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《大行報告》瑞信下調中芯(00981.HK)目標價至17元 評級「跑輸大市」
阿思達克 09-28 11:03
瑞信發表研究報告,指美國商務部屬下工業和安全局(BIS),已向美國電腦和晶片企業發信,要求美企向中芯及多家附屬公司出口前,先就敏感技術提交許可申請,以防用作中國軍事用途,為美國帶來不可接受的風險。

該行指,公司的新產品和軟件升級將會受限制,而因應不確定性增加,將會令公司在生產力方面受影響。公司今年的資本開支為67億美元,相等於佔行業7%,但未來可能會受限。

該行維持「跑輸大市」評級,以反映美國的制裁風險,目標價由22.5元降至17元,以反映主要客戶華為已受限,和美國的制裁,預期聯華電子、世界先進、華虹半導體(01347.HK)(如沒有被列入軍事名單中)將受惠。

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