摩通:維持對騰訊(0700.HK)增持評級 目標價620港元
摩通發表的研究報告指,騰訊(0700.HK)將於11月13日公佈第三季業績,該行估算與市場大致一致,但現時仍未知道《地下城與勇者》手遊何時推出,預期第三、四季遊戲收入將繼續受遞延收入強勁帶動以及新遊戲在10月尾推出。該行料公司遊戲業務經營的估算或會有正面調整,而金融科技發展亦有助估值擴張,故有助帶動股價上行。摩通料短期騰訊的催化劑包括金融科技同業IPO(京東數科及陸金所等)、三款新遊戲在10月尾推出以及第三季業績,維持股份增持評級,目標價620港元。
該行估計第三季公司收入將按年升26%至1,230億元人民幣(下同),按非國際會計準則計算每股盈利將升23%至3.14元,較市場預期低3%,認為受惠遊戲收入強勁及營銷開支受控,盈利或有上行。

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