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植耀辉: 港股续呈整固格局 阿里绩优候低吸纳
阿思达克 02-14 10:51

耀才证券研究部总监植耀辉称,港股昨日(13日)一度逼近28,000点水平,但未能进一步突破後出现回调,午後跌幅曾有所扩大,并跌破27,700点水平,但在腾讯(00700.HK)再次发挥「单天保至尊」下令跌幅收窄。最终港股收报27,730点,下跌93点或0.34%,成交量继续维持过千亿元。由於投资者仍继续关注疫情进展,加上经济前景依然不明,相信大市仍难破28,000点阻力,并於27,000至28,000点水平上落。

当然要继续跟进阿里巴巴(09988.HK)季绩表现。截至12月底第三季业绩,收入按年上升38%至1,614.56亿元人民币(下同),非通用会计准则计净利润按年亦升56%至464.9亿元,表现优於市场预期。核心商业业务包括淘宝及天猫表现依然强劲,另外阿里云单季收入按年增加62%至107.21亿元人民币,主要是来自公共云与混合云业务的收入贡献。论业绩表现笔者「收货」,只是投资者仍较关注今年业务表现,因此可继续候205港元以下伺机吸纳。

另外,腾讯(00700.HK)股价继续有追捧,事缘受疫情影响,内地「打机」人数及付费数目又再次回升。根据QUESTMOBILE资料,2020年春节期间手机游戏APP中,王者荣耀人均使用时间同比增长75.1%至194分钟。第二位的和平精英也同比增长24.6%至124分钟;另一方面,腾讯科技金融发展亦成为另一卖点。有大行便估计其科技金融估值达1,470亿美元。虽然卖点多多,但笔者依然认为现价腾讯并不算吸引,始终现时单靠游戏难以支持其股价,同时政策风险依然是其中一个不确定性。所以仍维持早前看法,暂不建议大市高追。

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