地无线电讯设备市占率30%,相信公司可受惠於中国加快推动5G发展,在5G周期下维持其市场份额,予其「买入」投资评级,12个月目标价为33.6元,此相当预测2020年市盈率20倍。而该行予京信通信「买入」投资评级,12个月目标价为2.6元,此相当预测2021年市盈率15倍。
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