植耀辉: 忧经济美股连跌第二日 腾讯(00700.HK)绩佳可续持有
耀才证券研究部总监植耀辉称,美股隔晚(13日)显着下挫,联储局主席鲍尔指美国经济前景风险很高,并警告若不增加政府刺激计划支出,经济持续低迷的威胁可能进一步加深;但同时他亦表明反对负利率,消息令市场加深对经济前景之关注,加上美国联邦退休储蓄投资委员会(FRTIB)发表声明,表示将无限期推迟投资部分中国企业资产,令市场关注中美关系。美国三大指数均录得显着跌幅,当中道指下跌516点或2.2%,收报23,247点;标普500指数则收报2,820点,下跌50点或近1.8%;纳指则收报8,863点,下跌139点或近1.6%。
至於港股,昨日继续在科技股领军下造好,当中腾讯(00700.HK)功不可没,股价一度高见438.2元,其他科技股亦有理想表现,美团(03690.HK)急升5.5%,有指是憧憬有望染蓝,然而笔者认为周五(15日)公布之恒指季检染蓝机会不大,始终恒指服务公司已宣布会於下周一(18日)公布有关恒生指数及恒生中国企业指数应否纳入同股不同权公司及第二上市公司的谘询总结,故今次炒染蓝似乎有点过早,但由於股价已大幅炒上,所以持货者不妨见好就收,又或分注减磅为佳。
当然要谈谈腾讯业绩。腾讯首季收入及盈利(Non GAAP)按年分别上升26%及29%,表现为市场预期上限,当中增值服务分部理想,网络游戏增长31%,单计手游的话收入达到347.56亿元人民币(2019年第一季为212亿元人民币),增速达到64%,惟由於个人电脑客户端游戏收入按年倒退14.5%(由138亿元人民币下跌至117.95亿元人民币),抵销部分相关升幅,但总括而言增值服务表现属强劲。
至於网络广告业务亦较预期佳,按年仍能上升32%至177.13亿元人民币,体育广告收入下跌幅度亦较预期低,为10%。金融科技及其他企业服务收入则仍有22%增长。事实上,今次业绩表现可说颇有惊喜,从ADR亦升超过4%,反映投资者普遍认为业绩「收货」。相信今日股价有望重上440元水平,持货者不妨考虑继续持有,惟高追则预期短期水位有限,加上市况似乎会有一定暗涌,故不妨候调整再作考虑。
(笔者为证监会持牌人,并未持有相关股份)~
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