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《大行报告》摩通料内地平台反垄断指南或利淡阿里及美团 料对腾讯影响有限
阿思达克 11-11 14:21
日前国家市场监管总局发布《关於平台经济领域的反垄断指南》公开徵求市场意见稿,预防及制止互联网平台经济领域的垄断行为,摩根大通发表报告表示,该指南是对现有互联网「反垄断法」的一种阐释,对电商平台领导者,如阿里巴巴(09988.HK)及美团(03690.HK)的影响较大,但其他主要的互联网运营商,如百度(BIDU.US),携程(TCOM.US)及腾讯(00700.HK)则相对有限,有可能会因财务影响而改变其运营策略,至於实际影响则要取决於相关规则的执行。

该行补充,短期而言科技股股价会因此而受压,尤其是阿里巴巴及美团,相信投资者会沽货锁定利润。该行建议可趁低吸纳腾讯,主因即使因条例而改变部分微信业务对整体财务影响轻微;稳健的游戏前景以及看好其金融科技业务等因素;亦建议低吸京东(09618.HK),料上述指引对其影响不大。

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