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富瑞:予阿里巴巴(9988.HK)目標價307港元 評級“買入”
格隆匯 09-30 14:24

富瑞發表研究報告指,阿里巴巴(9988.HK)在數字媒體及娛樂(DME)方面將與集團產成協同效應,加速用户增長;盒馬鮮生通過同店銷售快速增長,以及增加客户消費量,創新新零售業務發展;而阿里的本地服務數字化將與螞蟻集團產生協同效應。該行予其美股目標價314美元;港股目標價307港元,同為“買入”評級。

富瑞指,阿里將物流鏈中的關鍵組成部分,包括包裹、快遞、倉庫及車輛等都數字化,令物流更有效率。菜鳥得益於其物聯網和人工智能技術,截至7月31日,共有8萬多個站點,包裹量按年增長110%以上,而包裹提取的平均時間減少了約33%。

阿里雲方面,該行指,阿里雲上半年的付費客户超過300萬,增值服務的收入貢獻從2017年的43%增長到55%,並在IaaS(基礎設施即服務)、PaaS(平台即服務)、及SaaS(軟件即服務)提供全面的產品,集成軟硬件與商業智能的服務。

該行續指,未來阿里雲將為公共服務、金融科技、新零售、製造、運輸和物流、汽車、媒體服務等行業帶來解決方案,同時醫療、教育和農村是未來的新機遇。

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