《大行報告》高盛:工信部支持加快5G網絡建設步伐 利好5G供應鏈
高盛發表的研究報告指,工業和信息化部召開電視電話會議,講述加快推進5G發展、做好信息通信業復工復產工作,該行相信政策將加快5G網絡建設,並對5G供應鏈有正面作用,該行將中興通訊(00763.HK)及京信通信(02342.HK)評級降至「中性」,相信正面因素已反映在其股價上,而中興A/H股價相當於該行對其2020年每股盈利預測的32倍及20倍,認為估值上行空間有限。
高盛指,工信部重申電訊行業的重要性,並認為行業復甦將帶動並支持其他行業復產,同時將指導電訊公司應評估疫情、設計及優化5G網絡建設計劃,並加快獨立組網5G建設步伐,支持基建投資及供應鏈發展。
此外會議亦提到要推動5G及其他行業的協同,包括是工業、醫療、教育等,並加快5G工業互聯網的應用以支持行業數碼化等。另外會議亦提到可擴展5G應用包括是線上教育、遙距醫療訓練及在家工作等。而地方工信部亦建立了復產機制,並密切監測生產情況,並助電訊企業應對挑戰,該行相信相關的支援政策將帶動5G加快。
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